Gome Telecom Gross Profit vs. Total Debt
| 600898 Stock | 1.82 0.03 1.62% |
Gross Profit | First Reported 2002-03-31 | Previous Quarter -2.2 M | Current Value -1.2 M | Quarterly Volatility 26.9 M |
For Gome Telecom profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Gome Telecom to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Gome Telecom Equipment utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Gome Telecom's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Gome Telecom Equipment over time as well as its relative position and ranking within its peers.
Gome |
Gome Telecom Equipment Total Debt vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Gome Telecom's current stock value. Our valuation model uses many indicators to compare Gome Telecom value to that of its competitors to determine the firm's financial worth. Gome Telecom Equipment is number one stock in gross profit category among its peers. It also is the top company in total debt category among its peers making up about 10.50 of Total Debt per Gross Profit. At present, Gome Telecom's Gross Profit is projected to decrease significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value Gome Telecom by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Gome Telecom's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Gome Total Debt vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Gome Telecom |
| = | 6.48 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Gome Telecom |
| = | 68.01 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Gome Total Debt vs Competition
Gome Telecom Equipment is the top company in total debt category among its peers. Total debt of Consumer Discretionary industry is presently estimated at about 29.73 Trillion. Gome Telecom adds roughly 68.01 Million in total debt claiming only tiny portion of stocks in Consumer Discretionary industry.
Gome Telecom Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Gome Telecom, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Gome Telecom will eventually generate negative long term returns. The profitability progress is the general direction of Gome Telecom's change in net profit over the period of time. It can combine multiple indicators of Gome Telecom, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Income Tax Expense | 4.2 M | 4 M | |
| Income Before Tax | -121.5 M | -115.4 M | |
| Net Loss | -36 M | -37.8 M | |
| Net Loss | -112.4 M | -106.8 M | |
| Operating Income | -61 M | -57.9 M | |
| Net Loss | -121.6 M | -127.6 M | |
| Total Other Income Expense Net | -105.5 M | -100.2 M | |
| Net Interest Income | -7.1 M | -7.4 M | |
| Interest Income | 235.6 K | 223.8 K | |
| Change To Netincome | -3.9 M | -3.7 M |
Gome Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Gome Telecom. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Gome Telecom position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Gome Telecom's important profitability drivers and their relationship over time.
Use Gome Telecom in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Gome Telecom position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Gome Telecom will appreciate offsetting losses from the drop in the long position's value.Gome Telecom Pair Trading
Gome Telecom Equipment Pair Trading Analysis
The ability to find closely correlated positions to Gome Telecom could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gome Telecom when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Gome Telecom - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Gome Telecom Equipment to buy it.
The correlation of Gome Telecom is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Gome Telecom moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gome Telecom Equipment moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Gome Telecom can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Gome Telecom position
In addition to having Gome Telecom in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Other Information on Investing in Gome Stock
To fully project Gome Telecom's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Gome Telecom Equipment at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Gome Telecom's income statement, its balance sheet, and the statement of cash flows.