Ningxia Baofeng Return On Asset vs. Cash Flow From Operations

600989 Stock   15.72  0.29  1.81%   
Considering the key profitability indicators obtained from Ningxia Baofeng's historical financial statements, Ningxia Baofeng Energy may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Ningxia Baofeng's ability to earn profits and add value for shareholders.
For Ningxia Baofeng profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ningxia Baofeng to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ningxia Baofeng Energy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ningxia Baofeng's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ningxia Baofeng Energy over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Ningxia Baofeng's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ningxia Baofeng is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ningxia Baofeng's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Ningxia Baofeng Energy Cash Flow From Operations vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Ningxia Baofeng's current stock value. Our valuation model uses many indicators to compare Ningxia Baofeng value to that of its competitors to determine the firm's financial worth.
Ningxia Baofeng Energy is rated third in return on asset category among its peers. It is rated fourth in cash flow from operations category among its peers making about  127,644,989,310  of Cash Flow From Operations per Return On Asset. Comparative valuation analysis is a catch-all model that can be used if you cannot value Ningxia Baofeng by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ningxia Baofeng'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.

Ningxia Cash Flow From Operations vs. Return On Asset

Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Ningxia Baofeng

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0681
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.

Ningxia Baofeng

Operating Cash Flow

 = 

EBITDA

-

Taxes

 = 
8.69 B
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.

Ningxia Cash Flow From Operations Comparison

Ningxia Baofeng is currently under evaluation in cash flow from operations category among its peers.

Ningxia Baofeng Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Ningxia Baofeng, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ningxia Baofeng will eventually generate negative long term returns. The profitability progress is the general direction of Ningxia Baofeng's change in net profit over the period of time. It can combine multiple indicators of Ningxia Baofeng, 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 ReportedProjected for Next Year
Net Interest Income-261.4 M-274.5 M
Interest Income15.6 M14.8 M
Operating Income7.2 B6.4 B
Net Income From Continuing Ops5.7 B4.9 B
Income Before Tax6.5 B5.6 B
Net Income Applicable To Common Shares7.2 B4.7 B
Net Income5.7 B4.9 B
Income Tax Expense1.2 B700.3 M
Change To Netincome321.8 M351.8 M

Ningxia Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Ningxia Baofeng. 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 Ningxia Baofeng 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 Ningxia Baofeng's important profitability drivers and their relationship over time.

Use Ningxia Baofeng 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 Ningxia Baofeng 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 Ningxia Baofeng will appreciate offsetting losses from the drop in the long position's value.

Ningxia Baofeng Pair Trading

Ningxia Baofeng Energy Pair Trading Analysis

The ability to find closely correlated positions to Ningxia Baofeng could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ningxia Baofeng 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 Ningxia Baofeng - 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 Ningxia Baofeng Energy to buy it.
The correlation of Ningxia Baofeng 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 Ningxia Baofeng moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ningxia Baofeng Energy 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 Ningxia Baofeng 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Ningxia Baofeng position

In addition to having Ningxia Baofeng 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.

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Run Energy Funds Thematic Idea Now

Energy Funds
Energy Funds Theme
Funds or Etfs investing in energy sector, natural resources, and ecology. The Energy Funds theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Energy Funds Theme or any other thematic opportunities.
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Other Information on Investing in Ningxia Stock

To fully project Ningxia Baofeng's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ningxia Baofeng Energy 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 Ningxia Baofeng's income statement, its balance sheet, and the statement of cash flows.
Potential Ningxia Baofeng investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Ningxia Baofeng investors may work on each financial statement separately, they are all related. The changes in Ningxia Baofeng's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ningxia Baofeng's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.