Heilongjiang Transport Gross Profit vs. Return On Equity
| 601188 Stock | 3.87 0.16 3.97% |
Gross Profit | First Reported 2010-03-31 | Previous Quarter 50.8 M | Current Value 91.6 M | Quarterly Volatility 53.6 M |
For Heilongjiang Transport profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Heilongjiang Transport to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Heilongjiang Transport Development utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Heilongjiang Transport's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Heilongjiang Transport Development over time as well as its relative position and ranking within its peers.
Heilongjiang |
Heilongjiang Transport Return On Equity vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Heilongjiang Transport's current stock value. Our valuation model uses many indicators to compare Heilongjiang Transport value to that of its competitors to determine the firm's financial worth. Heilongjiang Transport Development is number one stock in gross profit category among its peers. It also is number one stock in return on equity category among its peers . The ratio of Gross Profit to Return On Equity for Heilongjiang Transport Development is about 9,104,026,752 . At present, Heilongjiang Transport'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 Heilongjiang Transport by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Heilongjiang Transport'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.Heilongjiang Return On Equity 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.
Heilongjiang Transport |
| = | 213.03 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.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Heilongjiang Transport |
| = | 0.0234 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Heilongjiang Return On Equity Comparison
Heilongjiang Transport is currently under evaluation in return on equity category among its peers.
Heilongjiang Transport Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Heilongjiang Transport, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Heilongjiang Transport will eventually generate negative long term returns. The profitability progress is the general direction of Heilongjiang Transport's change in net profit over the period of time. It can combine multiple indicators of Heilongjiang Transport, 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 | ||
| Operating Income | 127.2 M | 210.8 M | |
| Income Before Tax | 177.8 M | 318.2 M | |
| Net Income Applicable To Common Shares | 193.3 M | 259 M | |
| Net Income | 137.2 M | 242 M | |
| Income Tax Expense | 62.2 M | 66.4 M | |
| Net Income From Continuing Ops | 143.5 M | 212.7 M | |
| Total Other Income Expense Net | 135.6 M | 133.2 M | |
| Net Interest Income | 10.7 M | 17 M | |
| Interest Income | 10.9 M | 17.2 M | |
| Change To Netincome | -98.7 M | -103.6 M |
Heilongjiang Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Heilongjiang Transport. 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 Heilongjiang Transport 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 Heilongjiang Transport's important profitability drivers and their relationship over time.
Use Heilongjiang Transport 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 Heilongjiang Transport 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 Heilongjiang Transport will appreciate offsetting losses from the drop in the long position's value.Heilongjiang Transport Pair Trading
Heilongjiang Transport Development Pair Trading Analysis
The ability to find closely correlated positions to Heilongjiang Transport could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Heilongjiang Transport 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 Heilongjiang Transport - 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 Heilongjiang Transport Development to buy it.
The correlation of Heilongjiang Transport 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 Heilongjiang Transport moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Heilongjiang Transport 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 Heilongjiang Transport 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 Heilongjiang Transport position
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Other Information on Investing in Heilongjiang Stock
To fully project Heilongjiang Transport's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Heilongjiang Transport 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 Heilongjiang Transport's income statement, its balance sheet, and the statement of cash flows.