Ye Chiu Current Valuation vs. Net Income
| 601388 Stock | 2.67 0.06 2.30% |
For Ye Chiu profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ye Chiu to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ye Chiu Metal utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ye Chiu's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ye Chiu Metal over time as well as its relative position and ranking within its peers.
601388 |
Ye Chiu Metal Net Income vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ye Chiu's current stock value. Our valuation model uses many indicators to compare Ye Chiu value to that of its competitors to determine the firm's financial worth. Ye Chiu Metal is the top company in current valuation category among its peers. It also is number one stock in net income category among its peers making up about 0.02 of Net Income per Current Valuation. The ratio of Current Valuation to Net Income for Ye Chiu Metal is roughly 47.76 . At present, Ye Chiu's Net Income is projected to increase 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 Ye Chiu by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ye Chiu'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.601388 Current Valuation vs. Competition
Ye Chiu Metal is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is presently estimated at about 28.55 Billion. Ye Chiu totals roughly 6.35 Billion in current valuation claiming about 22% of all equities under Materials industry.
601388 Net Income vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Ye Chiu |
| = | 6.35 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Ye Chiu |
| = | 132.9 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
601388 Net Income Comparison
Ye Chiu is currently under evaluation in net income category among its peers.
Ye Chiu Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ye Chiu, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ye Chiu will eventually generate negative long term returns. The profitability progress is the general direction of Ye Chiu's change in net profit over the period of time. It can combine multiple indicators of Ye Chiu, 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 | 270.6 M | 367.9 M | |
| Income Before Tax | 205 M | 320 M | |
| Net Income Applicable To Common Shares | 438.6 M | 262.6 M | |
| Net Income | 132.9 M | 254.8 M | |
| Income Tax Expense | 148.5 M | 155.9 M | |
| Net Income From Continuing Ops | 132.9 M | 126.3 M | |
| Total Other Income Expense Net | -107.8 M | -102.5 M | |
| Net Interest Income | -39.2 M | -41.1 M | |
| Interest Income | 26.1 M | 17.4 M | |
| Change To Netincome | 37.2 M | 35.3 M |
601388 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ye Chiu. 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 Ye Chiu 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 Ye Chiu's important profitability drivers and their relationship over time.
Use Ye Chiu 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 Ye Chiu 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 Ye Chiu will appreciate offsetting losses from the drop in the long position's value.Ye Chiu Pair Trading
Ye Chiu Metal Pair Trading Analysis
The ability to find closely correlated positions to Ye Chiu could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ye Chiu 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 Ye Chiu - 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 Ye Chiu Metal to buy it.
The correlation of Ye Chiu 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 Ye Chiu moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ye Chiu Metal 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 Ye Chiu 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 Ye Chiu position
In addition to having Ye Chiu 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?
Run Health Management Thematic Idea Now
Health Management
Major hospitals and healthcare providers. The Health Management 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 Health Management Theme or any other thematic opportunities.
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Other Information on Investing in 601388 Stock
To fully project Ye Chiu's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ye Chiu Metal 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 Ye Chiu's income statement, its balance sheet, and the statement of cash flows.