Zhengzhou Coal Net Income vs. Shares Outstanding

601717 Stock   13.20  0.11  0.84%   
Taking into consideration Zhengzhou Coal's profitability measurements, Zhengzhou Coal Mining 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 Zhengzhou Coal's ability to earn profits and add value for shareholders.
 
Net Income  
First Reported
2019-03-31
Previous Quarter
1.1 B
Current Value
897.2 M
Quarterly Volatility
310.2 M
 
Covid
For Zhengzhou Coal profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Zhengzhou Coal to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Zhengzhou Coal Mining utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Zhengzhou Coal's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Zhengzhou Coal Mining 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 Zhengzhou Coal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zhengzhou Coal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zhengzhou Coal'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.

Zhengzhou Coal Mining Shares Outstanding vs. Net Income Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Zhengzhou Coal's current stock value. Our valuation model uses many indicators to compare Zhengzhou Coal value to that of its competitors to determine the firm's financial worth.
Zhengzhou Coal Mining is rated fourth in net income category among its peers. It also is rated fourth in shares outstanding category among its peers creating about  0.47  of Shares Outstanding per Net Income. The ratio of Net Income to Shares Outstanding for Zhengzhou Coal Mining is roughly  2.12 . At present, Zhengzhou Coal'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 Zhengzhou Coal by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Zhengzhou Coal'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.

Zhengzhou Shares Outstanding vs. Net Income

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.

Zhengzhou Coal

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
3.27 B
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.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Zhengzhou Coal

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
1.54 B
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

Zhengzhou Shares Outstanding Comparison

Zhengzhou Coal is currently under evaluation in shares outstanding category among its peers.

Zhengzhou Coal Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Zhengzhou Coal, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Zhengzhou Coal will eventually generate negative long term returns. The profitability progress is the general direction of Zhengzhou Coal's change in net profit over the period of time. It can combine multiple indicators of Zhengzhou Coal, 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
Operating Income4.2 B4.4 B
Income Before Tax4.1 B4.3 B
Net Income Applicable To Common Shares2.2 B2.3 B
Net Income3.3 B3.4 B
Income Tax Expense531.4 M558 M
Net Interest Income-246.7 M-259.1 M
Interest Income126.8 M77.8 M
Net Income From Continuing Ops3.5 B3.6 B
Change To Netincome357.9 M412.2 M

Zhengzhou Profitability Driver Comparison

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

Use Zhengzhou Coal 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 Zhengzhou Coal 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 Zhengzhou Coal will appreciate offsetting losses from the drop in the long position's value.

Zhengzhou Coal Pair Trading

Zhengzhou Coal Mining Pair Trading Analysis

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

In addition to having Zhengzhou Coal 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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FinTech
FinTech Theme
High long term potential financial entities that are ranging from payment processing, investment management to commercial and investment banking. The FinTech theme has 81 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 FinTech Theme or any other thematic opportunities.
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Other Information on Investing in Zhengzhou Stock

To fully project Zhengzhou Coal's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Zhengzhou Coal Mining 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 Zhengzhou Coal's income statement, its balance sheet, and the statement of cash flows.
Potential Zhengzhou Coal investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Zhengzhou Coal investors may work on each financial statement separately, they are all related. The changes in Zhengzhou Coal's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Zhengzhou Coal'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.