Thinkingdom Media Net Income vs. Return On Asset

603096 Stock   20.78  0.08  0.38%   
Based on the key profitability measurements obtained from Thinkingdom Media's financial statements, Thinkingdom Media Group may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Thinkingdom Media's ability to earn profits and add value for shareholders.
 
Net Income  
First Reported
2019-03-31
Previous Quarter
42.5 M
Current Value
35.9 M
Quarterly Volatility
16.8 M
 
Covid
For Thinkingdom Media profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Thinkingdom Media to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Thinkingdom Media Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Thinkingdom Media's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Thinkingdom Media Group 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 Thinkingdom Media's value and its price as these two are different measures arrived at by different means. Investors typically determine if Thinkingdom Media is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thinkingdom Media'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.

Thinkingdom Media Return On Asset vs. Net Income Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Thinkingdom Media's current stock value. Our valuation model uses many indicators to compare Thinkingdom Media value to that of its competitors to determine the firm's financial worth.
Thinkingdom Media Group is number one stock in net income category among its peers. It is rated fourth in return on asset category among its peers . The ratio of Net Income to Return On Asset for Thinkingdom Media Group is about  3,168,381,921 . At present, Thinkingdom Media'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 Thinkingdom Media by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Thinkingdom Media'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.

Thinkingdom Return On Asset 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.

Thinkingdom Media

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
160 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.
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.

Thinkingdom Media

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0505
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.

Thinkingdom Return On Asset Comparison

Thinkingdom Media is currently under evaluation in return on asset category among its peers.

Thinkingdom Media Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Thinkingdom Media, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Thinkingdom Media will eventually generate negative long term returns. The profitability progress is the general direction of Thinkingdom Media's change in net profit over the period of time. It can combine multiple indicators of Thinkingdom Media, 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 Income189.5 M213.8 M
Income Before Tax211.2 M231.4 M
Income Tax Expense69.3 M58.9 M
Net Income Applicable To Common Shares123.3 M148.3 M
Net Interest Income600.7 K570.7 K
Interest Income2.1 MM
Net Income From Continuing Ops162.5 M154.7 M
Net Income160 M151.3 M
Change To Netincome2.2 M2.3 M

Thinkingdom Profitability Driver Comparison

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

Use Thinkingdom Media 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 Thinkingdom Media 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 Thinkingdom Media will appreciate offsetting losses from the drop in the long position's value.

Thinkingdom Media Pair Trading

Thinkingdom Media Group Pair Trading Analysis

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

In addition to having Thinkingdom Media 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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Other Information on Investing in Thinkingdom Stock

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