Jiangsu Xinri Current Valuation vs. Price To Book
| 603787 Stock | 11.13 0.19 1.68% |
For Jiangsu Xinri profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Jiangsu Xinri to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Jiangsu Xinri E Vehicle utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Jiangsu Xinri's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Jiangsu Xinri E Vehicle over time as well as its relative position and ranking within its peers.
Jiangsu |
Jiangsu Xinri E Price To Book vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Jiangsu Xinri's current stock value. Our valuation model uses many indicators to compare Jiangsu Xinri value to that of its competitors to determine the firm's financial worth. Jiangsu Xinri E Vehicle is the top company in current valuation category among its peers. It also is number one stock in price to book category among its peers . The ratio of Current Valuation to Price To Book for Jiangsu Xinri E Vehicle is about 943,376,259 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Jiangsu Xinri by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Jiangsu Xinri'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.Jiangsu Current Valuation vs. Competition
Jiangsu Xinri E Vehicle is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Consumer Discretionary industry is presently estimated at about 72.9 Billion. Jiangsu Xinri holds roughly 1.54 Billion in current valuation claiming about 2.11% of stocks in Consumer Discretionary industry.
Jiangsu Price To Book 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.
Jiangsu Xinri |
| = | 1.54 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.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Jiangsu Xinri |
| = | 1.63 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Jiangsu Price To Book Comparison
Jiangsu Xinri is currently under evaluation in price to book category among its peers.
Jiangsu Xinri Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Jiangsu Xinri, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Jiangsu Xinri will eventually generate negative long term returns. The profitability progress is the general direction of Jiangsu Xinri's change in net profit over the period of time. It can combine multiple indicators of Jiangsu Xinri, 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 | ||
| Net Interest Income | 37.7 M | 25.1 M | |
| Interest Income | 39.1 M | 26.6 M | |
| Operating Income | 78.5 M | 72.1 M | |
| Net Income From Continuing Ops | 87.8 M | 92.3 M | |
| Income Before Tax | 93.9 M | 102.2 M | |
| Net Income Applicable To Common Shares | 186.5 M | 195.8 M | |
| Net Income | 88 M | 92.4 M | |
| Income Tax Expense | 16.7 M | 17.6 M | |
| Change To Netincome | 1.8 M | 1.9 M |
Jiangsu Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Jiangsu Xinri. 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 Jiangsu Xinri 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 Jiangsu Xinri's important profitability drivers and their relationship over time.
Use Jiangsu Xinri 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 Jiangsu Xinri 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 Jiangsu Xinri will appreciate offsetting losses from the drop in the long position's value.Jiangsu Xinri Pair Trading
Jiangsu Xinri E Vehicle Pair Trading Analysis
The ability to find closely correlated positions to Jiangsu Xinri could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Jiangsu Xinri 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 Jiangsu Xinri - 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 Jiangsu Xinri E Vehicle to buy it.
The correlation of Jiangsu Xinri 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 Jiangsu Xinri moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jiangsu Xinri E 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 Jiangsu Xinri 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 Jiangsu Xinri position
In addition to having Jiangsu Xinri 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?
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Other Information on Investing in Jiangsu Stock
To fully project Jiangsu Xinri's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Jiangsu Xinri E 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 Jiangsu Xinri's income statement, its balance sheet, and the statement of cash flows.