San Neng Net Income vs. Total Debt
Considering the key profitability indicators obtained from San Neng's historical financial statements, San Neng Group may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in December. Profitability indicators assess San Neng's ability to earn profits and add value for shareholders.
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Please note, there is a significant difference between San Neng's value and its price as these two are different measures arrived at by different means. Investors typically determine if San Neng is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, San Neng'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.
For San Neng profitability analysis, we use financial ratios and fundamental drivers that measure the ability of San Neng to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well San Neng Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between San Neng's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of San Neng Group over time as well as its relative position and ranking within its peers.
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San Neng Group Total Debt vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining San Neng's current stock value. Our valuation model uses many indicators to compare San Neng value to that of its competitors to determine the firm's financial worth. San Neng Group is number one stock in net income category among its peers. It also is the top company in total debt category among its peers making up about 0.53 of Total Debt per Net Income. The ratio of Net Income to Total Debt for San Neng Group is roughly 1.87 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the San Neng's earnings, one of the primary drivers of an investment's value.San Total Debt 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.
San Neng |
| = | 212.79 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.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
San Neng |
| = | 113.75 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
San Total Debt vs Competition
San Neng Group is the top company in total debt category among its peers. Total debt of Household & Personal Products industry is presently estimated at about 1.42 Billion. San Neng holds roughly 113.75 Million in total debt claiming about 8% of equities under Household & Personal Products industry.
San Neng Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in San Neng, profitability is also one of the essential criteria for including it into their portfolios because, without profit, San Neng will eventually generate negative long term returns. The profitability progress is the general direction of San Neng's change in net profit over the period of time. It can combine multiple indicators of San Neng, 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.
San Neng Group Holdings Co., Ltd., through its subsidiaries, engages in the research, development, production, and sale of baking equipment and peripheral products in Taiwan, Mainland China, Japan, and internationally. San Neng Group Holdings Co., Ltd. was founded in 2015 and is headquartered in Grand Cayman, the Cayman Islands. SAN NENG is traded on Taiwan Stock Exchange in Taiwan.
San Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on San Neng. 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 San Neng 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 San Neng's important profitability drivers and their relationship over time.
Use San Neng 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 San Neng 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 San Neng will appreciate offsetting losses from the drop in the long position's value.San Neng Pair Trading
San Neng Group Pair Trading Analysis
The ability to find closely correlated positions to San Neng could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace San Neng 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 San Neng - 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 San Neng Group to buy it.
The correlation of San Neng 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 San Neng moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if San Neng Group 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 San Neng 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 San Neng position
In addition to having San Neng 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 Long Short Funds Thematic Idea Now
Long Short Funds
Funds or Etfs that are designed to hedge away market risk by investing in combination of bonds, stocks, derivative instruments as well as short positions to maximize returns irrespective of market conditions. The Long Short Funds theme has 46 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 Long Short Funds Theme or any other thematic opportunities.
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Additional Tools for San Stock Analysis
When running San Neng's price analysis, check to measure San Neng's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy San Neng is operating at the current time. Most of San Neng's value examination focuses on studying past and present price action to predict the probability of San Neng's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move San Neng's price. Additionally, you may evaluate how the addition of San Neng to your portfolios can decrease your overall portfolio volatility.