Sinosteel Luonai Gross Profit vs. Total Debt
| 688119 Stock | 4.25 0.05 1.19% |
Gross Profit | First Reported 2010-12-31 | Previous Quarter 438.4 M | Current Value 411.1 M | Quarterly Volatility 43.1 M |
For Sinosteel Luonai profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sinosteel Luonai to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sinosteel Luonai Materials utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sinosteel Luonai's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sinosteel Luonai Materials over time as well as its relative position and ranking within its peers.
Sinosteel |
Sinosteel Luonai Mat Total Debt vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sinosteel Luonai's current stock value. Our valuation model uses many indicators to compare Sinosteel Luonai value to that of its competitors to determine the firm's financial worth. Sinosteel Luonai Materials is number one stock in gross profit category among its peers. It also is the top company in total debt category among its peers making up about 0.45 of Total Debt per Gross Profit. The ratio of Gross Profit to Total Debt for Sinosteel Luonai Materials is roughly 2.24 . At present, Sinosteel Luonai's Gross Profit 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 Sinosteel Luonai by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Sinosteel Luonai'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.Sinosteel Total Debt vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Sinosteel Luonai |
| = | 569.33 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
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.
Sinosteel Luonai |
| = | 254.26 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.
Sinosteel Total Debt vs Competition
Sinosteel Luonai Materials is the top company in total debt category among its peers. Total debt of Materials industry is presently estimated at about 44.93 Billion. Sinosteel Luonai maintains roughly 254.26 Million in total debt contributing less than 1% to all equities under Materials industry.
Sinosteel Luonai Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sinosteel Luonai, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sinosteel Luonai will eventually generate negative long term returns. The profitability progress is the general direction of Sinosteel Luonai's change in net profit over the period of time. It can combine multiple indicators of Sinosteel Luonai, 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 | -14.6 M | -15.3 M | |
| Interest Income | 23.6 M | 17 M | |
| Operating Income | 110.5 M | 170.4 M | |
| Net Income From Continuing Ops | 79.8 M | 154.8 M | |
| Income Before Tax | 84 M | 162 M | |
| Net Income | 70 M | 66.5 M |
Sinosteel Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sinosteel Luonai. 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 Sinosteel Luonai 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 Sinosteel Luonai's important profitability drivers and their relationship over time.
Use Sinosteel Luonai 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 Sinosteel Luonai 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 Sinosteel Luonai will appreciate offsetting losses from the drop in the long position's value.Sinosteel Luonai Pair Trading
Sinosteel Luonai Materials Pair Trading Analysis
The ability to find closely correlated positions to Sinosteel Luonai could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sinosteel Luonai 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 Sinosteel Luonai - 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 Sinosteel Luonai Materials to buy it.
The correlation of Sinosteel Luonai 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 Sinosteel Luonai moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sinosteel Luonai Mat 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 Sinosteel Luonai 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 Sinosteel Luonai position
In addition to having Sinosteel Luonai 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 Sinosteel Stock
To fully project Sinosteel Luonai's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Sinosteel Luonai Mat 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 Sinosteel Luonai's income statement, its balance sheet, and the statement of cash flows.