Chison Medical Working Capital vs. Net Income

688358 Stock   28.29  0.05  0.18%   
Taking into consideration Chison Medical's profitability measurements, Chison Medical Technologies 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 Chison Medical's ability to earn profits and add value for shareholders.
For Chison Medical profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Chison Medical to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Chison Medical Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Chison Medical's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Chison Medical Technologies 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 Chison Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chison Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chison Medical'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.

Chison Medical Techn Net Income vs. Working Capital Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Chison Medical's current stock value. Our valuation model uses many indicators to compare Chison Medical value to that of its competitors to determine the firm's financial worth.
Chison Medical Technologies is number one stock in working capital category among its peers. It also is number one stock in net income category among its peers making up about  0.12  of Net Income per Working Capital. The ratio of Working Capital to Net Income for Chison Medical Technologies is roughly  8.21 . At present, Chison Medical'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 Chison Medical by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Chison Medical'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.

Chison Net Income vs. Working Capital

Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Chison Medical

Working Capital

 = 

Current Assets

-

Current Liabilities

 = 
1.2 B
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
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.

Chison Medical

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
146.48 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.

Chison Net Income Comparison

Chison Medical is currently under evaluation in net income category among its peers.

Chison Medical Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Chison Medical, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Chison Medical will eventually generate negative long term returns. The profitability progress is the general direction of Chison Medical's change in net profit over the period of time. It can combine multiple indicators of Chison Medical, 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
Net Interest Income18.2 M19.2 M
Operating Income131 M97.4 M
Net Income From Continuing Ops146.5 M104.4 M
Income Before Tax162.2 M116.3 M
Net Income146.5 M104.4 M
Interest Income19 M19.9 M

Chison Profitability Driver Comparison

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

Use Chison Medical 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 Chison Medical 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 Chison Medical will appreciate offsetting losses from the drop in the long position's value.

Chison Medical Pair Trading

Chison Medical Technologies Pair Trading Analysis

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

In addition to having Chison Medical 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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Corporate Bonds Funds
Corporate Bonds Funds Theme
Funds or Etfs investing in different types of corporate debt instruments. The Corporate Bonds 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 Corporate Bonds Funds Theme or any other thematic opportunities.
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Other Information on Investing in Chison Stock

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