China Changjiang Gross Profit vs. Shares Outstanding
CHJI Stock | USD 0.03 0.00 0.00% |
For China Changjiang profitability analysis, we use financial ratios and fundamental drivers that measure the ability of China Changjiang to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well China Changjiang Mining utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between China Changjiang's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of China Changjiang Mining over time as well as its relative position and ranking within its peers.
China |
China Changjiang Mining Shares Outstanding vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining China Changjiang's current stock value. Our valuation model uses many indicators to compare China Changjiang value to that of its competitors to determine the firm's financial worth. China Changjiang Mining is rated below average in gross profit category among its peers. It also is rated below average in shares outstanding category among its peers creating about 8,059 of Shares Outstanding per Gross Profit. Comparative valuation analysis is a catch-all model that can be used if you cannot value China Changjiang by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for China Changjiang's Pink Sheet. 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.China Shares Outstanding 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.
China Changjiang |
| = | 8.02 K |
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.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
China Changjiang |
| = | 64.63 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
China Shares Outstanding Comparison
China Changjiang is currently under evaluation in shares outstanding category among its peers.
China Changjiang Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in China Changjiang, profitability is also one of the essential criteria for including it into their portfolios because, without profit, China Changjiang will eventually generate negative long term returns. The profitability progress is the general direction of China Changjiang's change in net profit over the period of time. It can combine multiple indicators of China Changjiang, 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.
China Changjiang Mining New Energy Company, Ltd. does not have significant operations. The company was incorporated in 1969 and is based in Shanghai, the Peoples Republic of China. China Changjiang is traded on OTC Exchange in the United States.
China Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on China Changjiang. 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 China Changjiang 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 China Changjiang's important profitability drivers and their relationship over time.
Use China Changjiang 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 China Changjiang 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 China Changjiang will appreciate offsetting losses from the drop in the long position's value.China Changjiang Pair Trading
China Changjiang Mining Pair Trading Analysis
The ability to find closely correlated positions to China Changjiang could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace China Changjiang 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 China Changjiang - 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 China Changjiang Mining to buy it.
The correlation of China Changjiang 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 China Changjiang moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if China Changjiang Mining 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 China Changjiang 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 China Changjiang position
In addition to having China Changjiang 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 Compulsion Thematic Idea Now
Compulsion
Companies involved in research, development, and manufacturing of products with compulsion characteristics such as cigarettes, addictive drugs and alcohol. The Compulsion theme has 40 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 Compulsion Theme or any other thematic opportunities.
View All Next | Launch |
Other Information on Investing in China Pink Sheet
To fully project China Changjiang's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of China Changjiang Mining 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 China Changjiang's income statement, its balance sheet, and the statement of cash flows.