Chai Watana Gross Profit vs. Cash Per Share

CWT Stock  THB 1.02  0.02  1.92%   
Based on the key profitability measurements obtained from Chai Watana's financial statements, Chai Watana Tannery may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Chai Watana's ability to earn profits and add value for shareholders.
For Chai Watana profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Chai Watana to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Chai Watana Tannery utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Chai Watana's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Chai Watana Tannery 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 Chai Watana's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chai Watana is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chai Watana'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.

Chai Watana Tannery Cash Per Share vs. Gross Profit Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Chai Watana's current stock value. Our valuation model uses many indicators to compare Chai Watana value to that of its competitors to determine the firm's financial worth.
Chai Watana Tannery is number one stock in gross profit category among its peers. It also is number one stock in cash per share category among its peers . The ratio of Gross Profit to Cash Per Share for Chai Watana Tannery is about  6,517,260,257 . 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 Chai Watana's earnings, one of the primary drivers of an investment's value.

Chai Cash Per Share 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.

Chai Watana

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
456.21 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.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Chai Watana

Cash Per Share

 = 

Total Cash

Average Shares

 = 
0.07 X
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.

Chai Cash Per Share Comparison

Chai Watana is currently under evaluation in cash per share category among its peers.

Chai Watana Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Chai Watana, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Chai Watana will eventually generate negative long term returns. The profitability progress is the general direction of Chai Watana's change in net profit over the period of time. It can combine multiple indicators of Chai Watana, 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.
Chai Watana Tannery Group Public Company Limited manufactures and exports leather finished products. Chai Watana Tannery Group Public Company Limited was founded in 1972 and is based in Muang, Thailand. CHAI WATANA operates under Auto Parts classification in Thailand and is traded on Stock Exchange of Thailand.

Chai Profitability Driver Comparison

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

Use Chai Watana 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 Chai Watana 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 Chai Watana will appreciate offsetting losses from the drop in the long position's value.

Chai Watana Pair Trading

Chai Watana Tannery Pair Trading Analysis

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

In addition to having Chai Watana 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.

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Soft Drinks
Soft Drinks Theme
Entities manufacturing and distributing non alcoholic beverages across different markets. The Soft Drinks theme has 48 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 Soft Drinks Theme or any other thematic opportunities.
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Other Information on Investing in Chai Stock

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