First Tractor Cash Per Share vs. Revenue
| FIRRY Stock | USD 12.35 0.00 0.00% |
For First Tractor profitability analysis, we use financial ratios and fundamental drivers that measure the ability of First Tractor to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well First Tractor Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between First Tractor's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of First Tractor Co over time as well as its relative position and ranking within its peers.
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First Tractor Revenue vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining First Tractor's current stock value. Our valuation model uses many indicators to compare First Tractor value to that of its competitors to determine the firm's financial worth. First Tractor Co is one of the top stocks in cash per share category among its peers. It is rated # 3 in revenue category among its peers totaling about 215,760,673 of Revenue per Cash Per Share. Comparative valuation analysis is a catch-all model that can be used if you cannot value First Tractor by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for First Tractor'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.First Revenue vs. Cash Per Share
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.
First Tractor |
| = | 43.23 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.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
First Tractor |
| = | 9.33 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
First Revenue vs Competition
First Tractor Co is rated # 3 in revenue category among its peers. Market size based on revenue of Farm & Heavy Construction Machinery industry is currently estimated at about 29.92 Billion. First Tractor totals roughly 9.33 Billion in revenue claiming about 31% of equities under Farm & Heavy Construction Machinery industry.
First Tractor Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in First Tractor, profitability is also one of the essential criteria for including it into their portfolios because, without profit, First Tractor will eventually generate negative long term returns. The profitability progress is the general direction of First Tractor's change in net profit over the period of time. It can combine multiple indicators of First Tractor, 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.
First Tractor Company Limited engages in the research and development, manufacture, and sale of agricultural and power machinery, and related spare parts worldwide. First Tractor Company Limited was founded in 1955 and is based in Luoyang, China. First Tractor operates under Farm Heavy Construction Machinery classification in the United States and is traded on OTC Exchange. It employs 7435 people.
First Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on First Tractor. 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 First Tractor 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 First Tractor's important profitability drivers and their relationship over time.
Use First Tractor 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 First Tractor 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 First Tractor will appreciate offsetting losses from the drop in the long position's value.First Tractor Pair Trading
First Tractor Co Pair Trading Analysis
The ability to find closely correlated positions to First Tractor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Tractor 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 First Tractor - 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 First Tractor Co to buy it.
The correlation of First Tractor 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 First Tractor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Tractor 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 First Tractor 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 First Tractor position
In addition to having First Tractor 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 Money Market Funds Thematic Idea Now
Money Market Funds
Funds or Etfs investing in various types of short-term (less than one year) fixed income instruments of high-quality and liquidity. The Money Market Funds theme has 38 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 Money Market Funds Theme or any other thematic opportunities.
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Additional Tools for First Pink Sheet Analysis
When running First Tractor's price analysis, check to measure First Tractor'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 First Tractor is operating at the current time. Most of First Tractor's value examination focuses on studying past and present price action to predict the probability of First Tractor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Tractor's price. Additionally, you may evaluate how the addition of First Tractor to your portfolios can decrease your overall portfolio volatility.