Foxx Development Profitability Analysis

FOXXW Stock   0.12  0.08  40.00%   
Based on Foxx Development's profitability indicators, Foxx Development Holdings may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in December. Profitability indicators assess Foxx Development's ability to earn profits and add value for shareholders.
 
Net Loss  
First Reported
2010-12-31
Previous Quarter
-3.4 M
Current Value
-3.3 M
Quarterly Volatility
1.2 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
For Foxx Development profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Foxx Development to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Foxx Development Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Foxx Development's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Foxx Development Holdings over time as well as its relative position and ranking within its peers.
  
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Is Computers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Foxx Development. If investors know Foxx will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Foxx Development listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Foxx Development Holdings is measured differently than its book value, which is the value of Foxx that is recorded on the company's balance sheet. Investors also form their own opinion of Foxx Development's value that differs from its market value or its book value, called intrinsic value, which is Foxx Development's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Foxx Development's market value can be influenced by many factors that don't directly affect Foxx Development's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Foxx Development's value and its price as these two are different measures arrived at by different means. Investors typically determine if Foxx Development is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Foxx Development'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.

Foxx Development Holdings Net Income vs. Revenue Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Foxx Development's current stock value. Our valuation model uses many indicators to compare Foxx Development value to that of its competitors to determine the firm's financial worth.
Foxx Development Holdings is rated as one of the top companies in revenue category among its peers. It also is one of the top stocks in net income category among its peers . At this time, Foxx Development's Total Revenue is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Foxx Development by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Foxx Revenue vs. Competition

Foxx Development Holdings is rated as one of the top companies in revenue category among its peers. Market size based on revenue of Shell Companies industry is currently estimated at about 430.02 Billion. Foxx Development adds roughly 3.23 Million in revenue claiming only tiny portion of equities listed under Shell Companies industry.

Foxx Net Income vs. Revenue

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.

Foxx Development

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
3.23 M
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.
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.

Foxx Development

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
(3.43 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.

Foxx Net Income Comparison

Foxx Development is currently under evaluation in net income category among its peers.

Foxx Development Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Foxx Development, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Foxx Development will eventually generate negative long term returns. The profitability progress is the general direction of Foxx Development's change in net profit over the period of time. It can combine multiple indicators of Foxx Development, 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 Income-278.3 K-264.4 K
Operating Income-3.1 M-3 M
Net Loss-3.4 M-3.3 M
Income Before Tax-3.4 M-3.2 M
Total Other Income Expense Net-4 K-3.8 K
Net Loss-3.4 M-3.3 M

Foxx Profitability Driver Comparison

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

Foxx Development Profitability Trends

Foxx Development profitability trend refers to the progression of profit or loss within a business. An upward trend means that Foxx Development's profit has generally increased over time, and a downward profitability trend means profits are declining. Recognizing problems early in profitability trends allows investors to address revenue and cost issues in advance. Investors and analysts usually monitor three types of profitability trends: gross, operating, and net. Gross profit is the difference between revenue and costs of goods sold. Operating profit is Foxx Development's gross profit minus its overhead. After you account for other unusual revenue, expenses, and costs, you get net profit. Gross profit trends are often a good indicator of future profitability. If you have high gross profit margins, you have a better chance to cover overhead and make money.

Foxx Development Profitability Drivers Correlations

One of the toughest challenges investors face today is learning how to quickly synthesize and read into endless financial statements and information provided by the company, SEC reporting, and various external parties. Understanding the correlation between Foxx Development different financial indicators related to revenue and profit generation helps investors identify and prioritize their investing strategies towards Foxx Development in a much-optimized way. Analyzing correlations between profit drivers that are directly associated with dollar figures is the most effective way to break down Foxx Development's future profitability.

Use Foxx Development 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 Foxx Development 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 Foxx Development will appreciate offsetting losses from the drop in the long position's value.

Foxx Development Pair Trading

Foxx Development Holdings Pair Trading Analysis

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

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Investing Theme
Companies involved in money management and investment banking services. The Investing theme has 45 constituents at this time.
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Additional Tools for Foxx Stock Analysis

When running Foxx Development's price analysis, check to measure Foxx Development'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 Foxx Development is operating at the current time. Most of Foxx Development's value examination focuses on studying past and present price action to predict the probability of Foxx Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Foxx Development's price. Additionally, you may evaluate how the addition of Foxx Development to your portfolios can decrease your overall portfolio volatility.