Hisense Home Gross Profit vs. Net Income
GKE Stock | EUR 2.76 0.11 3.83% |
For Hisense Home profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hisense Home to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hisense Home Appliances utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hisense Home's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hisense Home Appliances over time as well as its relative position and ranking within its peers.
Hisense |
Hisense Home Appliances Net Income vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hisense Home's current stock value. Our valuation model uses many indicators to compare Hisense Home value to that of its competitors to determine the firm's financial worth. Hisense Home Appliances is one of the top stocks in gross profit category among its peers. It also is one of the top stocks in net income category among its peers making up about 0.07 of Net Income per Gross Profit. The ratio of Gross Profit to Net Income for Hisense Home Appliances is roughly 13.63 . 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 Hisense Home's earnings, one of the primary drivers of an investment's value.Hisense Net Income 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.
Hisense Home |
| = | 13.26 B |
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.
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.
Hisense Home |
| = | 972.58 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.
Hisense Net Income Comparison
Hisense Home is currently under evaluation in net income category among its peers.
Hisense Home Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hisense Home, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hisense Home will eventually generate negative long term returns. The profitability progress is the general direction of Hisense Home's change in net profit over the period of time. It can combine multiple indicators of Hisense Home, 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.
Hisense Home Appliances Group Co., Ltd. manufactures and sells white household electrical appliances under the Hisense, Kelon, and Ronshen brands in the Peoples Republic of China and internationally. Hisense Home Appliances Group Co., Ltd. was founded in 1984 and is headquartered in Foshan, the Peoples Republic of China. HISENSE HOME operates under Home Furnishings Fixtures classification in Germany and is traded on Frankfurt Stock Exchange. It employs 32858 people.
Hisense Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hisense Home. 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 Hisense Home 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 Hisense Home's important profitability drivers and their relationship over time.
Use Hisense Home 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 Hisense Home 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 Hisense Home will appreciate offsetting losses from the drop in the long position's value.Hisense Home Pair Trading
Hisense Home Appliances Pair Trading Analysis
The ability to find closely correlated positions to Hisense Home could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hisense Home 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 Hisense Home - 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 Hisense Home Appliances to buy it.
The correlation of Hisense Home 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 Hisense Home moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hisense Home Appliances 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 Hisense Home 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 Hisense Home position
In addition to having Hisense Home 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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Other Information on Investing in Hisense Stock
To fully project Hisense Home's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hisense Home Appliances 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 Hisense Home's income statement, its balance sheet, and the statement of cash flows.