Greenland Technologies Total Asset vs. Return On Equity
| GTECWDelisted Stock | USD 0.05 0.03 35.00% |
For Greenland Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Greenland Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Greenland Technologies Holding utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Greenland Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Greenland Technologies Holding over time as well as its relative position and ranking within its peers.
Greenland |
Greenland Technologies Return On Equity vs. Total Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Greenland Technologies's current stock value. Our valuation model uses many indicators to compare Greenland Technologies value to that of its competitors to determine the firm's financial worth. Greenland Technologies Holding is one of the top stocks in total asset category among its peers. It also is one of the top stocks in return on equity category among its peers . The ratio of Total Asset to Return On Equity for Greenland Technologies Holding is about 579,996,358 . 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 Greenland Technologies' earnings, one of the primary drivers of an investment's value.Greenland Return On Equity vs. Total Asset
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Greenland Technologies |
| = | 107.65 M |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Greenland Technologies |
| = | 0.19 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Greenland Return On Equity Comparison
Greenland Technologies is currently under evaluation in return on equity category among its peers.
Greenland Technologies Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Greenland Technologies, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Greenland Technologies will eventually generate negative long term returns. The profitability progress is the general direction of Greenland Technologies' change in net profit over the period of time. It can combine multiple indicators of Greenland Technologies, 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.
Greenland Technologies Holding Corporation, through its subsidiaries, develops and manufactures transmission and drivetrain systems for material handling machineries and electric vehicles, and electric industrial vehicles in the Peoples Republic of China and internationally. The company was founded in 2006 and is based in Hangzhou, the Peoples Republic of China. Greenland Technologies operates under Specialty Industrial Machinery classification in the United States and is traded on OTC Exchange. It employs 328 people.
Greenland Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Greenland Technologies. 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 Greenland Technologies 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 Greenland Technologies' important profitability drivers and their relationship over time.
Use Greenland Technologies 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 Greenland Technologies 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 Greenland Technologies will appreciate offsetting losses from the drop in the long position's value.Greenland Technologies Pair Trading
Greenland Technologies Holding Pair Trading Analysis
The ability to find closely correlated positions to Greenland Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Greenland Technologies 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 Greenland Technologies - 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 Greenland Technologies Holding to buy it.
The correlation of Greenland Technologies 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 Greenland Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Greenland Technologies 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 Greenland Technologies 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 Greenland Technologies position
In addition to having Greenland Technologies 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 Chemicals Thematic Idea Now
Chemicals
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Chemicals theme has 61 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 Chemicals Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Other Consideration for investing in Greenland Pink Sheet
If you are still planning to invest in Greenland Technologies check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Greenland Technologies' history and understand the potential risks before investing.
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