Jinhui Shipping Current Valuation vs. Net Income
| JIN Stock | NOK 6.68 0.30 4.70% |
For Jinhui Shipping profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Jinhui Shipping to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Jinhui Shipping and utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Jinhui Shipping's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Jinhui Shipping and over time as well as its relative position and ranking within its peers.
Jinhui |
Jinhui Shipping Net Income vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Jinhui Shipping's current stock value. Our valuation model uses many indicators to compare Jinhui Shipping value to that of its competitors to determine the firm's financial worth. Jinhui Shipping and is considered the number one company in current valuation category among its peers. It also is currently regarded as number one stock in net income category among its peers making up about 0.14 of Net Income per Current Valuation. The ratio of Current Valuation to Net Income for Jinhui Shipping and is roughly 7.06 . 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 Jinhui Shipping's earnings, one of the primary drivers of an investment's value.Jinhui Current Valuation vs. Competition
Jinhui Shipping and is considered the number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Marine Shipping industry is currently estimated at about 44.14 Billion. Jinhui Shipping holds roughly 1.37 Billion in current valuation claiming about 3% of all equities under Marine Shipping industry.
Jinhui Net Income vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Jinhui Shipping |
| = | 1.37 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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.
Jinhui Shipping |
| = | 194.2 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.
Jinhui Net Income Comparison
Jinhui Shipping is currently under evaluation in net income category among its peers.
Jinhui Shipping Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Jinhui Shipping, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Jinhui Shipping will eventually generate negative long term returns. The profitability progress is the general direction of Jinhui Shipping's change in net profit over the period of time. It can combine multiple indicators of Jinhui Shipping, 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.
Jinhui Shipping and Transportation Limited, an investment holding company, engages in ship chartering and owning activities worldwide. Jinhui Shipping and Transportation Limited is a subsidiary of Jinhui Holdings Company Limited. JINHUI SHIPPING operates under Marine Shipping classification in Norway and is traded on Oslo Stock Exchange. It employs 67 people.
Jinhui Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Jinhui Shipping. 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 Jinhui Shipping 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 Jinhui Shipping's important profitability drivers and their relationship over time.
Use Jinhui Shipping 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 Jinhui Shipping 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 Jinhui Shipping will appreciate offsetting losses from the drop in the long position's value.Jinhui Shipping Pair Trading
Jinhui Shipping and Pair Trading Analysis
The ability to find closely correlated positions to Jinhui Shipping could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Jinhui Shipping 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 Jinhui Shipping - 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 Jinhui Shipping and to buy it.
The correlation of Jinhui Shipping 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 Jinhui Shipping moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jinhui Shipping 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 Jinhui Shipping 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 Jinhui Shipping position
In addition to having Jinhui Shipping 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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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 Cigarettes Theme or any other thematic opportunities.
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Other Information on Investing in Jinhui Stock
To fully project Jinhui Shipping's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Jinhui Shipping 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 Jinhui Shipping's income statement, its balance sheet, and the statement of cash flows.