Mingteng International Profit Margin vs. Short Ratio
| MTEN Stock | 5.96 0.42 7.58% |
Mingteng International Net Profit Margin |
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| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Gross Profit Margin | 0.55 | 0.4074 |
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| Net Profit Margin | 0.34 | 0.1847 |
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| Operating Profit Margin | 0.36 | 0.2136 |
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| Pretax Profit Margin | 0.39 | 0.2269 |
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| Return On Assets | 0.28 | 0.1406 |
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| Return On Equity | 0.19 | 0.2023 |
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For Mingteng International profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Mingteng International to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Mingteng International utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Mingteng International's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Mingteng International over time as well as its relative position and ranking within its peers.
Mingteng |
Is Automotive Parts & Equipment 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 Mingteng International. If investors know Mingteng 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 Mingteng International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.18) | Earnings Share 0.09 | Revenue Per Share 1.749 | Quarterly Revenue Growth 0.267 | Return On Assets 0.0407 |
The market value of Mingteng International is measured differently than its book value, which is the value of Mingteng that is recorded on the company's balance sheet. Investors also form their own opinion of Mingteng International's value that differs from its market value or its book value, called intrinsic value, which is Mingteng International'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 Mingteng International's market value can be influenced by many factors that don't directly affect Mingteng International'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 Mingteng International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mingteng International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mingteng International'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.
Mingteng International Short Ratio vs. Profit Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Mingteng International's current stock value. Our valuation model uses many indicators to compare Mingteng International value to that of its competitors to determine the firm's financial worth. Mingteng International is regarded third in profit margin category among its peers. It is rated below average in short ratio category among its peers fabricating about 0.40 of Short Ratio per Profit Margin. The ratio of Profit Margin to Short Ratio for Mingteng International is roughly 2.48 . At this time, Mingteng International's Net Profit Margin is very stable compared to the past year. 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 Mingteng International's earnings, one of the primary drivers of an investment's value.Mingteng Short Ratio vs. Profit Margin
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Mingteng International |
| = | 0.07 % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Mingteng International |
| = | 0.03 X |
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
Mingteng Short Ratio Comparison
Mingteng International is currently under evaluation in short ratio category among its peers.
Mingteng International Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Mingteng International, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Mingteng International will eventually generate negative long term returns. The profitability progress is the general direction of Mingteng International's change in net profit over the period of time. It can combine multiple indicators of Mingteng International, 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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 83.2 K | 68.7 K | |
| Net Interest Income | -55 K | -57.8 K | |
| Interest Income | 4.5 K | 3.7 K | |
| Operating Income | 1.7 M | 1.8 M | |
| Net Income From Continuing Ops | 1.5 M | 1.6 M | |
| Income Before Tax | 1.9 M | 1.9 M | |
| Total Other Income Expense Net | 108.6 K | 114 K | |
| Net Income | 1.5 M | 1.6 M | |
| Income Tax Expense | 344.6 K | 361.8 K | |
| Net Income Per Share | 0.30 | 0.32 | |
| Income Quality | 0.86 | 0.55 | |
| Net Income Per E B T | 0.81 | 0.96 |
Mingteng Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Mingteng International. 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 Mingteng International 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 Mingteng International's important profitability drivers and their relationship over time.
Use Mingteng International 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 Mingteng International 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 Mingteng International will appreciate offsetting losses from the drop in the long position's value.Mingteng International Pair Trading
Mingteng International Pair Trading Analysis
The ability to find closely correlated positions to Mingteng International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mingteng International 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 Mingteng International - 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 Mingteng International to buy it.
The correlation of Mingteng International 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 Mingteng International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mingteng International 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 Mingteng International 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 Mingteng International position
In addition to having Mingteng International 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 Financials Thematic Idea Now
Financials
Companies that provide financial services to business or retail customers. The Financials theme has 20 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 Financials Theme or any other thematic opportunities.
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Check out Correlation Analysis. To learn how to invest in Mingteng Stock, please use our How to Invest in Mingteng International guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
To fully project Mingteng International's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Mingteng International 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 Mingteng International's income statement, its balance sheet, and the statement of cash flows.