Shandong Molong Return On Equity vs. Current Valuation
| SHANF Stock | USD 0.23 0.00 0.00% |
For Shandong Molong profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Shandong Molong to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Shandong Molong Petroleum utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Shandong Molong's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Shandong Molong Petroleum over time as well as its relative position and ranking within its peers.
Shandong |
Shandong Molong Petroleum Current Valuation vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Shandong Molong's current stock value. Our valuation model uses many indicators to compare Shandong Molong value to that of its competitors to determine the firm's financial worth. Shandong Molong Petroleum is currently regarded as top stock in return on equity category among its peers. It also is currently regarded number one company in current valuation category among its peers . 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 Shandong Molong's earnings, one of the primary drivers of an investment's value.Shandong Current Valuation vs. Return On Equity
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.
Shandong Molong |
| = | -0.41 |
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.
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.
Shandong Molong |
| = | 690.77 M |
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.
Shandong Current Valuation vs Competition
Shandong Molong Petroleum is currently regarded number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Oil & Gas Equipment & Services industry is at this time estimated at about 9.2 Billion. Shandong Molong holds roughly 690.77 Million in current valuation claiming about 8% of all equities under Oil & Gas Equipment & Services industry.
Shandong Molong Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Shandong Molong, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Shandong Molong will eventually generate negative long term returns. The profitability progress is the general direction of Shandong Molong's change in net profit over the period of time. It can combine multiple indicators of Shandong Molong, 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.
Shandong Molong Petroleum Machinery Company Limited engages in the design, research and development, production, and sale of products for the energy equipment industry in the Peoples Republic of China. Shandong Molong Petroleum Machinery Company Limited was founded in 2001 and is based in Shouguang City, China. Shandong Molomg operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange.
Shandong Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Shandong Molong. 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 Shandong Molong 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 Shandong Molong's important profitability drivers and their relationship over time.
Use Shandong Molong 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 Shandong Molong 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 Shandong Molong will appreciate offsetting losses from the drop in the long position's value.Shandong Molong Pair Trading
Shandong Molong Petroleum Pair Trading Analysis
The ability to find closely correlated positions to Shandong Molong could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shandong Molong 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 Shandong Molong - 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 Shandong Molong Petroleum to buy it.
The correlation of Shandong Molong 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 Shandong Molong moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shandong Molong Petroleum 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 Shandong Molong 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 Shandong Molong position
In addition to having Shandong Molong 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 Shandong Pink Sheet
To fully project Shandong Molong's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Shandong Molong Petroleum 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 Shandong Molong's income statement, its balance sheet, and the statement of cash flows.