Shenzhen Expressway Cash And Equivalents vs. Cash Per Share
| SHZNF Stock | USD 0.89 0.00 0.00% |
For Shenzhen Expressway profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Shenzhen Expressway to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Shenzhen Expressway utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Shenzhen Expressway's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Shenzhen Expressway over time as well as its relative position and ranking within its peers.
Shenzhen |
Shenzhen Expressway Cash Per Share vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Shenzhen Expressway's current stock value. Our valuation model uses many indicators to compare Shenzhen Expressway value to that of its competitors to determine the firm's financial worth. Shenzhen Expressway is rated third in cash and equivalents category among its peers. It is rated below average in cash per share category among its peers . The ratio of Cash And Equivalents to Cash Per Share for Shenzhen Expressway is about 2,180,887,372 . 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 Shenzhen Expressway's earnings, one of the primary drivers of an investment's value.Shenzhen Cash Per Share vs. Cash And Equivalents
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Shenzhen Expressway |
| = | 6.39 B |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Shenzhen Expressway |
| = | 2.93 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Shenzhen Cash Per Share Comparison
Shenzhen Expressway is currently under evaluation in cash per share category among its peers.
Shenzhen Expressway Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Shenzhen Expressway, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Shenzhen Expressway will eventually generate negative long term returns. The profitability progress is the general direction of Shenzhen Expressway's change in net profit over the period of time. It can combine multiple indicators of Shenzhen Expressway, 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.
Shenzhen Expressway Corporation Limited, together with its subsidiaries, primarily invests in, constructs, operates, and manages toll highways and roads, as well as other urban and transport infrastructure in the Peoples Republic of China. Shenzhen Expressway Corporation Limited is a subsidiary of Shenzhen International Holdings Limited. Shenzhen Express operates under Infrastructure Operations classification in the United States and is traded on OTC Exchange. It employs 7032 people.
Shenzhen Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Shenzhen Expressway. 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 Shenzhen Expressway 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 Shenzhen Expressway's important profitability drivers and their relationship over time.
Use Shenzhen Expressway 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 Shenzhen Expressway 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 Shenzhen Expressway will appreciate offsetting losses from the drop in the long position's value.Shenzhen Expressway Pair Trading
Shenzhen Expressway Pair Trading Analysis
The ability to find closely correlated positions to Shenzhen Expressway could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shenzhen Expressway 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 Shenzhen Expressway - 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 Shenzhen Expressway to buy it.
The correlation of Shenzhen Expressway 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 Shenzhen Expressway moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shenzhen Expressway 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 Shenzhen Expressway 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 Shenzhen Expressway position
In addition to having Shenzhen Expressway 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 Healthcare Thematic Idea Now
Healthcare
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Healthcare 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 Healthcare Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Shenzhen Pink Sheet
To fully project Shenzhen Expressway's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Shenzhen Expressway 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 Shenzhen Expressway's income statement, its balance sheet, and the statement of cash flows.