Solarmax Technology Net Income vs. Operating Margin
| SMXT Stock | 1.13 0.03 2.73% |
Net Income | First Reported 2010-12-31 | Previous Quarter 434.8 K | Current Value 456.5 K | Quarterly Volatility 5.9 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.12 | 0.2059 |
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For Solarmax Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Solarmax Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Solarmax Technology Common utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Solarmax Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Solarmax Technology Common over time as well as its relative position and ranking within its peers.
Solarmax |
Is Electrical Components & 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 Solarmax Technology. If investors know Solarmax 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 Solarmax Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.71) | Revenue Per Share 0.886 | Quarterly Revenue Growth (0.70) | Return On Assets (0.22) |
The market value of Solarmax Technology is measured differently than its book value, which is the value of Solarmax that is recorded on the company's balance sheet. Investors also form their own opinion of Solarmax Technology's value that differs from its market value or its book value, called intrinsic value, which is Solarmax Technology'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 Solarmax Technology's market value can be influenced by many factors that don't directly affect Solarmax Technology'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 Solarmax Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Solarmax Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Solarmax Technology'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.
Solarmax Technology Operating Margin vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Solarmax Technology's current stock value. Our valuation model uses many indicators to compare Solarmax Technology value to that of its competitors to determine the firm's financial worth. Solarmax Technology Common is rated below average in net income category among its peers. It is rated below average in operating margin category among its peers . At this time, Solarmax Technology's Net Income is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Solarmax Technology by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Solarmax Operating Margin vs. Net Income
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.
Solarmax Technology |
| = | 434.79 K |
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.
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Solarmax Technology |
| = | (0.54) % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Solarmax Operating Margin Comparison
Solarmax Technology is currently under evaluation in operating margin category among its peers.
Solarmax Technology Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Solarmax Technology, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Solarmax Technology will eventually generate negative long term returns. The profitability progress is the general direction of Solarmax Technology's change in net profit over the period of time. It can combine multiple indicators of Solarmax Technology, 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 | -1.3 M | -1.3 M | |
| Operating Income | 483.9 K | 508 K | |
| Income Before Tax | 370.6 K | 389.1 K | |
| Total Other Income Expense Net | -113.3 K | -118.9 K | |
| Net Income | 434.8 K | 456.5 K | |
| Income Tax Expense | -64.2 K | -61 K | |
| Net Interest Income | -1.5 M | -1.6 M | |
| Interest Income | 68.9 K | 87.4 K | |
| Net Income From Continuing Ops | 434.8 K | 456.5 K | |
| Net Income Per Share | 0.01 | 0.01 | |
| Income Quality | 8.77 | 9.21 | |
| Net Income Per E B T | 1.17 | 0.74 |
Solarmax Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Solarmax Technology. 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 Solarmax Technology 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 Solarmax Technology's important profitability drivers and their relationship over time.
Use Solarmax Technology 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 Solarmax Technology 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 Solarmax Technology will appreciate offsetting losses from the drop in the long position's value.Solarmax Technology Pair Trading
Solarmax Technology Common Pair Trading Analysis
The ability to find closely correlated positions to Solarmax Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Solarmax Technology 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 Solarmax Technology - 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 Solarmax Technology Common to buy it.
The correlation of Solarmax Technology 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 Solarmax Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Solarmax Technology 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 Solarmax Technology 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 Solarmax Technology position
In addition to having Solarmax Technology 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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Additional Tools for Solarmax Stock Analysis
When running Solarmax Technology's price analysis, check to measure Solarmax Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Solarmax Technology is operating at the current time. Most of Solarmax Technology's value examination focuses on studying past and present price action to predict the probability of Solarmax Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solarmax Technology's price. Additionally, you may evaluate how the addition of Solarmax Technology to your portfolios can decrease your overall portfolio volatility.