World Houseware Net Income vs. Cash Per Share
| WHWRF Stock | USD 0.05 0.00 0.00% |
For World Houseware profitability analysis, we use financial ratios and fundamental drivers that measure the ability of World Houseware to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well World Houseware Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between World Houseware's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of World Houseware Limited over time as well as its relative position and ranking within its peers.
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World Houseware Cash Per Share vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining World Houseware's current stock value. Our valuation model uses many indicators to compare World Houseware value to that of its competitors to determine the firm's financial worth. World Houseware Limited is rated third in net income category among its peers. It is rated second in cash per share category among its peers . The ratio of Net Income to Cash Per Share for World Houseware Limited is about 47,850,000 . 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 World Houseware's earnings, one of the primary drivers of an investment's value.World Cash Per Share 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.
World Houseware |
| = | 44.02 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.
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.
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| = | 0.92 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.
World Cash Per Share Comparison
World Houseware is currently under evaluation in cash per share category among its peers.
World Houseware Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in World Houseware, profitability is also one of the essential criteria for including it into their portfolios because, without profit, World Houseware will eventually generate negative long term returns. The profitability progress is the general direction of World Houseware's change in net profit over the period of time. It can combine multiple indicators of World Houseware, 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.
World Houseware Limited, an investment holding company, manufactures and distributes household products, PVC pipes and fittings, and moulds in the Peoples Republic of China and the United States. World Houseware Limited was founded in 1968 and is headquartered in Kwai Chung, Hong Kong. WORLD HOUSEWARE operates under Building Products Equipment classification in the United States and is traded on PNK Exchange. It employs 625 people.
World Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on World Houseware. 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 World Houseware 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 World Houseware's important profitability drivers and their relationship over time.
Use World Houseware 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 World Houseware 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 World Houseware will appreciate offsetting losses from the drop in the long position's value.World Houseware Pair Trading
World Houseware Limited Pair Trading Analysis
The ability to find closely correlated positions to World Houseware could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace World Houseware 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 World Houseware - 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 World Houseware Limited to buy it.
The correlation of World Houseware 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 World Houseware moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if World Houseware 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 World Houseware 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 World Houseware position
In addition to having World Houseware 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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Robots And Drones
Large technology companies that are involved in development and manufacturing of drones, robots, or robotic equipment across mechanical engineering, electrical engineering, mathematics and computer science fields. Drones and robotics are projected to significantly grow in demand in the next 5 years. The Robots And Drones theme has 42 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 Robots And Drones Theme or any other thematic opportunities.
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Other Information on Investing in World Pink Sheet
To fully project World Houseware's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of World Houseware 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 World Houseware's income statement, its balance sheet, and the statement of cash flows.