WiMi Hologram Gross Profit vs. Price To Sales
WIMI Stock | USD 0.83 0.04 5.06% |
Gross Profit | First Reported 2018-03-31 | Previous Quarter 46.4 M | Current Value 90.8 M | Quarterly Volatility 35 M |
Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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Gross Profit Margin | 0.43 | 0.2967 |
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For WiMi Hologram profitability analysis, we use financial ratios and fundamental drivers that measure the ability of WiMi Hologram to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well WiMi Hologram Cloud utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between WiMi Hologram's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of WiMi Hologram Cloud over time as well as its relative position and ranking within its peers.
WiMi |
Is Movies & Entertainment 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 WiMi Hologram. If investors know WiMi 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 WiMi Hologram 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 (0.80) | Earnings Share (0.65) | Revenue Per Share 6.558 | Quarterly Revenue Growth 0.098 | Return On Assets (0.09) |
The market value of WiMi Hologram Cloud is measured differently than its book value, which is the value of WiMi that is recorded on the company's balance sheet. Investors also form their own opinion of WiMi Hologram's value that differs from its market value or its book value, called intrinsic value, which is WiMi Hologram'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 WiMi Hologram's market value can be influenced by many factors that don't directly affect WiMi Hologram'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 WiMi Hologram's value and its price as these two are different measures arrived at by different means. Investors typically determine if WiMi Hologram is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WiMi Hologram'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.
WiMi Hologram Cloud Price To Sales vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining WiMi Hologram's current stock value. Our valuation model uses many indicators to compare WiMi Hologram value to that of its competitors to determine the firm's financial worth. WiMi Hologram Cloud is rated first in gross profit category among its peers. It is rated below average in price to sales category among its peers . The ratio of Gross Profit to Price To Sales for WiMi Hologram Cloud is about 1,872,225,709 . As of now, WiMi Hologram's Gross Profit is increasing as compared to previous years. 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 WiMi Hologram's earnings, one of the primary drivers of an investment's value.WiMi Price To Sales vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
WiMi Hologram |
| = | 249.57 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
WiMi Hologram |
| = | 0.13 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
WiMi Price To Sales Comparison
WiMi Hologram is currently under evaluation in price to sales category among its peers.
WiMi Hologram Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in WiMi Hologram, profitability is also one of the essential criteria for including it into their portfolios because, without profit, WiMi Hologram will eventually generate negative long term returns. The profitability progress is the general direction of WiMi Hologram's change in net profit over the period of time. It can combine multiple indicators of WiMi Hologram, 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 | 59.5 M | 62.4 M | |
Net Interest Income | 12.7 M | 13.3 M | |
Interest Income | 13.7 M | 14.4 M | |
Operating Income | -617.1 M | -586.2 M | |
Net Loss | -510.4 M | -484.8 M | |
Income Before Tax | -512.9 M | -487.2 M | |
Total Other Income Expense Net | 104.2 M | 109.4 M | |
Net Loss | -212.4 M | -201.8 M | |
Net Loss | -510.4 M | -484.8 M | |
Income Tax Expense | -2.5 M | -2.4 M | |
Change To Netincome | 130.6 M | 103.6 M | |
Net Loss | (4.83) | (4.59) | |
Income Quality | (0.17) | (0.16) | |
Net Income Per E B T | 0.82 | 1.06 |
WiMi Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on WiMi Hologram. 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 WiMi Hologram 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 WiMi Hologram's important profitability drivers and their relationship over time.
Use WiMi Hologram 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 WiMi Hologram 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 WiMi Hologram will appreciate offsetting losses from the drop in the long position's value.WiMi Hologram Pair Trading
WiMi Hologram Cloud Pair Trading Analysis
The ability to find closely correlated positions to WiMi Hologram could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace WiMi Hologram 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 WiMi Hologram - 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 WiMi Hologram Cloud to buy it.
The correlation of WiMi Hologram 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 WiMi Hologram moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WiMi Hologram Cloud 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 WiMi Hologram 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 WiMi Hologram position
In addition to having WiMi Hologram 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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To fully project WiMi Hologram's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of WiMi Hologram Cloud 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 WiMi Hologram's income statement, its balance sheet, and the statement of cash flows.