Wang Lee Return On Asset vs. Shares Outstanding
WLGS Stock | 5.35 0.02 0.38% |
Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
---|---|---|---|---|---|---|---|---|---|
Gross Profit Margin | 0.38 | 0.3576 |
|
|
For Wang Lee profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Wang Lee to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Wang Lee Group, utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Wang Lee's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Wang Lee Group, over time as well as its relative position and ranking within its peers.
Wang |
Is Construction & Engineering 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 Wang Lee. If investors know Wang 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 Wang Lee listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.04) | Revenue Per Share 0.478 | Quarterly Revenue Growth 0.846 | Return On Assets (0.06) | Return On Equity (0.30) |
The market value of Wang Lee Group, is measured differently than its book value, which is the value of Wang that is recorded on the company's balance sheet. Investors also form their own opinion of Wang Lee's value that differs from its market value or its book value, called intrinsic value, which is Wang Lee'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 Wang Lee's market value can be influenced by many factors that don't directly affect Wang Lee'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 Wang Lee's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wang Lee is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wang Lee'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.
Wang Lee Group, Shares Outstanding vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Wang Lee's current stock value. Our valuation model uses many indicators to compare Wang Lee value to that of its competitors to determine the firm's financial worth. Wang Lee Group, is rated fifth in return on asset category among its peers. It is rated fifth in shares outstanding category among its peers . Common Stock Shares Outstanding is likely to gain to about 16.5 M in 2024. Comparative valuation analysis is a catch-all technique that is used if you cannot value Wang Lee 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.Wang Shares Outstanding vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Wang Lee |
| = | -0.0647 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Wang Lee |
| = | 15.09 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Wang Shares Outstanding Comparison
Wang Lee is currently under evaluation in shares outstanding category among its peers.
Wang Lee Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Wang Lee, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Wang Lee will eventually generate negative long term returns. The profitability progress is the general direction of Wang Lee's change in net profit over the period of time. It can combine multiple indicators of Wang Lee, 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 | 26.4 K | 27.7 K | |
Net Loss | -537.2 K | -510.3 K | |
Income Tax Expense | 245.4 K | 257.6 K | |
Net Interest Income | -61.6 K | -64.6 K | |
Operating Income | -771.1 K | -732.5 K | |
Net Loss | -648.9 K | -616.4 K | |
Income Before Tax | -648.9 K | -616.4 K | |
Total Other Income Expense Net | 122.2 K | 62.8 K | |
Net Loss | -648.9 K | -616.4 K | |
Change To Netincome | 194.1 K | 203.8 K | |
Net Loss | (0.04) | (0.04) | |
Income Quality | 5.88 | 6.17 | |
Net Income Per E B T | 0.88 | 0.77 |
Wang Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Wang Lee. 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 Wang Lee 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 Wang Lee's important profitability drivers and their relationship over time.
Use Wang Lee 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 Wang Lee 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 Wang Lee will appreciate offsetting losses from the drop in the long position's value.Wang Lee Pair Trading
Wang Lee Group, Pair Trading Analysis
The ability to find closely correlated positions to Wang Lee could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wang Lee 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 Wang Lee - 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 Wang Lee Group, to buy it.
The correlation of Wang Lee 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 Wang Lee moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wang Lee Group, 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 Wang Lee 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 Wang Lee position
In addition to having Wang Lee 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 Computers Thematic Idea Now
Computers
Companies that manufacture and distribute personal and business computers. The Computers theme has 38 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 Computers Theme or any other thematic opportunities.
View All Next | Launch |
Additional Tools for Wang Stock Analysis
When running Wang Lee's price analysis, check to measure Wang Lee'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 Wang Lee is operating at the current time. Most of Wang Lee's value examination focuses on studying past and present price action to predict the probability of Wang Lee's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wang Lee's price. Additionally, you may evaluate how the addition of Wang Lee to your portfolios can decrease your overall portfolio volatility.