Zhibao Pretax Profit Margin from 2010 to 2024

ZBAO Stock   2.53  0.07  2.85%   
Zhibao Technology Pretax Profit Margin yearly trend continues to be very stable with very little volatility. Pretax Profit Margin is likely to grow to 0.05 this year. During the period from 2010 to 2024, Zhibao Technology Pretax Profit Margin quarterly data regression pattern had sample variance of  0.0004 and median of  0.08. View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.027
Current Value
0.0477
Quarterly Volatility
0.02032838
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Zhibao Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Zhibao Technology's main balance sheet or income statement drivers, such as Tax Provision of 5.8 M, Depreciation And Amortization of 2.7 M or Interest Expense of 794.7 K, as well as many indicators such as Price To Sales Ratio of 10.67, Dividend Yield of 0.0 or PTB Ratio of 25.03. Zhibao financial statements analysis is a perfect complement when working with Zhibao Technology Valuation or Volatility modules.
  
Check out the analysis of Zhibao Technology Correlation against competitors.

Latest Zhibao Technology's Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of Zhibao Technology Class over the last few years. It is Zhibao Technology's Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Zhibao Technology's overall financial position and show how it may be relating to other accounts over time.
Pretax Profit Margin10 Years Trend
Slightly volatile
   Pretax Profit Margin   
       Timeline  

Zhibao Pretax Profit Margin Regression Statistics

Arithmetic Mean0.06
Geometric Mean0.06
Coefficient Of Variation31.78
Mean Deviation0.02
Median0.08
Standard Deviation0.02
Sample Variance0.0004
Range0.052
R-Value(0.72)
Mean Square Error0.0002
R-Squared0.52
Significance0
Slope(0)
Total Sum of Squares0.01

Zhibao Pretax Profit Margin History

2024 0.0477
2023 0.027
2022 0.0235
2021 0.0313

About Zhibao Technology Financial Statements

Zhibao Technology investors utilize fundamental indicators, such as Pretax Profit Margin, to predict how Zhibao Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.03  0.05 

Pair Trading with Zhibao Technology

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 Zhibao 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 Zhibao Technology will appreciate offsetting losses from the drop in the long position's value.

Moving together with Zhibao Stock

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Moving against Zhibao Stock

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The ability to find closely correlated positions to Zhibao 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 Zhibao 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 Zhibao 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 Zhibao Technology Class to buy it.
The correlation of Zhibao 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 Zhibao Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zhibao Technology Class 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 Zhibao 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.
Pair CorrelationCorrelation Matching
When determining whether Zhibao Technology Class offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Zhibao Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Zhibao Technology Class Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zhibao Technology Class Stock:
Check out the analysis of Zhibao Technology Correlation against competitors.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Insurance Brokers 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 Zhibao Technology. If investors know Zhibao 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 Zhibao 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
(0.27)
Revenue Per Share
12.565
Quarterly Revenue Growth
(0.08)
Return On Assets
(0.13)
Return On Equity
(2.75)
The market value of Zhibao Technology Class is measured differently than its book value, which is the value of Zhibao that is recorded on the company's balance sheet. Investors also form their own opinion of Zhibao Technology's value that differs from its market value or its book value, called intrinsic value, which is Zhibao 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 Zhibao Technology's market value can be influenced by many factors that don't directly affect Zhibao 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 Zhibao Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zhibao Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zhibao 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.