Hi Clearance Stock Gross Profit
| 1788 Stock | TWD 139.00 1.00 0.71% |
Hi Clearance fundamentals help investors to digest information that contributes to Hi Clearance's financial success or failures. It also enables traders to predict the movement of 1788 Stock. The fundamental analysis module provides a way to measure Hi Clearance's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hi Clearance stock.
1788 |
Hi Clearance Company Gross Profit Analysis
Hi Clearance's 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.
Current Hi Clearance Gross Profit | 968.97 M |
Most of Hi Clearance's fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hi Clearance is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
According to the company disclosure, Hi Clearance reported 968.97 M of gross profit. This is 56.8% lower than that of the Healthcare sector and 39.9% lower than that of the Medical Devices industry. The gross profit for all Taiwan stocks is 96.46% higher than that of the company.
1788 Gross Profit Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hi Clearance's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hi Clearance could also be used in its relative valuation, which is a method of valuing Hi Clearance by comparing valuation metrics of similar companies.Hi Clearance is currently under evaluation in gross profit category among its peers.
1788 Fundamentals
| Return On Equity | 0.16 | |||
| Return On Asset | 0.0641 | |||
| Profit Margin | 0.08 % | |||
| Operating Margin | 0.1 % | |||
| Current Valuation | 6.68 B | |||
| Shares Outstanding | 40.52 M | |||
| Shares Owned By Insiders | 40.85 % | |||
| Shares Owned By Institutions | 10.51 % | |||
| Price To Book | 2.49 X | |||
| Price To Sales | 1.26 X | |||
| Revenue | 3.68 B | |||
| Gross Profit | 968.97 M | |||
| EBITDA | 595.93 M | |||
| Net Income | 348.59 M | |||
| Book Value Per Share | 57.94 X | |||
| Cash Flow From Operations | 287.79 M | |||
| Earnings Per Share | 9.16 X | |||
| Number Of Employees | 13 | |||
| Beta | 0.22 | |||
| Market Capitalization | 5.94 B | |||
| Total Asset | 4.44 B | |||
| Annual Yield | 0.05 % | |||
| Net Asset | 4.44 B | |||
| Last Dividend Paid | 7.0 |
About Hi Clearance Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hi Clearance's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hi Clearance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hi Clearance based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Hi Clearance
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 Hi Clearance 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 Hi Clearance will appreciate offsetting losses from the drop in the long position's value.Moving against 1788 Stock
| 0.53 | 5508 | Yungshin Construction | PairCorr |
| 0.49 | 2538 | Kee Tai Properties Split | PairCorr |
| 0.48 | 6747 | Brighten Optix | PairCorr |
| 0.48 | 4155 | Ok Biotech | PairCorr |
| 0.48 | 5356 | Sirtec International | PairCorr |
The ability to find closely correlated positions to Hi Clearance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hi Clearance 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 Hi Clearance - 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 Hi Clearance to buy it.
The correlation of Hi Clearance 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 Hi Clearance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hi Clearance 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 Hi Clearance 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.Additional Tools for 1788 Stock Analysis
When running Hi Clearance's price analysis, check to measure Hi Clearance'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 Hi Clearance is operating at the current time. Most of Hi Clearance's value examination focuses on studying past and present price action to predict the probability of Hi Clearance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hi Clearance's price. Additionally, you may evaluate how the addition of Hi Clearance to your portfolios can decrease your overall portfolio volatility.