Neway Valve Suzhou Stock Gross Profit
603699 Stock | 24.28 0.23 0.96% |
Neway Valve suzhou fundamentals help investors to digest information that contributes to Neway Valve's financial success or failures. It also enables traders to predict the movement of Neway Stock. The fundamental analysis module provides a way to measure Neway Valve'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 Neway Valve stock.
Last Reported | Projected for Next Year | ||
Gross Profit | 2 B | 1.2 B |
Neway | Gross Profit |
Neway Valve suzhou Company Gross Profit Analysis
Neway Valve'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 Neway Valve Gross Profit | 1.22 B |
Most of Neway Valve'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, Neway Valve suzhou 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, Neway Valve suzhou reported 1.22 B of gross profit. This is 69.77% lower than that of the Machinery sector and significantly higher than that of the Industrials industry. The gross profit for all China stocks is 95.53% higher than that of the company.
Neway Gross Profit Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Neway Valve'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 Neway Valve could also be used in its relative valuation, which is a method of valuing Neway Valve by comparing valuation metrics of similar companies.Neway Valve is currently under evaluation in gross profit category among its peers.
Neway Fundamentals
Return On Equity | 0.25 | ||||
Return On Asset | 0.0891 | ||||
Profit Margin | 0.17 % | ||||
Operating Margin | 0.25 % | ||||
Current Valuation | 18.17 B | ||||
Shares Outstanding | 768.64 M | ||||
Shares Owned By Insiders | 63.76 % | ||||
Shares Owned By Institutions | 10.90 % | ||||
Price To Book | 4.70 X | ||||
Price To Sales | 3.26 X | ||||
Revenue | 5.54 B | ||||
Gross Profit | 1.22 B | ||||
EBITDA | 1.29 B | ||||
Net Income | 721.8 M | ||||
Total Debt | 636.27 M | ||||
Book Value Per Share | 5.17 X | ||||
Cash Flow From Operations | 637 M | ||||
Earnings Per Share | 1.26 X | ||||
Target Price | 23.06 | ||||
Number Of Employees | 3.55 K | ||||
Beta | 0.66 | ||||
Market Capitalization | 18.78 B | ||||
Total Asset | 7.88 B | ||||
Retained Earnings | 1.73 B | ||||
Working Capital | 2.19 B | ||||
Net Asset | 7.88 B |
About Neway Valve Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Neway Valve suzhou's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Neway Valve using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Neway Valve suzhou 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.
Currently Active Assets on Macroaxis
BTC | Bitcoin | |
TRX | TRON | |
BNB | Binance Coin | |
ADA | Cardano | |
XRP | XRP |
Other Information on Investing in Neway Stock
Neway Valve financial ratios help investors to determine whether Neway Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Neway with respect to the benefits of owning Neway Valve security.