Hainan Haiyao Gross Profit vs. Return On Asset
| 000566 Stock | 4.52 0.04 0.88% |
Gross Profit | First Reported 2002-06-30 | Previous Quarter 58.5 M | Current Value 79.8 M | Quarterly Volatility 102 M |
For Hainan Haiyao profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hainan Haiyao to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hainan Haiyao Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hainan Haiyao's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hainan Haiyao Co over time as well as its relative position and ranking within its peers.
Hainan |
Hainan Haiyao Return On Asset vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hainan Haiyao's current stock value. Our valuation model uses many indicators to compare Hainan Haiyao value to that of its competitors to determine the firm's financial worth. Hainan Haiyao Co is number one stock in gross profit category among its peers. It also is number one stock in return on asset category among its peers . At present, Hainan Haiyao's Gross Profit is projected to decrease significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value Hainan Haiyao by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Hainan Haiyao's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Hainan Return On Asset 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.
Hainan Haiyao |
| = | 768.23 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.
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.
Hainan Haiyao |
| = | -0.0184 |
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.
Hainan Return On Asset Comparison
Hainan Haiyao is currently under evaluation in return on asset category among its peers.
Hainan Haiyao Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hainan Haiyao, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hainan Haiyao will eventually generate negative long term returns. The profitability progress is the general direction of Hainan Haiyao's change in net profit over the period of time. It can combine multiple indicators of Hainan Haiyao, 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 | ||
| Operating Income | -16.7 M | -15.9 M | |
| Income Before Tax | -106.7 M | -101.4 M | |
| Net Income Applicable To Common Shares | 9.5 M | 9.9 M | |
| Net Loss | -95.8 M | -91 M | |
| Income Tax Expense | -55.1 M | -52.4 M | |
| Net Interest Income | -180.1 M | -189.1 M | |
| Interest Income | 21 M | 20 M | |
| Net Loss | -121.8 M | -127.9 M | |
| Change To Netincome | 128.7 M | 122.3 M |
Hainan Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hainan Haiyao. 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 Hainan Haiyao 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 Hainan Haiyao's important profitability drivers and their relationship over time.
Use Hainan Haiyao 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 Hainan Haiyao 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 Hainan Haiyao will appreciate offsetting losses from the drop in the long position's value.Hainan Haiyao Pair Trading
Hainan Haiyao Co Pair Trading Analysis
The ability to find closely correlated positions to Hainan Haiyao could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hainan Haiyao 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 Hainan Haiyao - 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 Hainan Haiyao Co to buy it.
The correlation of Hainan Haiyao 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 Hainan Haiyao moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hainan Haiyao 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 Hainan Haiyao 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 Hainan Haiyao position
In addition to having Hainan Haiyao 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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Other Information on Investing in Hainan Stock
To fully project Hainan Haiyao's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hainan Haiyao 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 Hainan Haiyao's income statement, its balance sheet, and the statement of cash flows.