Xiangyang Automobile Gross Profit vs. Price To Book
| 000678 Stock | 6.65 0.12 1.84% |
Gross Profit | First Reported 2002-06-30 | Previous Quarter 41.6 M | Current Value 33.5 M | Quarterly Volatility 30.5 M |
For Xiangyang Automobile profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Xiangyang Automobile to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Xiangyang Automobile Bearing utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Xiangyang Automobile's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Xiangyang Automobile Bearing over time as well as its relative position and ranking within its peers.
Xiangyang |
Xiangyang Automobile Price To Book vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Xiangyang Automobile's current stock value. Our valuation model uses many indicators to compare Xiangyang Automobile value to that of its competitors to determine the firm's financial worth. Xiangyang Automobile Bearing is number one stock in gross profit category among its peers. It also is number one stock in price to book category among its peers . The ratio of Gross Profit to Price To Book for Xiangyang Automobile Bearing is about 18,096,566 . At present, Xiangyang Automobile's Gross Profit is projected to increase 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 Xiangyang Automobile by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Xiangyang Automobile'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.Xiangyang Price To Book 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.
Xiangyang Automobile |
| = | 67.88 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.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Xiangyang Automobile |
| = | 3.75 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Xiangyang Price To Book Comparison
Xiangyang Automobile is currently under evaluation in price to book category among its peers.
Xiangyang Automobile Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Xiangyang Automobile, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Xiangyang Automobile will eventually generate negative long term returns. The profitability progress is the general direction of Xiangyang Automobile's change in net profit over the period of time. It can combine multiple indicators of Xiangyang Automobile, 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 | ||
| Income Before Tax | -53.4 M | -50.7 M | |
| Net Loss | -112.1 M | -106.5 M | |
| Net Loss | -53.7 M | -51 M | |
| Operating Income | -25.5 M | -24.2 M | |
| Income Tax Expense | -5 M | -4.7 M | |
| Net Loss | -60 M | -63 M | |
| Total Other Income Expense Net | -4 M | -3.8 M | |
| Net Interest Income | -34.1 M | -35.8 M | |
| Interest Income | 754.3 K | 785.5 K | |
| Change To Netincome | 32.1 M | 21.6 M |
Xiangyang Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Xiangyang Automobile. 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 Xiangyang Automobile 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 Xiangyang Automobile's important profitability drivers and their relationship over time.
Use Xiangyang Automobile 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 Xiangyang Automobile 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 Xiangyang Automobile will appreciate offsetting losses from the drop in the long position's value.Xiangyang Automobile Pair Trading
Xiangyang Automobile Bearing Pair Trading Analysis
The ability to find closely correlated positions to Xiangyang Automobile could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Xiangyang Automobile 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 Xiangyang Automobile - 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 Xiangyang Automobile Bearing to buy it.
The correlation of Xiangyang Automobile 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 Xiangyang Automobile moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Xiangyang Automobile 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 Xiangyang Automobile 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 Xiangyang Automobile position
In addition to having Xiangyang Automobile 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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Communication Services
Companies that provide networking, telecom, and long distance services. The Communication Services theme has 37 constituents at this time.
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Other Information on Investing in Xiangyang Stock
To fully project Xiangyang Automobile's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Xiangyang Automobile 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 Xiangyang Automobile's income statement, its balance sheet, and the statement of cash flows.