Henan Shenhuo Gross Profit vs. Current Valuation
| 000933 Stock | 17.28 0.22 1.26% |
Gross Profit | First Reported 2002-06-30 | Previous Quarter 2.6 B | Current Value 2.5 B | Quarterly Volatility 1 B |
For Henan Shenhuo profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Henan Shenhuo to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Henan Shenhuo Coal utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Henan Shenhuo's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Henan Shenhuo Coal over time as well as its relative position and ranking within its peers.
Henan |
Henan Shenhuo Coal Current Valuation vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Henan Shenhuo's current stock value. Our valuation model uses many indicators to compare Henan Shenhuo value to that of its competitors to determine the firm's financial worth. Henan Shenhuo Coal is number one stock in gross profit category among its peers. It also is the top company in current valuation category among its peers reporting about 3.60 of Current Valuation per Gross Profit. At present, Henan Shenhuo'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 Henan Shenhuo by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Henan Shenhuo'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.Henan Current Valuation 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.
Henan Shenhuo |
| = | 13.35 B |
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.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Henan Shenhuo |
| = | 48.06 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Henan Current Valuation vs Competition
Henan Shenhuo Coal is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is presently estimated at about 172.61 Billion. Henan Shenhuo totals roughly 48.06 Billion in current valuation claiming about 28% of all equities under Materials industry.
Henan Shenhuo Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Henan Shenhuo, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Henan Shenhuo will eventually generate negative long term returns. The profitability progress is the general direction of Henan Shenhuo's change in net profit over the period of time. It can combine multiple indicators of Henan Shenhuo, 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 | ||
| Accumulated Other Comprehensive Income | 2.3 B | 1.9 B | |
| Operating Income | 7.9 B | 8.3 B | |
| Income Before Tax | 8.2 B | 8.6 B | |
| Net Income Applicable To Common Shares | 8.7 B | 9.1 B | |
| Net Income | 5.9 B | 6.2 B | |
| Income Tax Expense | 2.4 B | 2.5 B | |
| Net Income From Continuing Ops | 6.7 B | 7.1 B | |
| Total Other Income Expense Net | -89.7 M | -94.2 M | |
| Net Interest Income | -70.1 M | -73.6 M | |
| Interest Income | 495.7 M | 520.5 M | |
| Change To Netincome | 3.4 B | 2.1 B |
Henan Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Henan Shenhuo. 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 Henan Shenhuo 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 Henan Shenhuo's important profitability drivers and their relationship over time.
Use Henan Shenhuo 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 Henan Shenhuo 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 Henan Shenhuo will appreciate offsetting losses from the drop in the long position's value.Henan Shenhuo Pair Trading
Henan Shenhuo Coal Pair Trading Analysis
The ability to find closely correlated positions to Henan Shenhuo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Henan Shenhuo 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 Henan Shenhuo - 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 Henan Shenhuo Coal to buy it.
The correlation of Henan Shenhuo 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 Henan Shenhuo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Henan Shenhuo Coal 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 Henan Shenhuo 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 Henan Shenhuo position
In addition to having Henan Shenhuo 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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Steel Works Etc
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Other Information on Investing in Henan Stock
To fully project Henan Shenhuo's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Henan Shenhuo Coal 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 Henan Shenhuo's income statement, its balance sheet, and the statement of cash flows.