Qingdao Foods EBITDA vs. Gross Profit

001219 Stock   14.48  0.19  1.33%   
Based on Qingdao Foods' profitability indicators, Qingdao Foods Co may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Qingdao Foods' ability to earn profits and add value for shareholders.
 
EBITDA  
First Reported
2010-12-31
Previous Quarter
120 M
Current Value
98.1 M
Quarterly Volatility
15.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
For Qingdao Foods profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Qingdao Foods to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Qingdao Foods Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Qingdao Foods's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Qingdao Foods Co over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Qingdao Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Qingdao Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qingdao Foods' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Qingdao Foods Gross Profit vs. EBITDA Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Qingdao Foods's current stock value. Our valuation model uses many indicators to compare Qingdao Foods value to that of its competitors to determine the firm's financial worth.
Qingdao Foods Co is number one stock in ebitda category among its peers. It also is number one stock in gross profit category among its peers fabricating about  1.21  of Gross Profit per EBITDA. At present, Qingdao Foods' EBITDA 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 Qingdao Foods by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Qingdao Foods' 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.

Qingdao Gross Profit vs. EBITDA

EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

Qingdao Foods

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
112.81 M
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
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.

Qingdao Foods

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
136.95 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.

Qingdao Gross Profit Comparison

Qingdao Foods is currently under evaluation in gross profit category among its peers.

Qingdao Foods Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Qingdao Foods, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Qingdao Foods will eventually generate negative long term returns. The profitability progress is the general direction of Qingdao Foods' change in net profit over the period of time. It can combine multiple indicators of Qingdao Foods, 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 ReportedProjected for Next Year
Operating Income90 M102.8 M
Income Before Tax115.1 M108 M
Total Other Income Expense Net663.1 K1.1 M
Net Income86.1 M80.8 M
Income Tax Expense35.1 M26.3 M
Net Interest Income2.4 M1.6 M
Interest Income2.5 M1.7 M
Net Income From Continuing Ops86.1 M88 M
Net Income Applicable To Common Shares61.2 M59.3 M
Change To Netincome-12.2 M-12.8 M

Qingdao Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Qingdao Foods. 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 Qingdao Foods 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 Qingdao Foods' important profitability drivers and their relationship over time.

Use Qingdao Foods 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 Qingdao Foods 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 Qingdao Foods will appreciate offsetting losses from the drop in the long position's value.

Qingdao Foods Pair Trading

Qingdao Foods Co Pair Trading Analysis

The ability to find closely correlated positions to Qingdao Foods could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Qingdao Foods 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 Qingdao Foods - 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 Qingdao Foods Co to buy it.
The correlation of Qingdao Foods 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 Qingdao Foods moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Qingdao Foods 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 Qingdao Foods 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Qingdao Foods position

In addition to having Qingdao Foods 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.

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Run Business Supplies Thematic Idea Now

Business Supplies
Business Supplies Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Supplies theme has 24 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Business Supplies Theme or any other thematic opportunities.
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Other Information on Investing in Qingdao Stock

To fully project Qingdao Foods' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Qingdao Foods 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 Qingdao Foods' income statement, its balance sheet, and the statement of cash flows.
Potential Qingdao Foods investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Qingdao Foods investors may work on each financial statement separately, they are all related. The changes in Qingdao Foods's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Qingdao Foods's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.