Qiming Information Price To Book vs. Total Debt
| 002232 Stock | 20.28 0.41 2.06% |
For Qiming Information profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Qiming Information to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Qiming Information Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Qiming Information's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Qiming Information Technology over time as well as its relative position and ranking within its peers.
Qiming |
Qiming Information Total Debt vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Qiming Information's current stock value. Our valuation model uses many indicators to compare Qiming Information value to that of its competitors to determine the firm's financial worth. Qiming Information Technology is number one stock in price to book category among its peers. It is rated below average in total debt category among its peers making up about 435,366 of Total Debt per Price To Book. Comparative valuation analysis is a catch-all model that can be used if you cannot value Qiming Information by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Qiming Information'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.Qiming Total Debt vs. Price To Book
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.
Qiming Information |
| = | 6.02 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.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Qiming Information |
| = | 2.62 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Qiming Total Debt vs Competition
Qiming Information Technology is rated below average in total debt category among its peers. Total debt of Information Technology industry is presently estimated at about 12.97 Trillion. Qiming Information adds roughly 2.62 Million in total debt claiming only tiny portion of equities under Information Technology industry.
Qiming Information Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Qiming Information, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Qiming Information will eventually generate negative long term returns. The profitability progress is the general direction of Qiming Information's change in net profit over the period of time. It can combine multiple indicators of Qiming Information, 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 | 117.5 M | 117.7 M | |
| Operating Income | 15.1 M | 14.3 M | |
| Income Before Tax | 39 M | 66.1 M | |
| Total Other Income Expense Net | 23.9 M | 25.1 M | |
| Net Income Applicable To Common Shares | 46.5 M | 59 M | |
| Net Income | 29.3 M | 27.8 M | |
| Income Tax Expense | 9.7 M | 6.5 M | |
| Net Income From Continuing Ops | 29.3 M | 27.8 M | |
| Net Interest Income | 16.4 M | 16.1 M | |
| Interest Income | 16.9 M | 15.8 M | |
| Change To Netincome | -4.7 M | -4.4 M |
Qiming Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Qiming Information. 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 Qiming Information 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 Qiming Information's important profitability drivers and their relationship over time.
Use Qiming Information 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 Qiming Information 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 Qiming Information will appreciate offsetting losses from the drop in the long position's value.Qiming Information Pair Trading
Qiming Information Technology Pair Trading Analysis
The ability to find closely correlated positions to Qiming Information could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Qiming Information 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 Qiming Information - 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 Qiming Information Technology to buy it.
The correlation of Qiming Information 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 Qiming Information moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Qiming Information 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 Qiming Information 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 Qiming Information position
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Other Information on Investing in Qiming Stock
To fully project Qiming Information's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Qiming Information 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 Qiming Information's income statement, its balance sheet, and the statement of cash flows.