Shenzhen MYS Operating Margin vs. Book Value Per Share

002303 Stock   3.73  0.17  4.36%   
Based on Shenzhen MYS's profitability indicators, Shenzhen MYS Environmental 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 Shenzhen MYS's ability to earn profits and add value for shareholders.
For Shenzhen MYS profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Shenzhen MYS to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Shenzhen MYS Environmental utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Shenzhen MYS's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Shenzhen MYS Environmental 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 Shenzhen MYS's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shenzhen MYS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shenzhen MYS's 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.

Shenzhen MYS Environ Book Value Per Share vs. Operating Margin Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Shenzhen MYS's current stock value. Our valuation model uses many indicators to compare Shenzhen MYS value to that of its competitors to determine the firm's financial worth.
Shenzhen MYS Environmental is number one stock in operating margin category among its peers. It also is number one stock in book value per share category among its peers creating about  31.49  of Book Value Per Share per Operating Margin. Comparative valuation analysis is a catch-all model that can be used if you cannot value Shenzhen MYS by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Shenzhen MYS'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.

Shenzhen Book Value Per Share vs. Operating Margin

Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.

Shenzhen MYS

Operating Margin

 = 

Operating Income

Revenue

X

100

 = 
0.1 %
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Shenzhen MYS

Book Value per Share

 = 

Common Equity

Average Shares

 = 
3.01 X
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.

Shenzhen Book Value Per Share Comparison

Shenzhen MYS is currently under evaluation in book value per share category among its peers.

Shenzhen MYS Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Shenzhen MYS, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Shenzhen MYS will eventually generate negative long term returns. The profitability progress is the general direction of Shenzhen MYS's change in net profit over the period of time. It can combine multiple indicators of Shenzhen MYS, 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 Income264.7 M225.9 M
Income Before Tax230 M250.7 M
Net Income Applicable To Common Shares113.7 M216.7 M
Net Income196.1 M212.8 M
Income Tax Expense40.8 M40.1 M
Net Income From Continuing Ops200.5 M205.8 M
Total Other Income Expense Net-1.7 M-1.7 M
Net Interest Income34.4 M36.1 M
Interest Income62.8 M66 M
Change To Netincome35.6 M37.4 M

Shenzhen Profitability Driver Comparison

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

Use Shenzhen MYS 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 Shenzhen MYS 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 Shenzhen MYS will appreciate offsetting losses from the drop in the long position's value.

Shenzhen MYS Pair Trading

Shenzhen MYS Environmental Pair Trading Analysis

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

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Other Information on Investing in Shenzhen Stock

To fully project Shenzhen MYS's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Shenzhen MYS Environ 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 Shenzhen MYS's income statement, its balance sheet, and the statement of cash flows.
Potential Shenzhen MYS investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Shenzhen MYS investors may work on each financial statement separately, they are all related. The changes in Shenzhen MYS's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Shenzhen MYS'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.