Guangdong Shenglu Net Income vs. Revenue
| 002446 Stock | 7.56 0.12 1.61% |
Net Income | First Reported 2018-06-30 | Previous Quarter 15.2 M | Current Value 16.9 M | Quarterly Volatility 190.3 M |
For Guangdong Shenglu profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Guangdong Shenglu to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Guangdong Shenglu Telecommunication utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Guangdong Shenglu's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Guangdong Shenglu Telecommunication over time as well as its relative position and ranking within its peers.
Guangdong |
Guangdong Shenglu Revenue vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Guangdong Shenglu's current stock value. Our valuation model uses many indicators to compare Guangdong Shenglu value to that of its competitors to determine the firm's financial worth. Guangdong Shenglu Telecommunication is number one stock in net income category among its peers. It also is the top company in revenue category among its peers totaling about 22.66 of Revenue per Net Income. At present, Guangdong Shenglu's Net Income is projected to decrease 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 Guangdong Shenglu by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Guangdong Shenglu'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.Guangdong Revenue vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Guangdong Shenglu |
| = | 52.39 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Guangdong Shenglu |
| = | 1.19 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Guangdong Revenue vs Competition
Guangdong Shenglu Telecommunication is the top company in revenue category among its peers. Market size based on revenue of Information Technology industry is presently estimated at about 127.18 Billion. Guangdong Shenglu maintains roughly 1.19 Billion in revenue contributing less than 1% to equities under Information Technology industry.
Guangdong Shenglu Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Guangdong Shenglu, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Guangdong Shenglu will eventually generate negative long term returns. The profitability progress is the general direction of Guangdong Shenglu's change in net profit over the period of time. It can combine multiple indicators of Guangdong Shenglu, 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 | ||
| Operating Income | 165.9 M | 98.1 M | |
| Income Before Tax | 71.6 M | 75.1 M | |
| Net Income Applicable To Common Shares | 219.3 M | 230.3 M | |
| Net Income | 52.4 M | 55 M | |
| Income Tax Expense | 27 M | 28.4 M | |
| Net Income From Continuing Ops | 52 M | 54.6 M | |
| Total Other Income Expense Net | -225.6 K | -214.3 K | |
| Net Interest Income | 343.8 K | 361 K | |
| Interest Income | 8.3 M | 10.7 M | |
| Change To Netincome | 30.1 M | 28.6 M |
Guangdong Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Guangdong Shenglu. 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 Guangdong Shenglu 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 Guangdong Shenglu's important profitability drivers and their relationship over time.
Use Guangdong Shenglu 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 Guangdong Shenglu 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 Guangdong Shenglu will appreciate offsetting losses from the drop in the long position's value.Guangdong Shenglu Pair Trading
Guangdong Shenglu Telecommunication Pair Trading Analysis
The ability to find closely correlated positions to Guangdong Shenglu could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Guangdong Shenglu 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 Guangdong Shenglu - 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 Guangdong Shenglu Telecommunication to buy it.
The correlation of Guangdong Shenglu 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 Guangdong Shenglu moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Guangdong Shenglu 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 Guangdong Shenglu 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 Guangdong Shenglu position
In addition to having Guangdong Shenglu 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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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Insurance theme has 61 constituents at this time.
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Other Information on Investing in Guangdong Stock
To fully project Guangdong Shenglu's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Guangdong Shenglu 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 Guangdong Shenglu's income statement, its balance sheet, and the statement of cash flows.