Jiangxi Ganfeng Current Valuation vs. Return On Equity
| 002460 Stock | 35.96 0.06 0.17% |
For Jiangxi Ganfeng profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Jiangxi Ganfeng to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Jiangxi Ganfeng Lithium utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Jiangxi Ganfeng's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Jiangxi Ganfeng Lithium over time as well as its relative position and ranking within its peers.
Jiangxi |
Jiangxi Ganfeng Lithium Return On Equity vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Jiangxi Ganfeng's current stock value. Our valuation model uses many indicators to compare Jiangxi Ganfeng value to that of its competitors to determine the firm's financial worth. Jiangxi Ganfeng Lithium is rated below average in current valuation category among its peers. It is rated below average in return on equity category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Jiangxi Ganfeng by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Jiangxi Ganfeng'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.Jiangxi Current Valuation vs. Competition
Jiangxi Ganfeng Lithium is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is presently estimated at about 1.82 Trillion. Jiangxi Ganfeng holds roughly 88.54 Billion in current valuation claiming about 5% of all equities under Materials industry.
Jiangxi Return On Equity vs. Current Valuation
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.
Jiangxi Ganfeng |
| = | 88.54 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.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Jiangxi Ganfeng |
| = | -0.044 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Jiangxi Return On Equity Comparison
Jiangxi Ganfeng is currently under evaluation in return on equity category among its peers.
Jiangxi Ganfeng Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Jiangxi Ganfeng, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Jiangxi Ganfeng will eventually generate negative long term returns. The profitability progress is the general direction of Jiangxi Ganfeng's change in net profit over the period of time. It can combine multiple indicators of Jiangxi Ganfeng, 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 | 3.6 B | 2.1 B | |
| Income Before Tax | 5.3 B | 5.5 B | |
| Net Income Applicable To Common Shares | 23.5 B | 24.7 B | |
| Net Income | 4.9 B | 5.2 B | |
| Income Tax Expense | 2.6 B | 2.7 B | |
| Net Income From Continuing Ops | 4.6 B | 4.3 B | |
| Total Other Income Expense Net | -969.6 K | -921.1 K | |
| Net Interest Income | -463.9 M | -440.7 M | |
| Interest Income | 367 M | 385.3 M | |
| Change To Netincome | -3.5 B | -3.4 B |
Jiangxi Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Jiangxi Ganfeng. 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 Jiangxi Ganfeng 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 Jiangxi Ganfeng's important profitability drivers and their relationship over time.
Use Jiangxi Ganfeng 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 Jiangxi Ganfeng 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 Jiangxi Ganfeng will appreciate offsetting losses from the drop in the long position's value.Jiangxi Ganfeng Pair Trading
Jiangxi Ganfeng Lithium Pair Trading Analysis
The ability to find closely correlated positions to Jiangxi Ganfeng could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Jiangxi Ganfeng 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 Jiangxi Ganfeng - 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 Jiangxi Ganfeng Lithium to buy it.
The correlation of Jiangxi Ganfeng 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 Jiangxi Ganfeng moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jiangxi Ganfeng Lithium 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 Jiangxi Ganfeng 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 Jiangxi Ganfeng position
In addition to having Jiangxi Ganfeng 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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Funds or Etfs that invest in both long and short positions of different entities to enhance returns from broad market movements over time. The Market Neutral Funds theme has 41 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 Market Neutral Funds Theme or any other thematic opportunities.
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Other Information on Investing in Jiangxi Stock
To fully project Jiangxi Ganfeng's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Jiangxi Ganfeng Lithium 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 Jiangxi Ganfeng's income statement, its balance sheet, and the statement of cash flows.