Shandong Polymer EBITDA vs. Current Valuation

002476 Stock   4.97  0.13  2.69%   
Considering Shandong Polymer's profitability and operating efficiency indicators, Shandong Polymer Biochemicals 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 Shandong Polymer's ability to earn profits and add value for shareholders.
 
EBITDA  
First Reported
2010-12-31
Previous Quarter
6.8 M
Current Value
6.4 M
Quarterly Volatility
59.6 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
For Shandong Polymer profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Shandong Polymer to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Shandong Polymer Biochemicals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Shandong Polymer's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Shandong Polymer Biochemicals 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 Shandong Polymer's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shandong Polymer is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shandong Polymer'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.

Shandong Polymer Bio Current Valuation vs. EBITDA Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Shandong Polymer's current stock value. Our valuation model uses many indicators to compare Shandong Polymer value to that of its competitors to determine the firm's financial worth.
Shandong Polymer Biochemicals is number one stock in ebitda category among its peers. It also is the top company in current valuation category among its peers reporting about  400.54  of Current Valuation per EBITDA. At present, Shandong Polymer's EBITDA 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 Shandong Polymer by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Shandong Polymer'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.

Shandong Current Valuation 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.

Shandong Polymer

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
6.75 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.
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.

Shandong Polymer

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
2.7 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.

Shandong Current Valuation vs Competition

Shandong Polymer Biochemicals is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is presently estimated at about 146.32 Billion. Shandong Polymer claims roughly 2.7 Billion in current valuation contributing just under 2% to all equities under Materials industry.

Shandong Polymer Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Shandong Polymer, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Shandong Polymer will eventually generate negative long term returns. The profitability progress is the general direction of Shandong Polymer's change in net profit over the period of time. It can combine multiple indicators of Shandong Polymer, 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
Accumulated Other Comprehensive Income2.2 M2.1 M
Operating Income10.8 M10.2 M
Income Before Tax10.6 M18 M
Total Other Income Expense Net-149.3 K-156.7 K
Net Income Applicable To Common Shares26.7 M15.5 M
Net Income5.2 MM
Income Tax Expense5.4 M6.1 M
Net Income From Continuing Ops5.2 M5.5 M
Net Interest Income5.4 M5.7 M
Interest IncomeM5.3 M
Change To Netincome12.9 M10.4 M

Shandong Profitability Driver Comparison

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

Use Shandong Polymer 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 Shandong Polymer 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 Shandong Polymer will appreciate offsetting losses from the drop in the long position's value.

Shandong Polymer Pair Trading

Shandong Polymer Biochemicals Pair Trading Analysis

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

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Cash Cows
Cash Cows Theme
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Other Information on Investing in Shandong Stock

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