Tongding Interconnection EBITDA vs. Operating Margin

002491 Stock   5.12  0.24  4.92%   
Considering Tongding Interconnection's profitability and operating efficiency indicators, Tongding Interconnection Information 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 Tongding Interconnection's ability to earn profits and add value for shareholders.
 
EBITDA  
First Reported
2010-12-31
Previous Quarter
360.5 M
Current Value
378.6 M
Quarterly Volatility
755.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
For Tongding Interconnection profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tongding Interconnection to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tongding Interconnection Information utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tongding Interconnection's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tongding Interconnection Information 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 Tongding Interconnection's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tongding Interconnection is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tongding Interconnection'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.

Tongding Interconnection Operating Margin vs. EBITDA Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Tongding Interconnection's current stock value. Our valuation model uses many indicators to compare Tongding Interconnection value to that of its competitors to determine the firm's financial worth.
Tongding Interconnection Information is number one stock in ebitda category among its peers. It also is number one stock in operating margin category among its peers . The ratio of EBITDA to Operating Margin for Tongding Interconnection Information is about  5,099,468,225 . At present, Tongding Interconnection'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 Tongding Interconnection by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Tongding Interconnection'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.

Tongding Operating Margin 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.

Tongding Interconnection

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
226.93 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.
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.

Tongding Interconnection

Operating Margin

 = 

Operating Income

Revenue

X

100

 = 
0.04 %
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.

Tongding Operating Margin Comparison

Tongding Interconnection is currently under evaluation in operating margin category among its peers.

Tongding Interconnection Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Tongding Interconnection, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tongding Interconnection will eventually generate negative long term returns. The profitability progress is the general direction of Tongding Interconnection's change in net profit over the period of time. It can combine multiple indicators of Tongding Interconnection, 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 Income325.9 M253.2 M
Income Before Tax299.4 M314.4 M
Net Income Applicable To Common Shares112.9 M118.6 M
Net Income236.8 M248.6 M
Income Tax Expense31.5 M33 M
Net Income From Continuing Ops237.2 M249 M
Total Other Income Expense Net-48.2 M-50.6 M
Net Interest Income-72.8 M-76.5 M
Interest Income24.1 M18.5 M
Change To Netincome7.9 M7.5 M

Tongding Profitability Driver Comparison

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

Use Tongding Interconnection 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 Tongding Interconnection 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 Tongding Interconnection will appreciate offsetting losses from the drop in the long position's value.

Tongding Interconnection Pair Trading

Tongding Interconnection Information Pair Trading Analysis

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

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