Linzhou Heavy Current Valuation vs. Price To Book
| 002535 Stock | 4.46 0.13 2.83% |
For Linzhou Heavy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Linzhou Heavy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Linzhou Heavy Machinery utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Linzhou Heavy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Linzhou Heavy Machinery over time as well as its relative position and ranking within its peers.
Linzhou |
Linzhou Heavy Machinery Price To Book vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Linzhou Heavy's current stock value. Our valuation model uses many indicators to compare Linzhou Heavy value to that of its competitors to determine the firm's financial worth. Linzhou Heavy Machinery is the top company in current valuation category among its peers. It also is number one stock in price to book category among its peers . The ratio of Current Valuation to Price To Book for Linzhou Heavy Machinery is about 963,389,345 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Linzhou Heavy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Linzhou Heavy'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.Linzhou Current Valuation vs. Competition
Linzhou Heavy Machinery is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is presently estimated at about 167.84 Billion. Linzhou Heavy holds roughly 5.05 Billion in current valuation claiming about 3% of equities under Industrials industry.
Linzhou Price To Book 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.
Linzhou Heavy |
| = | 5.05 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.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Linzhou Heavy |
| = | 5.24 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Linzhou Price To Book Comparison
Linzhou Heavy is currently under evaluation in price to book category among its peers.
Linzhou Heavy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Linzhou Heavy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Linzhou Heavy will eventually generate negative long term returns. The profitability progress is the general direction of Linzhou Heavy's change in net profit over the period of time. It can combine multiple indicators of Linzhou Heavy, 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 | 330.6 M | 347.1 M | |
| Income Before Tax | 100.8 M | 105.8 M | |
| Net Income Applicable To Common Shares | 15.5 M | 16.3 M | |
| Net Income | 116.9 M | 122.8 M | |
| Income Tax Expense | 1.1 M | 1 M | |
| Net Income From Continuing Ops | 116.9 M | 122.8 M | |
| Total Other Income Expense Net | -210.9 M | -200.4 M | |
| Net Interest Income | -101.1 M | -106.2 M | |
| Interest Income | 6.7 M | 6.3 M | |
| Change To Netincome | 136.3 M | 129.5 M |
Linzhou Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Linzhou Heavy. 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 Linzhou Heavy 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 Linzhou Heavy's important profitability drivers and their relationship over time.
Use Linzhou Heavy 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 Linzhou Heavy 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 Linzhou Heavy will appreciate offsetting losses from the drop in the long position's value.Linzhou Heavy Pair Trading
Linzhou Heavy Machinery Pair Trading Analysis
The ability to find closely correlated positions to Linzhou Heavy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Linzhou Heavy 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 Linzhou Heavy - 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 Linzhou Heavy Machinery to buy it.
The correlation of Linzhou Heavy 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 Linzhou Heavy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Linzhou Heavy Machinery 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 Linzhou Heavy 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 Linzhou Heavy position
In addition to having Linzhou Heavy 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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Other Information on Investing in Linzhou Stock
To fully project Linzhou Heavy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Linzhou Heavy Machinery 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 Linzhou Heavy's income statement, its balance sheet, and the statement of cash flows.