Mingchen Health Revenue vs. Total Debt

002919 Stock   16.44  0.70  4.45%   
Considering the key profitability indicators obtained from Mingchen Health's historical financial statements, Mingchen Health Co 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 Mingchen Health's ability to earn profits and add value for shareholders.
 
Total Revenue  
First Reported
2016-12-31
Previous Quarter
361.8 M
Current Value
302.9 M
Quarterly Volatility
103 M
 
Covid
For Mingchen Health profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Mingchen Health to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Mingchen Health Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Mingchen Health's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Mingchen Health Co 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 Mingchen Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mingchen Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mingchen Health'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.

Mingchen Health Total Debt vs. Revenue Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Mingchen Health's current stock value. Our valuation model uses many indicators to compare Mingchen Health value to that of its competitors to determine the firm's financial worth.
Mingchen Health Co is the top company in revenue category among its peers. It also is the top company in total debt category among its peers making up about  0.03  of Total Debt per Revenue. The ratio of Revenue to Total Debt for Mingchen Health Co is roughly  30.84 . At present, Mingchen Health's Total Revenue is projected to increase 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 Mingchen Health by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Mingchen Health'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.

Mingchen Revenue vs. Competition

Mingchen Health Co is the top company in revenue category among its peers. Market size based on revenue of Consumer Staples industry is presently estimated at about 9.1 Trillion. Mingchen Health adds roughly 1.64 Billion in revenue claiming only tiny portion of stocks in Consumer Staples industry.

Mingchen Total Debt vs. Revenue

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.

Mingchen Health

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
1.64 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.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.

Mingchen Health

Total Debt

 = 

Bonds

+

Notes

 = 
53.1 M
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.

Mingchen Total Debt vs Competition

Mingchen Health Co is the top company in total debt category among its peers. Total debt of Consumer Staples industry is presently estimated at about 122.53 Trillion. Mingchen Health adds roughly 53.1 Million in total debt claiming only tiny portion of stocks in Consumer Staples industry.
Total debt  Workforce  Valuation  Revenue  Capitalization

Mingchen Health Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Mingchen Health, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Mingchen Health will eventually generate negative long term returns. The profitability progress is the general direction of Mingchen Health's change in net profit over the period of time. It can combine multiple indicators of Mingchen Health, 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 Income57.9 M58.2 M
Income Before Tax56.6 M58.7 M
Total Other Income Expense Net-44.8 M-42.6 M
Net Income70.4 M57.6 M
Income Tax Expense-13.7 M-13 M
Net Interest Income-2.9 M-2.7 M
Interest Income1.1 M2.1 M
Net Income From Continuing Ops70.4 M66 M
Net Income Applicable To Common Shares29.1 M27.7 M
Change To Netincome-1.7 M-1.6 M

Mingchen Profitability Driver Comparison

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

Use Mingchen Health 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 Mingchen Health 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 Mingchen Health will appreciate offsetting losses from the drop in the long position's value.

Mingchen Health Pair Trading

Mingchen Health Co Pair Trading Analysis

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

In addition to having Mingchen Health 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.

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SPAC
SPAC Theme
Entities that are involved in raising capital, merging with and acquiring companies, and investing in private equity through leveraged buyouts. The SPAC theme has 25 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 SPAC Theme or any other thematic opportunities.
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Other Information on Investing in Mingchen Stock

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