Chongqing Shunbo Shares Owned By Institutions vs. Price To Sales

002996 Stock   7.00  0.09  1.27%   
Considering Chongqing Shunbo's profitability and operating efficiency indicators, Chongqing Shunbo Aluminum may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Chongqing Shunbo's ability to earn profits and add value for shareholders.
For Chongqing Shunbo profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Chongqing Shunbo to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Chongqing Shunbo Aluminum utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Chongqing Shunbo's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Chongqing Shunbo Aluminum 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 Chongqing Shunbo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chongqing Shunbo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chongqing Shunbo'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.

Chongqing Shunbo Aluminum Price To Sales vs. Shares Owned By Institutions Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Chongqing Shunbo's current stock value. Our valuation model uses many indicators to compare Chongqing Shunbo value to that of its competitors to determine the firm's financial worth.
Chongqing Shunbo Aluminum is rated below average in shares owned by institutions category among its peers. It also is rated below average in price to sales category among its peers fabricating about  0.12  of Price To Sales per Shares Owned By Institutions. The ratio of Shares Owned By Institutions to Price To Sales for Chongqing Shunbo Aluminum is roughly  8.12 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Chongqing Shunbo by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Chongqing Shunbo'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.

Chongqing Price To Sales vs. Shares Owned By Institutions

Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.

Chongqing Shunbo

Shares Held by Institutions

 = 

Funds and Banks

+

Firms

 = 
2.82 %
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Chongqing Shunbo

P/S

 = 

MV Per Share

Revenue Per Share

 = 
0.35 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.

Chongqing Price To Sales Comparison

Chongqing Shunbo is currently under evaluation in price to sales category among its peers.

Chongqing Shunbo Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Chongqing Shunbo, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Chongqing Shunbo will eventually generate negative long term returns. The profitability progress is the general direction of Chongqing Shunbo's change in net profit over the period of time. It can combine multiple indicators of Chongqing Shunbo, 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 Income242.8 M147.4 M
Net Interest Income-69.1 M-72.6 M
Interest Income21.5 M22.6 M
Operating Income264.7 M335.4 M
Net Income From Continuing Ops121.5 M214.5 M
Income Before Tax129.1 M248 M
Net Income Applicable To Common Shares393.5 M209.1 M
Net Income124.9 M201.5 M
Income Tax Expense61.5 M36.4 M
Change To Netincome101.1 M55.2 M

Chongqing Profitability Driver Comparison

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

Use Chongqing Shunbo 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 Chongqing Shunbo 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 Chongqing Shunbo will appreciate offsetting losses from the drop in the long position's value.

Chongqing Shunbo Pair Trading

Chongqing Shunbo Aluminum Pair Trading Analysis

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

In addition to having Chongqing Shunbo 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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Other Information on Investing in Chongqing Stock

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