Daedong Metals Gross Profit vs. Revenue

020400 Stock  KRW 7,630  680.00  8.18%   
Based on Daedong Metals' profitability indicators, Daedong Metals Co may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Daedong Metals' ability to earn profits and add value for shareholders.
For Daedong Metals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Daedong Metals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Daedong Metals Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Daedong Metals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Daedong Metals 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 Daedong Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Daedong Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Daedong Metals' 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.

Daedong Metals Revenue vs. Gross Profit Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Daedong Metals's current stock value. Our valuation model uses many indicators to compare Daedong Metals value to that of its competitors to determine the firm's financial worth.
Daedong Metals Co is rated second in gross profit category among its peers. It also is rated second in revenue category among its peers totaling about  21.52  of Revenue per Gross Profit. Comparative valuation analysis is a catch-all model that can be used if you cannot value Daedong Metals by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Daedong Metals' 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.

Daedong Revenue vs. Gross Profit

Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Daedong Metals

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
6.24 B
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
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.

Daedong Metals

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
134.28 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.

Daedong Revenue vs Competition

Daedong Metals Co is rated second in revenue category among its peers. Market size based on revenue of Auto Components industry is presently estimated at about 447.35 Billion. Daedong Metals totals roughly 134.28 Billion in revenue claiming about 30% of stocks in Auto Components industry.

Daedong Metals Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Daedong Metals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Daedong Metals will eventually generate negative long term returns. The profitability progress is the general direction of Daedong Metals' change in net profit over the period of time. It can combine multiple indicators of Daedong Metals, 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.
Daedong Metals Co., Ltd. produces and sells casting parts for agricultural machinery, heavy equipment, and automotive markets in South Korea. Daedong Metals Co., Ltd. is a subsidiary of Daedong Industrial Co., Ltd. DaedongMetal is traded on Korean Securities Dealers Automated Quotations in South Korea.

Daedong Profitability Driver Comparison

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

Use Daedong Metals 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 Daedong Metals 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 Daedong Metals will appreciate offsetting losses from the drop in the long position's value.

Daedong Metals Pair Trading

Daedong Metals Co Pair Trading Analysis

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

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Other Information on Investing in Daedong Stock

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