Dongil Technology Return On Equity vs. Net Income
| 032960 Stock | KRW 10,360 140.00 1.33% |
For Dongil Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Dongil Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Dongil Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Dongil Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Dongil Technology over time as well as its relative position and ranking within its peers.
Dongil |
Dongil Technology Net Income vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Dongil Technology's current stock value. Our valuation model uses many indicators to compare Dongil Technology value to that of its competitors to determine the firm's financial worth. Dongil Technology is rated second in return on equity category among its peers. It also is rated second in net income category among its peers making up about 1,388,919,025 of Net Income per Return On Equity. Comparative valuation analysis is a catch-all model that can be used if you cannot value Dongil Technology by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Dongil Technology'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.Dongil Net Income vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Dongil Technology |
| = | 5.59 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Dongil Technology |
| = | 7.77 B |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Dongil Net Income Comparison
Dongil Technology is currently under evaluation in net income category among its peers.
Dongil Technology Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Dongil Technology, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Dongil Technology will eventually generate negative long term returns. The profitability progress is the general direction of Dongil Technology's change in net profit over the period of time. It can combine multiple indicators of Dongil Technology, 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.
Dongil Technology, Ltd manufactures and sells components, ESD ionizerssensors, and medical devices primarily in South Korea. Dongil Technology, Ltd was founded in 1986 and is based in Hwaseong, South Korea. DongilTech is traded on Korean Securities Dealers Automated Quotations in South Korea.
Dongil Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Dongil Technology. 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 Dongil Technology 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 Dongil Technology's important profitability drivers and their relationship over time.
Use Dongil Technology 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 Dongil Technology 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 Dongil Technology will appreciate offsetting losses from the drop in the long position's value.Dongil Technology Pair Trading
Dongil Technology Pair Trading Analysis
The ability to find closely correlated positions to Dongil Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dongil Technology 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 Dongil Technology - 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 Dongil Technology to buy it.
The correlation of Dongil Technology 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 Dongil Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dongil Technology 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 Dongil Technology 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 Dongil Technology position
In addition to having Dongil Technology 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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Robots And Drones
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Other Information on Investing in Dongil Stock
To fully project Dongil Technology's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Dongil Technology 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 Dongil Technology's income statement, its balance sheet, and the statement of cash flows.