Yang Ming Net Income vs. Revenue
| 2609 Stock | TWD 80.40 1.80 2.29% |
For Yang Ming profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Yang Ming to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Yang Ming Marine utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Yang Ming's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Yang Ming Marine over time as well as its relative position and ranking within its peers.
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Yang Ming Marine Revenue vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Yang Ming's current stock value. Our valuation model uses many indicators to compare Yang Ming value to that of its competitors to determine the firm's financial worth. Yang Ming Marine is number one stock in net income category among its peers. It also is the top company in revenue category among its peers totaling about 2.02 of Revenue per Net Income. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Yang Ming's earnings, one of the primary drivers of an investment's value.Yang Revenue vs. Net Income
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.
Yang Ming |
| = | 165.27 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.
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.
Yang Ming |
| = | 333.69 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.
Yang Revenue vs Competition
Yang Ming Marine is the top company in revenue category among its peers. Market size based on revenue of Industrials industry is presently estimated at about 714.55 Billion. Yang Ming totals roughly 333.69 Billion in revenue claiming about 47% of equities under Industrials industry.
Yang Ming Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Yang Ming, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Yang Ming will eventually generate negative long term returns. The profitability progress is the general direction of Yang Ming's change in net profit over the period of time. It can combine multiple indicators of Yang Ming, 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.
Yang Ming Marine Transport Corporation, together with its subsidiaries, provides shipping, repair, and chartering services in Taiwan, the United States, Europe, Asia, and internationally. Yang Ming Marine Transport Corporation was founded in 1972 and is headquartered in Keelung, Taiwan. YANG MING operates under Shipping Ports classification in Taiwan and is traded on Taiwan Stock Exchange.
Yang Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Yang Ming. 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 Yang Ming 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 Yang Ming's important profitability drivers and their relationship over time.
Use Yang Ming 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 Yang Ming 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 Yang Ming will appreciate offsetting losses from the drop in the long position's value.Yang Ming Pair Trading
Yang Ming Marine Pair Trading Analysis
The ability to find closely correlated positions to Yang Ming could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Yang Ming 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 Yang Ming - 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 Yang Ming Marine to buy it.
The correlation of Yang Ming 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 Yang Ming moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Yang Ming Marine 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 Yang Ming 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 Yang Ming position
In addition to having Yang Ming 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?
Run Real Estate Thematic Idea Now
Real Estate
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Real Estate theme has 61 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 Real Estate Theme or any other thematic opportunities.
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Additional Tools for Yang Stock Analysis
When running Yang Ming's price analysis, check to measure Yang Ming's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Yang Ming is operating at the current time. Most of Yang Ming's value examination focuses on studying past and present price action to predict the probability of Yang Ming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yang Ming's price. Additionally, you may evaluate how the addition of Yang Ming to your portfolios can decrease your overall portfolio volatility.