Shijiazhuang Tonhe Gross Profit vs. EBITDA
| 300491 Stock | 17.17 0.97 5.35% |
Gross Profit | First Reported 2015-03-31 | Previous Quarter 55.3 M | Current Value 78.3 M | Quarterly Volatility 27.8 M |
For Shijiazhuang Tonhe profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Shijiazhuang Tonhe to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Shijiazhuang Tonhe Electronics utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Shijiazhuang Tonhe's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Shijiazhuang Tonhe Electronics over time as well as its relative position and ranking within its peers.
Shijiazhuang |
Shijiazhuang Tonhe EBITDA vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Shijiazhuang Tonhe's current stock value. Our valuation model uses many indicators to compare Shijiazhuang Tonhe value to that of its competitors to determine the firm's financial worth. Shijiazhuang Tonhe Electronics is number one stock in gross profit category among its peers. It also is number one stock in ebitda category among its peers totaling about 0.46 of EBITDA per Gross Profit. The ratio of Gross Profit to EBITDA for Shijiazhuang Tonhe Electronics is roughly 2.16 . At present, Shijiazhuang Tonhe's Gross Profit 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 Shijiazhuang Tonhe by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Shijiazhuang Tonhe'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.Shijiazhuang EBITDA 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.
Shijiazhuang Tonhe |
| = | 157.04 M |
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.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Shijiazhuang Tonhe |
| = | 72.6 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Shijiazhuang EBITDA Comparison
Shijiazhuang Tonhe is currently under evaluation in ebitda category among its peers.
Shijiazhuang Tonhe Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Shijiazhuang Tonhe, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Shijiazhuang Tonhe will eventually generate negative long term returns. The profitability progress is the general direction of Shijiazhuang Tonhe's change in net profit over the period of time. It can combine multiple indicators of Shijiazhuang Tonhe, 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 Reported | Projected for Next Year | ||
| Operating Income | 150.5 M | 158.1 M | |
| Income Before Tax | 107.2 M | 112.6 M | |
| Income Tax Expense | -1 M | -977.8 K | |
| Net Income Applicable To Common Shares | 29.3 M | 21.1 M | |
| Net Income | 102.6 M | 107.7 M | |
| Net Interest Income | -2.1 M | -2 M | |
| Interest Income | 3.1 M | 2.3 M | |
| Net Income From Continuing Ops | 102.6 M | 107.7 M | |
| Change To Netincome | 12.8 M | 8.4 M |
Shijiazhuang Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Shijiazhuang Tonhe. 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 Shijiazhuang Tonhe 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 Shijiazhuang Tonhe's important profitability drivers and their relationship over time.
Use Shijiazhuang Tonhe 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 Shijiazhuang Tonhe 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 Shijiazhuang Tonhe will appreciate offsetting losses from the drop in the long position's value.Shijiazhuang Tonhe Pair Trading
Shijiazhuang Tonhe Electronics Pair Trading Analysis
The ability to find closely correlated positions to Shijiazhuang Tonhe could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shijiazhuang Tonhe 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 Shijiazhuang Tonhe - 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 Shijiazhuang Tonhe Electronics to buy it.
The correlation of Shijiazhuang Tonhe 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 Shijiazhuang Tonhe moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shijiazhuang Tonhe 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 Shijiazhuang Tonhe 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 Shijiazhuang Tonhe position
In addition to having Shijiazhuang Tonhe 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 Convertibles Funds Thematic Idea Now
Convertibles Funds
Funds or Etfs that invest in debt that is expected to be converted into a predetermined amount of the company equity at some future date. The Convertibles Funds theme has 12 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 Convertibles Funds Theme or any other thematic opportunities.
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Other Information on Investing in Shijiazhuang Stock
To fully project Shijiazhuang Tonhe's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Shijiazhuang Tonhe 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 Shijiazhuang Tonhe's income statement, its balance sheet, and the statement of cash flows.