Ningbo Bohui Total Debt vs. Net Income
| 300839 Stock | 8.11 0.20 2.41% |
For Ningbo Bohui profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ningbo Bohui to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ningbo Bohui Chemical utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ningbo Bohui's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ningbo Bohui Chemical over time as well as its relative position and ranking within its peers.
Ningbo |
Ningbo Bohui Chemical Net Income vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ningbo Bohui's current stock value. Our valuation model uses many indicators to compare Ningbo Bohui value to that of its competitors to determine the firm's financial worth. Ningbo Bohui Chemical is the top company in total debt category among its peers. It also is number one stock in net income category among its peers . At present, Ningbo Bohui's Net Loss is projected to decrease 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 Ningbo Bohui by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ningbo Bohui'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.Ningbo Total Debt vs. Competition
Ningbo Bohui Chemical is the top company in total debt category among its peers. Total debt of Energy industry is presently estimated at about 8.78 Billion. Ningbo Bohui holds roughly 489.48 Million in total debt claiming about 6% of equities under Energy industry.
Ningbo Net Income vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Ningbo Bohui |
| = | 489.48 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
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.
Ningbo Bohui |
| = | (202.95 M) |
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.
Ningbo Net Income Comparison
Ningbo Bohui is currently under evaluation in net income category among its peers.
Ningbo Bohui Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ningbo Bohui, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ningbo Bohui will eventually generate negative long term returns. The profitability progress is the general direction of Ningbo Bohui's change in net profit over the period of time. It can combine multiple indicators of Ningbo Bohui, 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 | ||
| Net Interest Income | -39.7 M | -37.7 M | |
| Interest Income | 4 M | 4.2 M | |
| Operating Income | -12.6 M | -11.9 M | |
| Net Loss | -202.9 M | -192.8 M | |
| Income Before Tax | -190 M | -180.5 M | |
| Net Income Applicable To Common Shares | 174.5 M | 87.7 M | |
| Net Loss | -202.9 M | -192.8 M | |
| Income Tax Expense | 8.8 M | 8.3 M | |
| Change To Netincome | 36.8 M | 38.7 M |
Ningbo Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ningbo Bohui. 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 Ningbo Bohui 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 Ningbo Bohui's important profitability drivers and their relationship over time.
Use Ningbo Bohui 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 Ningbo Bohui 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 Ningbo Bohui will appreciate offsetting losses from the drop in the long position's value.Ningbo Bohui Pair Trading
Ningbo Bohui Chemical Pair Trading Analysis
The ability to find closely correlated positions to Ningbo Bohui could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ningbo Bohui 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 Ningbo Bohui - 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 Ningbo Bohui Chemical to buy it.
The correlation of Ningbo Bohui 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 Ningbo Bohui moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ningbo Bohui Chemical 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 Ningbo Bohui 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 Ningbo Bohui position
In addition to having Ningbo Bohui 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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Other Information on Investing in Ningbo Stock
To fully project Ningbo Bohui's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ningbo Bohui Chemical 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 Ningbo Bohui's income statement, its balance sheet, and the statement of cash flows.