Ningbo Jianan Net Income vs. Return On Equity

300880 Stock   25.11  0.02  0.08%   
Considering Ningbo Jianan's profitability and operating efficiency indicators, Ningbo Jianan Electronics may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Ningbo Jianan's ability to earn profits and add value for shareholders.
 
Net Income  
First Reported
2019-09-30
Previous Quarter
31.3 M
Current Value
87.2 M
Quarterly Volatility
18 M
 
Covid
For Ningbo Jianan profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ningbo Jianan to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ningbo Jianan Electronics utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ningbo Jianan's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ningbo Jianan Electronics 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 Ningbo Jianan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ningbo Jianan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ningbo Jianan's 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.

Ningbo Jianan Electronics Return On Equity vs. Net Income Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Ningbo Jianan's current stock value. Our valuation model uses many indicators to compare Ningbo Jianan value to that of its competitors to determine the firm's financial worth.
Ningbo Jianan Electronics is number one stock in net income category among its peers. It also is number one stock in return on equity category among its peers . The ratio of Net Income to Return On Equity for Ningbo Jianan Electronics is about  687,162,492 . At present, Ningbo Jianan's Net Income 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 Ningbo Jianan by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ningbo Jianan'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 Return On Equity 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.

Ningbo Jianan

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
153.86 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.
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.

Ningbo Jianan

Return On Equity

 = 

Net Income

Total Equity

 = 
0.22
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.

Ningbo Return On Equity Comparison

Ningbo Jianan is currently under evaluation in return on equity category among its peers.

Ningbo Jianan Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Ningbo Jianan, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ningbo Jianan will eventually generate negative long term returns. The profitability progress is the general direction of Ningbo Jianan's change in net profit over the period of time. It can combine multiple indicators of Ningbo Jianan, 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 ReportedProjected for Next Year
Net Interest Income6.5 M3.3 M
Interest Income6.7 M3.8 M
Operating Income163.9 M101.8 M
Net Income From Continuing Ops153.9 M91.8 M
Income Before Tax177.4 M106.3 M
Net Income Applicable To Common Shares160.7 M80.7 M
Net Income153.9 M91.8 M
Income Tax Expense27.2 M28.6 M
Change To Netincome853.6 K932.7 K

Ningbo Profitability Driver Comparison

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

Use Ningbo Jianan 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 Jianan 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 Jianan will appreciate offsetting losses from the drop in the long position's value.

Ningbo Jianan Pair Trading

Ningbo Jianan Electronics Pair Trading Analysis

The ability to find closely correlated positions to Ningbo Jianan 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 Jianan 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 Jianan - 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 Jianan Electronics to buy it.
The correlation of Ningbo Jianan 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 Jianan moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ningbo Jianan Electronics 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 Jianan 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 Ningbo Jianan position

In addition to having Ningbo Jianan 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.

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Run Investing Thematic Idea Now

Investing
Investing Theme
Companies involved in money management and investment banking services. The Investing theme has 44 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 Investing Theme or any other thematic opportunities.
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Other Information on Investing in Ningbo Stock

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