Sinotruk Price To Sales vs. Cash Per Share
| 4SK Stock | EUR 2.76 0.06 2.13% |
For Sinotruk profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sinotruk to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sinotruk Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sinotruk's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sinotruk Limited over time as well as its relative position and ranking within its peers.
Sinotruk |
Sinotruk Limited Cash Per Share vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sinotruk's current stock value. Our valuation model uses many indicators to compare Sinotruk value to that of its competitors to determine the firm's financial worth. Sinotruk Limited is rated fifth in price to sales category among its peers. It is rated fourth in cash per share category among its peers fabricating about 13.69 of Cash Per Share per Price To Sales. 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 Sinotruk's earnings, one of the primary drivers of an investment's value.Sinotruk Cash Per Share vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Sinotruk |
| = | 0.06 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Sinotruk |
| = | 0.88 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Sinotruk Cash Per Share Comparison
Sinotruk is rated third in cash per share category among its peers.
Sinotruk Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sinotruk, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sinotruk will eventually generate negative long term returns. The profitability progress is the general direction of Sinotruk's change in net profit over the period of time. It can combine multiple indicators of Sinotruk, 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.
Sinotruk Limited, an investment holding company, engages in the research, development, manufacture, and sale of heavy duty trucks , light duty trucks, buses, and related parts in Mainland China and internationally. Sinotruk Limited is a subsidiary of China National Heavy Duty Truck Group Company Limited. SINOTRUK HONG is traded on Frankfurt Stock Exchange in Germany.
Sinotruk Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sinotruk. 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 Sinotruk 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 Sinotruk's important profitability drivers and their relationship over time.
Use Sinotruk 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 Sinotruk 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 Sinotruk will appreciate offsetting losses from the drop in the long position's value.Sinotruk Pair Trading
Sinotruk Limited Pair Trading Analysis
The ability to find closely correlated positions to Sinotruk could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sinotruk 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 Sinotruk - 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 Sinotruk Limited to buy it.
The correlation of Sinotruk 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 Sinotruk moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sinotruk Limited 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 Sinotruk 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 Sinotruk position
In addition to having Sinotruk 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 Machinery Thematic Idea Now
Machinery
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Machinery 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 Machinery Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Sinotruk Stock
To fully project Sinotruk's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Sinotruk Limited 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 Sinotruk's income statement, its balance sheet, and the statement of cash flows.