Chongqing Road Gross Profit vs. Total Debt
| 600106 Stock | 7.67 0.22 2.95% |
Gross Profit | First Reported 2002-06-30 | Previous Quarter 25.7 M | Current Value 25.8 M | Quarterly Volatility 23.1 M |
For Chongqing Road profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Chongqing Road to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Chongqing Road Bridge utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Chongqing Road's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Chongqing Road Bridge over time as well as its relative position and ranking within its peers.
Chongqing |
Chongqing Road Bridge Total Debt vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Chongqing Road's current stock value. Our valuation model uses many indicators to compare Chongqing Road value to that of its competitors to determine the firm's financial worth. Chongqing Road Bridge is number one stock in gross profit category among its peers. It also is the top company in total debt category among its peers making up about 4.46 of Total Debt per Gross Profit. At present, Chongqing Road's Gross Profit 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 Chongqing Road by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Chongqing Road'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.Chongqing Total Debt 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.
Chongqing Road |
| = | 112.15 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.
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.
Chongqing Road |
| = | 500.71 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.
Chongqing Total Debt vs Competition
Chongqing Road Bridge is the top company in total debt category among its peers. Total debt of Industrials industry is presently estimated at about 158.84 Trillion. Chongqing Road adds roughly 500.71 Million in total debt claiming only tiny portion of equities under Industrials industry.
Chongqing Road Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Chongqing Road, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Chongqing Road will eventually generate negative long term returns. The profitability progress is the general direction of Chongqing Road's change in net profit over the period of time. It can combine multiple indicators of Chongqing Road, 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 | 73.5 M | 69.8 M | |
| Income Before Tax | 230.6 M | 215 M | |
| Net Income Applicable To Common Shares | 233.3 M | 192.9 M | |
| Net Income | 211.5 M | 194.5 M | |
| Income Tax Expense | 23.8 M | 20.5 M | |
| Net Income From Continuing Ops | 211.5 M | 193.1 M | |
| Total Other Income Expense Net | 97.4 M | 73.4 M | |
| Net Interest Income | -17.2 M | -18.1 M | |
| Interest Income | 60 M | 40 M | |
| Change To Netincome | -86.1 M | -90.4 M |
Chongqing Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Chongqing Road. 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 Chongqing Road 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 Chongqing Road's important profitability drivers and their relationship over time.
Use Chongqing Road 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 Chongqing Road 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 Chongqing Road will appreciate offsetting losses from the drop in the long position's value.Chongqing Road Pair Trading
Chongqing Road Bridge Pair Trading Analysis
The ability to find closely correlated positions to Chongqing Road could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chongqing Road 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 Chongqing Road - 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 Chongqing Road Bridge to buy it.
The correlation of Chongqing Road 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 Chongqing Road moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chongqing Road Bridge 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 Chongqing Road 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 Chongqing Road position
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Other Information on Investing in Chongqing Stock
To fully project Chongqing Road's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Chongqing Road Bridge 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 Chongqing Road's income statement, its balance sheet, and the statement of cash flows.