Tengda Construction Total Debt vs. Net Income
| 600512 Stock | 2.67 0.11 3.96% |
For Tengda Construction profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tengda Construction to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tengda Construction Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tengda Construction's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tengda Construction Group over time as well as its relative position and ranking within its peers.
Tengda |
Tengda Construction Net Income vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tengda Construction's current stock value. Our valuation model uses many indicators to compare Tengda Construction value to that of its competitors to determine the firm's financial worth. Tengda Construction Group is the top company in total debt category among its peers. It also is number one stock in net income category among its peers making up about 11.77 of Net Income per Total Debt. At present, Tengda Construction'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 Tengda Construction by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Tengda Construction'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.Tengda Total Debt vs. Competition
Tengda Construction Group is the top company in total debt category among its peers. Total debt of Industrials industry is presently estimated at about 73.28 Billion. Tengda Construction adds roughly 4 Million in total debt claiming only tiny portion of equities under Industrials industry.
Tengda 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.
Tengda Construction |
| = | 4 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.
Tengda Construction |
| = | 47.07 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.
Tengda Net Income Comparison
Tengda Construction is currently under evaluation in net income category among its peers.
Tengda Construction Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Tengda Construction, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tengda Construction will eventually generate negative long term returns. The profitability progress is the general direction of Tengda Construction's change in net profit over the period of time. It can combine multiple indicators of Tengda Construction, 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 | -22.8 M | -21.7 M | |
| Income Before Tax | 36.6 M | 34.8 M | |
| Net Income Applicable To Common Shares | 19 M | 18 M | |
| Net Income | 47.1 M | 44.7 M | |
| Income Tax Expense | 43.3 M | 45.3 M | |
| Net Income From Continuing Ops | 35.4 M | 33.6 M | |
| Total Other Income Expense Net | -206 M | -195.7 M | |
| Net Interest Income | -28.1 M | -29.5 M | |
| Interest Income | 25.4 M | 29.5 M | |
| Change To Netincome | 243.2 M | 255.3 M |
Tengda Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tengda Construction. 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 Tengda Construction 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 Tengda Construction's important profitability drivers and their relationship over time.
Use Tengda Construction 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 Tengda Construction 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 Tengda Construction will appreciate offsetting losses from the drop in the long position's value.Tengda Construction Pair Trading
Tengda Construction Group Pair Trading Analysis
The ability to find closely correlated positions to Tengda Construction could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tengda Construction 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 Tengda Construction - 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 Tengda Construction Group to buy it.
The correlation of Tengda Construction 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 Tengda Construction moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tengda Construction 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 Tengda Construction 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 Tengda Construction position
In addition to having Tengda Construction 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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Farming
Companies producing farming products and providing services for farmers. The Farming theme has 37 constituents at this time.
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Other Information on Investing in Tengda Stock
To fully project Tengda Construction's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Tengda Construction 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 Tengda Construction's income statement, its balance sheet, and the statement of cash flows.