Jiangsu Zhongtian Net Income vs. Return On Equity
| 600522 Stock | 15.62 0.22 1.39% |
Net Income | First Reported 2018-06-30 | Previous Quarter 823.7 M | Current Value 851.1 M | Quarterly Volatility 323 M |
For Jiangsu Zhongtian profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Jiangsu Zhongtian to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Jiangsu Zhongtian Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Jiangsu Zhongtian's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Jiangsu Zhongtian Technology over time as well as its relative position and ranking within its peers.
Jiangsu |
Jiangsu Zhongtian Return On Equity vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Jiangsu Zhongtian's current stock value. Our valuation model uses many indicators to compare Jiangsu Zhongtian value to that of its competitors to determine the firm's financial worth. Jiangsu Zhongtian Technology is number one stock in net income category among its peers. It is rated below average in return on equity category among its peers . The ratio of Net Income to Return On Equity for Jiangsu Zhongtian Technology is about 39,152,952,600 . At present, Jiangsu Zhongtian'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 Jiangsu Zhongtian by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Jiangsu Zhongtian'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.Jiangsu 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.
Jiangsu Zhongtian |
| = | 3.12 B |
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.
Jiangsu Zhongtian |
| = | 0.0796 |
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.
Jiangsu Return On Equity Comparison
Jiangsu Zhongtian is currently under evaluation in return on equity category among its peers.
Jiangsu Zhongtian Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Jiangsu Zhongtian, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Jiangsu Zhongtian will eventually generate negative long term returns. The profitability progress is the general direction of Jiangsu Zhongtian's change in net profit over the period of time. It can combine multiple indicators of Jiangsu Zhongtian, 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 | 3.6 B | 3.8 B | |
| Income Before Tax | 3.8 B | 3.9 B | |
| Net Income Applicable To Common Shares | 197.9 M | 188 M | |
| Net Income | 3.1 B | 3.3 B | |
| Income Tax Expense | -27.7 M | -26.3 M | |
| Net Income From Continuing Ops | 3.2 B | 2.2 B | |
| Total Other Income Expense Net | 246.8 M | 278.2 M | |
| Net Interest Income | -27.6 M | -29 M | |
| Interest Income | 188.2 M | 197.6 M | |
| Change To Netincome | 4.7 B | 5 B |
Jiangsu Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Jiangsu Zhongtian. 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 Jiangsu Zhongtian 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 Jiangsu Zhongtian's important profitability drivers and their relationship over time.
Use Jiangsu Zhongtian 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 Jiangsu Zhongtian 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 Jiangsu Zhongtian will appreciate offsetting losses from the drop in the long position's value.Jiangsu Zhongtian Pair Trading
Jiangsu Zhongtian Technology Pair Trading Analysis
The ability to find closely correlated positions to Jiangsu Zhongtian could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Jiangsu Zhongtian 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 Jiangsu Zhongtian - 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 Jiangsu Zhongtian Technology to buy it.
The correlation of Jiangsu Zhongtian 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 Jiangsu Zhongtian moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jiangsu Zhongtian 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 Jiangsu Zhongtian 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 Jiangsu Zhongtian position
In addition to having Jiangsu Zhongtian 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 Jiangsu Stock
To fully project Jiangsu Zhongtian's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Jiangsu Zhongtian 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 Jiangsu Zhongtian's income statement, its balance sheet, and the statement of cash flows.