Anyang Iron Profitability Analysis

600569 Stock   2.10  0.04  1.87%   
Considering Anyang Iron's profitability and operating efficiency indicators, Anyang Iron Steel may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Anyang Iron's ability to earn profits and add value for shareholders.
 
Net Loss  
First Reported
2018-06-30
Previous Quarter
-779.1 M
Current Value
-912.6 M
Quarterly Volatility
516 M
 
Covid
For Anyang Iron profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Anyang Iron to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Anyang Iron Steel utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Anyang Iron's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Anyang Iron Steel 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 Anyang Iron's value and its price as these two are different measures arrived at by different means. Investors typically determine if Anyang Iron is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Anyang Iron'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.

Anyang Iron Steel Return On Asset vs. Return On Equity Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Anyang Iron's current stock value. Our valuation model uses many indicators to compare Anyang Iron value to that of its competitors to determine the firm's financial worth.
Anyang Iron Steel is rated fourth in return on equity category among its peers. It also is rated fourth in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Anyang Iron by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Anyang Iron'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.

Anyang Return On Asset vs. Return On Equity

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.

Anyang Iron

Return On Equity

 = 

Net Income

Total Equity

 = 
-0.47
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.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Anyang Iron

Return On Asset

 = 

Net Income

Total Assets

 = 
-0.0486
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.

Anyang Return On Asset Comparison

Anyang Iron is currently under evaluation in return on asset category among its peers.

Anyang Iron Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Anyang Iron, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Anyang Iron will eventually generate negative long term returns. The profitability progress is the general direction of Anyang Iron's change in net profit over the period of time. It can combine multiple indicators of Anyang Iron, 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
Operating Income-1.6 B-1.5 B
Income Before Tax-2.2 B-2.1 B
Net Income Applicable To Common Shares925.5 M971.8 M
Net Loss-1.6 B-1.5 B
Income Tax Expense-97.6 M-92.8 M
Net Loss-1.6 B-1.5 B
Total Other Income Expense Net-816.5 M-857.3 M
Net Interest Income-567.6 M-595.9 M
Interest Income118.5 M125.8 M
Change To Netincome634.6 M816.6 M

Anyang Profitability Driver Comparison

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

Use Anyang Iron 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 Anyang Iron 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 Anyang Iron will appreciate offsetting losses from the drop in the long position's value.

Anyang Iron Pair Trading

Anyang Iron Steel Pair Trading Analysis

The ability to find closely correlated positions to Anyang Iron could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Anyang Iron 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 Anyang Iron - 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 Anyang Iron Steel to buy it.
The correlation of Anyang Iron 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 Anyang Iron moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Anyang Iron Steel 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 Anyang Iron 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 Anyang Iron position

In addition to having Anyang Iron 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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Small Growth Funds
Small Growth Funds Theme
Funds or Etfs that invest in stocks of small to mid-sized companies with above-average risk and growth rate that usually reinvest their earnings back into business. The Small Growth Funds theme has 46 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 Small Growth Funds Theme or any other thematic opportunities.
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Other Information on Investing in Anyang Stock

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