Foxconn Industrial Net Income vs. Return On Asset

601138 Stock   22.02  0.17  0.77%   
Taking into consideration Foxconn Industrial's profitability measurements, Foxconn Industrial Internet may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Foxconn Industrial's ability to earn profits and add value for shareholders.
 
Net Income  
First Reported
2019-03-31
Previous Quarter
4.6 B
Current Value
6.4 B
Quarterly Volatility
2.2 B
 
Covid
For Foxconn Industrial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Foxconn Industrial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Foxconn Industrial Internet utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Foxconn Industrial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Foxconn Industrial Internet over time as well as its relative position and ranking within its peers.
  
Check out Trending Equities.
Please note, there is a significant difference between Foxconn Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Foxconn Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Foxconn Industrial'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.

Foxconn Industrial Return On Asset vs. Net Income Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Foxconn Industrial's current stock value. Our valuation model uses many indicators to compare Foxconn Industrial value to that of its competitors to determine the firm's financial worth.
Foxconn Industrial Internet is number one stock in net income category among its peers. It is rated second in return on asset category among its peers . The ratio of Net Income to Return On Asset for Foxconn Industrial Internet is about  394,011,104,869 . At present, Foxconn Industrial'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 Foxconn Industrial by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Foxconn Industrial'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.

Foxconn Return On Asset 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.

Foxconn Industrial

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
21.04 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 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.

Foxconn Industrial

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0534
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.

Foxconn Return On Asset Comparison

Foxconn Industrial is currently under evaluation in return on asset category among its peers.

Foxconn Industrial Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Foxconn Industrial, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Foxconn Industrial will eventually generate negative long term returns. The profitability progress is the general direction of Foxconn Industrial's change in net profit over the period of time. It can combine multiple indicators of Foxconn Industrial, 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 Income23.2 B22.6 B
Income Before Tax23.1 B22.4 B
Income Tax Expense1.7 B2.2 B
Net Interest Income-207.7 M-197.3 M
Interest Income2.3 B1.4 B
Net Income From Continuing Ops21 B19.9 B
Net Income Applicable To Common Shares23.1 B19.4 B
Net Income21 B19.8 B
Change To Netincome2.2 B1.5 B

Foxconn Profitability Driver Comparison

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

Use Foxconn Industrial 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 Foxconn Industrial 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 Foxconn Industrial will appreciate offsetting losses from the drop in the long position's value.

Foxconn Industrial Pair Trading

Foxconn Industrial Internet Pair Trading Analysis

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

In addition to having Foxconn Industrial 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 Coal Thematic Idea Now

Coal
Coal Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Coal theme has 13 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 Coal Theme or any other thematic opportunities.
View All  Next Launch

Other Information on Investing in Foxconn Stock

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