Ming Yang Gross Profit vs. Shares Owned By Insiders

601615 Stock   13.05  0.10  0.76%   
Considering the key profitability indicators obtained from Ming Yang's historical financial statements, Ming Yang Smart 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 Ming Yang's ability to earn profits and add value for shareholders.
 
Gross Profit  
First Reported
2019-03-31
Previous Quarter
1.2 B
Current Value
868.5 M
Quarterly Volatility
524.8 M
 
Covid
For Ming Yang profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ming Yang to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ming Yang Smart utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ming Yang's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ming Yang Smart 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 Ming Yang's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ming Yang is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ming Yang'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.

Ming Yang Smart Shares Owned By Insiders vs. Gross Profit Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Ming Yang's current stock value. Our valuation model uses many indicators to compare Ming Yang value to that of its competitors to determine the firm's financial worth.
Ming Yang Smart is number one stock in gross profit category among its peers. It also is number one stock in shares owned by insiders category among its peers . The ratio of Gross Profit to Shares Owned By Insiders for Ming Yang Smart is about  228,793,789 . At present, Ming Yang's Gross Profit 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 Ming Yang by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ming Yang'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.

Ming Shares Owned By Insiders 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.

Ming Yang

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
5.74 B
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.
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.

Ming Yang

Insiders Shares

 = 

Executives Shares

+

Employees

 = 
25.08 %
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.

Ming Shares Owned By Insiders Comparison

Ming Yang is currently under evaluation in shares owned by insiders category among its peers.

Ming Yang Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Ming Yang, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ming Yang will eventually generate negative long term returns. The profitability progress is the general direction of Ming Yang's change in net profit over the period of time. It can combine multiple indicators of Ming Yang, 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
Net Interest Income-177.6 M-186.5 M
Interest Income235.7 M131.8 M
Operating Income378.8 M359.8 M
Net Income From Continuing Ops380.1 M361.1 M
Income Before Tax354.7 M336.9 M
Net Income Applicable To Common Shares3.6 B3.7 B
Net Income372.5 M353.8 M
Income Tax Expense724.5 M760.7 M
Change To Netincome-292.9 M-278.2 M

Ming Profitability Driver Comparison

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

Use Ming Yang 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 Ming Yang 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 Ming Yang will appreciate offsetting losses from the drop in the long position's value.

Ming Yang Pair Trading

Ming Yang Smart Pair Trading Analysis

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

In addition to having Ming Yang 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 Gambling Thematic Idea Now

Gambling
Gambling Theme
Companies that are related to providing gambling services across multiple geographical areas by investing, exploring, or producing software, hardware, and related infrastructure for running gambling operations or trading speculative assets. The Gambling theme has 38 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 Gambling Theme or any other thematic opportunities.
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Other Information on Investing in Ming Stock

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