Power Construction Shares Outstanding vs. Return On Asset
| 601669 Stock | 5.57 0.03 0.54% |
For Power Construction profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Power Construction to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Power Construction Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Power Construction's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Power Construction Corp over time as well as its relative position and ranking within its peers.
Power |
Power Construction Corp Return On Asset vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Power Construction's current stock value. Our valuation model uses many indicators to compare Power Construction value to that of its competitors to determine the firm's financial worth. Power Construction Corp is number one stock in shares outstanding category among its peers. It also is number one stock in return on asset category among its peers . The ratio of Shares Outstanding to Return On Asset for Power Construction Corp is about 1,063,345,619,753 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Power Construction by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Power 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.Power Return On Asset vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Power Construction |
| = | 17.23 B |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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.
Power Construction |
| = | 0.0162 |
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.
Power Return On Asset Comparison
Power Construction is currently under evaluation in return on asset category among its peers.
Power Construction Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Power Construction, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Power Construction will eventually generate negative long term returns. The profitability progress is the general direction of Power Construction's change in net profit over the period of time. It can combine multiple indicators of Power 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 | 36.8 B | 38.7 B | |
| Income Before Tax | 20.9 B | 11 B | |
| Income Tax Expense | 4.1 B | 2.2 B | |
| Net Income Applicable To Common Shares | 13.2 B | 6.7 B | |
| Net Income | 13 B | 7.2 B | |
| Net Income From Continuing Ops | 17.2 B | 12.3 B | |
| Total Other Income Expense Net | -4.4 B | -4.6 B | |
| Net Interest Income | -10 B | -10.5 B | |
| Interest Income | 5.6 B | 4.1 B | |
| Change To Netincome | 13.7 B | 12.8 B |
Power Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Power 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 Power 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 Power Construction's important profitability drivers and their relationship over time.
Use Power 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 Power 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 Power Construction will appreciate offsetting losses from the drop in the long position's value.Power Construction Pair Trading
Power Construction Corp Pair Trading Analysis
The ability to find closely correlated positions to Power 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 Power 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 Power 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 Power Construction Corp to buy it.
The correlation of Power 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 Power Construction moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Power Construction Corp 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 Power 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 Power Construction position
In addition to having Power 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?
Run Theme ETFs Thematic Idea Now
Theme ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Theme ETFs theme has 484 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 Theme ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Power Stock
To fully project Power Construction's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Power Construction Corp 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 Power Construction's income statement, its balance sheet, and the statement of cash flows.