Ningbo Construction Gross Profit vs. Market Capitalization

601789 Stock   4.83  0.15  3.01%   
Considering Ningbo Construction's profitability and operating efficiency indicators, Ningbo Construction Co 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 Ningbo Construction's ability to earn profits and add value for shareholders.
 
Gross Profit  
First Reported
2011-09-30
Previous Quarter
480.3 M
Current Value
489.9 M
Quarterly Volatility
121 M
 
Yuan Drop
 
Covid
For Ningbo Construction profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ningbo Construction to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ningbo Construction Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ningbo Construction's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ningbo Construction Co 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 Ningbo Construction's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ningbo Construction is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ningbo Construction'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.

Ningbo Construction Market Capitalization vs. Gross Profit Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Ningbo Construction's current stock value. Our valuation model uses many indicators to compare Ningbo Construction value to that of its competitors to determine the firm's financial worth.
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Ningbo Construction Co is rated fifth in gross profit category among its peers. It is number one stock in market capitalization category among its peers creating about  3.05  of Market Capitalization per Gross Profit. At present, Ningbo Construction'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 Ningbo Construction by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ningbo 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.

Ningbo Market Capitalization 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.

Ningbo Construction

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
1.73 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.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.

Ningbo Construction

Market Cap

 = 

Shares Outstanding

X

Share Price

 = 
5.27 B
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.

Ningbo Market Capitalization vs Competition

Ningbo Construction Co is number one stock in market capitalization category among its peers. Market capitalization of Industrials industry is presently estimated at about 116.84 Billion. Ningbo Construction holds roughly 5.27 Billion in market capitalization claiming about 5% of equities under Industrials industry.
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Capitalization  Valuation  Total debt  Revenue  Workforce

Ningbo Construction Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Ningbo Construction, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ningbo Construction will eventually generate negative long term returns. The profitability progress is the general direction of Ningbo Construction's change in net profit over the period of time. It can combine multiple indicators of Ningbo 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 ReportedProjected for Next Year
Operating Income777.6 M435.3 M
Income Before Tax379.7 M309.7 M
Net Income Applicable To Common Shares401.1 M221.8 M
Net Income329.4 M230.6 M
Income Tax Expense58.6 M69.7 M
Net Income From Continuing Ops345.9 M311.3 M
Total Other Income Expense Net-207.2 M-217.6 M
Net Interest Income-163.4 M-171.6 M
Interest Income44 M32.5 M
Change To Netincome243.8 M220 M

Ningbo Profitability Driver Comparison

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

Use Ningbo 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 Ningbo 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 Ningbo Construction will appreciate offsetting losses from the drop in the long position's value.

Ningbo Construction Pair Trading

Ningbo Construction Co Pair Trading Analysis

The ability to find closely correlated positions to Ningbo 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 Ningbo 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 Ningbo 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 Ningbo Construction Co to buy it.
The correlation of Ningbo 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 Ningbo Construction moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ningbo Construction 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 Ningbo 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.
Pair CorrelationCorrelation Matching

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Other Information on Investing in Ningbo Stock

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