Hainan Mining Net Income vs. Gross Profit
| 601969 Stock | 7.99 0.23 2.80% |
Net Income | First Reported 2018-06-30 | Previous Quarter 247.4 M | Current Value 155.4 M | Quarterly Volatility 166.5 M |
For Hainan Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hainan Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hainan Mining Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hainan Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hainan Mining Co over time as well as its relative position and ranking within its peers.
Hainan |
Hainan Mining Gross Profit vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hainan Mining's current stock value. Our valuation model uses many indicators to compare Hainan Mining value to that of its competitors to determine the firm's financial worth. Hainan Mining Co is rated below average in net income category among its peers. It is rated below average in gross profit category among its peers fabricating about 2.19 of Gross Profit per Net Income. At present, Hainan Mining's Net Income is projected to decrease 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 Hainan Mining by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Hainan Mining'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.Hainan Gross Profit 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.
Hainan Mining |
| = | 625.36 M |
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.
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.
Hainan Mining |
| = | 1.37 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.
Hainan Gross Profit Comparison
Hainan Mining is currently under evaluation in gross profit category among its peers.
Hainan Mining Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hainan Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hainan Mining will eventually generate negative long term returns. The profitability progress is the general direction of Hainan Mining's change in net profit over the period of time. It can combine multiple indicators of Hainan Mining, 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 | 964.1 M | 1 B | |
| Income Before Tax | 823.1 M | 864.2 M | |
| Net Income Applicable To Common Shares | 553.6 M | 288.7 M | |
| Net Income | 625.4 M | 656.6 M | |
| Income Tax Expense | 128 M | 103.4 M | |
| Net Income From Continuing Ops | 625.6 M | 656.9 M | |
| Total Other Income Expense Net | -83 M | -87.2 M | |
| Net Interest Income | -24.1 M | -25.3 M | |
| Interest Income | 61.3 M | 64.3 M | |
| Change To Netincome | 110.5 M | 82.5 M |
Hainan Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hainan Mining. 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 Hainan Mining 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 Hainan Mining's important profitability drivers and their relationship over time.
Use Hainan Mining 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 Hainan Mining 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 Hainan Mining will appreciate offsetting losses from the drop in the long position's value.Hainan Mining Pair Trading
Hainan Mining Co Pair Trading Analysis
The ability to find closely correlated positions to Hainan Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hainan Mining 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 Hainan Mining - 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 Hainan Mining Co to buy it.
The correlation of Hainan Mining 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 Hainan Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hainan Mining 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 Hainan Mining 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 Hainan Mining position
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Other Information on Investing in Hainan Stock
To fully project Hainan Mining's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hainan Mining 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 Hainan Mining's income statement, its balance sheet, and the statement of cash flows.