Qianhe CondimentFood Total Debt vs. Current Valuation
| 603027 Stock | 12.73 0.08 0.62% |
For Qianhe CondimentFood profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Qianhe CondimentFood to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Qianhe CondimentFood Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Qianhe CondimentFood's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Qianhe CondimentFood Co over time as well as its relative position and ranking within its peers.
Qianhe |
Qianhe CondimentFood Current Valuation vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Qianhe CondimentFood's current stock value. Our valuation model uses many indicators to compare Qianhe CondimentFood value to that of its competitors to determine the firm's financial worth. Qianhe CondimentFood Co is rated below average in total debt category among its peers. It is rated below average in current valuation category among its peers reporting about 19.35 of Current Valuation per Total Debt. Comparative valuation analysis is a catch-all model that can be used if you cannot value Qianhe CondimentFood by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Qianhe CondimentFood'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.Qianhe Total Debt vs. Competition
Qianhe CondimentFood Co is rated below average in total debt category among its peers. Total debt of Materials industry is presently estimated at about 311.74 Billion. Qianhe CondimentFood adds roughly 615.43 Million in total debt claiming only tiny portion of all equities under Materials industry.
Qianhe Current Valuation vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Qianhe CondimentFood |
| = | 615.43 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Qianhe CondimentFood |
| = | 11.91 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Qianhe Current Valuation vs Competition
Qianhe CondimentFood Co is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is presently estimated at about 1.94 Trillion. Qianhe CondimentFood maintains roughly 11.91 Billion in current valuation contributing less than 1% to all equities under Materials industry.
Qianhe CondimentFood Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Qianhe CondimentFood, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Qianhe CondimentFood will eventually generate negative long term returns. The profitability progress is the general direction of Qianhe CondimentFood's change in net profit over the period of time. It can combine multiple indicators of Qianhe CondimentFood, 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 | 592.4 M | 622.1 M | |
| Income Before Tax | 629.2 M | 660.7 M | |
| Income Tax Expense | 45.8 M | 28.1 M | |
| Net Income From Continuing Ops | 530.4 M | 557 M | |
| Total Other Income Expense Net | 114.1 M | 119.8 M | |
| Net Income Applicable To Common Shares | 395.5 M | 209 M | |
| Net Income | 530.4 M | 557 M | |
| Net Interest Income | 27 M | 28.3 M | |
| Interest Income | 27.1 M | 28.5 M | |
| Change To Netincome | 5 M | 5.2 M |
Qianhe Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Qianhe CondimentFood. 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 Qianhe CondimentFood 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 Qianhe CondimentFood's important profitability drivers and their relationship over time.
Use Qianhe CondimentFood 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 Qianhe CondimentFood 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 Qianhe CondimentFood will appreciate offsetting losses from the drop in the long position's value.Qianhe CondimentFood Pair Trading
Qianhe CondimentFood Co Pair Trading Analysis
The ability to find closely correlated positions to Qianhe CondimentFood could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Qianhe CondimentFood 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 Qianhe CondimentFood - 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 Qianhe CondimentFood Co to buy it.
The correlation of Qianhe CondimentFood 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 Qianhe CondimentFood moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Qianhe CondimentFood 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 Qianhe CondimentFood 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 Qianhe CondimentFood position
In addition to having Qianhe CondimentFood 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?
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Other Information on Investing in Qianhe Stock
To fully project Qianhe CondimentFood's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Qianhe CondimentFood 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 Qianhe CondimentFood's income statement, its balance sheet, and the statement of cash flows.