Xinyaqiang Silicon Shares Outstanding vs. Net Income
| 603155 Stock | 12.55 0.25 2.03% |
For Xinyaqiang Silicon profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Xinyaqiang Silicon to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Xinyaqiang Silicon Chemistry utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Xinyaqiang Silicon's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Xinyaqiang Silicon Chemistry over time as well as its relative position and ranking within its peers.
Xinyaqiang |
Xinyaqiang Silicon Net Income vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Xinyaqiang Silicon's current stock value. Our valuation model uses many indicators to compare Xinyaqiang Silicon value to that of its competitors to determine the firm's financial worth. Xinyaqiang Silicon Chemistry is rated fourth in shares outstanding category among its peers. It also is rated fourth in net income category among its peers making up about 0.39 of Net Income per Shares Outstanding. The ratio of Shares Outstanding to Net Income for Xinyaqiang Silicon Chemistry is roughly 2.56 . At present, Xinyaqiang Silicon'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 Xinyaqiang Silicon by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Xinyaqiang Silicon'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.Xinyaqiang Net Income 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.
Xinyaqiang Silicon |
| = | 315.79 M |
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.
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.
Xinyaqiang Silicon |
| = | 123.44 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.
Xinyaqiang Net Income Comparison
Xinyaqiang Silicon is currently under evaluation in net income category among its peers.
Xinyaqiang Silicon Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Xinyaqiang Silicon, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Xinyaqiang Silicon will eventually generate negative long term returns. The profitability progress is the general direction of Xinyaqiang Silicon's change in net profit over the period of time. It can combine multiple indicators of Xinyaqiang Silicon, 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 | ||
| Net Interest Income | 15.3 M | 7.8 M | |
| Interest Income | 16.3 M | 17.1 M | |
| Operating Income | 92.1 M | 177.5 M | |
| Net Income From Continuing Ops | 110.8 M | 179.3 M | |
| Income Before Tax | 127.2 M | 206.8 M | |
| Net Income | 111.1 M | 179.4 M |
Xinyaqiang Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Xinyaqiang Silicon. 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 Xinyaqiang Silicon 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 Xinyaqiang Silicon's important profitability drivers and their relationship over time.
Use Xinyaqiang Silicon 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 Xinyaqiang Silicon 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 Xinyaqiang Silicon will appreciate offsetting losses from the drop in the long position's value.Xinyaqiang Silicon Pair Trading
Xinyaqiang Silicon Chemistry Pair Trading Analysis
The ability to find closely correlated positions to Xinyaqiang Silicon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Xinyaqiang Silicon 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 Xinyaqiang Silicon - 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 Xinyaqiang Silicon Chemistry to buy it.
The correlation of Xinyaqiang Silicon 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 Xinyaqiang Silicon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Xinyaqiang Silicon 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 Xinyaqiang Silicon 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 Xinyaqiang Silicon position
In addition to having Xinyaqiang Silicon 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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Compulsion
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Other Information on Investing in Xinyaqiang Stock
To fully project Xinyaqiang Silicon's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Xinyaqiang Silicon 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 Xinyaqiang Silicon's income statement, its balance sheet, and the statement of cash flows.