Xingguang Agricultural Total Debt vs. Price To Book
| 603789 Stock | 10.08 0.56 5.26% |
For Xingguang Agricultural profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Xingguang Agricultural to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Xingguang Agricultural Mach utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Xingguang Agricultural's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Xingguang Agricultural Mach over time as well as its relative position and ranking within its peers.
Xingguang |
Xingguang Agricultural Price To Book vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Xingguang Agricultural's current stock value. Our valuation model uses many indicators to compare Xingguang Agricultural value to that of its competitors to determine the firm's financial worth. Xingguang Agricultural Mach is the top company in total debt category among its peers. It also is number one stock in price to book category among its peers . The ratio of Total Debt to Price To Book for Xingguang Agricultural Mach is about 14,220,742 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Xingguang Agricultural by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Xingguang Agricultural'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.Xingguang Total Debt vs. Competition
Xingguang Agricultural Mach is the top company in total debt category among its peers. Total debt of Industrials industry is presently estimated at about 3.15 Billion. Xingguang Agricultural holds roughly 112.66 Million in total debt claiming about 4% of equities under Industrials industry.
Xingguang Price To Book 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.
Xingguang Agricultural |
| = | 112.66 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.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Xingguang Agricultural |
| = | 7.92 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Xingguang Price To Book Comparison
Xingguang Agricultural is currently under evaluation in price to book category among its peers.
Xingguang Agricultural Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Xingguang Agricultural, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Xingguang Agricultural will eventually generate negative long term returns. The profitability progress is the general direction of Xingguang Agricultural's change in net profit over the period of time. It can combine multiple indicators of Xingguang Agricultural, 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 | -57.9 M | -55 M | |
| Income Before Tax | -54.2 M | -51.5 M | |
| Net Loss | -166.9 M | -158.6 M | |
| Net Loss | -55.8 M | -53 M | |
| Income Tax Expense | -21.8 M | -20.7 M | |
| Net Loss | -60.9 M | -63.9 M | |
| Total Other Income Expense Net | -24.8 M | -23.6 M | |
| Net Interest Income | -11.9 M | -11.3 M | |
| Interest Income | 1.4 M | 1.9 M | |
| Change To Netincome | 116.2 M | 67.7 M |
Xingguang Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Xingguang Agricultural. 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 Xingguang Agricultural 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 Xingguang Agricultural's important profitability drivers and their relationship over time.
Use Xingguang Agricultural 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 Xingguang Agricultural 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 Xingguang Agricultural will appreciate offsetting losses from the drop in the long position's value.Xingguang Agricultural Pair Trading
Xingguang Agricultural Mach Pair Trading Analysis
The ability to find closely correlated positions to Xingguang Agricultural could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Xingguang Agricultural 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 Xingguang Agricultural - 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 Xingguang Agricultural Mach to buy it.
The correlation of Xingguang Agricultural 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 Xingguang Agricultural moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Xingguang Agricultural 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 Xingguang Agricultural 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 Xingguang Agricultural position
In addition to having Xingguang Agricultural 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 Outsourcing Thematic Idea Now
Outsourcing
Companies involved in providing outsourcing and staffing services to business across different domains. The Outsourcing theme has 32 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 Outsourcing Theme or any other thematic opportunities.
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Other Information on Investing in Xingguang Stock
To fully project Xingguang Agricultural's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Xingguang Agricultural 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 Xingguang Agricultural's income statement, its balance sheet, and the statement of cash flows.