Ningbo Tip Total Debt vs. Gross Profit

605255 Stock   14.36  0.13  0.90%   
Considering Ningbo Tip's profitability and operating efficiency indicators, Ningbo Tip Rubber may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Ningbo Tip's ability to earn profits and add value for shareholders.
For Ningbo Tip profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ningbo Tip to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ningbo Tip Rubber utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ningbo Tip's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ningbo Tip Rubber 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 Tip's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ningbo Tip is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ningbo Tip'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 Tip Rubber Gross Profit vs. Total Debt Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Ningbo Tip's current stock value. Our valuation model uses many indicators to compare Ningbo Tip value to that of its competitors to determine the firm's financial worth.
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Ningbo Tip Rubber is the top company in total debt category among its peers. It also is number one stock in gross profit category among its peers fabricating about  1.91  of Gross Profit per Total Debt. At present, Ningbo Tip's Gross Profit 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 Ningbo Tip by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ningbo Tip'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 Total Debt vs. Competition

Ningbo Tip Rubber is the top company in total debt category among its peers. Total debt of Consumer Discretionary industry is presently estimated at about 2.29 Billion. Ningbo Tip holds roughly 60.67 Million in total debt claiming about 2.65% of stocks in Consumer Discretionary industry.
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Total debt  Capitalization  Valuation  Workforce  Revenue

Ningbo Gross Profit 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.

Ningbo Tip

Total Debt

 = 

Bonds

+

Notes

 = 
60.67 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.
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 Tip

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
115.86 M
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.

Ningbo Gross Profit Comparison

Ningbo Tip is currently under evaluation in gross profit category among its peers.

Ningbo Tip Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Ningbo Tip, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ningbo Tip will eventually generate negative long term returns. The profitability progress is the general direction of Ningbo Tip's change in net profit over the period of time. It can combine multiple indicators of Ningbo Tip, 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
Net Interest Income336.6 K319.8 K
Interest Income555.6 K1.1 M
Operating Income38.6 M39.4 M
Net Income From Continuing Ops30.6 M37.8 M
Income Before Tax42.4 M45.4 M
Net Income Applicable To Common Shares35.5 M48.1 M
Net Income30.6 M37.8 M
Income Tax Expense7.1 M7.1 M
Change To Netincome-7.5 M-7.9 M

Ningbo Profitability Driver Comparison

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

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

Ningbo Tip Pair Trading

Ningbo Tip Rubber Pair Trading Analysis

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

Use Investing Themes to Complement your Ningbo Tip position

In addition to having Ningbo Tip 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 Railroads Thematic Idea Now

Railroads
Railroads Theme
Companies involved in manufacturing and maintenance of freight railroads and passenger trains as well as providing railroad services to public. The Railroads theme has 46 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 Railroads Theme or any other thematic opportunities.
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Other Information on Investing in Ningbo Stock

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