Guangdong Cellwise Total Asset vs. Net Income
| 688325 Stock | 53.71 2.10 4.07% |
Guangdong Cellwise Total Assets |
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For Guangdong Cellwise profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Guangdong Cellwise to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Guangdong Cellwise Microelectronics utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Guangdong Cellwise's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Guangdong Cellwise Microelectronics over time as well as its relative position and ranking within its peers.
Guangdong |
Guangdong Cellwise Net Income vs. Total Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Guangdong Cellwise's current stock value. Our valuation model uses many indicators to compare Guangdong Cellwise value to that of its competitors to determine the firm's financial worth. Guangdong Cellwise Microelectronics is number one stock in total asset category among its peers. It also is number one stock in net income category among its peers making up about 0.03 of Net Income per Total Asset. The ratio of Total Asset to Net Income for Guangdong Cellwise Microelectronics is roughly 29.35 . At present, Guangdong Cellwise's Total Assets are projected to increase 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 Guangdong Cellwise by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Guangdong Cellwise'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.Guangdong Net Income vs. Total Asset
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Guangdong Cellwise |
| = | 1.75 B |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
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.
Guangdong Cellwise |
| = | 59.77 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.
Guangdong Net Income Comparison
Guangdong Cellwise is currently under evaluation in net income category among its peers.
Guangdong Cellwise Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Guangdong Cellwise, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Guangdong Cellwise will eventually generate negative long term returns. The profitability progress is the general direction of Guangdong Cellwise's change in net profit over the period of time. It can combine multiple indicators of Guangdong Cellwise, 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 | 15.4 M | 7.7 M | |
| Interest Income | 16.8 M | 8.6 M | |
| Operating Income | 17.7 M | 16.8 M | |
| Net Income From Continuing Ops | 59.8 M | 52.1 M | |
| Income Before Tax | 55.1 M | 52.1 M | |
| Net Income | 59.8 M | 52.1 M |
Guangdong Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Guangdong Cellwise. 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 Guangdong Cellwise 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 Guangdong Cellwise's important profitability drivers and their relationship over time.
Use Guangdong Cellwise 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 Guangdong Cellwise 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 Guangdong Cellwise will appreciate offsetting losses from the drop in the long position's value.Guangdong Cellwise Pair Trading
Guangdong Cellwise Microelectronics Pair Trading Analysis
The ability to find closely correlated positions to Guangdong Cellwise could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Guangdong Cellwise 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 Guangdong Cellwise - 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 Guangdong Cellwise Microelectronics to buy it.
The correlation of Guangdong Cellwise 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 Guangdong Cellwise moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Guangdong Cellwise 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 Guangdong Cellwise 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 Guangdong Cellwise position
In addition to having Guangdong Cellwise 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 Business Supplies Thematic Idea Now
Business Supplies
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Supplies theme has 24 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 Business Supplies Theme or any other thematic opportunities.
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Other Information on Investing in Guangdong Stock
To fully project Guangdong Cellwise's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Guangdong Cellwise 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 Guangdong Cellwise's income statement, its balance sheet, and the statement of cash flows.