Zhaojin Mining Revenue vs. Current Valuation
| ZVL Stock | EUR 1.39 0.01 0.72% |
For Zhaojin Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Zhaojin Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Zhaojin Mining Industry utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Zhaojin Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Zhaojin Mining Industry over time as well as its relative position and ranking within its peers.
Zhaojin |
Zhaojin Mining Industry Current Valuation vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Zhaojin Mining's current stock value. Our valuation model uses many indicators to compare Zhaojin Mining value to that of its competitors to determine the firm's financial worth. Zhaojin Mining Industry is rated second in revenue category among its peers. It is rated first in current valuation category among its peers reporting about 0.79 of Current Valuation per Revenue. The ratio of Revenue to Current Valuation for Zhaojin Mining Industry is roughly 1.27 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Zhaojin Mining's earnings, one of the primary drivers of an investment's value.Zhaojin Revenue vs. Competition
Zhaojin Mining Industry is rated second in revenue category among its peers. Market size based on revenue of Gold industry is at this time estimated at about 138.37 Billion. Zhaojin Mining holds roughly 6.86 Billion in revenue claiming about 5% of equities under Gold industry.
Zhaojin Current Valuation vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Zhaojin Mining |
| = | 6.86 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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.
Zhaojin Mining |
| = | 5.4 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.
Zhaojin Current Valuation vs Competition
Zhaojin Mining Industry is rated first in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Gold industry is at this time estimated at about 36.15 Billion. Zhaojin Mining retains roughly 5.4 Billion in current valuation claiming about 15% of equities under Gold industry.
Zhaojin Mining Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Zhaojin Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Zhaojin Mining will eventually generate negative long term returns. The profitability progress is the general direction of Zhaojin Mining's change in net profit over the period of time. It can combine multiple indicators of Zhaojin Mining, 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.
Zhaojin Mining Industry Company Limited, an investment holding company, engages in the exploration, mining, processing, smelting, and sale of gold, silver, and copper products in the Peoples Republic of China. Zhaojin Mining Industry Company Limited was founded in 2004 and is headquartered in Zhaoyuan, the Peoples Republic of China. Zhaojin Mining operates under Gold classification in Germany and is traded on Frankfurt Stock Exchange. It employs 6351 people.
Zhaojin Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Zhaojin Mining. 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 Zhaojin Mining 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 Zhaojin Mining's important profitability drivers and their relationship over time.
Use Zhaojin Mining 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 Zhaojin Mining 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 Zhaojin Mining will appreciate offsetting losses from the drop in the long position's value.Zhaojin Mining Pair Trading
Zhaojin Mining Industry Pair Trading Analysis
The ability to find closely correlated positions to Zhaojin Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zhaojin Mining 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 Zhaojin Mining - 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 Zhaojin Mining Industry to buy it.
The correlation of Zhaojin Mining 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 Zhaojin Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zhaojin Mining Industry 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 Zhaojin Mining 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 Zhaojin Mining position
In addition to having Zhaojin Mining 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 Zhaojin Stock
To fully project Zhaojin Mining's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Zhaojin Mining Industry 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 Zhaojin Mining's income statement, its balance sheet, and the statement of cash flows.