Zhibao Historical Financial Ratios
| ZBAO Stock | 2.34 0.12 4.88% |
Zhibao Technology is currently reporting on over 74 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Price To Sales Ratio of 10.67, Dividend Yield of 0.0, PTB Ratio of 25.03 or Days Sales Outstanding of 454 will help investors to properly organize and evaluate Zhibao Technology Class financial condition quickly.
Zhibao |
About Zhibao Financial Ratios Analysis
Zhibao Technology ClassFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Zhibao Technology investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Zhibao financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Zhibao Technology history.
Zhibao Technology Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Zhibao Technology Class stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Zhibao Technology sales, a figure that is much harder to manipulate than other Zhibao Technology Class multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Most ratios from Zhibao Technology's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Zhibao Technology Class current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zhibao Technology Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, Zhibao Technology's Intangibles To Total Assets are very stable compared to the past year. As of the 13th of December 2024, Net Debt To EBITDA is likely to grow to 0.18, while Days Sales Outstanding is likely to drop 454.28.
| 2023 | 2024 (projected) | Payables Turnover | 0.67 | 0.64 | Days Of Inventory On Hand | 2.8K | 2.5K |
Zhibao Technology fundamentals Correlations
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Zhibao Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Zhibao Technology
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 Zhibao Technology 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 Zhibao Technology will appreciate offsetting losses from the drop in the long position's value.Moving together with Zhibao Stock
Moving against Zhibao Stock
| 0.81 | BK | Bank of New York Sell-off Trend | PairCorr |
| 0.8 | EHTH | eHealth | PairCorr |
| 0.8 | L | Loews Corp | PairCorr |
| 0.79 | BN | Brookfield Corp | PairCorr |
| 0.78 | C | Citigroup Fiscal Year End 10th of January 2025 | PairCorr |
The ability to find closely correlated positions to Zhibao Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zhibao Technology 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 Zhibao Technology - 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 Zhibao Technology Class to buy it.
The correlation of Zhibao Technology 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 Zhibao Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zhibao Technology Class 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 Zhibao Technology 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.Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zhibao Technology Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Insurance Brokers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Zhibao Technology. If investors know Zhibao will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Zhibao Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.27) | Revenue Per Share 12.565 | Quarterly Revenue Growth (0.08) | Return On Assets (0.13) | Return On Equity (2.75) |
The market value of Zhibao Technology Class is measured differently than its book value, which is the value of Zhibao that is recorded on the company's balance sheet. Investors also form their own opinion of Zhibao Technology's value that differs from its market value or its book value, called intrinsic value, which is Zhibao Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Zhibao Technology's market value can be influenced by many factors that don't directly affect Zhibao Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Zhibao Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zhibao Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zhibao Technology'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.