XCMG Construction Return On Asset vs. Shares Outstanding

000425 Stock   7.44  0.47  5.94%   
Considering XCMG Construction's profitability and operating efficiency indicators, XCMG Construction Machinery 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 XCMG Construction's ability to earn profits and add value for shareholders.
For XCMG Construction profitability analysis, we use financial ratios and fundamental drivers that measure the ability of XCMG Construction to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well XCMG Construction Machinery utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between XCMG Construction's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of XCMG Construction Machinery 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 XCMG Construction's value and its price as these two are different measures arrived at by different means. Investors typically determine if XCMG Construction is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, XCMG Construction'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.

XCMG Construction Shares Outstanding vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining XCMG Construction's current stock value. Our valuation model uses many indicators to compare XCMG Construction value to that of its competitors to determine the firm's financial worth.
XCMG Construction Machinery is number one stock in return on asset category among its peers. It also is number one stock in shares outstanding category among its peers creating about  492,341,674,667  of Shares Outstanding per Return On Asset. As of December 23, 2024, Common Stock Shares Outstanding is expected to decline to about 9.7 B. Comparative valuation analysis is a catch-all model that can be used if you cannot value XCMG Construction by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for XCMG Construction'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.

XCMG Shares Outstanding vs. Return On Asset

Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

XCMG Construction

Return On Asset

 = 

Net Income

Total Assets

 = 
0.024
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

XCMG Construction

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
11.82 B
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

XCMG Shares Outstanding Comparison

XCMG Construction is currently under evaluation in shares outstanding category among its peers.

XCMG Construction Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in XCMG Construction, profitability is also one of the essential criteria for including it into their portfolios because, without profit, XCMG Construction will eventually generate negative long term returns. The profitability progress is the general direction of XCMG Construction's change in net profit over the period of time. It can combine multiple indicators of XCMG Construction, 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
Operating Income7.7 BB
Income Before Tax5.7 BB
Net Income Applicable To Common SharesB5.2 B
Net Income5.3 B5.6 B
Income Tax Expense825.8 M867.1 M
Net Income From Continuing Ops5.2 B3.2 B
Total Other Income Expense Net584.1 M613.3 M
Net Interest Income-1.1 B-1 B
Interest Income634.9 M578 M
Change To Netincome2.1 B2.2 B

XCMG Profitability Driver Comparison

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

Use XCMG Construction 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 XCMG Construction 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 XCMG Construction will appreciate offsetting losses from the drop in the long position's value.

XCMG Construction Pair Trading

XCMG Construction Machinery Pair Trading Analysis

The ability to find closely correlated positions to XCMG Construction could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace XCMG Construction 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 XCMG Construction - 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 XCMG Construction Machinery to buy it.
The correlation of XCMG Construction 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 XCMG Construction moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if XCMG Construction 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 XCMG Construction 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

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Other Information on Investing in XCMG Stock

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