Taiji Computer Net Income vs. Price To Book

002368 Stock   25.36  0.40  1.60%   
Considering Taiji Computer's profitability and operating efficiency indicators, Taiji Computer Corp 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 Taiji Computer's ability to earn profits and add value for shareholders.
 
Net Income  
First Reported
2018-06-30
Previous Quarter
-175.2 M
Current Value
130.6 M
Quarterly Volatility
114.6 M
 
Covid
For Taiji Computer profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Taiji Computer to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Taiji Computer Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Taiji Computer's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Taiji Computer Corp 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 Taiji Computer's value and its price as these two are different measures arrived at by different means. Investors typically determine if Taiji Computer is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taiji Computer'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.

Taiji Computer Corp Price To Book vs. Net Income Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Taiji Computer's current stock value. Our valuation model uses many indicators to compare Taiji Computer value to that of its competitors to determine the firm's financial worth.
Taiji Computer Corp is number one stock in net income category among its peers. It also is number one stock in price to book category among its peers . The ratio of Net Income to Price To Book for Taiji Computer Corp is about  119,207,314 . At present, Taiji Computer's Net Income is 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 Taiji Computer by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Taiji Computer'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.

Taiji Price To Book vs. Net Income

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.

Taiji Computer

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
375.24 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.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

Taiji Computer

P/B

 = 

MV Per Share

BV Per Share

 = 
3.15 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.

Taiji Price To Book Comparison

Taiji Computer is currently under evaluation in price to book category among its peers.

Taiji Computer Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Taiji Computer, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Taiji Computer will eventually generate negative long term returns. The profitability progress is the general direction of Taiji Computer's change in net profit over the period of time. It can combine multiple indicators of Taiji Computer, 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 Income589.3 M368.8 M
Income Before Tax420.6 M303.9 M
Net Income Applicable To Common Shares429 M249.9 M
Net Income375.2 M271.8 M
Income Tax Expense38.3 M27.4 M
Net Income From Continuing Ops410.2 M368.6 M
Total Other Income Expense Net-472.5 K-448.9 K
Net Interest Income-31.3 M-32.8 M
Interest Income19.6 M15.2 M
Change To Netincome238.3 M148.1 M

Taiji Profitability Driver Comparison

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

Use Taiji Computer 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 Taiji Computer 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 Taiji Computer will appreciate offsetting losses from the drop in the long position's value.

Taiji Computer Pair Trading

Taiji Computer Corp Pair Trading Analysis

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

In addition to having Taiji Computer 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.

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Tech Funds
Tech Funds Theme
Funds or Etfs that invest in companies involved in research, development, testing, or distribution of technologically based goods and services. The Tech Funds theme has 44 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 Tech Funds Theme or any other thematic opportunities.
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Other Information on Investing in Taiji Stock

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