Shenzhen MTC Total Debt vs. Price To Book
| 002429 Stock | 5.17 0.03 0.58% |
For Shenzhen MTC profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Shenzhen MTC to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Shenzhen MTC Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Shenzhen MTC's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Shenzhen MTC Co over time as well as its relative position and ranking within its peers.
Shenzhen |
Shenzhen MTC Price To Book vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Shenzhen MTC's current stock value. Our valuation model uses many indicators to compare Shenzhen MTC value to that of its competitors to determine the firm's financial worth. Shenzhen MTC Co is the top company in total debt category among its peers. It also is number one stock in price to book category among its peers . The ratio of Total Debt to Price To Book for Shenzhen MTC Co is about 724,432,602 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Shenzhen MTC by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Shenzhen MTC'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.Shenzhen Total Debt vs. Competition
Shenzhen MTC Co is the top company in total debt category among its peers. Total debt of Consumer Discretionary industry is presently estimated at about 24.84 Billion. Shenzhen MTC holds roughly 1.08 Billion in total debt claiming about 4% of stocks in Consumer Discretionary industry.
Shenzhen Price To Book vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Shenzhen MTC |
| = | 1.08 B |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
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.
Shenzhen MTC |
| = | 1.49 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.
Shenzhen Price To Book Comparison
Shenzhen MTC is currently under evaluation in price to book category among its peers.
Shenzhen MTC Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Shenzhen MTC, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Shenzhen MTC will eventually generate negative long term returns. The profitability progress is the general direction of Shenzhen MTC's change in net profit over the period of time. It can combine multiple indicators of Shenzhen MTC, 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 | ||
| Operating Income | 2.1 B | 1.2 B | |
| Income Before Tax | 1.7 B | 915 M | |
| Net Income Applicable To Common Shares | 1.3 B | 737.7 M | |
| Net Income | 1.6 B | 811 M | |
| Income Tax Expense | 30.7 M | 29.2 M | |
| Net Income From Continuing Ops | 1.6 B | 963.5 M | |
| Total Other Income Expense Net | -85.6 M | -81.3 M | |
| Net Interest Income | -88.3 M | -92.8 M | |
| Interest Income | 91.4 M | 119 M | |
| Change To Netincome | 490 M | 391.6 M |
Shenzhen Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Shenzhen MTC. 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 Shenzhen MTC 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 Shenzhen MTC's important profitability drivers and their relationship over time.
Use Shenzhen MTC 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 Shenzhen MTC 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 Shenzhen MTC will appreciate offsetting losses from the drop in the long position's value.Shenzhen MTC Pair Trading
Shenzhen MTC Co Pair Trading Analysis
The ability to find closely correlated positions to Shenzhen MTC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shenzhen MTC 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 Shenzhen MTC - 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 Shenzhen MTC Co to buy it.
The correlation of Shenzhen MTC 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 Shenzhen MTC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shenzhen MTC 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 Shenzhen MTC 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 Shenzhen MTC position
In addition to having Shenzhen MTC 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 Processed Foods Thematic Idea Now
Processed Foods
Companies producing and distributing processed foods to retail sectors. The Processed Foods theme has 45 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 Processed Foods Theme or any other thematic opportunities.
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Other Information on Investing in Shenzhen Stock
To fully project Shenzhen MTC's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Shenzhen MTC 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 Shenzhen MTC's income statement, its balance sheet, and the statement of cash flows.