Shandong Mining Total Debt vs. Shares Owned By Insiders
| 002526 Stock | 5.08 0.56 9.93% |
For Shandong Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Shandong Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Shandong Mining Machinery utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Shandong Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Shandong Mining Machinery over time as well as its relative position and ranking within its peers.
Shandong |
Shandong Mining Machinery Shares Owned By Insiders vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Shandong Mining's current stock value. Our valuation model uses many indicators to compare Shandong Mining value to that of its competitors to determine the firm's financial worth. Shandong Mining Machinery is the top company in total debt category among its peers. It also is number one stock in shares owned by insiders category among its peers . The ratio of Total Debt to Shares Owned By Insiders for Shandong Mining Machinery is about 16,384,479 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Shandong Mining by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Shandong Mining'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.Shandong Total Debt vs. Competition
Shandong Mining Machinery is the top company in total debt category among its peers. Total debt of Industrials industry is presently estimated at about 122.38 Trillion. Shandong Mining adds roughly 453.36 Million in total debt claiming only tiny portion of equities under Industrials industry.
Shandong Shares Owned By Insiders 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.
Shandong Mining |
| = | 453.36 M |
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.
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
Shandong Mining |
| = | 27.67 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Shandong Shares Owned By Insiders Comparison
Shandong Mining is currently under evaluation in shares owned by insiders category among its peers.
Shandong Mining Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Shandong Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Shandong Mining will eventually generate negative long term returns. The profitability progress is the general direction of Shandong Mining's change in net profit over the period of time. It can combine multiple indicators of Shandong 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.
| Last Reported | Projected for Next Year | ||
| Operating Income | 294.2 M | 166.9 M | |
| Income Before Tax | 231.4 M | 243 M | |
| Net Income Applicable To Common Shares | 132.6 M | 69.9 M | |
| Net Income | 171.8 M | 180.4 M | |
| Income Tax Expense | 43.3 M | 28.5 M | |
| Net Income From Continuing Ops | 173.4 M | 182 M | |
| Total Other Income Expense Net | 2.7 M | 2.8 M | |
| Net Interest Income | 5.1 M | 5.3 M | |
| Interest Income | 18 M | 18.9 M | |
| Change To Netincome | 130.5 M | 137.1 M |
Shandong Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Shandong 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 Shandong 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 Shandong Mining's important profitability drivers and their relationship over time.
Use Shandong 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 Shandong 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 Shandong Mining will appreciate offsetting losses from the drop in the long position's value.Shandong Mining Pair Trading
Shandong Mining Machinery Pair Trading Analysis
The ability to find closely correlated positions to Shandong 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 Shandong 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 Shandong 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 Shandong Mining Machinery to buy it.
The correlation of Shandong 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 Shandong Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shandong Mining Machinery 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 Shandong 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 Shandong Mining position
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Other Information on Investing in Shandong Stock
To fully project Shandong Mining's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Shandong Mining Machinery 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 Shandong Mining's income statement, its balance sheet, and the statement of cash flows.