Hubeiyichang Transportation Net Income vs. Current Valuation
002627 Stock | 5.44 0.06 1.09% |
Net Income | First Reported 2018-06-30 | Previous Quarter 44.6 M | Current Value 57.9 M | Quarterly Volatility 21.9 M |
For Hubeiyichang Transportation profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hubeiyichang Transportation to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hubeiyichang Transportation Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hubeiyichang Transportation's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hubeiyichang Transportation Group over time as well as its relative position and ranking within its peers.
Hubeiyichang |
Hubeiyichang Transportation Current Valuation vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hubeiyichang Transportation's current stock value. Our valuation model uses many indicators to compare Hubeiyichang Transportation value to that of its competitors to determine the firm's financial worth. Hubeiyichang Transportation Group is number one stock in net income category among its peers. It is rated fifth in current valuation category among its peers reporting about 22.70 of Current Valuation per Net Income. At present, Hubeiyichang Transportation'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 Hubeiyichang Transportation by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Hubeiyichang Transportation'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.Hubeiyichang Current Valuation 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.
Hubeiyichang Transportation |
| = | 129.64 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.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Hubeiyichang Transportation |
| = | 2.94 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Hubeiyichang Current Valuation vs Competition
Hubeiyichang Transportation Group is rated fifth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is presently estimated at about 234.66 Billion. Hubeiyichang Transportation claims roughly 2.94 Billion in current valuation contributing just under 2% to equities under Industrials industry.
Hubeiyichang Transportation Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hubeiyichang Transportation, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hubeiyichang Transportation will eventually generate negative long term returns. The profitability progress is the general direction of Hubeiyichang Transportation's change in net profit over the period of time. It can combine multiple indicators of Hubeiyichang Transportation, 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 | ||
Accumulated Other Comprehensive Income | 119.6 M | 123.3 M | |
Operating Income | 75.1 M | 70.9 M | |
Income Before Tax | 158 M | 121 M | |
Net Income Applicable To Common Shares | 3.9 M | 3.7 M | |
Net Income | 129.6 M | 84.2 M | |
Income Tax Expense | 18.5 M | 34 M | |
Net Income From Continuing Ops | 119.5 M | 89.7 M | |
Total Other Income Expense Net | 1.2 M | 1.1 M | |
Net Interest Income | 30 M | 31.5 M | |
Interest Income | 44.3 M | 46.5 M | |
Change To Netincome | -30.8 M | -29.2 M |
Hubeiyichang Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hubeiyichang Transportation. 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 Hubeiyichang Transportation 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 Hubeiyichang Transportation's important profitability drivers and their relationship over time.
Use Hubeiyichang Transportation 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 Hubeiyichang Transportation 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 Hubeiyichang Transportation will appreciate offsetting losses from the drop in the long position's value.Hubeiyichang Transportation Pair Trading
Hubeiyichang Transportation Group Pair Trading Analysis
The ability to find closely correlated positions to Hubeiyichang Transportation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hubeiyichang Transportation 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 Hubeiyichang Transportation - 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 Hubeiyichang Transportation Group to buy it.
The correlation of Hubeiyichang Transportation 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 Hubeiyichang Transportation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hubeiyichang Transportation 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 Hubeiyichang Transportation 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 Hubeiyichang Transportation position
In addition to having Hubeiyichang Transportation 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?
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Other Information on Investing in Hubeiyichang Stock
To fully project Hubeiyichang Transportation's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hubeiyichang Transportation 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 Hubeiyichang Transportation's income statement, its balance sheet, and the statement of cash flows.