Guizhou Chanhen EBITDA vs. Price To Book
| 002895 Stock | 22.30 0.13 0.59% |
EBITDA | First Reported 2010-12-31 | Previous Quarter 1.4 B | Current Value 1.5 B | Quarterly Volatility 481.4 M |
For Guizhou Chanhen profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Guizhou Chanhen to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Guizhou Chanhen Chemical utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Guizhou Chanhen's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Guizhou Chanhen Chemical over time as well as its relative position and ranking within its peers.
Guizhou |
Guizhou Chanhen Chemical Price To Book vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Guizhou Chanhen's current stock value. Our valuation model uses many indicators to compare Guizhou Chanhen value to that of its competitors to determine the firm's financial worth. Guizhou Chanhen Chemical is rated below average in ebitda category among its peers. It is rated fifth in price to book category among its peers . The ratio of EBITDA to Price To Book for Guizhou Chanhen Chemical is about 859,186,147 . At present, Guizhou Chanhen's EBITDA 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 Guizhou Chanhen by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Guizhou Chanhen'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.Guizhou Price To Book vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Guizhou Chanhen |
| = | 1.76 B |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
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.
Guizhou Chanhen |
| = | 2.05 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.
Guizhou Price To Book Comparison
Guizhou Chanhen is currently under evaluation in price to book category among its peers.
Guizhou Chanhen Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Guizhou Chanhen, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Guizhou Chanhen will eventually generate negative long term returns. The profitability progress is the general direction of Guizhou Chanhen's change in net profit over the period of time. It can combine multiple indicators of Guizhou Chanhen, 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 | ||
| Net Interest Income | -134.1 M | -127.4 M | |
| Interest Income | 24.5 M | 25.7 M | |
| Operating Income | 1.2 B | 1.2 B | |
| Net Income From Continuing Ops | 788.9 M | 828.3 M | |
| Income Before Tax | 965.9 M | 1 B | |
| Net Income Applicable To Common Shares | 422.9 M | 444.1 M | |
| Net Income | 766.4 M | 804.7 M | |
| Income Tax Expense | 59 M | 35.3 M | |
| Change To Netincome | 65.2 M | 68.4 M |
Guizhou Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Guizhou Chanhen. 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 Guizhou Chanhen 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 Guizhou Chanhen's important profitability drivers and their relationship over time.
Use Guizhou Chanhen 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 Guizhou Chanhen 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 Guizhou Chanhen will appreciate offsetting losses from the drop in the long position's value.Guizhou Chanhen Pair Trading
Guizhou Chanhen Chemical Pair Trading Analysis
The ability to find closely correlated positions to Guizhou Chanhen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Guizhou Chanhen 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 Guizhou Chanhen - 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 Guizhou Chanhen Chemical to buy it.
The correlation of Guizhou Chanhen 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 Guizhou Chanhen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Guizhou Chanhen Chemical 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 Guizhou Chanhen 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 Guizhou Chanhen position
In addition to having Guizhou Chanhen 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 Guizhou Stock
To fully project Guizhou Chanhen's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Guizhou Chanhen Chemical 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 Guizhou Chanhen's income statement, its balance sheet, and the statement of cash flows.