Sichuan Jinshi Net Income vs. Market Capitalization
| 002951 Stock | 6.84 0.14 2.01% |
Net Loss | First Reported 2019-03-31 | Previous Quarter -6.1 M | Current Value -35.4 M | Quarterly Volatility 31 M |
For Sichuan Jinshi profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sichuan Jinshi to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sichuan Jinshi Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sichuan Jinshi's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sichuan Jinshi Technology over time as well as its relative position and ranking within its peers.
Sichuan |
Sichuan Jinshi Technology Market Capitalization vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sichuan Jinshi's current stock value. Our valuation model uses many indicators to compare Sichuan Jinshi value to that of its competitors to determine the firm's financial worth. Sichuan Jinshi Technology is number one stock in net income category among its peers. It also is number one stock in market capitalization category among its peers . At present, Sichuan Jinshi's Net Loss is projected to decrease 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 Sichuan Jinshi by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Sichuan Jinshi'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.Sichuan Market Capitalization 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.
Sichuan Jinshi |
| = | (44.57 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.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Sichuan Jinshi |
| = | 2.78 B |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Sichuan Market Capitalization vs Competition
Sichuan Jinshi Technology is number one stock in market capitalization category among its peers. Market capitalization of Materials industry is presently estimated at about 1.71 Trillion. Sichuan Jinshi adds roughly 2.78 Billion in market capitalization claiming only tiny portion of all equities under Materials industry.
Sichuan Jinshi Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sichuan Jinshi, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sichuan Jinshi will eventually generate negative long term returns. The profitability progress is the general direction of Sichuan Jinshi's change in net profit over the period of time. It can combine multiple indicators of Sichuan Jinshi, 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 | 6.6 M | 6.9 M | |
| Interest Income | 6.7 M | 5.9 M | |
| Operating Income | -60.7 M | -57.7 M | |
| Net Loss | -48.5 M | -46 M | |
| Income Before Tax | -55.5 M | -52.7 M | |
| Net Loss | -32.9 M | -31.3 M | |
| Net Loss | -44.6 M | -42.3 M | |
| Income Tax Expense | 8.1 M | 7.7 M | |
| Change To Netincome | 39.6 M | 41.6 M |
Sichuan Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sichuan Jinshi. 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 Sichuan Jinshi 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 Sichuan Jinshi's important profitability drivers and their relationship over time.
Use Sichuan Jinshi 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 Sichuan Jinshi 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 Sichuan Jinshi will appreciate offsetting losses from the drop in the long position's value.Sichuan Jinshi Pair Trading
Sichuan Jinshi Technology Pair Trading Analysis
The ability to find closely correlated positions to Sichuan Jinshi could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sichuan Jinshi 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 Sichuan Jinshi - 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 Sichuan Jinshi Technology to buy it.
The correlation of Sichuan Jinshi 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 Sichuan Jinshi moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sichuan Jinshi Technology 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 Sichuan Jinshi 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 Sichuan Jinshi position
In addition to having Sichuan Jinshi 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 Utilities Thematic Idea Now
Utilities
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Utilities theme has 61 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 Utilities Theme or any other thematic opportunities.
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Other Information on Investing in Sichuan Stock
To fully project Sichuan Jinshi's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Sichuan Jinshi Technology 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 Sichuan Jinshi's income statement, its balance sheet, and the statement of cash flows.