Zhuhai Bojay EBITDA vs. Return On Equity
| 002975 Stock | 35.09 2.09 5.62% |
EBITDA | First Reported 2010-12-31 | Previous Quarter 303 M | Current Value 245.8 M | Quarterly Volatility 124.1 M |
For Zhuhai Bojay profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Zhuhai Bojay to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Zhuhai Bojay Electronics utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Zhuhai Bojay's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Zhuhai Bojay Electronics over time as well as its relative position and ranking within its peers.
Zhuhai |
Zhuhai Bojay Electronics Return On Equity vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Zhuhai Bojay's current stock value. Our valuation model uses many indicators to compare Zhuhai Bojay value to that of its competitors to determine the firm's financial worth. Zhuhai Bojay Electronics is rated below average in ebitda category among its peers. It is number one stock in return on equity category among its peers . At present, Zhuhai Bojay'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 Zhuhai Bojay by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Zhuhai Bojay'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.Zhuhai Return On Equity 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.
Zhuhai Bojay |
| = | (20.07 M) |
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.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Zhuhai Bojay |
| = | -0.0405 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Zhuhai Return On Equity Comparison
Zhuhai Bojay is currently under evaluation in return on equity category among its peers.
Zhuhai Bojay Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Zhuhai Bojay, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Zhuhai Bojay will eventually generate negative long term returns. The profitability progress is the general direction of Zhuhai Bojay's change in net profit over the period of time. It can combine multiple indicators of Zhuhai Bojay, 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 Income Applicable To Common Shares | 279.8 M | 154.2 M | |
| Income Tax Expense | 26.9 M | 21.2 M | |
| Net Interest Income | -6.1 M | -6.4 M | |
| Interest Income | 6.4 M | 6.7 M | |
| Operating Income | -26.2 M | -24.9 M | |
| Net Loss | -82.7 M | -78.5 M | |
| Income Before Tax | -101.3 M | -96.2 M | |
| Net Loss | -57.2 M | -54.4 M | |
| Change To Netincome | 19.2 M | 13.2 M |
Zhuhai Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Zhuhai Bojay. 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 Zhuhai Bojay 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 Zhuhai Bojay's important profitability drivers and their relationship over time.
Use Zhuhai Bojay 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 Zhuhai Bojay 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 Zhuhai Bojay will appreciate offsetting losses from the drop in the long position's value.Zhuhai Bojay Pair Trading
Zhuhai Bojay Electronics Pair Trading Analysis
The ability to find closely correlated positions to Zhuhai Bojay could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zhuhai Bojay 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 Zhuhai Bojay - 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 Zhuhai Bojay Electronics to buy it.
The correlation of Zhuhai Bojay 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 Zhuhai Bojay moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zhuhai Bojay Electronics 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 Zhuhai Bojay 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 Zhuhai Bojay position
In addition to having Zhuhai Bojay 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 Zhuhai Stock
To fully project Zhuhai Bojay's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Zhuhai Bojay Electronics 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 Zhuhai Bojay's income statement, its balance sheet, and the statement of cash flows.