Hanil Chemical Return On Equity vs. Return On Asset
| 007770 Stock | KRW 11,320 20.00 0.18% |
For Hanil Chemical profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hanil Chemical to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hanil Chemical Ind utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hanil Chemical's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hanil Chemical Ind over time as well as its relative position and ranking within its peers.
Hanil |
Hanil Chemical Ind Return On Asset vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hanil Chemical's current stock value. Our valuation model uses many indicators to compare Hanil Chemical value to that of its competitors to determine the firm's financial worth. Hanil Chemical Ind is number one stock in return on equity category among its peers. It is rated below average in return on asset category among its peers . The ratio of Return On Equity to Return On Asset for Hanil Chemical Ind is about 1,801 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Hanil Chemical by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Hanil Chemical'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.Hanil Return On Asset vs. Return On Equity
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.
Hanil Chemical |
| = | 26.11 |
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.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Hanil Chemical |
| = | 0.0145 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Hanil Return On Asset Comparison
Hanil Chemical is currently under evaluation in return on asset category among its peers.
Hanil Chemical Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hanil Chemical, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hanil Chemical will eventually generate negative long term returns. The profitability progress is the general direction of Hanil Chemical's change in net profit over the period of time. It can combine multiple indicators of Hanil Chemical, 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.
Co., Ltd. manufactures and sells zinc oxide and other chemical materials. Co., Ltd. was founded in 1961 and is headquartered in Siheung, South Korea. HANILCHEMIC is traded on Korean Securities Dealers Automated Quotations in South Korea.
Hanil Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hanil Chemical. 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 Hanil Chemical 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 Hanil Chemical's important profitability drivers and their relationship over time.
Use Hanil Chemical 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 Hanil Chemical 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 Hanil Chemical will appreciate offsetting losses from the drop in the long position's value.Hanil Chemical Pair Trading
Hanil Chemical Ind Pair Trading Analysis
The ability to find closely correlated positions to Hanil Chemical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hanil Chemical 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 Hanil Chemical - 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 Hanil Chemical Ind to buy it.
The correlation of Hanil Chemical 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 Hanil Chemical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hanil Chemical Ind 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 Hanil Chemical 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 Hanil Chemical position
In addition to having Hanil Chemical 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 Hanil Stock
To fully project Hanil Chemical's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hanil Chemical Ind 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 Hanil Chemical's income statement, its balance sheet, and the statement of cash flows.