Wonbang Tech Gross Profit vs. Return On Asset
| 053080 Stock | KRW 12,860 450.00 3.38% |
For Wonbang Tech profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Wonbang Tech to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Wonbang Tech Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Wonbang Tech's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Wonbang Tech Co over time as well as its relative position and ranking within its peers.
Wonbang |
Wonbang Tech Return On Asset vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Wonbang Tech's current stock value. Our valuation model uses many indicators to compare Wonbang Tech value to that of its competitors to determine the firm's financial worth. Wonbang Tech Co is number one stock in gross profit category among its peers. It also is number one stock in return on asset category among its peers . The ratio of Gross Profit to Return On Asset for Wonbang Tech Co is about 7,629,807,692 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Wonbang Tech by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Wonbang Tech'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.Wonbang Return On Asset vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Wonbang Tech |
| = | 47.61 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
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.
Wonbang Tech |
| = | 6.24 |
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.
Wonbang Return On Asset Comparison
Wonbang Tech is currently under evaluation in return on asset category among its peers.
Wonbang Tech Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Wonbang Tech, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Wonbang Tech will eventually generate negative long term returns. The profitability progress is the general direction of Wonbang Tech's change in net profit over the period of time. It can combine multiple indicators of Wonbang Tech, 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.
Wonbang Tech Co., Ltd. engages in the engineering business in South Korea. The company was founded in 1989 and is headquartered in Seoul, South Korea. WONBANG TECH is traded on Korean Securities Dealers Automated Quotations in South Korea.
Wonbang Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Wonbang Tech. 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 Wonbang Tech 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 Wonbang Tech's important profitability drivers and their relationship over time.
Use Wonbang Tech 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 Wonbang Tech 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 Wonbang Tech will appreciate offsetting losses from the drop in the long position's value.Wonbang Tech Pair Trading
Wonbang Tech Co Pair Trading Analysis
The ability to find closely correlated positions to Wonbang Tech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wonbang Tech 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 Wonbang Tech - 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 Wonbang Tech Co to buy it.
The correlation of Wonbang Tech 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 Wonbang Tech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wonbang Tech 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 Wonbang Tech 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 Wonbang Tech position
In addition to having Wonbang Tech 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 Wonbang Stock
To fully project Wonbang Tech's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Wonbang Tech 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 Wonbang Tech's income statement, its balance sheet, and the statement of cash flows.