Haisung TPC Return On Equity vs. Total Asset
| 059270 Stock | KRW 5,730 500.00 9.56% |
For Haisung TPC profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Haisung TPC to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Haisung TPC Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Haisung TPC's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Haisung TPC Co over time as well as its relative position and ranking within its peers.
Haisung |
Haisung TPC Total Asset vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Haisung TPC's current stock value. Our valuation model uses many indicators to compare Haisung TPC value to that of its competitors to determine the firm's financial worth. Haisung TPC Co is number one stock in return on equity category among its peers. It also is number one stock in total asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Haisung TPC by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Haisung TPC'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.Haisung Total 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.
Haisung TPC |
| = | -2.69 |
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.
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Haisung TPC |
| = | 49.97 B |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Haisung Total Asset Comparison
Haisung TPC is currently under evaluation in total asset category among its peers.
Haisung TPC Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Haisung TPC, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Haisung TPC will eventually generate negative long term returns. The profitability progress is the general direction of Haisung TPC's change in net profit over the period of time. It can combine multiple indicators of Haisung TPC, 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.
Haisung TPC Co., Ltd manufactures and sells gears, decelerators, and accelerators in South Korea and internationally. The company was founded in 1991 and is headquartered in Incheon, South Korea. Haisung TPC is traded on Korean Securities Dealers Automated Quotations in South Korea.
Haisung Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Haisung TPC. 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 Haisung TPC 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 Haisung TPC's important profitability drivers and their relationship over time.
Use Haisung TPC 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 Haisung TPC 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 Haisung TPC will appreciate offsetting losses from the drop in the long position's value.Haisung TPC Pair Trading
Haisung TPC Co Pair Trading Analysis
The ability to find closely correlated positions to Haisung TPC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Haisung TPC 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 Haisung TPC - 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 Haisung TPC Co to buy it.
The correlation of Haisung TPC 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 Haisung TPC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Haisung TPC 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 Haisung TPC 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 Haisung TPC position
In addition to having Haisung TPC 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 Haisung Stock
To fully project Haisung TPC's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Haisung TPC 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 Haisung TPC's income statement, its balance sheet, and the statement of cash flows.