Seojin System Return On Equity vs. Return On Asset
| 178320 Stock | KRW 27,950 2,150 8.33% |
For Seojin System profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Seojin System to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Seojin System CoLtd utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Seojin System's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Seojin System CoLtd over time as well as its relative position and ranking within its peers.
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Seojin System CoLtd Return On Asset vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Seojin System's current stock value. Our valuation model uses many indicators to compare Seojin System value to that of its competitors to determine the firm's financial worth. Seojin System CoLtd is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.01 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Seojin System CoLtd is roughly 137.68 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Seojin System by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Seojin System'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.Seojin 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.
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| = | 1.01 |
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.
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| = | 0.0073 |
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.
Seojin Return On Asset Comparison
Seojin System is currently under evaluation in return on asset category among its peers.
Seojin System Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Seojin System, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Seojin System will eventually generate negative long term returns. The profitability progress is the general direction of Seojin System's change in net profit over the period of time. It can combine multiple indicators of Seojin System, 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.
Seojin System Co., Ltd provides telecom equipment, mechanical products, and LED and other equipment. The company was founded in 1996 and is headquartered in Bucheon-si, South Korea. SEOJIN SYSTEM is traded on Korean Securities Dealers Automated Quotations in South Korea.
Seojin Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Seojin System. 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 Seojin System 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 Seojin System's important profitability drivers and their relationship over time.
Use Seojin System 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 Seojin System 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 Seojin System will appreciate offsetting losses from the drop in the long position's value.Seojin System Pair Trading
Seojin System CoLtd Pair Trading Analysis
The ability to find closely correlated positions to Seojin System could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Seojin System 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 Seojin System - 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 Seojin System CoLtd to buy it.
The correlation of Seojin System 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 Seojin System moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Seojin System CoLtd 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 Seojin System 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 Seojin System position
In addition to having Seojin System 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 Gold and Gold Mining Thematic Idea Now
Gold and Gold Mining
Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products. The Gold and Gold Mining theme has 99 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 Gold and Gold Mining Theme or any other thematic opportunities.
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Other Information on Investing in Seojin Stock
To fully project Seojin System's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Seojin System CoLtd 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 Seojin System's income statement, its balance sheet, and the statement of cash flows.