Sanyang Shares Outstanding vs. Price To Sales

2206 Stock  TWD 67.60  0.30  0.44%   
Considering the key profitability indicators obtained from Sanyang's historical financial statements, Sanyang Motor Co may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Sanyang's ability to earn profits and add value for shareholders.
For Sanyang profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sanyang to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sanyang Motor Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sanyang's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sanyang Motor Co over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Sanyang's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sanyang is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sanyang's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Sanyang Motor Price To Sales vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Sanyang's current stock value. Our valuation model uses many indicators to compare Sanyang value to that of its competitors to determine the firm's financial worth.
Sanyang Motor Co is rated second in shares outstanding category among its peers. It also is rated second in price to sales category among its peers . The ratio of Shares Outstanding to Price To Sales for Sanyang Motor Co is about  1,336,524,407 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Sanyang's earnings, one of the primary drivers of an investment's value.

Sanyang Price To Sales vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Sanyang

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
792.16 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Sanyang

P/S

 = 

MV Per Share

Revenue Per Share

 = 
0.59 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.

Sanyang Price To Sales Comparison

Sanyang is currently under evaluation in price to sales category among its peers.

Sanyang Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Sanyang, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sanyang will eventually generate negative long term returns. The profitability progress is the general direction of Sanyang's change in net profit over the period of time. It can combine multiple indicators of Sanyang, 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.
Sanyang Motor Co., Ltd. manufactures and sells motorcycles and automobiles in Taiwan and internationally. Sanyang Motor Co., Ltd. was founded in 1954 and is headquartered in Hukou, Taiwan. SANYANG MOTOR is traded on Taiwan Stock Exchange in Taiwan.

Sanyang Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Sanyang. 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 Sanyang 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 Sanyang's important profitability drivers and their relationship over time.

Use Sanyang 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 Sanyang 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 Sanyang will appreciate offsetting losses from the drop in the long position's value.

Sanyang Pair Trading

Sanyang Motor Co Pair Trading Analysis

The ability to find closely correlated positions to Sanyang could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sanyang 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 Sanyang - 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 Sanyang Motor Co to buy it.
The correlation of Sanyang 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 Sanyang moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sanyang Motor 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 Sanyang 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Sanyang position

In addition to having Sanyang 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 Millennials Best Thematic Idea Now

Millennials Best
Millennials Best Theme
Companies or funds that provide products or services that appeal to the generation of millennials and that are expected to experience growth in the next 5 years. The millennial generation usually refers to the demographic population that were born between 1980 to 2000. The Millennials Best theme has 77 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 Millennials Best Theme or any other thematic opportunities.
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Additional Tools for Sanyang Stock Analysis

When running Sanyang's price analysis, check to measure Sanyang's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sanyang is operating at the current time. Most of Sanyang's value examination focuses on studying past and present price action to predict the probability of Sanyang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sanyang's price. Additionally, you may evaluate how the addition of Sanyang to your portfolios can decrease your overall portfolio volatility.