Ruentex Industries Profit Margin vs. Return On Asset
| 2915 Stock | TWD 77.40 0.20 0.26% |
For Ruentex Industries profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ruentex Industries to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ruentex Industries utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ruentex Industries's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ruentex Industries over time as well as its relative position and ranking within its peers.
Ruentex |
Ruentex Industries Return On Asset vs. Profit Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ruentex Industries's current stock value. Our valuation model uses many indicators to compare Ruentex Industries value to that of its competitors to determine the firm's financial worth. Ruentex Industries is number one stock in profit margin category among its peers. It is rated third in return on asset category among its peers . 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 Ruentex Industries' earnings, one of the primary drivers of an investment's value.Ruentex Return On Asset vs. Profit Margin
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Ruentex Industries |
| = | 6.16 % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
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.
Ruentex Industries |
| = | -1.0E-4 |
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.
Ruentex Return On Asset Comparison
Ruentex Industries is currently under evaluation in return on asset category among its peers.
Ruentex Industries Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ruentex Industries, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ruentex Industries will eventually generate negative long term returns. The profitability progress is the general direction of Ruentex Industries' change in net profit over the period of time. It can combine multiple indicators of Ruentex Industries, 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.
Ruentex Industries Limited engages in textile manufacturing, retailing, marketing, and trading activities. In addition, the company offers planning and design services for elderly homes, mass merchandisers, hypermarkets, parking lots, office buildings, science and technology plants, general housing, etc. and construction drawing services. RUENTEX INDUSTRIES operates under Textile Manufacturing classification in Taiwan and is traded on Taiwan Stock Exchange.
Ruentex Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ruentex Industries. 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 Ruentex Industries 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 Ruentex Industries' important profitability drivers and their relationship over time.
Use Ruentex Industries 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 Ruentex Industries 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 Ruentex Industries will appreciate offsetting losses from the drop in the long position's value.Ruentex Industries Pair Trading
Ruentex Industries Pair Trading Analysis
The ability to find closely correlated positions to Ruentex Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ruentex Industries 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 Ruentex Industries - 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 Ruentex Industries to buy it.
The correlation of Ruentex Industries 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 Ruentex Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ruentex Industries 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 Ruentex Industries 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 Ruentex Industries position
In addition to having Ruentex Industries 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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Additional Tools for Ruentex Stock Analysis
When running Ruentex Industries' price analysis, check to measure Ruentex Industries' 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 Ruentex Industries is operating at the current time. Most of Ruentex Industries' value examination focuses on studying past and present price action to predict the probability of Ruentex Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ruentex Industries' price. Additionally, you may evaluate how the addition of Ruentex Industries to your portfolios can decrease your overall portfolio volatility.