Hangzhou Gaoxin Book Value Per Share vs. EBITDA
| 300478 Stock | 11.25 0.30 2.74% |
For Hangzhou Gaoxin profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hangzhou Gaoxin to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hangzhou Gaoxin Rubber utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hangzhou Gaoxin's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hangzhou Gaoxin Rubber over time as well as its relative position and ranking within its peers.
Hangzhou |
Hangzhou Gaoxin Rubber EBITDA vs. Book Value Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hangzhou Gaoxin's current stock value. Our valuation model uses many indicators to compare Hangzhou Gaoxin value to that of its competitors to determine the firm's financial worth. Hangzhou Gaoxin Rubber is number one stock in book value per share category among its peers. It also is number one stock in ebitda category among its peers . At present, Hangzhou Gaoxin's EBITDA is projected to decrease significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value Hangzhou Gaoxin by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Hangzhou Gaoxin'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.Hangzhou EBITDA vs. Book Value Per Share
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Hangzhou Gaoxin |
| = | 0.60 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Hangzhou Gaoxin |
| = | (69.78 M) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Hangzhou EBITDA Comparison
Hangzhou Gaoxin is currently under evaluation in ebitda category among its peers.
Hangzhou Gaoxin Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hangzhou Gaoxin, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hangzhou Gaoxin will eventually generate negative long term returns. The profitability progress is the general direction of Hangzhou Gaoxin's change in net profit over the period of time. It can combine multiple indicators of Hangzhou Gaoxin, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 49.5 M | 45.4 M | |
| Operating Income | -22.8 M | -21.7 M | |
| Income Before Tax | 23.6 M | 24.8 M | |
| Net Loss | -19.5 M | -20.5 M | |
| Net Income | 23.6 M | 24.8 M | |
| Income Tax Expense | 372.60 | 353.97 | |
| Net Income From Continuing Ops | 23.6 M | 24.8 M | |
| Total Other Income Expense Net | -113.7 M | -108 M | |
| Net Interest Income | -9.5 M | -9.9 M | |
| Interest Income | 85.3 K | 81 K | |
| Change To Netincome | -5.2 M | -4.9 M |
Hangzhou Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hangzhou Gaoxin. 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 Hangzhou Gaoxin 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 Hangzhou Gaoxin's important profitability drivers and their relationship over time.
Use Hangzhou Gaoxin 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 Hangzhou Gaoxin 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 Hangzhou Gaoxin will appreciate offsetting losses from the drop in the long position's value.Hangzhou Gaoxin Pair Trading
Hangzhou Gaoxin Rubber Pair Trading Analysis
The ability to find closely correlated positions to Hangzhou Gaoxin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hangzhou Gaoxin 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 Hangzhou Gaoxin - 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 Hangzhou Gaoxin Rubber to buy it.
The correlation of Hangzhou Gaoxin 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 Hangzhou Gaoxin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hangzhou Gaoxin Rubber 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 Hangzhou Gaoxin 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 Hangzhou Gaoxin position
In addition to having Hangzhou Gaoxin 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 Hangzhou Stock
To fully project Hangzhou Gaoxin's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hangzhou Gaoxin Rubber 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 Hangzhou Gaoxin's income statement, its balance sheet, and the statement of cash flows.