King-Strong New Net Income vs. Gross Profit
| 300629 Stock | 23.80 0.31 1.32% |
Net Income | First Reported 2019-03-31 | Previous Quarter 41.5 M | Current Value 37.2 M | Quarterly Volatility 16.7 M |
For King-Strong New profitability analysis, we use financial ratios and fundamental drivers that measure the ability of King-Strong New to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well King Strong New Material utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between King-Strong New's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of King Strong New Material over time as well as its relative position and ranking within its peers.
King-Strong |
King Strong New Gross Profit vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining King-Strong New's current stock value. Our valuation model uses many indicators to compare King-Strong New value to that of its competitors to determine the firm's financial worth. King Strong New Material is number one stock in net income category among its peers. It also is number one stock in gross profit category among its peers fabricating about 1.88 of Gross Profit per Net Income. At present, King-Strong New's Net Income is projected to increase 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 King-Strong New by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for King-Strong New'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.King-Strong Gross Profit vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
King-Strong New |
| = | 139.19 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
King-Strong New |
| = | 261.88 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
King-Strong Gross Profit Comparison
King Strong is currently under evaluation in gross profit category among its peers.
King-Strong New Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in King-Strong New, profitability is also one of the essential criteria for including it into their portfolios because, without profit, King-Strong New will eventually generate negative long term returns. The profitability progress is the general direction of King-Strong New's change in net profit over the period of time. It can combine multiple indicators of King-Strong New, 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 | ||
| Net Interest Income | -14 K | -14.7 K | |
| Interest Income | 1.7 M | 997.5 K | |
| Operating Income | 204.5 M | 214.8 M | |
| Net Income From Continuing Ops | 144.1 M | 151.3 M | |
| Income Before Tax | 170.7 M | 179.3 M | |
| Net Income Applicable To Common Shares | 151.2 M | 158.8 M | |
| Net Income | 139.2 M | 146.2 M | |
| Income Tax Expense | 22.3 M | 23.4 M | |
| Change To Netincome | 7.6 M | 8.2 M |
King-Strong Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on King-Strong New. 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 King-Strong New 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 King-Strong New's important profitability drivers and their relationship over time.
Use King-Strong New 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 King-Strong New 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 King-Strong New will appreciate offsetting losses from the drop in the long position's value.King-Strong New Pair Trading
King Strong New Material Pair Trading Analysis
The ability to find closely correlated positions to King-Strong New could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace King-Strong New 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 King-Strong New - 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 King Strong New Material to buy it.
The correlation of King-Strong New 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 King-Strong New moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if King Strong New 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 King-Strong New 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 King-Strong New position
In addition to having King-Strong New 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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Recreation
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Recreation theme has 33 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 Recreation Theme or any other thematic opportunities.
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Other Information on Investing in King-Strong Stock
To fully project King-Strong New's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of King Strong New 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 King-Strong New's income statement, its balance sheet, and the statement of cash flows.