Kangping Technology Net Income vs. Return On Equity

300907 Stock   23.98  0.06  0.25%   
Based on the key profitability measurements obtained from Kangping Technology's financial statements, Kangping Technology Co may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Kangping Technology's ability to earn profits and add value for shareholders.
 
Net Income  
First Reported
2010-12-31
Previous Quarter
49.6 M
Current Value
33.5 M
Quarterly Volatility
10.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
For Kangping Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Kangping Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Kangping Technology Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Kangping Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Kangping Technology 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 Kangping Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kangping Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kangping Technology'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.

Kangping Technology Return On Equity vs. Net Income Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Kangping Technology's current stock value. Our valuation model uses many indicators to compare Kangping Technology value to that of its competitors to determine the firm's financial worth.
Kangping Technology Co is rated fifth in net income category among its peers. It is rated third in return on equity category among its peers . The ratio of Net Income to Return On Equity for Kangping Technology Co is about  631,323,193 . At present, Kangping Technology's Net Income 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 Kangping Technology by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Kangping Technology'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.

Kangping Return On Equity 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.

Kangping Technology

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
49.62 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.
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.

Kangping Technology

Return On Equity

 = 

Net Income

Total Equity

 = 
0.0786
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.

Kangping Return On Equity Comparison

Kangping Technology is currently under evaluation in return on equity category among its peers.

Kangping Technology Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Kangping Technology, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Kangping Technology will eventually generate negative long term returns. The profitability progress is the general direction of Kangping Technology's change in net profit over the period of time. It can combine multiple indicators of Kangping Technology, 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 ReportedProjected for Next Year
Net Interest Income-1.1 M-1.2 M
Interest Income2.9 M1.7 M
Operating Income63 M44.5 M
Net Income From Continuing Ops49.5 M33.5 M
Income Before Tax54.4 M35.3 M
Net Income49.6 M33.5 M

Kangping Profitability Driver Comparison

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

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

Kangping Technology Pair Trading

Kangping Technology Co Pair Trading Analysis

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

In addition to having Kangping Technology 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.

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Heavy Metals
Heavy Metals Theme
Companies involved in mining, production, and distribution of various industrial metals and minerals. The Heavy Metals theme has 37 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 Heavy Metals Theme or any other thematic opportunities.
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Other Information on Investing in Kangping Stock

To fully project Kangping Technology's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Kangping Technology 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 Kangping Technology's income statement, its balance sheet, and the statement of cash flows.
Potential Kangping Technology investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Kangping Technology investors may work on each financial statement separately, they are all related. The changes in Kangping Technology's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Kangping Technology's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.