Chenming Mold Revenue vs. Return On Asset
| 3013 Stock | TWD 145.00 3.50 2.36% |
For Chenming Mold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Chenming Mold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Chenming Mold Industrial utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Chenming Mold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Chenming Mold Industrial over time as well as its relative position and ranking within its peers.
Chenming |
Chenming Mold Industrial Return On Asset vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Chenming Mold's current stock value. Our valuation model uses many indicators to compare Chenming Mold value to that of its competitors to determine the firm's financial worth. Chenming Mold Industrial is rated third in revenue category among its peers. It also is rated third in return on asset category among its peers . The ratio of Revenue to Return On Asset for Chenming Mold Industrial is about 1,100,950,833,333 . 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 Chenming Mold's earnings, one of the primary drivers of an investment's value.Chenming Revenue vs. Competition
Chenming Mold Industrial is rated third in revenue category among its peers. Market size based on revenue of Information Technology industry is presently estimated at about 46.31 Billion. Chenming Mold retains roughly 5.28 Billion in revenue claiming about 11% of equities under Information Technology industry.
Chenming Return On Asset vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Chenming Mold |
| = | 5.28 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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.
Chenming Mold |
| = | 0.0048 |
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.
Chenming Return On Asset Comparison
Chenming Mold is currently under evaluation in return on asset category among its peers.
Chenming Mold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Chenming Mold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Chenming Mold will eventually generate negative long term returns. The profitability progress is the general direction of Chenming Mold's change in net profit over the period of time. It can combine multiple indicators of Chenming Mold, 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.
Chenming Mold Ind. Corporation manufactures and sells various mechanical parts in Asia and North America.
Chenming Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Chenming Mold. 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 Chenming Mold 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 Chenming Mold's important profitability drivers and their relationship over time.
Use Chenming Mold 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 Chenming Mold 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 Chenming Mold will appreciate offsetting losses from the drop in the long position's value.Chenming Mold Pair Trading
Chenming Mold Industrial Pair Trading Analysis
The ability to find closely correlated positions to Chenming Mold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chenming Mold 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 Chenming Mold - 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 Chenming Mold Industrial to buy it.
The correlation of Chenming Mold 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 Chenming Mold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chenming Mold Industrial 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 Chenming Mold 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 Chenming Mold position
In addition to having Chenming Mold 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 Alternative Energy Thematic Idea Now
Alternative Energy
Large and mid-size companies, ETFs and funds that are either investing or directly involved in providing energy derived from sources not connected to fossil fuels, do not consume natural resources, and do not harm the environment. This includes wind power, nuclear and solar energy, biofuel, ethanol, hydrogen and others alternative sources of energy. The Alternative Energy theme has 42 constituents at this time.
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Additional Tools for Chenming Stock Analysis
When running Chenming Mold's price analysis, check to measure Chenming Mold'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 Chenming Mold is operating at the current time. Most of Chenming Mold's value examination focuses on studying past and present price action to predict the probability of Chenming Mold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chenming Mold's price. Additionally, you may evaluate how the addition of Chenming Mold to your portfolios can decrease your overall portfolio volatility.