China Northern Net Income vs. EBITDA

600111 Stock   23.51  0.05  0.21%   
Considering China Northern's profitability and operating efficiency indicators, China Northern Rare may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess China Northern's ability to earn profits and add value for shareholders.
 
Net Income  
First Reported
2018-06-30
Previous Quarter
-6.7 M
Current Value
359.9 M
Quarterly Volatility
605.7 M
 
Covid
For China Northern profitability analysis, we use financial ratios and fundamental drivers that measure the ability of China Northern to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well China Northern Rare utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between China Northern's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of China Northern Rare over time as well as its relative position and ranking within its peers.
  
Check out Trending Equities.
Please note, there is a significant difference between China Northern's value and its price as these two are different measures arrived at by different means. Investors typically determine if China Northern is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China Northern'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.

China Northern Rare EBITDA vs. Net Income Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining China Northern's current stock value. Our valuation model uses many indicators to compare China Northern value to that of its competitors to determine the firm's financial worth.
China Northern Rare is number one stock in net income category among its peers. It also is number one stock in ebitda category among its peers totaling about  1.21  of EBITDA per Net Income. At present, China Northern'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 China Northern by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for China Northern'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.

China EBITDA 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.

China Northern

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
2.37 B
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.
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.

China Northern

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
2.86 B
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.

China EBITDA Comparison

China Northern is currently under evaluation in ebitda category among its peers.

China Northern Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in China Northern, profitability is also one of the essential criteria for including it into their portfolios because, without profit, China Northern will eventually generate negative long term returns. The profitability progress is the general direction of China Northern's change in net profit over the period of time. It can combine multiple indicators of China Northern, 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
Operating Income3.8 BB
Income Before Tax3.1 B1.6 B
Net Income Applicable To Common Shares6.9 B7.2 B
Net Income2.4 B2.5 B
Income Tax Expense1.2 B1.3 B
Net Income From Continuing Ops2.6 B2.1 B
Total Other Income Expense Net-180.6 M-171.6 M
Net Interest Income-182.7 M-191.8 M
Interest Income80.9 M66.1 M
Change To Netincome2.3 B2.4 B

China Profitability Driver Comparison

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

Use China Northern 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 China Northern 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 China Northern will appreciate offsetting losses from the drop in the long position's value.

China Northern Pair Trading

China Northern Rare Pair Trading Analysis

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

In addition to having China Northern 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 Shipbuilding Railroad Equipment Thematic Idea Now

Shipbuilding Railroad Equipment
Shipbuilding Railroad Equipment Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Shipbuilding Railroad Equipment theme has 16 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 Shipbuilding Railroad Equipment Theme or any other thematic opportunities.
View All  Next Launch

Other Information on Investing in China Stock

To fully project China Northern's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of China Northern Rare 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 China Northern's income statement, its balance sheet, and the statement of cash flows.
Potential China Northern investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although China Northern investors may work on each financial statement separately, they are all related. The changes in China Northern's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on China Northern'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.