Minmetals Capital Net Income vs. Shares Outstanding

600390 Stock   7.30  0.06  0.83%   
Taking into consideration Minmetals Capital's profitability measurements, Minmetals Capital Co may not be well positioned to generate adequate gross income at the present time. It has a very high chance of underperforming in January. Profitability indicators assess Minmetals Capital's ability to earn profits and add value for shareholders.
 
Net Income  
First Reported
2018-06-30
Previous Quarter
458.9 M
Current Value
319.8 M
Quarterly Volatility
326.4 M
 
Covid
For Minmetals Capital profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Minmetals Capital to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Minmetals Capital Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Minmetals Capital's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Minmetals Capital Co 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 Minmetals Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Minmetals Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Minmetals Capital'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.

Minmetals Capital Shares Outstanding vs. Net Income Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Minmetals Capital's current stock value. Our valuation model uses many indicators to compare Minmetals Capital value to that of its competitors to determine the firm's financial worth.
Minmetals Capital Co is number one stock in net income category among its peers. It is rated fourth in shares outstanding category among its peers creating about  1.99  of Shares Outstanding per Net Income. At present, Minmetals Capital'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 Minmetals Capital by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Minmetals Capital'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.

Minmetals Shares Outstanding 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.

Minmetals Capital

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
2.26 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.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Minmetals Capital

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
4.5 B
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

Minmetals Shares Outstanding Comparison

Minmetals Capital is currently under evaluation in shares outstanding category among its peers.

Minmetals Capital Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Minmetals Capital, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Minmetals Capital will eventually generate negative long term returns. The profitability progress is the general direction of Minmetals Capital's change in net profit over the period of time. It can combine multiple indicators of Minmetals Capital, 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 Income3.7 B3.9 B
Income Before Tax3.6 B2.1 B
Net Income Applicable To Common Shares3.9 B4.1 B
Net Income2.3 B1.3 B
Income Tax Expense1.5 B1.6 B
Net Income From Continuing Ops2.8 B3.3 B
Total Other Income Expense Net1.7 B1.6 B
Net Interest Income-338 M-321.1 M
Interest Income7.6 M7.2 M
Change To Netincome2.1 B2.2 B

Minmetals Profitability Driver Comparison

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

Use Minmetals Capital 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 Minmetals Capital 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 Minmetals Capital will appreciate offsetting losses from the drop in the long position's value.

Minmetals Capital Pair Trading

Minmetals Capital Co Pair Trading Analysis

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

In addition to having Minmetals Capital 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 Banks Thematic Idea Now

Banks
Banks Theme
Large and small money and credit banks and credit services. The Banks theme has 42 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 Banks Theme or any other thematic opportunities.
View All  Next Launch

Other Information on Investing in Minmetals Stock

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