Hang Xiao Total Debt vs. Net Income
| 600477 Stock | 2.91 0.02 0.68% |
For Hang Xiao profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hang Xiao to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hang Xiao Steel utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hang Xiao's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hang Xiao Steel over time as well as its relative position and ranking within its peers.
Hang |
Hang Xiao Steel Net Income vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hang Xiao's current stock value. Our valuation model uses many indicators to compare Hang Xiao value to that of its competitors to determine the firm's financial worth. Hang Xiao Steel is the top company in total debt category among its peers. It also is number one stock in net income category among its peers making up about 0.08 of Net Income per Total Debt. The ratio of Total Debt to Net Income for Hang Xiao Steel is roughly 12.65 . At present, Hang Xiao'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 Hang Xiao by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Hang Xiao'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.Hang Total Debt vs. Competition
Hang Xiao Steel is the top company in total debt category among its peers. Total debt of Industrials industry is presently estimated at about 9.77 Billion. Hang Xiao totals roughly 3.72 Billion in total debt claiming about 38% of equities under Industrials industry.
Hang Net Income vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Hang Xiao |
| = | 3.72 B |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
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.
Hang Xiao |
| = | 293.62 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.
Hang Net Income Comparison
Hang Xiao is currently under evaluation in net income category among its peers.
Hang Xiao Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hang Xiao, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hang Xiao will eventually generate negative long term returns. The profitability progress is the general direction of Hang Xiao's change in net profit over the period of time. It can combine multiple indicators of Hang Xiao, 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 Income Applicable To Common Shares | 473.3 M | 497 M | |
| Net Income | 293.6 M | 230.9 M | |
| Operating Income | 692 M | 376.2 M | |
| Income Before Tax | 338.3 M | 311.3 M | |
| Income Tax Expense | 56.5 M | 49.1 M | |
| Net Income From Continuing Ops | 323 M | 378.1 M | |
| Total Other Income Expense Net | 127.6 M | 134 M | |
| Net Interest Income | -168.9 M | -160.4 M | |
| Interest Income | 4.5 M | 6.3 M | |
| Change To Netincome | 15.6 M | 14.9 M |
Hang Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hang Xiao. 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 Hang Xiao 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 Hang Xiao's important profitability drivers and their relationship over time.
Use Hang Xiao 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 Hang Xiao 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 Hang Xiao will appreciate offsetting losses from the drop in the long position's value.Hang Xiao Pair Trading
Hang Xiao Steel Pair Trading Analysis
The ability to find closely correlated positions to Hang Xiao could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hang Xiao 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 Hang Xiao - 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 Hang Xiao Steel to buy it.
The correlation of Hang Xiao 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 Hang Xiao moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hang Xiao Steel 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 Hang Xiao 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 Hang Xiao position
In addition to having Hang Xiao 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 Fabricated Products Thematic Idea Now
Fabricated Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Fabricated Products theme has 11 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 Fabricated Products Theme or any other thematic opportunities.
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Other Information on Investing in Hang Stock
To fully project Hang Xiao's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hang Xiao Steel 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 Hang Xiao's income statement, its balance sheet, and the statement of cash flows.