China Citic Profit Margin vs. Shares Outstanding
| 601998 Stock | 6.95 0.11 1.61% |
For China Citic profitability analysis, we use financial ratios and fundamental drivers that measure the ability of China Citic to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well China Citic Bank utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between China Citic's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of China Citic Bank over time as well as its relative position and ranking within its peers.
China |
China Citic Bank Shares Outstanding vs. Profit Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining China Citic's current stock value. Our valuation model uses many indicators to compare China Citic value to that of its competitors to determine the firm's financial worth. China Citic Bank is number one stock in profit margin category among its peers. It also is number one stock in shares outstanding category among its peers creating about 87,809,673,802 of Shares Outstanding per Profit Margin. The current year's Common Stock Shares Outstanding is expected to grow to about 53.8 B. Comparative valuation analysis is a catch-all model that can be used if you cannot value China Citic by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for China Citic'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 Shares Outstanding vs. Profit Margin
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
China Citic |
| = | 0.45 % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
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.
China Citic |
| = | 39.22 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.
China Shares Outstanding Comparison
China Citic is currently under evaluation in shares outstanding category among its peers.
China Citic Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in China Citic, profitability is also one of the essential criteria for including it into their portfolios because, without profit, China Citic will eventually generate negative long term returns. The profitability progress is the general direction of China Citic's change in net profit over the period of time. It can combine multiple indicators of China Citic, 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 | ||
| Operating Income | 63.6 B | 66.8 B | |
| Income Before Tax | 74.9 B | 45.7 B | |
| Income Tax Expense | 10.5 B | 8.8 B | |
| Net Income Applicable To Common Shares | 60.5 B | 37.5 B | |
| Net Income | 67 B | 42.1 B | |
| Net Income From Continuing Ops | 68.1 B | 55.9 B | |
| Total Other Income Expense Net | -1.1 B | -1.2 B | |
| Net Interest Income | 143.5 B | 141.7 B | |
| Interest Income | 317.7 B | 298.6 B | |
| Change To Netincome | 98.9 B | 81 B |
China Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on China Citic. 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 Citic 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 Citic's important profitability drivers and their relationship over time.
Use China Citic 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 Citic 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 Citic will appreciate offsetting losses from the drop in the long position's value.China Citic Pair Trading
China Citic Bank Pair Trading Analysis
The ability to find closely correlated positions to China Citic 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 Citic 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 Citic - 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 Citic Bank to buy it.
The correlation of China Citic 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 Citic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if China Citic Bank 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 Citic 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 China Citic position
In addition to having China Citic 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 Corporate Bonds Funds Thematic Idea Now
Corporate Bonds Funds
Funds or Etfs investing in different types of corporate debt instruments. The Corporate Bonds Funds theme has 46 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 Corporate Bonds Funds Theme or any other thematic opportunities.
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Other Information on Investing in China Stock
To fully project China Citic's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of China Citic Bank 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 Citic's income statement, its balance sheet, and the statement of cash flows.