Liaoning Dingjide Total Debt vs. Net Income
| 603255 Stock | 32.22 0.01 0.03% |
For Liaoning Dingjide profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Liaoning Dingjide to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Liaoning Dingjide Petrochemical utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Liaoning Dingjide's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Liaoning Dingjide Petrochemical over time as well as its relative position and ranking within its peers.
Liaoning |
Liaoning Dingjide Net Income vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Liaoning Dingjide's current stock value. Our valuation model uses many indicators to compare Liaoning Dingjide value to that of its competitors to determine the firm's financial worth. Liaoning Dingjide Petrochemical is rated below average in total debt category among its peers. It is rated below average in net income category among its peers making up about 0.21 of Net Income per Total Debt. The ratio of Total Debt to Net Income for Liaoning Dingjide Petrochemical is roughly 4.70 . At present, Liaoning Dingjide's Net Income is projected to decrease 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 Liaoning Dingjide by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Liaoning Dingjide'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.Liaoning Total Debt vs. Competition
Liaoning Dingjide Petrochemical is rated below average in total debt category among its peers. Total debt of Materials industry is presently estimated at about 267.88 Billion. Liaoning Dingjide adds roughly 288.35 Million in total debt claiming only tiny portion of all equities under Materials industry.
Liaoning 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.
Liaoning Dingjide |
| = | 288.35 M |
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.
Liaoning Dingjide |
| = | 61.36 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.
Liaoning Net Income Comparison
Liaoning Dingjide is currently under evaluation in net income category among its peers.
Liaoning Dingjide Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Liaoning Dingjide, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Liaoning Dingjide will eventually generate negative long term returns. The profitability progress is the general direction of Liaoning Dingjide's change in net profit over the period of time. It can combine multiple indicators of Liaoning Dingjide, 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 Interest Income | 1.9 M | 2 M | |
| Interest Income | 8.1 M | 8.5 M | |
| Operating Income | 61.8 M | 96.7 M | |
| Net Income From Continuing Ops | 61.4 M | 81.9 M | |
| Income Before Tax | 67.2 M | 92.5 M | |
| Net Income | 61.4 M | 81.2 M |
Liaoning Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Liaoning Dingjide. 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 Liaoning Dingjide 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 Liaoning Dingjide's important profitability drivers and their relationship over time.
Use Liaoning Dingjide 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 Liaoning Dingjide 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 Liaoning Dingjide will appreciate offsetting losses from the drop in the long position's value.Liaoning Dingjide Pair Trading
Liaoning Dingjide Petrochemical Pair Trading Analysis
The ability to find closely correlated positions to Liaoning Dingjide could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Liaoning Dingjide 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 Liaoning Dingjide - 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 Liaoning Dingjide Petrochemical to buy it.
The correlation of Liaoning Dingjide 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 Liaoning Dingjide moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Liaoning Dingjide 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 Liaoning Dingjide 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 Liaoning Dingjide position
In addition to having Liaoning Dingjide 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?
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Other Information on Investing in Liaoning Stock
To fully project Liaoning Dingjide's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Liaoning Dingjide 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 Liaoning Dingjide's income statement, its balance sheet, and the statement of cash flows.