Hoshine Silicon Return On Asset vs. Operating Margin
| 603260 Stock | 59.69 0.85 1.44% |
For Hoshine Silicon profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hoshine Silicon to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hoshine Silicon Ind utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hoshine Silicon's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hoshine Silicon Ind over time as well as its relative position and ranking within its peers.
Hoshine |
Hoshine Silicon Ind Operating Margin vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hoshine Silicon's current stock value. Our valuation model uses many indicators to compare Hoshine Silicon value to that of its competitors to determine the firm's financial worth. Hoshine Silicon Ind is rated fourth in return on asset category among its peers. It is rated second in operating margin category among its peers reporting about 7.98 of Operating Margin per Return On Asset. Comparative valuation analysis is a catch-all model that can be used if you cannot value Hoshine Silicon by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Hoshine Silicon'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.Hoshine Operating Margin vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Hoshine Silicon |
| = | 0.0276 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Hoshine Silicon |
| = | 0.22 % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Hoshine Operating Margin Comparison
Hoshine Silicon is number one stock in operating margin category among its peers.
Hoshine Silicon Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hoshine Silicon, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hoshine Silicon will eventually generate negative long term returns. The profitability progress is the general direction of Hoshine Silicon's change in net profit over the period of time. It can combine multiple indicators of Hoshine Silicon, 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 | 4 B | 2.9 B | |
| Income Before Tax | 3.4 B | 2.7 B | |
| Income Tax Expense | 1.4 B | 1.4 B | |
| Net Income Applicable To Common Shares | 5.9 B | 6.2 B | |
| Net Interest Income | -496 M | -471.2 M | |
| Interest Income | 69.8 M | 73.3 M | |
| Net Income From Continuing Ops | 2.6 B | 3.2 B | |
| Net Income | 2.6 B | 3.2 B | |
| Change To Netincome | 283.5 M | 239.5 M |
Hoshine Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hoshine Silicon. 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 Hoshine Silicon 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 Hoshine Silicon's important profitability drivers and their relationship over time.
Use Hoshine Silicon 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 Hoshine Silicon 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 Hoshine Silicon will appreciate offsetting losses from the drop in the long position's value.Hoshine Silicon Pair Trading
Hoshine Silicon Ind Pair Trading Analysis
The ability to find closely correlated positions to Hoshine Silicon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hoshine Silicon 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 Hoshine Silicon - 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 Hoshine Silicon Ind to buy it.
The correlation of Hoshine Silicon 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 Hoshine Silicon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hoshine Silicon Ind 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 Hoshine Silicon 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 Hoshine Silicon position
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Other Information on Investing in Hoshine Stock
To fully project Hoshine Silicon's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hoshine Silicon Ind 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 Hoshine Silicon's income statement, its balance sheet, and the statement of cash flows.