Shanghai Rongtai Net Income vs. Total Debt

603579 Stock   15.15  0.21  1.41%   
Considering the key profitability indicators obtained from Shanghai Rongtai's historical financial statements, Shanghai Rongtai Health may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Shanghai Rongtai's ability to earn profits and add value for shareholders.
 
Net Income  
First Reported
2019-03-31
Previous Quarter
48.6 M
Current Value
31.2 M
Quarterly Volatility
16.8 M
 
Covid
For Shanghai Rongtai profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Shanghai Rongtai to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Shanghai Rongtai Health utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Shanghai Rongtai's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Shanghai Rongtai Health over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Shanghai Rongtai's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shanghai Rongtai is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shanghai Rongtai'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.

Shanghai Rongtai Health Total Debt vs. Net Income Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Shanghai Rongtai's current stock value. Our valuation model uses many indicators to compare Shanghai Rongtai value to that of its competitors to determine the firm's financial worth.
Shanghai Rongtai Health is number one stock in net income category among its peers. It also is the top company in total debt category among its peers making up about  0.64  of Total Debt per Net Income. The ratio of Net Income to Total Debt for Shanghai Rongtai Health is roughly  1.57 . At present, Shanghai Rongtai'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 Shanghai Rongtai by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Shanghai Rongtai'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.

Shanghai Total Debt 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.

Shanghai Rongtai

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
202.71 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.
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.

Shanghai Rongtai

Total Debt

 = 

Bonds

+

Notes

 = 
129.13 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.

Shanghai Total Debt vs Competition

Shanghai Rongtai Health is the top company in total debt category among its peers. Total debt of Consumer Discretionary industry is presently estimated at about 29.73 Trillion. Shanghai Rongtai adds roughly 129.13 Million in total debt claiming only tiny portion of stocks in Consumer Discretionary industry.
Total debt  Capitalization  Revenue  Valuation  Workforce

Shanghai Rongtai Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Shanghai Rongtai, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Shanghai Rongtai will eventually generate negative long term returns. The profitability progress is the general direction of Shanghai Rongtai's change in net profit over the period of time. It can combine multiple indicators of Shanghai Rongtai, 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 Income215.7 M192.8 M
Income Before Tax230.2 M192.6 M
Income Tax Expense37.9 M24.9 M
Net Interest IncomeM7.3 M
Interest Income34.8 M36.6 M
Net Income From Continuing Ops203.3 M175.1 M
Net Income Applicable To Common Shares147.8 M178.4 M
Net Income202.7 M176.4 M
Change To Netincome9.3 M9.7 M

Shanghai Profitability Driver Comparison

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

Use Shanghai Rongtai 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 Shanghai Rongtai 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 Shanghai Rongtai will appreciate offsetting losses from the drop in the long position's value.

Shanghai Rongtai Pair Trading

Shanghai Rongtai Health Pair Trading Analysis

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

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In addition to having Shanghai Rongtai 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.

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Other Information on Investing in Shanghai Stock

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