Fuyao Glass Gross Profit vs. Return On Asset
| FYGGY Stock | USD 1.67 0.00 0.00% |
For Fuyao Glass profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Fuyao Glass to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Fuyao Glass Industry utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Fuyao Glass's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Fuyao Glass Industry over time as well as its relative position and ranking within its peers.
Fuyao |
Fuyao Glass Industry Return On Asset vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Fuyao Glass's current stock value. Our valuation model uses many indicators to compare Fuyao Glass value to that of its competitors to determine the firm's financial worth. Fuyao Glass Industry is rated # 3 in gross profit category among its peers. It is one of the top stocks in return on asset category among its peers . The ratio of Gross Profit to Return On Asset for Fuyao Glass Industry is about 151,012,883,914 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Fuyao Glass by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Fuyao Glass' Pink Sheet. 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.Fuyao Return On Asset vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Fuyao Glass |
| = | 8.41 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
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.
Fuyao Glass |
| = | 0.0557 |
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.
Fuyao Return On Asset Comparison
Fuyao Glass is currently under evaluation in return on asset category among its peers.
Fuyao Glass Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Fuyao Glass, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Fuyao Glass will eventually generate negative long term returns. The profitability progress is the general direction of Fuyao Glass' change in net profit over the period of time. It can combine multiple indicators of Fuyao Glass, 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.
Fuyao Glass Industry Group Co., Ltd., together with its subsidiaries, provides solutions of safety glass and automotive accessories for various transportation vehicles in China and internationally. Fuyao Glass Industry Group Co., Ltd. was founded in 1987 and is headquartered in Fuqing, China. Fuyao Glass is traded on OTC Exchange in the United States.
Fuyao Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Fuyao Glass. 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 Fuyao Glass 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 Fuyao Glass' important profitability drivers and their relationship over time.
Use Fuyao Glass 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 Fuyao Glass 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 Fuyao Glass will appreciate offsetting losses from the drop in the long position's value.Fuyao Glass Pair Trading
Fuyao Glass Industry Pair Trading Analysis
The ability to find closely correlated positions to Fuyao Glass could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fuyao Glass 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 Fuyao Glass - 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 Fuyao Glass Industry to buy it.
The correlation of Fuyao Glass 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 Fuyao Glass moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fuyao Glass Industry 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 Fuyao Glass 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 Fuyao Glass position
In addition to having Fuyao Glass 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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Companies that develop and distribute software and software systems to individuals or business. The Software theme has 40 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 Software Theme or any other thematic opportunities.
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Additional Tools for Fuyao Pink Sheet Analysis
When running Fuyao Glass' price analysis, check to measure Fuyao Glass' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fuyao Glass is operating at the current time. Most of Fuyao Glass' value examination focuses on studying past and present price action to predict the probability of Fuyao Glass' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fuyao Glass' price. Additionally, you may evaluate how the addition of Fuyao Glass to your portfolios can decrease your overall portfolio volatility.