Hana Microelectronics Price To Sales vs. Net Income
| HANA Stock | THB 25.50 0.50 1.92% |
For Hana Microelectronics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hana Microelectronics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hana Microelectronics Public utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hana Microelectronics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hana Microelectronics Public over time as well as its relative position and ranking within its peers.
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Hana Microelectronics Net Income vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hana Microelectronics's current stock value. Our valuation model uses many indicators to compare Hana Microelectronics value to that of its competitors to determine the firm's financial worth. Hana Microelectronics Public is one of the top stocks in price to sales category among its peers. It also is one of the top stocks in net income category among its peers making up about 999,685,186 of Net Income per Price To Sales. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Hana Microelectronics' earnings, one of the primary drivers of an investment's value.Hana Net Income vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Hana Microelectronics |
| = | 1.55 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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.
Hana Microelectronics |
| = | 1.55 B |
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.
Hana Net Income Comparison
Hana Microelectronics is currently under evaluation in net income category among its peers.
Hana Microelectronics Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hana Microelectronics, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hana Microelectronics will eventually generate negative long term returns. The profitability progress is the general direction of Hana Microelectronics' change in net profit over the period of time. It can combine multiple indicators of Hana Microelectronics, 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.
Hana Microelectronics Public Company Limited, together with its subsidiaries, manufactures and trades in electronic components. The company was founded in 1978 and is headquartered in Bangkok, Thailand. HANA MICROELECTRONICS operates under Electronic Components classification in Thailand and is traded on Stock Exchange of Thailand.
Hana Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hana Microelectronics. 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 Hana Microelectronics 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 Hana Microelectronics' important profitability drivers and their relationship over time.
Use Hana Microelectronics 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 Hana Microelectronics 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 Hana Microelectronics will appreciate offsetting losses from the drop in the long position's value.Hana Microelectronics Pair Trading
Hana Microelectronics Public Pair Trading Analysis
The ability to find closely correlated positions to Hana Microelectronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hana Microelectronics 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 Hana Microelectronics - 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 Hana Microelectronics Public to buy it.
The correlation of Hana Microelectronics 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 Hana Microelectronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hana Microelectronics 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 Hana Microelectronics 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 Hana Microelectronics position
In addition to having Hana Microelectronics 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 Hana Stock
To fully project Hana Microelectronics' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hana Microelectronics 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 Hana Microelectronics' income statement, its balance sheet, and the statement of cash flows.