Supreme Cable Net Income vs. Revenue
| SCCO Stock | IDR 2,170 10.00 0.46% |
For Supreme Cable profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Supreme Cable to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Supreme Cable Manufacturing utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Supreme Cable's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Supreme Cable Manufacturing over time as well as its relative position and ranking within its peers.
Supreme |
Supreme Cable Manufa Revenue vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Supreme Cable's current stock value. Our valuation model uses many indicators to compare Supreme Cable value to that of its competitors to determine the firm's financial worth. Supreme Cable Manufacturing is currently regarded as top stock in net income category among its peers. It also is currently regarded number one company in revenue category among its peers totaling about 35.47 of Revenue per Net Income. 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 Supreme Cable's earnings, one of the primary drivers of an investment's value.Supreme Revenue 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.
Supreme Cable |
| = | 141.56 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.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Supreme Cable |
| = | 5.02 T |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Supreme Revenue vs Competition
Supreme Cable Manufacturing is currently regarded number one company in revenue category among its peers. Market size based on revenue of Industrials industry is at this time estimated at about 15.25 Trillion. Supreme Cable totals roughly 5.02 Trillion in revenue claiming about 33% of equities under Industrials industry.
Supreme Cable Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Supreme Cable, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Supreme Cable will eventually generate negative long term returns. The profitability progress is the general direction of Supreme Cable's change in net profit over the period of time. It can combine multiple indicators of Supreme Cable, 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.
PT Supreme Cable Manufacturing Commerce Tbk manufactures and sells electrical cables, and insulation and melamine products in Indonesia and internationally. PT Supreme Cable Manufacturing Commerce Tbk was founded in 1970 and is headquartered in Central Jakarta, Indonesia. Supreme Cable operates under Electrical Equipment Parts classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 734 people.
Supreme Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Supreme Cable. 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 Supreme Cable 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 Supreme Cable's important profitability drivers and their relationship over time.
Use Supreme Cable 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 Supreme Cable 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 Supreme Cable will appreciate offsetting losses from the drop in the long position's value.Supreme Cable Pair Trading
Supreme Cable Manufacturing Pair Trading Analysis
The ability to find closely correlated positions to Supreme Cable could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Supreme Cable 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 Supreme Cable - 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 Supreme Cable Manufacturing to buy it.
The correlation of Supreme Cable 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 Supreme Cable moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Supreme Cable Manufa 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 Supreme Cable 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 Supreme Cable position
In addition to having Supreme Cable 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 Supreme Stock
To fully project Supreme Cable's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Supreme Cable Manufa 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 Supreme Cable's income statement, its balance sheet, and the statement of cash flows.