Sinopec Shanghai Gross Profit vs. EBITDA
| SPTJF Stock | USD 0.16 0.01 6.67% |
For Sinopec Shanghai profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sinopec Shanghai to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sinopec Shanghai Petrochemical utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sinopec Shanghai's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sinopec Shanghai Petrochemical over time as well as its relative position and ranking within its peers.
Sinopec |
Sinopec Shanghai Pet EBITDA vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sinopec Shanghai's current stock value. Our valuation model uses many indicators to compare Sinopec Shanghai value to that of its competitors to determine the firm's financial worth. Sinopec Shanghai Petrochemical is currently regarded as top stock in gross profit category among its peers. It also is currently regarded as top stock in ebitda category among its peers totaling about 0.27 of EBITDA per Gross Profit. The ratio of Gross Profit to EBITDA for Sinopec Shanghai Petrochemical is roughly 3.65 . 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 Sinopec Shanghai's earnings, one of the primary drivers of an investment's value.Sinopec EBITDA 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.
Sinopec Shanghai |
| = | 17.45 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.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Sinopec Shanghai |
| = | 4.78 B |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Sinopec EBITDA Comparison
Sinopec Shanghai is currently under evaluation in ebitda category among its peers.
Sinopec Shanghai Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sinopec Shanghai, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sinopec Shanghai will eventually generate negative long term returns. The profitability progress is the general direction of Sinopec Shanghai's change in net profit over the period of time. It can combine multiple indicators of Sinopec Shanghai, 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.
Sinopec Shanghai Petrochemical Company Limited, together with its subsidiaries, manufactures and sells petroleum products in the Peoples Republic of China. Sinopec Shanghai Petrochemical Company Limited is a subsidiary of China Petroleum Chemical Corporation. Sinopec Shanghai operates under Oil Gas Refining Marketing classification in the United States and is traded on OTC Exchange. It employs 80 people.
Sinopec Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sinopec Shanghai. 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 Sinopec Shanghai 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 Sinopec Shanghai's important profitability drivers and their relationship over time.
Use Sinopec Shanghai 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 Sinopec Shanghai 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 Sinopec Shanghai will appreciate offsetting losses from the drop in the long position's value.Sinopec Shanghai Pair Trading
Sinopec Shanghai Petrochemical Pair Trading Analysis
The ability to find closely correlated positions to Sinopec Shanghai could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sinopec Shanghai 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 Sinopec Shanghai - 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 Sinopec Shanghai Petrochemical to buy it.
The correlation of Sinopec Shanghai 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 Sinopec Shanghai moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sinopec Shanghai Pet 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 Sinopec Shanghai 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 Sinopec Shanghai position
In addition to having Sinopec Shanghai 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 Sinopec Pink Sheet
To fully project Sinopec Shanghai's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Sinopec Shanghai Pet 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 Sinopec Shanghai's income statement, its balance sheet, and the statement of cash flows.