Mingzhu Logistics Gross Profit vs. Return On Equity
| YGMZ Stock | USD 0.88 0.07 7.37% |
Gross Profit | First Reported 2010-12-31 | Previous Quarter 3.1 M | Current Value 4.7 M | Quarterly Volatility 1.6 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.0328 | 0.0345 |
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For Mingzhu Logistics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Mingzhu Logistics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Mingzhu Logistics Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Mingzhu Logistics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Mingzhu Logistics Holdings over time as well as its relative position and ranking within its peers.
Mingzhu |
Is Cargo Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mingzhu Logistics. If investors know Mingzhu will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mingzhu Logistics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.52) | Earnings Share 0.08 | Revenue Per Share 27.703 | Quarterly Revenue Growth (0.07) | Return On Assets 0.0047 |
The market value of Mingzhu Logistics is measured differently than its book value, which is the value of Mingzhu that is recorded on the company's balance sheet. Investors also form their own opinion of Mingzhu Logistics' value that differs from its market value or its book value, called intrinsic value, which is Mingzhu Logistics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mingzhu Logistics' market value can be influenced by many factors that don't directly affect Mingzhu Logistics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mingzhu Logistics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mingzhu Logistics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mingzhu Logistics' 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.
Mingzhu Logistics Return On Equity vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Mingzhu Logistics's current stock value. Our valuation model uses many indicators to compare Mingzhu Logistics value to that of its competitors to determine the firm's financial worth. Mingzhu Logistics Holdings is rated below average in gross profit category among its peers. It is rated fifth in return on equity category among its peers . The ratio of Gross Profit to Return On Equity for Mingzhu Logistics Holdings is about 1,178,157,975 . At this time, Mingzhu Logistics' Gross Profit is fairly stable compared to the past year. 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 Mingzhu Logistics' earnings, one of the primary drivers of an investment's value.Mingzhu Return On Equity 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.
Mingzhu Logistics |
| = | 9.31 M |
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 Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Mingzhu Logistics |
| = | 0.0079 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Mingzhu Return On Equity Comparison
Mingzhu Logistics is currently under evaluation in return on equity category among its peers.
Mingzhu Logistics Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Mingzhu Logistics, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Mingzhu Logistics will eventually generate negative long term returns. The profitability progress is the general direction of Mingzhu Logistics' change in net profit over the period of time. It can combine multiple indicators of Mingzhu Logistics, 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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -746.2 K | -708.9 K | |
| Net Interest Income | -450.3 K | -472.8 K | |
| Operating Income | 848.9 K | 1.7 M | |
| Net Income From Continuing Ops | 365.1 K | 346.8 K | |
| Income Before Tax | 633.7 K | 602 K | |
| Total Other Income Expense Net | -215.2 K | -204.5 K | |
| Net Loss | -844.6 K | -802.3 K | |
| Net Income | 365.1 K | 346.8 K | |
| Income Tax Expense | 268.6 K | 436.1 K | |
| Change To Netincome | 286.2 K | 300.6 K | |
| Net Loss | (0.37) | (0.35) | |
| Income Quality | (27.61) | (26.23) | |
| Net Loss | (15.12) | (14.36) |
Mingzhu Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Mingzhu Logistics. 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 Mingzhu Logistics 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 Mingzhu Logistics' important profitability drivers and their relationship over time.
Use Mingzhu Logistics 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 Mingzhu Logistics 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 Mingzhu Logistics will appreciate offsetting losses from the drop in the long position's value.Mingzhu Logistics Pair Trading
Mingzhu Logistics Holdings Pair Trading Analysis
The ability to find closely correlated positions to Mingzhu Logistics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mingzhu Logistics 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 Mingzhu Logistics - 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 Mingzhu Logistics Holdings to buy it.
The correlation of Mingzhu Logistics 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 Mingzhu Logistics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mingzhu Logistics 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 Mingzhu Logistics 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 Mingzhu Logistics position
In addition to having Mingzhu Logistics 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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Additional Tools for Mingzhu Stock Analysis
When running Mingzhu Logistics' price analysis, check to measure Mingzhu Logistics' 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 Mingzhu Logistics is operating at the current time. Most of Mingzhu Logistics' value examination focuses on studying past and present price action to predict the probability of Mingzhu Logistics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mingzhu Logistics' price. Additionally, you may evaluate how the addition of Mingzhu Logistics to your portfolios can decrease your overall portfolio volatility.