China Gold International Stock Revenue
| CGG Stock | CAD 8.08 0.22 2.65% |
China Gold International fundamentals help investors to digest information that contributes to China Gold's financial success or failures. It also enables traders to predict the movement of China Stock. The fundamental analysis module provides a way to measure China Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to China Gold stock.
| Last Reported | Projected for Next Year | ||
| Total Revenue | 459.4 M | 475.7 M |
China | Revenue |
China Gold International Company Revenue Analysis
China Gold's 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.
Current China Gold Revenue | 459.43 M |
Most of China Gold's fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, China Gold International is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Historical and Projected quarterly revenue of China
Projected quarterly revenue analysis of China Gold International provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of China Gold match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in China Gold's stock price.
China Revenue Driver Correlations
Understanding the fundamental principles of building solid financial models for China Gold is extremely important. It helps to project a fair market value of China Stock properly, considering its historical fundamentals such as Revenue. Since China Gold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of China Gold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of China Gold's interrelated accounts and indicators.
Click cells to compare fundamentals
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.
| Competition |
China Current Deferred Revenue
Current Deferred Revenue |
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Based on the latest financial disclosure, China Gold International reported 459.43 M of revenue. This is 94.15% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The revenue for all Canada stocks is 95.13% higher than that of the company.
China Gold International is the top company in revenue category among related companies. Market size based on revenue of Materials industry is currently estimated at about 466.45 Million. China Gold totals roughly 459.43 Million in revenue claiming about 99% of all equities under Materials industry.China Gold Current Valuation Drivers
We derive many important indicators used in calculating different scores of China Gold from analyzing China Gold's financial statements. These drivers represent accounts that assess China Gold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of China Gold's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 359.9M | 566.5M | 1.1B | 1.1B | 1.7B | 1.8B | |
| Enterprise Value | 1.4B | 1.5B | 1.8B | 1.6B | 2.3B | 2.5B |
China Fundamentals
| Return On Equity | -0.0127 | ||||
| Return On Asset | 0.0058 | ||||
| Profit Margin | (0.06) % | ||||
| Operating Margin | (0.20) % | ||||
| Current Valuation | 3.98 B | ||||
| Shares Outstanding | 396.41 M | ||||
| Shares Owned By Insiders | 40.03 % | ||||
| Shares Owned By Institutions | 9.50 % | ||||
| Number Of Shares Shorted | 21.86 K | ||||
| Price To Earning | 202.22 X | ||||
| Price To Book | 1.46 X | ||||
| Price To Sales | 7.41 X | ||||
| Revenue | 459.43 M | ||||
| Gross Profit | 395.56 M | ||||
| EBITDA | 145.54 M | ||||
| Net Income | (25.5 M) | ||||
| Cash And Equivalents | 428.45 M | ||||
| Cash Per Share | 1.82 X | ||||
| Total Debt | 143.52 M | ||||
| Debt To Equity | 1.21 % | ||||
| Current Ratio | 1.20 X | ||||
| Book Value Per Share | 4.31 X | ||||
| Cash Flow From Operations | 1.57 M | ||||
| Short Ratio | 1.36 X | ||||
| Earnings Per Share | (0.09) X | ||||
| Target Price | 7.84 | ||||
| Beta | 2.0 | ||||
| Market Capitalization | 3.29 B | ||||
| Total Asset | 2.83 B | ||||
| Retained Earnings | 380.38 M | ||||
| Working Capital | 170.76 M | ||||
| Current Asset | 356.99 M | ||||
| Current Liabilities | 362.81 M | ||||
| Net Asset | 2.83 B |
About China Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze China Gold International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of China Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of China Gold International based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards China Gold in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, China Gold's short interest history, or implied volatility extrapolated from China Gold options trading.
Pair Trading with China Gold
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 China Gold 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 China Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with China Stock
| 0.84 | CCL-A | CCL Industries | PairCorr |
| 0.7 | TCL-B | Transcontinental | PairCorr |
Moving against China Stock
| 0.9 | RCI-A | Rogers Communications | PairCorr |
The ability to find closely correlated positions to China Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace China Gold 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 China Gold - 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 China Gold International to buy it.
The correlation of China Gold 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 China Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if China Gold International 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 China Gold 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Gold International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the China Gold International information on this page should be used as a complementary analysis to other China Gold's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for China Stock analysis
When running China Gold's price analysis, check to measure China Gold's 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 China Gold is operating at the current time. Most of China Gold's value examination focuses on studying past and present price action to predict the probability of China Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Gold's price. Additionally, you may evaluate how the addition of China Gold to your portfolios can decrease your overall portfolio volatility.
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