Citic Resources Holdings Stock EBITDA
| CTJHY Stock | USD 12.06 0.23 1.87% |
CITIC Resources Holdings fundamentals help investors to digest information that contributes to CITIC Resources' financial success or failures. It also enables traders to predict the movement of CITIC Pink Sheet. The fundamental analysis module provides a way to measure CITIC Resources' 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 CITIC Resources pink sheet.
CITIC |
CITIC Resources Holdings Company EBITDA Analysis
CITIC Resources' 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.
Current CITIC Resources EBITDA | 1.85 B |
Most of CITIC Resources' fundamental indicators, such as EBITDA, 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, CITIC Resources Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
According to the company disclosure, CITIC Resources Holdings reported earnings before interest,tax, depreciation and amortization of 1.85 B. This is 132.67% higher than that of the Basic Materials sector and significantly higher than that of the Other Industrial Metals & Mining industry. The ebitda for all United States stocks is 52.53% higher than that of the company.
CITIC EBITDA Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CITIC Resources' direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of CITIC Resources could also be used in its relative valuation, which is a method of valuing CITIC Resources by comparing valuation metrics of similar companies.CITIC Resources is currently under evaluation in ebitda category among related companies.
CITIC Fundamentals
| Return On Equity | 0.24 | |||
| Return On Asset | 0.0748 | |||
| Profit Margin | 0.27 % | |||
| Operating Margin | 0.26 % | |||
| Current Valuation | 538.46 M | |||
| Shares Outstanding | 39.29 M | |||
| Price To Earning | 7.47 X | |||
| Price To Book | 0.53 X | |||
| Price To Sales | 0.09 X | |||
| Revenue | 4.35 B | |||
| Gross Profit | 1.19 B | |||
| EBITDA | 1.85 B | |||
| Net Income | 1.1 B | |||
| Cash And Equivalents | 1.38 B | |||
| Cash Per Share | 35.24 X | |||
| Total Debt | 3.42 B | |||
| Debt To Equity | 0.61 % | |||
| Current Ratio | 1.89 X | |||
| Book Value Per Share | 187.20 X | |||
| Cash Flow From Operations | 1.11 B | |||
| Earnings Per Share | 3.58 X | |||
| Number Of Employees | 199 | |||
| Beta | 0.88 | |||
| Market Capitalization | 540.76 M | |||
| Total Asset | 12.7 B | |||
| Retained Earnings | (4.45 B) | |||
| Working Capital | (364 M) | |||
| Current Asset | 3.96 B | |||
| Current Liabilities | 4.32 B | |||
| Annual Yield | 0.1 % | |||
| Net Asset | 12.7 B | |||
| Last Dividend Paid | 0.045 |
About CITIC Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CITIC Resources Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CITIC Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CITIC Resources Holdings 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 CITIC Resources 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, CITIC Resources' short interest history, or implied volatility extrapolated from CITIC Resources options trading.
Pair Trading with CITIC Resources
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 CITIC Resources 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 CITIC Resources will appreciate offsetting losses from the drop in the long position's value.Moving against CITIC Pink Sheet
| 0.72 | TLK | Telkom Indonesia Tbk Financial Report 26th of April 2024 | PairCorr |
| 0.64 | VFS | VinFast Auto Financial Report 20th of May 2024 | PairCorr |
| 0.47 | VFSWW | VinFast Auto | PairCorr |
The ability to find closely correlated positions to CITIC Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CITIC Resources 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 CITIC Resources - 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 CITIC Resources Holdings to buy it.
The correlation of CITIC Resources 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 CITIC Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CITIC Resources Holdings 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 CITIC Resources 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 CITIC Resources Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the CITIC Resources Holdings information on this page should be used as a complementary analysis to other CITIC Resources' 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for CITIC Pink Sheet analysis
When running CITIC Resources' price analysis, check to measure CITIC Resources' 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 CITIC Resources is operating at the current time. Most of CITIC Resources' value examination focuses on studying past and present price action to predict the probability of CITIC Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CITIC Resources' price. Additionally, you may evaluate how the addition of CITIC Resources to your portfolios can decrease your overall portfolio volatility.
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