China Historical Financial Ratios
| CGG Stock | CAD 8.30 0.19 2.24% |
China Gold is presently reporting on over 94 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0588, PTB Ratio of 0.93 or Days Sales Outstanding of 29.13 will help investors to properly organize and evaluate China Gold International financial condition quickly.
China |
About China Financial Ratios Analysis
China Gold InternationalFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate China Gold investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on China financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across China Gold history.
China Gold Financial Ratios Chart
China Gold International financial ratios usually calculated using numerical values taken directly from China Gold financial statements such as income statements or balance sheets. They help investors to obtain meaningful information about China Gold. Most financial ratios help to conduct quantitative analysis to assess vital information about the company's valuation as well as profitability and liquidity indicators such as leverage, growth, profit margins, and different types of rates of return.
At this time, China Gold's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 23rd of April 2024, Average Inventory is likely to grow to about 31 M, while Price To Sales Ratio is likely to drop 3.22. Add Fundamental
Price To Sales Ratio
Price to Sales Ratio is figured by comparing China Gold International stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on China Gold sales, a figure that is much harder to manipulate than other China Gold International multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is China Gold International dividend as a percentage of China Gold stock price. China Gold International dividend yield is a measure of China Gold stock productivity, which can be interpreted as interest rate earned on an China Gold investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most ratios from China Gold's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into China Gold International current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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. At this time, China Gold's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 23rd of April 2024, Average Inventory is likely to grow to about 31 M, while Price To Sales Ratio is likely to drop 3.22.
| 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0866 | 0.0879 | 0.0588 | Price To Sales Ratio | 1.04 | 3.63 | 3.22 |
China Gold fundamentals Correlations
Click cells to compare fundamentals
China Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
China Gold fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 0.55 | 0.66 | 0.93 | 1.04 | 3.63 | 3.22 | |
| Ptb Ratio | 0.25 | 0.36 | 0.58 | 0.61 | 0.98 | 0.93 | |
| Days Sales Outstanding | 14.44 | 15.11 | 8.32 | 2.88 | 15.38 | 29.13 | |
| Book Value Per Share | 3.62 | 3.98 | 4.58 | 4.75 | 4.31 | 4.52 | |
| Free Cash Flow Yield | 0.0769 | 0.19 | 0.25 | 0.35 | (0.0359) | (0.0377) | |
| Operating Cash Flow Per Share | 0.4 | 0.66 | 1.05 | 1.13 | 0.003971 | 0.003772 | |
| Capex To Depreciation | (0.88) | (0.75) | (0.81) | (0.22) | (0.51) | (0.53) | |
| Pb Ratio | 0.25 | 0.36 | 0.58 | 0.61 | 0.98 | 0.93 | |
| Ev To Sales | 2.16 | 1.79 | 1.6 | 1.4 | 5.09 | 4.57 | |
| Free Cash Flow Per Share | 0.0698 | 0.28 | 0.66 | 1.01 | (0.15) | (0.16) | |
| Roic | 0.0112 | 0.05 | 0.1 | 0.0954 | 0.0159 | 0.0167 | |
| Inventory Turnover | 2.13 | 2.21 | 2.46 | 2.45 | 1.33 | 1.26 | |
| Net Income Per Share | (0.0811) | 0.28 | 0.67 | 0.56 | (0.0643) | (0.0611) | |
| Days Of Inventory On Hand | 171.62 | 165.05 | 148.22 | 149.01 | 275.18 | 153.5 | |
| Payables Turnover | 15.49 | 14.43 | 17.05 | 18.5 | 20.5 | 21.52 | |
| Sales General And Administrative To Revenue | 0.069 | 0.0376 | 0.0346 | 0.0401 | 0.0681 | 0.0759 | |
| Research And Ddevelopement To Revenue | 0.0257 | 0.0214 | 0.0232 | 0.023 | 0.019 | 0.0256 | |
| Pocfratio | 2.27 | 2.18 | 2.53 | 2.56 | 1.1K | 1.1K | |
| Interest Coverage | 0.57 | 3.89 | 10.87 | 12.48 | 1.51 | 1.58 | |
| Capex To Operating Cash Flow | (0.83) | (0.58) | (0.37) | (0.1) | (39.05) | (37.1) | |
| Pfcf Ratio | 13.01 | 5.19 | 4.01 | 2.85 | (27.84) | (29.23) | |
| Days Payables Outstanding | 23.57 | 25.3 | 21.4 | 19.73 | 17.81 | 16.92 | |
| Income Quality | (6.37) | 2.08 | 1.34 | 1.62 | (0.0843) | (0.0885) | |
| Roe | (0.0224) | 0.0709 | 0.15 | 0.12 | (0.0149) | (0.0157) | |
| Ev To Operating Cash Flow | 8.98 | 5.95 | 4.36 | 3.47 | 1.5K | 1.6K | |
| Pe Ratio | (11.2) | 5.06 | 3.94 | 5.13 | (65.4) | (62.13) | |
| Return On Tangible Assets | (0.0101) | 0.0337 | 0.0821 | 0.0697 | (0.008996) | (0.009445) | |
| Ev To Free Cash Flow | 51.39 | 14.2 | 6.91 | 3.86 | (39.04) | (37.09) | |
| Earnings Yield | (0.0893) | 0.2 | 0.25 | 0.19 | (0.0153) | (0.0161) | |
| Intangibles To Total Assets | 0.004847 | 0.004514 | 7.75E-4 | 3.61E-4 | 4.15E-4 | 3.94E-4 | |
| Net Debt To E B I T D A | 5.39 | 2.82 | 1.5 | 0.77 | 5.08 | 5.33 | |
| Current Ratio | 0.56 | 1.32 | 1.58 | 1.15 | 1.56 | 1.48 | |
| Tangible Book Value Per Share | 3.66 | 4.02 | 4.62 | 4.8 | 4.36 | 4.58 | |
| Receivables Turnover | 25.28 | 24.16 | 43.89 | 126.74 | 23.73 | 44.43 |
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 CEOs Directory module to screen CEOs from public companies around the world.
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.
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. |