China Foods Ltd Stock Net Income
| CHFHY Stock | USD 7.65 0.43 5.96% |
China Foods Ltd fundamentals help investors to digest information that contributes to China Foods' financial success or failures. It also enables traders to predict the movement of China Pink Sheet. The fundamental analysis module provides a way to measure China Foods' 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 Foods pink sheet.
China |
China Foods Ltd Company Net Income Analysis
China Foods' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current China Foods Net Income | 572.41 M |
Most of China Foods' fundamental indicators, such as Net Income, 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 Foods Ltd is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, China Foods Ltd reported net income of 572.41 M. This is 48.21% lower than that of the Consumer Defensive sector and significantly higher than that of the Beverages—Non-Alcoholic industry. This indicator is about the same for all United States stocks average (which is currently at 5.7097980139E8).
China Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses China Foods' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of China Foods could also be used in its relative valuation, which is a method of valuing China Foods by comparing valuation metrics of similar companies.China Foods is currently under evaluation in net income category among related companies.
China Fundamentals
| Return On Equity | 0.14 | |||
| Return On Asset | 0.0651 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | 0.08 % | |||
| Current Valuation | 724.08 M | |||
| Shares Outstanding | 139.86 M | |||
| Price To Earning | 10.27 X | |||
| Price To Book | 1.05 X | |||
| Price To Sales | 0.05 X | |||
| Revenue | 19.78 B | |||
| Gross Profit | 7.06 B | |||
| EBITDA | 1.43 B | |||
| Net Income | 572.41 M | |||
| Cash And Equivalents | 2 B | |||
| Cash Per Share | 14.33 X | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 0.75 X | |||
| Book Value Per Share | 38.20 X | |||
| Cash Flow From Operations | 1.07 B | |||
| Earnings Per Share | 0.67 X | |||
| Number Of Employees | 19.05 K | |||
| Beta | 0.31 | |||
| Market Capitalization | 1.15 B | |||
| Total Asset | 15.17 B | |||
| Z Score | 1.0 | |||
| Annual Yield | 0.06 % | |||
| Net Asset | 15.17 B | |||
| Last Dividend Paid | 0.1 |
About China Foods Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze China Foods Ltd's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of China Foods using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of China Foods Ltd 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.
Pair Trading with China Foods
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 Foods 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 Foods will appreciate offsetting losses from the drop in the long position's value.Moving against China Pink Sheet
| 0.66 | TLK | Telkom Indonesia Tbk Financial Report 26th of April 2024 | PairCorr |
| 0.62 | TLKMF | Telkom Indonesia Tbk | PairCorr |
| 0.56 | EMBVF | Arca Continental SAB | PairCorr |
| 0.53 | PTAIY | Astra International Tbk | PairCorr |
| 0.41 | YKLTY | Yakult Honsha | PairCorr |
The ability to find closely correlated positions to China Foods 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 Foods 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 Foods - 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 Foods Ltd to buy it.
The correlation of China Foods 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 Foods moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if China Foods 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 Foods 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 Foods Ltd. 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 China Foods information on this page should be used as a complementary analysis to other China Foods' 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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for China Pink Sheet analysis
When running China Foods' price analysis, check to measure China Foods' 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 Foods is operating at the current time. Most of China Foods' value examination focuses on studying past and present price action to predict the probability of China Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Foods' price. Additionally, you may evaluate how the addition of China Foods to your portfolios can decrease your overall portfolio volatility.
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