China Distance Education Stock Total Asset
China Distance Education fundamentals help investors to digest information that contributes to China Distance'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 Distance'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 Distance stock.
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China Distance Education Company Total Asset Analysis
China Distance's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current China Distance Total Asset | 148.92 M |
Most of China Distance's fundamental indicators, such as Total Asset, 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 Distance Education is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
CompetitionBased on the latest financial disclosure, China Distance Education has a Total Asset of 148.92 M. This is 99.4% lower than that of the Consumer Defensive sector and 83.97% lower than that of the Education & Training Services industry. The total asset for all United States stocks is 99.49% higher than that of the company.
China Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses China Distance's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of China Distance could also be used in its relative valuation, which is a method of valuing China Distance by comparing valuation metrics of similar companies.China Distance is currently under evaluation in total asset category among related companies.
China Fundamentals
| Return On Equity | 6.49 | |||
| Return On Asset | 3.12 | |||
| Profit Margin | 4.98 % | |||
| Operating Margin | 8.97 % | |||
| Current Valuation | 314.69 M | |||
| Shares Outstanding | 33.83 M | |||
| Shares Owned By Insiders | 35.59 % | |||
| Shares Owned By Institutions | 16.41 % | |||
| Number Of Shares Shorted | 58.23 K | |||
| Price To Earning | 31.49 X | |||
| Price To Book | 4.22 X | |||
| Price To Sales | 1.59 X | |||
| Revenue | 209.56 M | |||
| Gross Profit | 107.96 M | |||
| EBITDA | 32 M | |||
| Net Income | 10.35 M | |||
| Cash And Equivalents | 113.84 M | |||
| Cash Per Share | 3.33 X | |||
| Total Debt | 47.26 M | |||
| Debt To Equity | 0.37 % | |||
| Current Ratio | 0.87 X | |||
| Book Value Per Share | 2.31 X | |||
| Cash Flow From Operations | 40.96 M | |||
| Short Ratio | 1.73 X | |||
| Earnings Per Share | 0.31 X | |||
| Price To Earnings To Growth | (3.23) X | |||
| Number Of Employees | 2.46 K | |||
| Beta | 0.92 | |||
| Market Capitalization | 332.64 M | |||
| Total Asset | 148.92 M | |||
| Retained Earnings | 75.28 M | |||
| Working Capital | (2.79 M) | |||
| Current Asset | 85.82 M | |||
| Current Liabilities | 88.62 M | |||
| Z Score | 5.2 | |||
| Last Dividend Paid | 0.58 |
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 Distance 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 Distance's short interest history, or implied volatility extrapolated from China Distance options trading.
Pair Trading with China Distance
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 Distance 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 Distance will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Prudential Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Prudential Financial 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 Prudential Financial - 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 Prudential Financial to buy it.
The correlation of Prudential Financial 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 Prudential Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Prudential Financial 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 Prudential Financial 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 Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Other Consideration for investing in China Stock
If you are still planning to invest in China Distance Education check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the China Distance's history and understand the potential risks before investing.
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