China Gas Revenue vs. Price To Book
| CGHLY Stock | USD 23.47 0.73 3.02% |
For China Gas profitability analysis, we use financial ratios and fundamental drivers that measure the ability of China Gas to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well China Gas Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between China Gas's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of China Gas Holdings over time as well as its relative position and ranking within its peers.
China |
China Gas Holdings Price To Book vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining China Gas's current stock value. Our valuation model uses many indicators to compare China Gas value to that of its competitors to determine the firm's financial worth. China Gas Holdings is the top company in revenue category among its peers. It is rated second in price to book category among its peers . The ratio of Revenue to Price To Book for China Gas Holdings is about 109,542,082,195 . Comparative valuation analysis is a catch-all model that can be used if you cannot value China Gas by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for China Gas' Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.China Revenue vs. Competition
China Gas Holdings is the top company in revenue category among its peers. Market size based on revenue of Utilities—Regulated Gas industry is currently estimated at about 101.69 Billion. China Gas totals roughly 88.23 Billion in revenue claiming about 87% of Utilities—Regulated Gas industry.
China Price To Book vs. Revenue
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.
China Gas |
| = | 88.23 B |
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.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
China Gas |
| = | 0.81 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
China Price To Book Comparison
China Gas is currently under evaluation in price to book category among its peers.
China Gas Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in China Gas, profitability is also one of the essential criteria for including it into their portfolios because, without profit, China Gas will eventually generate negative long term returns. The profitability progress is the general direction of China Gas' change in net profit over the period of time. It can combine multiple indicators of China Gas, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
China Gas Holdings Limited operates as a gas operator and service provider in the Peoples Republic of China. The company was incorporated in 1995 and is headquartered in Wan Chai, Hong Kong. CHINA GAS is traded on OTC Exchange in the United States.
China Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on China Gas. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of China Gas position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the China Gas' important profitability drivers and their relationship over time.
Use China Gas in pair-trading
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 Gas 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 Gas will appreciate offsetting losses from the drop in the long position's value.China Gas Pair Trading
China Gas Holdings Pair Trading Analysis
The ability to find closely correlated positions to China Gas 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 Gas 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 Gas - 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 Gas Holdings to buy it.
The correlation of China Gas 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 Gas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if China Gas 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 China Gas 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.Use Investing Themes to Complement your China Gas position
In addition to having China Gas in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Tools for China Pink Sheet Analysis
When running China Gas' price analysis, check to measure China Gas' 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 Gas is operating at the current time. Most of China Gas' value examination focuses on studying past and present price action to predict the probability of China Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Gas' price. Additionally, you may evaluate how the addition of China Gas to your portfolios can decrease your overall portfolio volatility.