51job Current Asset vs. Shares Outstanding

Based on the measurements of profitability obtained from 51job's financial statements, 51job Inc may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in April. Profitability indicators assess 51job's ability to earn profits and add value for shareholders.
For 51job profitability analysis, we use financial ratios and fundamental drivers that measure the ability of 51job to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well 51job Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between 51job's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of 51job Inc over time as well as its relative position and ranking within its peers.
  
Check out Risk vs Return Analysis 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 labor statistics.
Please note, there is a significant difference between 51job's value and its price as these two are different measures arrived at by different means. Investors typically determine if 51job is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 51job's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

51job Inc Shares Outstanding vs. Current Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining 51job's current stock value. Our valuation model uses many indicators to compare 51job value to that of its competitors to determine the firm's financial worth.
51job Inc is currently regarded as number one stock in current asset category among related companies. It is currently regarded as number one stock in shares outstanding category among related companies creating about  0.02  of Shares Outstanding per Current Asset. The ratio of Current Asset to Shares Outstanding for 51job Inc is roughly  52.26 . Comparative valuation analysis is a catch-all model that can be used if you cannot value 51job by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for 51job's Stock . 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. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the 51job's earnings, one of the primary drivers of an investment's value.

51job Shares Outstanding vs. Current Asset

Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

51job

Current Asset

 = 

Cash

+

Deposits

+

Liquid Assets

 = 
3.52 B
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

51job

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
67.44 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

51job Shares Outstanding Comparison

51job is currently under evaluation in shares outstanding category among related companies.

51job Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in 51job, profitability is also one of the essential criteria for including it into their portfolios because, without profit, 51job will eventually generate negative long term returns. The profitability progress is the general direction of 51job's change in net profit over the period of time. It can combine multiple indicators of 51job, 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.
51job, Inc., through its subsidiaries, provides integrated human resource services in the Peoples Republic of China. It offers its services through sales offices, and a national sales and customer service call center in Wuhan. 51job, Inc. was founded in 1998 and is headquartered in Shanghai, the Peoples Republic of China. 51Job Inc operates under Staffing Employment Services classification in the United States and is traded on NASDAQ Exchange. It employs 8431 people.

51job Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on 51job. 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 51job 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 51job's important profitability drivers and their relationship over time.

Use 51job 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 51job 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 51job will appreciate offsetting losses from the drop in the long position's value.

51job Pair Trading

51job Inc Pair Trading Analysis

The ability to find closely correlated positions to AutoNation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AutoNation 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 AutoNation - 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 AutoNation to buy it.
The correlation of AutoNation 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 AutoNation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AutoNation 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 AutoNation 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your 51job position

In addition to having 51job 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?

Run Sport Products Thematic Idea Now

Sport Products
Sport Products Theme
Companies manufacturing sporting goods and accessories. The Sport Products theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Sport Products Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis 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 labor statistics.
Note that the 51job Inc information on this page should be used as a complementary analysis to other 51job'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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

Other Consideration for investing in 51job Stock

If you are still planning to invest in 51job Inc 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 51job's history and understand the potential risks before investing.
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