Xingda International Shares Outstanding vs. Return On Asset
| XDH Stock | EUR 0.15 0.01 6.25% |
For Xingda International profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Xingda International to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Xingda International Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Xingda International's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Xingda International Holdings over time as well as its relative position and ranking within its peers.
Xingda |
Xingda International Return On Asset vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Xingda International's current stock value. Our valuation model uses many indicators to compare Xingda International value to that of its competitors to determine the firm's financial worth. Xingda International Holdings is rated first in shares outstanding category among related companies. It is rated first in return on asset category among related companies . The ratio of Shares Outstanding to Return On Asset for Xingda International Holdings is about 149,770,274,595 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Xingda International by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Xingda International'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 Xingda International's earnings, one of the primary drivers of an investment's value.Xingda Return On Asset vs. Shares Outstanding
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.
Xingda International |
| = | 1.66 B |
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.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Xingda International |
| = | 0.0111 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Xingda Return On Asset Comparison
Xingda International is currently under evaluation in return on asset category among related companies.
Xingda International Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Xingda International, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Xingda International will eventually generate negative long term returns. The profitability progress is the general direction of Xingda International's change in net profit over the period of time. It can combine multiple indicators of Xingda International, 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.
Xingda International Holdings Limited, an investment holding company, manufactures and trades radial tire cords, steel cords, bead wires, and other wires in the Peoples Republic of China and Thailand. Xingda International Holdings Limited is headquartered in Shanghai, the Peoples Republic of China. XINGDA INTL operates under Auto Parts classification in Germany and is traded on Frankfurt Stock Exchange. It employs 7100 people.
Xingda Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Xingda International. 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 Xingda International 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 Xingda International's important profitability drivers and their relationship over time.
Use Xingda International 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 Xingda International 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 Xingda International will appreciate offsetting losses from the drop in the long position's value.Xingda International Pair Trading
Xingda International Holdings Pair Trading Analysis
The ability to find closely correlated positions to Xingda International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Xingda International 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 Xingda International - 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 Xingda International Holdings to buy it.
The correlation of Xingda International 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 Xingda International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Xingda 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 Xingda International 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 Xingda International position
In addition to having Xingda International 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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Funds or Etfs that invest in entities that are involved in mining, processing or dealing of precious metals. The Precious Metals Funds theme has 34 constituents at this time.
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When running Xingda International's price analysis, check to measure Xingda International'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 Xingda International is operating at the current time. Most of Xingda International's value examination focuses on studying past and present price action to predict the probability of Xingda International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xingda International's price. Additionally, you may evaluate how the addition of Xingda International to your portfolios can decrease your overall portfolio volatility.
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To fully project Xingda International's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Xingda International at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Xingda International's income statement, its balance sheet, and the statement of cash flows.