Industrial Commercial Net Income vs. Market Capitalization
| IDCBY Stock | USD 10.94 0.05 0.46% |
For Industrial Commercial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Industrial Commercial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Industrial Commercial Bank utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Industrial Commercial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Industrial Commercial Bank over time as well as its relative position and ranking within its peers.
Industrial |
Industrial Commercial Market Capitalization vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Industrial Commercial's current stock value. Our valuation model uses many indicators to compare Industrial Commercial value to that of its competitors to determine the firm's financial worth. Industrial Commercial Bank is currently regarded as number one stock in net income category among related companies. It is rated fifth overall in market capitalization category among related companies creating about 0.62 of Market Capitalization per Net Income. The ratio of Net Income to Market Capitalization for Industrial Commercial Bank is roughly 1.62 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Industrial Commercial by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Industrial Commercial's 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. 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 Industrial Commercial's earnings, one of the primary drivers of an investment's value.Industrial Market Capitalization vs. Net Income
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.
Industrial Commercial |
| = | 350.22 B |
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.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Industrial Commercial |
| = | 215.91 B |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Industrial Market Capitalization vs Competition
Industrial Commercial Bank is rated fifth overall in market capitalization category among related companies. Market capitalization of Banks—Diversified industry is currently estimated at about 1.76 Trillion. Industrial Commercial retains roughly 215.91 Billion in market capitalization claiming about 12% of stocks in Banks—Diversified industry.
Industrial Commercial Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Industrial Commercial, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Industrial Commercial will eventually generate negative long term returns. The profitability progress is the general direction of Industrial Commercial's change in net profit over the period of time. It can combine multiple indicators of Industrial Commercial, 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.
Industrial and Commercial Bank of China Limited, together with its subsidiaries, provides banking products and services in the Peoples Republic of China and internationally. The company was founded in 1984 and is based in Beijing, the Peoples Republic of China. Industrial operates under BanksDiversified classification in the United States and is traded on OTC Exchange. It employs 425000 people.
Industrial Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Industrial Commercial. 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 Industrial Commercial 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 Industrial Commercial's important profitability drivers and their relationship over time.
Use Industrial Commercial 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 Industrial Commercial 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 Industrial Commercial will appreciate offsetting losses from the drop in the long position's value.Industrial Commercial Pair Trading
Industrial Commercial Bank Pair Trading Analysis
The ability to find closely correlated positions to Industrial Commercial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Industrial Commercial 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 Industrial Commercial - 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 Industrial Commercial Bank to buy it.
The correlation of Industrial Commercial 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 Industrial Commercial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Industrial Commercial 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 Industrial Commercial 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 Industrial Commercial position
In addition to having Industrial Commercial 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 Broad Market ETFs Thematic Idea Now
Broad Market ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Market ETFs theme has 43 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 Broad Market ETFs Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis. Note that the Industrial Commercial information on this page should be used as a complementary analysis to other Industrial Commercial'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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for Industrial Pink Sheet analysis
When running Industrial Commercial's price analysis, check to measure Industrial Commercial'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 Industrial Commercial is operating at the current time. Most of Industrial Commercial's value examination focuses on studying past and present price action to predict the probability of Industrial Commercial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Industrial Commercial's price. Additionally, you may evaluate how the addition of Industrial Commercial to your portfolios can decrease your overall portfolio volatility.
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To fully project Industrial Commercial's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Industrial Commercial 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 Industrial Commercial's income statement, its balance sheet, and the statement of cash flows.