Common stock market concept formula 2 used to study securities investment with cainiao

Recently I felt very tired. Maybe it was too time-consuming and I didn't have any time to think about it, maybe. Today, I visited the company's factory. I just thought that the environment there was totally different from that at the Headquarters. Although I only looked at it and didn't learn anything, I met several new colleagues, I have a master's degree. Haha, but I am still confident that I have learned a lot from the university, but I have not learned any excellent skills in all aspects.

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Well, I wrote down many stock market concepts and formulas last time. The following are some financial analysis methods and their formulas.

We need to comprehensively analyze the company's capital structure, solvency, operating efficiency, profitability, etc. We can compare the company's financial statements for different periods to see the company's operating conditions and changing trends. You can also use the financial reports of different companies to compare the advantages and disadvantages of different companies, so as to select the companies we want to invest in. The following is a brief introduction to these indicators:

1,
Capital Structure Analysis:

A,
Asset-liability ratio: the ratio of total liabilities to total assets. It reflects how much of the total assets are borrowed from the bank. The higher the debt ratio, the heavier the burden on the Enterprise, and the possibility of a crisis until it is unable to repay the debt and go bankrupt.

Formula: asset-liability ratio =
Total liabilities/
Total assets x 100%.

B,
Shareholder equity ratio: the ratio of shareholder equity to total assets. Reflects the proportion of the shareholder's own capital in total assets. The higher the proportion, the more stable the capital structure of the enterprise. What is the difference between Khan and the above asset-liability ratio? Is the camera just 1? It seems like the opposite event in probability theory...

Calculation formula: shareholder equity ratio =
(1-
Asset-liability ratio) x 100%.

2,
Solvency analysis:

Solvency: The company's ability to pay various long-term and short-term debts,

A,
Liquidity ratio: the ratio of the company's current assets to current liabilities, reflecting the ability to pay off short-term debts.

The current assets refer to cash, bank deposits, marketable securities, receivables, and capital occupation in terms of product inventory. Current liabilities refer to payables, wages payable, taxes payable, loans between short-term banks and enterprises, and dividends payable.

Calculation formula: Flow Rate =
(Total current assets/
Total current liabilities ).

B,
Fast rate: deduct the inventory and prepayment from the asset, and divide it by the total amount of current liabilities.

The fast-moving rate, also known as the acid test rate, requires enterprises to have stronger monetization capabilities to pay off current liabilities.

Calculation formula: speed ratio =
(Total current assets
-Inventory and prepayment )/
Total Current Liabilities

C,
Receivables turnover rate: the ratio of sales revenue to accounts receivable. Is the conversion of accounts receivable into cash within the year

The amount of money, reflecting the amount of time the company needs to pay from selling goods to recycling funds.

Calculation formula: receivables turnover =
Sales revenue/
Average accounts receivable.

3,
Business Efficiency Analysis:

Operating Efficiency: analyzes the capital turnover speed of an enterprise from the perspective of economic benefits to measure the utilization efficiency of various funds of an enterprise.

A,
Inventory turnover rate: determines the company's sales from inventory purchase, production input, sales recovery, etc.

The ratio between cost and inventory. Reflects the strength of the company's sales capability and whether the inventory of goods is too large.

Formula: inventory turnover =
Sales cost/
Average product inventory.

B. Total asset turnover rate:
Ratio of sales revenue to total assets. Used to determine whether an enterprise's total assets are obtained

To make full use of it.

Formula: total asset turnover =
Sales revenue/
Total assets.

C,
Fixed asset turnover rate: the ratio of sales revenue to fixed assets. Investment in fixed assets per dollar

Sales revenue.

Formula: fixed asset turnover =
Sales revenue/
Average total fixed assets.

D,
Liquidity turnover rate: the ratio of product sales revenue to the average usage of liquidity within a certain period of time. An important indicator for assessing the efficiency of working capital usage.

Formula: liquidity turnover rate =
Sales revenue/
Average liquidity usage

Working capital turnover days =
Calculation period days/liquidity turnover rate

So far, the basic concepts and formulas of financial analysis are just like this. I have learned so much that I have not really analyzed it yet. I am free to select a few stocks on the weekend to analyze the financial reports and analyze various indicators. Isn't it important to connect theory with practice.