Chart of the Day Archives - Page 7 of 20 - Become a Better Investor

Profitability Regresses Toward the Mean

By Become a Better Investor | November 8, 2018 |

Chart of the Day: Over a decade we can’t see a complete mean reversion but the profitability regresses toward the mean. In other words, Stars tend to remain Stars and Dogs tend to stay Dogs.

Out of 800 Listed Stocks in Vietnam, 80 Are Liquid

By Become a Better Investor | November 7, 2018 |

Chart of the Day: While Vietnam has become a hot and interesting market with about 800 listed stocks, virtually 90% of stocks have almost no trading.

High Net Margin in Vietnam Thanks to Lower Operating Expenses

By Become a Better Investor | November 6, 2018 |

Chart of the Day: Vietnam has shown a 21% gross profit margin on average over the past 10 years. Still, Vietnam has delivered a higher net margin over the same period.

Long-Term Gross Profit Margin by Global Sector

By Become a Better Investor | November 5, 2018 |

Chart of the Day: Over the past 18 years, the gross profit margin among non-financials averaged about 28%. Telecoms have had the highest gross profit margin, Utilities the lowest.

Higher Cash Conversion Cycle in China

By Become a Better Investor | November 1, 2018 |

Chart of the Day: The cash conversion cycle in China fell in the 2000s and was in line with the global average around the global financial crisis. In China, receivables collection days fell a lot before the global financial crisis.

Continued Uptrend in Net Margin, but Nearing Peak in Developed Markets

By Become a Better Investor | October 31, 2018 |

Chart of the Day: Developed markets net margin more driven by one-off US tax cuts. Net margin in Developed markets is the highest it has been in over two decades – a risk.

Only Thailand and Taiwan Showed Positive USD Returns in 9M18

By Become a Better Investor | October 30, 2018 |

Chart of the Day: Overall, Asian markets fell in 9M18 and only two markets saw positive returns in terms of USD. Thailand improved to being the top-performing market in Asia compared to being #7 in 1H18.

Global EPS grew faster than Sales in PTM

By Andrew Stotz | October 18, 2018 |

Global EPS grew faster than sales in the past 12 months | #ChartOfTheDay

Chart of the Day: EPS growth has increased a bit in Developed markets, while it has fallen a bit in Emerging markets. Strong EPS driven by strong revenue growth and falling US taxes.

Higher COGS in China Compared to the Rest of the World

By Andrew Stotz | September 3, 2018 |

China’s gross profit margin has been 4 ppts below the global average | #ChartOfTheDay

Chart of the Day: We have combined the financial statements of China-listed non-financial companies into one for the past 23 years. Even though China’s gross profit margin is lower, the net profit margin is about the same as the global average. Implying that China has higher COGS but lower SG&A and other costs than firms globally.

Asset Turnover Has Fallen Across the Globe

By Andrew Stotz | August 30, 2018 |

Chart of the Day: We have combined the financial statements of globally-listed non-financial companies into one for the past 23 years. The asset turnover ratio has averaged 78% and has fallen from a high of 92% to a low of 64% in 2016.