jongminchunginvest

INVESTMENT NOTES

#stocks

Investment research essays about stocks, grounded in filings and public materials.

All notes / 12

NewestOldestGridList
Two independent verification paths recombining inside a valuation range while a failed fragment falls beyond an exit boundaryFinancial Statements to Stock Valuation01. What do you own when you buy a share?Distinguish ownership, book equity, and market capitalization with Hanbit Tools.Two independent verification paths recombining inside a valuation range while a failed fragment falls beyond an exit boundaryFinancial Statements to Stock Valuation02. Reading the financial statements togetherReconcile the same transactions across profit, the balance sheet, and cash flow.Two independent verification paths recombining inside a valuation range while a failed fragment falls beyond an exit boundaryFinancial Statements to Stock Valuation03. Why profit can fall while revenue growsSeparate revenue recognition and costs to explain falling profit amid growth.Two independent verification paths recombining inside a valuation range while a failed fragment falls beyond an exit boundaryFinancial Statements to Stock Valuation04. Why a profitable company can run short of cashFollow receivables, inventory, and payables from reported profit to operating cash.Two independent verification paths recombining inside a valuation range while a failed fragment falls beyond an exit boundaryFinancial Statements to Stock Valuation05. Does more debt always mean more danger?Connect leverage and interest coverage with debt maturities and collection timing.Two independent verification paths recombining inside a valuation range while a failed fragment falls beyond an exit boundaryFinancial Statements to Stock Valuation06. Where did the money the company earned go?Connect depreciation, capital expenditure, and maintenance spending to free cash flow.Two independent verification paths recombining inside a valuation range while a failed fragment falls beyond an exit boundaryFinancial Statements to Stock Valuation07. Does high ROE mean a good business?Decompose ROE and distinguish historical accounting returns from new investment returns.Two independent verification paths recombining inside a valuation range while a failed fragment falls beyond an exit boundaryFinancial Statements to Stock Valuation08. Is a low P/E stock really cheap?Calculate EPS and valuation multiples while checking scope and sustainable earnings.Two independent verification paths recombining inside a valuation range while a failed fragment falls beyond an exit boundaryFinancial Statements to Stock Valuation09. Why can a stock fall after good earnings?Value future cash under explicit scenarios and reverse the expectations in the price.