Sungwoo Financial Statements From 2010 to 2025
| 015750 Stock | KRW 5,100 80.00 1.59% |
Check Sungwoo Hitech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sungwoo Hitech's main balance sheet or income statement drivers, such as , as well as many indicators such as . Sungwoo financial statements analysis is a perfect complement when working with Sungwoo Hitech Valuation or Volatility modules.
Sungwoo |
Sungwoo Hitech Co Company Current Valuation Analysis
Sungwoo Hitech's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Sungwoo Hitech Current Valuation | 1.81 T |
Most of Sungwoo Hitech's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Sungwoo Hitech Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Sungwoo Hitech Co has a Current Valuation of 1.81 T. This is much higher than that of the Auto Components sector and significantly higher than that of the Consumer Discretionary industry. The current valuation for all Republic of Korea stocks is notably lower than that of the firm.
Sungwoo Hitech Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sungwoo Hitech's current stock value. Our valuation model uses many indicators to compare Sungwoo Hitech value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sungwoo Hitech competition to find correlations between indicators driving Sungwoo Hitech's intrinsic value. More Info.Sungwoo Hitech Co is number one stock in return on equity category among its peers. It is rated second in return on asset category among its peers . The ratio of Return On Equity to Return On Asset for Sungwoo Hitech Co is about 262.53 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Sungwoo Hitech by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Sungwoo Hitech'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.About Sungwoo Hitech Financial Statements
Sungwoo Hitech stakeholders use historical fundamental indicators, such as Sungwoo Hitech's revenue or net income, to determine how well the company is positioned to perform in the future. Although Sungwoo Hitech investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sungwoo Hitech's assets and liabilities are reflected in the revenues and expenses on Sungwoo Hitech's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Sungwoo Hitech Co. Please read more on our technical analysis and fundamental analysis pages.
Sungwoo Hitech Co., Ltd. manufactures and sells automobile components in South Korea, China, India, Russia, the Czech Republic, Slovakia, Uzbekistan, Germany, Mexico, and the United States. Sungwoo Hitech Co., Ltd. was founded in 1977 and is headquartered in Busan, South Korea. SW HITECH is traded on Korean Securities Dealers Automated Quotations in South Korea.
Pair Trading with Sungwoo Hitech
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 Sungwoo Hitech 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 Sungwoo Hitech will appreciate offsetting losses from the drop in the long position's value.Moving against Sungwoo Stock
The ability to find closely correlated positions to Sungwoo Hitech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sungwoo Hitech 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 Sungwoo Hitech - 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 Sungwoo Hitech Co to buy it.
The correlation of Sungwoo Hitech 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 Sungwoo Hitech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sungwoo Hitech 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 Sungwoo Hitech 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.Other Information on Investing in Sungwoo Stock
Sungwoo Hitech financial ratios help investors to determine whether Sungwoo Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sungwoo with respect to the benefits of owning Sungwoo Hitech security.