1268 Financial Statements From 2010 to 2025
| 1268 Stock | TWD 149.00 0.50 0.34% |
Check Hi Lai financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hi Lai's main balance sheet or income statement drivers, such as , as well as many indicators such as . 1268 financial statements analysis is a perfect complement when working with Hi Lai Valuation or Volatility modules.
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Hi Lai Foods Co Company Current Valuation Analysis
Hi Lai'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 Hi Lai Current Valuation | 7.07 B |
Most of Hi Lai'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, Hi Lai Foods 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, Hi Lai Foods Co has a Current Valuation of 7.07 B. This is 60.95% lower than that of the Consumer Cyclical sector and 29.9% lower than that of the Restaurants industry. The current valuation for all Taiwan stocks is 57.49% higher than that of the company.
Hi Lai Foods Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Hi Lai's current stock value. Our valuation model uses many indicators to compare Hi Lai value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hi Lai competition to find correlations between indicators driving Hi Lai's intrinsic value. More Info.Hi Lai Foods Co is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.12 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Hi Lai Foods Co is roughly 8.18 . 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 Hi Lai's earnings, one of the primary drivers of an investment's value.About Hi Lai Financial Statements
Hi Lai investors use historical fundamental indicators, such as Hi Lai's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Hi Lai. Please read more on our technical analysis and fundamental analysis pages.
It operates restaurants under the Hi-Lai Harbour, Hi-Lai Vegetarian, Cantonese Jade Garden, Celebrity Cuisine, and Shanghainese Dumpling names. Hi-Lai Foods Co., Ltd was founded in 1995 and is based in Taipei City, Taiwan. HI LAI is traded on Taiwan OTC Exchange in Taiwan.
Pair Trading with Hi Lai
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 Hi Lai 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 Hi Lai will appreciate offsetting losses from the drop in the long position's value.Moving against 1268 Stock
| 0.77 | 2723 | Gourmet Master | PairCorr |
| 0.63 | 2755 | YoungQin International | PairCorr |
| 0.54 | 2412 | Chunghwa Telecom | PairCorr |
| 0.35 | 2454 | MediaTek | PairCorr |
The ability to find closely correlated positions to Hi Lai could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hi Lai 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 Hi Lai - 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 Hi Lai Foods Co to buy it.
The correlation of Hi Lai 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 Hi Lai moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hi Lai Foods 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 Hi Lai 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.Additional Tools for 1268 Stock Analysis
When running Hi Lai's price analysis, check to measure Hi Lai'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 Hi Lai is operating at the current time. Most of Hi Lai's value examination focuses on studying past and present price action to predict the probability of Hi Lai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hi Lai's price. Additionally, you may evaluate how the addition of Hi Lai to your portfolios can decrease your overall portfolio volatility.