Zig Financial Statements From 2010 to 2024
| 1455 Stock | TWD 9.55 0.18 1.85% |
Check Zig Sheng financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Zig Sheng's main balance sheet or income statement drivers, such as , as well as many indicators such as . Zig financial statements analysis is a perfect complement when working with Zig Sheng Valuation or Volatility modules.
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Zig Sheng Industrial Company Current Valuation Analysis
Zig Sheng'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 Zig Sheng Current Valuation | 6.8 B |
Most of Zig Sheng'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, Zig Sheng Industrial 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, Zig Sheng Industrial has a Current Valuation of 6.8 B. This is 62.46% lower than that of the Textiles, Apparel & Luxury Goods sector and significantly higher than that of the Consumer Discretionary industry. The current valuation for all Taiwan stocks is 59.12% higher than that of the company.
Zig Sheng Industrial Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Zig Sheng's current stock value. Our valuation model uses many indicators to compare Zig Sheng value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Zig Sheng competition to find correlations between indicators driving Zig Sheng's intrinsic value. More Info.Zig Sheng Industrial is rated below average in return on equity category among its peers. It is rated fifth in return on asset category among its peers . 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 Zig Sheng's earnings, one of the primary drivers of an investment's value.About Zig Sheng Financial Statements
Zig Sheng investors use historical fundamental indicators, such as Zig Sheng'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 Zig Sheng. Please read more on our technical analysis and fundamental analysis pages.
Zig Sheng Industrial Co., Ltd. engages in chemical material and fiber businesses in Taiwan. Zig Sheng Industrial Co., Ltd. was founded in 1969 and is headquartered in Taipei City, Taiwan. ZIG SHENG operates under Textile Manufacturing classification in Taiwan and is traded on Taiwan Stock Exchange.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Zig Stock Analysis
When running Zig Sheng's price analysis, check to measure Zig Sheng'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 Zig Sheng is operating at the current time. Most of Zig Sheng's value examination focuses on studying past and present price action to predict the probability of Zig Sheng's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zig Sheng's price. Additionally, you may evaluate how the addition of Zig Sheng to your portfolios can decrease your overall portfolio volatility.