Shin Financial Statements From 2010 to 2024
| 2888 Stock | TWD 11.95 0.05 0.42% |
Check Shin Kong financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shin Kong's main balance sheet or income statement drivers, such as , as well as many indicators such as . Shin financial statements analysis is a perfect complement when working with Shin Kong Valuation or Volatility modules.
Shin |
Shin Kong Financial Company Current Valuation Analysis
Shin Kong'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 Shin Kong Current Valuation | (409.77 B) |
Most of Shin Kong'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, Shin Kong Financial 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.
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In accordance with the recently published financial statements, Shin Kong Financial has a Current Valuation of (409.77 Billion). This is 1348.6% lower than that of the Insurance sector and significantly lower than that of the Financials industry. The current valuation for all Taiwan stocks is significantly higher than that of the company.
Shin Kong Financial Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Shin Kong's current stock value. Our valuation model uses many indicators to compare Shin Kong value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Shin Kong competition to find correlations between indicators driving Shin Kong's intrinsic value. More Info.Shin Kong Financial is rated fourth in return on equity category among its peers. It also is rated fourth 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 Shin Kong's earnings, one of the primary drivers of an investment's value.About Shin Kong Financial Statements
Shin Kong investors use historical fundamental indicators, such as Shin Kong'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 Shin Kong. Please read more on our technical analysis and fundamental analysis pages.
Shin Kong Financial Holding Co., Ltd., through its subsidiaries, provides a range of financial products and services in life insurance, banking, securities, asset management, and non-life insurance brokerage areas in Taipei and internationally. Shin Kong Financial Holding Co., Ltd. was founded in 2002 and is headquartered in Taipei City, Taiwan. SHIN KONG operates under Insurance - Life classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 17063 people.
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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 Shin Stock Analysis
When running Shin Kong's price analysis, check to measure Shin Kong'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 Shin Kong is operating at the current time. Most of Shin Kong's value examination focuses on studying past and present price action to predict the probability of Shin Kong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shin Kong's price. Additionally, you may evaluate how the addition of Shin Kong to your portfolios can decrease your overall portfolio volatility.