Shinkong Synthetic Financials
| 1409 Stock | TWD 15.20 0.10 0.65% |
Shinkong |
Understanding current and past Shinkong Synthetic Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Shinkong Synthetic's financial statements are interrelated, with each one affecting the others. For example, an increase in Shinkong Synthetic's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Shinkong Synthetic's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Shinkong Synthetic Fiber. Check Shinkong Synthetic's Beneish M Score to see the likelihood of Shinkong Synthetic's management manipulating its earnings.
Shinkong Synthetic Stock Summary
Shinkong Synthetic competes with Tainan Spinning, Lealea Enterprise, China Petrochemical, Taiwan Styrene, and China Man. Shinkong Synthetic Fibers Corporation produces and sells polyester fibers and polymers in Taiwan and internationally. Shinkong Synthetic Fibers Corporation was founded in 1967 and is headquartered in Taipei, Taiwan. SHINKONG SYNTHETIC operates under Textile Manufacturing classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0001409001 |
| Business Address | No 123, Nanjing |
| Sector | Chemicals |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.shinkong.com.tw |
| Phone | 886 2 2507 1259 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Shinkong Synthetic without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Shinkong Stock, because this is throwing your money away. Analyzing the key information contained in Shinkong Synthetic's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Shinkong Synthetic Key Financial Ratios
There are many critical financial ratios that Shinkong Synthetic's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Shinkong Synthetic Fiber reports annually and quarterly.Shinkong Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Shinkong Synthetic's current stock value. Our valuation model uses many indicators to compare Shinkong Synthetic value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Shinkong Synthetic competition to find correlations between indicators driving Shinkong Synthetic's intrinsic value. More Info.Shinkong Synthetic Fiber 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 0.20 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Shinkong Synthetic Fiber is roughly 4.94 . 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 Shinkong Synthetic's earnings, one of the primary drivers of an investment's value.Shinkong Synthetic Fiber Systematic Risk
Shinkong Synthetic's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Shinkong Synthetic volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Shinkong Synthetic Fiber correlated with the market. If Beta is less than 0 Shinkong Synthetic generally moves in the opposite direction as compared to the market. If Shinkong Synthetic Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Shinkong Synthetic Fiber is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Shinkong Synthetic is generally in the same direction as the market. If Beta > 1 Shinkong Synthetic moves generally in the same direction as, but more than the movement of the benchmark.
Shinkong Synthetic Thematic Clasifications
Shinkong Synthetic Fiber is part of Synthetics investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Synthetics production and silicon. Companies involved in production of silicon and other synthetic products
This theme covers Synthetics production and silicon. Companies involved in production of silicon and other synthetic products . Get More Thematic Ideas
| Synthetics | View |
Shinkong Synthetic March 2, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Shinkong Synthetic help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Shinkong Synthetic Fiber. We use our internally-developed statistical techniques to arrive at the intrinsic value of Shinkong Synthetic Fiber based on widely used predictive technical indicators. In general, we focus on analyzing Shinkong Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Shinkong Synthetic's daily price indicators and compare them against related drivers.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 3.27 | |||
| Value At Risk | (1.34) | |||
| Potential Upside | 1.35 |
Additional Tools for Shinkong Stock Analysis
When running Shinkong Synthetic's price analysis, check to measure Shinkong Synthetic'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 Shinkong Synthetic is operating at the current time. Most of Shinkong Synthetic's value examination focuses on studying past and present price action to predict the probability of Shinkong Synthetic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shinkong Synthetic's price. Additionally, you may evaluate how the addition of Shinkong Synthetic to your portfolios can decrease your overall portfolio volatility.