Tung Ho Financials
| 1414 Stock | TWD 24.40 0.60 2.52% |
Tung |
Understanding current and past Tung Ho Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Tung Ho's financial statements are interrelated, with each one affecting the others. For example, an increase in Tung Ho's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Tung Ho's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Tung Ho Textile. Check Tung Ho's Beneish M Score to see the likelihood of Tung Ho's management manipulating its earnings.
Tung Ho Stock Summary
Tung Ho competes with Feng Tay, Ruentex Development, WiseChip Semiconductor, Novatek Microelectronics, and Leader Electronics. Tung Ho Textile Co., Ltd. develops, manufactures, and sells textile materials in Taiwan. The company was founded in 1959 and is based in Taipei, Taiwan. TUNG HOTEXTILE operates under Textile Manufacturing classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 246 people.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0001414001 |
| Business Address | No 227, GongYe |
| Sector | Textiles, Apparel & Luxury Goods |
| Industry | Consumer Discretionary |
| Benchmark | Dow Jones Industrial |
| Website | www.tungho.com.tw |
| Phone | 886 6 570 3211 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Tung Ho without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Tung Stock, because this is throwing your money away. Analyzing the key information contained in Tung Ho's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Tung Ho Key Financial Ratios
There are many critical financial ratios that Tung Ho's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Tung Ho Textile reports annually and quarterly.| Return On Equity | 0.0466 | |||
| Return On Asset | 0.018 | |||
| Number Of Employees | 205 | |||
| Beta | 0.64 | |||
| Z Score | 3.0 |
Tung Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tung Ho's current stock value. Our valuation model uses many indicators to compare Tung Ho value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tung Ho competition to find correlations between indicators driving Tung Ho's intrinsic value. More Info.Tung Ho Textile 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 0.39 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Tung Ho Textile is roughly 2.59 . 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 Tung Ho's earnings, one of the primary drivers of an investment's value.Tung Ho Textile Systematic Risk
Tung Ho's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Tung Ho 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Tung Ho Textile correlated with the market. If Beta is less than 0 Tung Ho generally moves in the opposite direction as compared to the market. If Tung Ho Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Tung Ho Textile is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Tung Ho is generally in the same direction as the market. If Beta > 1 Tung Ho moves generally in the same direction as, but more than the movement of the benchmark.
Tung Ho December 12, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Tung Ho help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Tung Ho Textile. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tung Ho Textile based on widely used predictive technical indicators. In general, we focus on analyzing Tung Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tung Ho's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.65 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 8.21 | |||
| Value At Risk | (2.55) | |||
| Potential Upside | 2.73 |
Additional Tools for Tung Stock Analysis
When running Tung Ho's price analysis, check to measure Tung Ho'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 Tung Ho is operating at the current time. Most of Tung Ho's value examination focuses on studying past and present price action to predict the probability of Tung Ho's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tung Ho's price. Additionally, you may evaluate how the addition of Tung Ho to your portfolios can decrease your overall portfolio volatility.