Shinkong Textile Financials
| 1419 Stock | TWD 45.00 0.20 0.44% |
Shinkong |
Understanding current and past Shinkong Textile Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Shinkong Textile's financial statements are interrelated, with each one affecting the others. For example, an increase in Shinkong Textile's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Shinkong Textile's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Shinkong Textile Co. Check Shinkong Textile's Beneish M Score to see the likelihood of Shinkong Textile's management manipulating its earnings.
Shinkong Textile Stock Summary
Shinkong Textile competes with Shinkong Synthetic, Formosa Taffeta, Far Eastern, Tainan Spinning, and Nien Hsing. It offers digital print, dyed fabric, reflective yarn, flannel, and bi-stretch fabric services for synthetic fibers. The company also provides base layers, mid layers, and outer wear knits and wool textile products. SHINKONG TEXTILE operates under Apparel Manufacturing classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0001419000 |
| Business Address | No 44, Zhongshan |
| Sector | Textiles, Apparel & Luxury Goods |
| Industry | Consumer Discretionary |
| Benchmark | Dow Jones Industrial |
| Website | www.sktextile.com.tw |
| Phone | 886 2 2507 1258 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Shinkong Textile 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 Textile's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Shinkong Textile Key Financial Ratios
There are many critical financial ratios that Shinkong Textile's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Shinkong Textile reports annually and quarterly.Shinkong Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Shinkong Textile's current stock value. Our valuation model uses many indicators to compare Shinkong Textile value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Shinkong Textile competition to find correlations between indicators driving Shinkong Textile's intrinsic value. More Info.Shinkong Textile Co is number one stock in return on equity category among its peers. It is rated third in return on asset category among its peers reporting about 0.05 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Shinkong Textile Co is roughly 19.07 . 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 Textile's earnings, one of the primary drivers of an investment's value.Shinkong Textile Systematic Risk
Shinkong Textile's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Shinkong Textile 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Shinkong Textile correlated with the market. If Beta is less than 0 Shinkong Textile generally moves in the opposite direction as compared to the market. If Shinkong Textile Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Shinkong Textile is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Shinkong Textile is generally in the same direction as the market. If Beta > 1 Shinkong Textile moves generally in the same direction as, but more than the movement of the benchmark.
Shinkong Textile December 19, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Shinkong Textile help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Shinkong Textile Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Shinkong Textile Co 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 Textile's daily price indicators and compare them against related drivers.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 4.77 | |||
| Value At Risk | (1.74) | |||
| Potential Upside | 1.98 |
Additional Tools for Shinkong Stock Analysis
When running Shinkong Textile's price analysis, check to measure Shinkong Textile'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 Textile is operating at the current time. Most of Shinkong Textile's value examination focuses on studying past and present price action to predict the probability of Shinkong Textile'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 Textile's price. Additionally, you may evaluate how the addition of Shinkong Textile to your portfolios can decrease your overall portfolio volatility.