Tainan Spinning Financials
| 1440 Stock | TWD 15.20 0.05 0.33% |
Tainan |
Understanding current and past Tainan Spinning Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Tainan Spinning's financial statements are interrelated, with each one affecting the others. For example, an increase in Tainan Spinning's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Tainan Spinning's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Tainan Spinning Co. Check Tainan Spinning's Beneish M Score to see the likelihood of Tainan Spinning's management manipulating its earnings.
Tainan Spinning Stock Summary
Tainan Spinning competes with Lealea Enterprise, China Petrochemical, Li Peng, Oriental Union, and UPC Technology. Tainan Spinning Co., Ltd. manufactures, processes, and sells various textile products in Taiwan and internationally. The company was founded in 1955 and is headquartered in Tainan City, Taiwan. TAINAN SPINNING operates under Textile Manufacturing classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0001440006 |
| Business Address | No 8, Zhonghua |
| Sector | Textiles, Apparel & Luxury Goods |
| Industry | Consumer Discretionary |
| Benchmark | Dow Jones Industrial |
| Website | www.tainanspin.com.tw |
| Phone | 886 6 237 6161 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Tainan Spinning without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Tainan Stock, because this is throwing your money away. Analyzing the key information contained in Tainan Spinning's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Tainan Spinning Key Financial Ratios
There are many critical financial ratios that Tainan Spinning's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Tainan Spinning reports annually and quarterly.| Return On Equity | 0.0663 | |||
| Return On Asset | 0.0133 | |||
| Target Price | 21.56 | |||
| Number Of Employees | 53 | |||
| Beta | 0.83 |
Tainan Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tainan Spinning's current stock value. Our valuation model uses many indicators to compare Tainan Spinning value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tainan Spinning competition to find correlations between indicators driving Tainan Spinning's intrinsic value. More Info.Tainan Spinning Co 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 Tainan Spinning Co is roughly 4.98 . 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 Tainan Spinning's earnings, one of the primary drivers of an investment's value.Tainan Spinning Systematic Risk
Tainan Spinning's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Tainan Spinning 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-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Tainan Spinning correlated with the market. If Beta is less than 0 Tainan Spinning generally moves in the opposite direction as compared to the market. If Tainan Spinning Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Tainan Spinning is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Tainan Spinning is generally in the same direction as the market. If Beta > 1 Tainan Spinning moves generally in the same direction as, but more than the movement of the benchmark.
Tainan Spinning December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Tainan Spinning help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Tainan Spinning Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tainan Spinning Co based on widely used predictive technical indicators. In general, we focus on analyzing Tainan Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tainan Spinning's daily price indicators and compare them against related drivers.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 5.33 | |||
| Value At Risk | (1.58) | |||
| Potential Upside | 1.54 |
Additional Tools for Tainan Stock Analysis
When running Tainan Spinning's price analysis, check to measure Tainan Spinning'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 Tainan Spinning is operating at the current time. Most of Tainan Spinning's value examination focuses on studying past and present price action to predict the probability of Tainan Spinning's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tainan Spinning's price. Additionally, you may evaluate how the addition of Tainan Spinning to your portfolios can decrease your overall portfolio volatility.