Zig Sheng Financials
| 1455 Stock | TWD 9.94 0.11 1.09% |
Zig |
Understanding current and past Zig Sheng Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Zig Sheng's financial statements are interrelated, with each one affecting the others. For example, an increase in Zig Sheng's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Zig Sheng's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Zig Sheng Industrial. Check Zig Sheng's Beneish M Score to see the likelihood of Zig Sheng's management manipulating its earnings.
Zig Sheng Stock Summary
Zig Sheng competes with Lealea Enterprise, Tainan Spinning, Li Peng, Shinkong Synthetic, and Yi Jinn. Zig Sheng Industrial Co., Ltd. engages in chemical material and fiber businesses in Taiwan. Zig Sheng Industrial Co., Ltd. was founded in 1969 and is headquartered in Taipei City, Taiwan. ZIG SHENG operates under Textile Manufacturing classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0001455004 |
| Business Address | No 70, Xining |
| Sector | Textiles, Apparel & Luxury Goods |
| Industry | Consumer Discretionary |
| Benchmark | Dow Jones Industrial |
| Website | www.zigsheng.com |
| Phone | 886 2 2555 7151 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Zig Sheng without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Zig Stock, because this is throwing your money away. Analyzing the key information contained in Zig Sheng's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Zig Sheng Key Financial Ratios
There are many critical financial ratios that Zig Sheng's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Zig Sheng Industrial reports annually and quarterly.| Return On Equity | -0.0143 | |||
| Return On Asset | 4.0E-4 | |||
| Target Price | 13.4 | |||
| Number Of Employees | 19 | |||
| Beta | 1.04 |
Zig Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Zig Sheng's current stock value. Our valuation model uses many indicators to compare Zig Sheng value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Zig Sheng competition to find correlations between indicators driving Zig Sheng's intrinsic value. More Info.Zig Sheng Industrial is rated below average in return on equity category among its peers. It is rated fifth 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 Zig Sheng's earnings, one of the primary drivers of an investment's value.Zig Sheng Industrial Systematic Risk
Zig Sheng's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Zig Sheng 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 twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Zig Sheng Industrial correlated with the market. If Beta is less than 0 Zig Sheng generally moves in the opposite direction as compared to the market. If Zig Sheng Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Zig Sheng Industrial is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Zig Sheng is generally in the same direction as the market. If Beta > 1 Zig Sheng moves generally in the same direction as, but more than the movement of the benchmark.
Zig Sheng March 23, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Zig Sheng help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Zig Sheng Industrial. We use our internally-developed statistical techniques to arrive at the intrinsic value of Zig Sheng Industrial based on widely used predictive technical indicators. In general, we focus on analyzing Zig Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Zig Sheng's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.34 | |||
| Information Ratio | 0.0777 | |||
| Maximum Drawdown | 7.63 | |||
| Value At Risk | (1.92) | |||
| Potential Upside | 3.41 |
Additional Tools for Zig Stock Analysis
When running Zig Sheng's price analysis, check to measure Zig Sheng'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 Zig Sheng is operating at the current time. Most of Zig Sheng's value examination focuses on studying past and present price action to predict the probability of Zig Sheng's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zig Sheng's price. Additionally, you may evaluate how the addition of Zig Sheng to your portfolios can decrease your overall portfolio volatility.