Chung Hung Financials
| 2014 Stock | TWD 19.15 0.20 1.03% |
Chung |
Understanding current and past Chung Hung Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Chung Hung's financial statements are interrelated, with each one affecting the others. For example, an increase in Chung Hung's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Chung Hung's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Chung Hung Steel. Check Chung Hung's Beneish M Score to see the likelihood of Chung Hung's management manipulating its earnings.
Chung Hung Stock Summary
Chung Hung competes with Formosa Petrochemical, and Cathay Financial. Chung Hung Steel Corporation manufactures, processes, and sells steel products in Taiwan, Asia, the United States, Europe, and internationally. Chung Hung Steel Corporation is a subsidiary of China Steel Corporation. CHUNG HUNG operates under Steel classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0002014008 |
| Business Address | No 317, Yuliao |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.chsteel.com.tw |
| Phone | 886 7 611 7171 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Chung Hung without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Chung Stock, because this is throwing your money away. Analyzing the key information contained in Chung Hung's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Chung Hung Key Financial Ratios
There are many critical financial ratios that Chung Hung's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Chung Hung Steel reports annually and quarterly.| Return On Equity | 0.0488 | |||
| Return On Asset | 0.009 | |||
| Target Price | 23.45 | |||
| Number Of Employees | 28 | |||
| Beta | 1.64 |
Chung Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Chung Hung's current stock value. Our valuation model uses many indicators to compare Chung Hung value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Chung Hung competition to find correlations between indicators driving Chung Hung's intrinsic value. More Info.Chung Hung Steel 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 0.18 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Chung Hung Steel is roughly 5.42 . 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 Chung Hung's earnings, one of the primary drivers of an investment's value.Chung Hung Steel Systematic Risk
Chung Hung's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Chung Hung 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Chung Hung Steel correlated with the market. If Beta is less than 0 Chung Hung generally moves in the opposite direction as compared to the market. If Chung Hung Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Chung Hung Steel is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Chung Hung is generally in the same direction as the market. If Beta > 1 Chung Hung moves generally in the same direction as, but more than the movement of the benchmark.
Chung Hung Thematic Clasifications
Chung Hung Steel is part of Iron 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. Steel and Iron production. Companies involved in production of steel and iron
This theme covers Steel and Iron production. Companies involved in production of steel and iron. Get More Thematic Ideas
| Iron | View |
Chung Hung December 4, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Chung Hung help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Chung Hung Steel. We use our internally-developed statistical techniques to arrive at the intrinsic value of Chung Hung Steel based on widely used predictive technical indicators. In general, we focus on analyzing Chung Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Chung Hung's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.04 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 15.09 | |||
| Value At Risk | (2.95) | |||
| Potential Upside | 4.39 |
Additional Tools for Chung Stock Analysis
When running Chung Hung's price analysis, check to measure Chung Hung'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 Chung Hung is operating at the current time. Most of Chung Hung's value examination focuses on studying past and present price action to predict the probability of Chung Hung's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chung Hung's price. Additionally, you may evaluate how the addition of Chung Hung to your portfolios can decrease your overall portfolio volatility.