Tang Eng Financials
| 2035 Stock | TWD 31.60 0.70 2.17% |
Tang |
Understanding current and past Tang Eng Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Tang Eng's financial statements are interrelated, with each one affecting the others. For example, an increase in Tang Eng's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Tang Eng's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Tang Eng Iron. Check Tang Eng's Beneish M Score to see the likelihood of Tang Eng's management manipulating its earnings.
| Instrument | Taiwan Stock View All |
| Exchange | Taiwan OTC Exchange |
| ISIN | TW0002035003 |
| Business Address | No 4, Yen |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.tangeng.com.tw/home |
| Phone | 886 7 802 2811 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Tang Eng without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Tang Stock, because this is throwing your money away. Analyzing the key information contained in Tang Eng's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Tang Eng Key Financial Ratios
There are many critical financial ratios that Tang Eng's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Tang Eng Iron reports annually and quarterly.| Return On Equity | 0.0668 | |||
| Return On Asset | 0.0095 | |||
| Number Of Employees | 659 | |||
| Beta | 0.29 | |||
| Z Score | 0.6 |
Tang Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tang Eng's current stock value. Our valuation model uses many indicators to compare Tang Eng value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tang Eng competition to find correlations between indicators driving Tang Eng's intrinsic value. More Info.Tang Eng Iron 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 0.14 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Tang Eng Iron is roughly 7.03 . 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 Tang Eng's earnings, one of the primary drivers of an investment's value.Tang Eng Iron Systematic Risk
Tang Eng's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Tang Eng 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 fifty with a total number of output elements of eleven. The Beta measures systematic risk based on how returns on Tang Eng Iron correlated with the market. If Beta is less than 0 Tang Eng generally moves in the opposite direction as compared to the market. If Tang Eng Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Tang Eng Iron is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Tang Eng is generally in the same direction as the market. If Beta > 1 Tang Eng moves generally in the same direction as, but more than the movement of the benchmark.
Tang Eng Thematic Clasifications
Tang Eng Iron 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 |
Tang Eng December 18, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Tang Eng help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Tang Eng Iron. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tang Eng Iron based on widely used predictive technical indicators. In general, we focus on analyzing Tang Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tang Eng's daily price indicators and compare them against related drivers.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 4.91 | |||
| Value At Risk | (2.12) | |||
| Potential Upside | 1.09 |
Additional Tools for Tang Stock Analysis
When running Tang Eng's price analysis, check to measure Tang Eng'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 Tang Eng is operating at the current time. Most of Tang Eng's value examination focuses on studying past and present price action to predict the probability of Tang Eng's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tang Eng's price. Additionally, you may evaluate how the addition of Tang Eng to your portfolios can decrease your overall portfolio volatility.