Nankang Rubber Financials
| 2101 Stock | TWD 42.75 0.50 1.18% |
Nankang |
Understanding current and past Nankang Rubber Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Nankang Rubber's financial statements are interrelated, with each one affecting the others. For example, an increase in Nankang Rubber's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Nankang Rubber's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Nankang Rubber Tire. Check Nankang Rubber's Beneish M Score to see the likelihood of Nankang Rubber's management manipulating its earnings.
Nankang Rubber Stock Summary
Nankang Rubber competes with Yulon, Federal Corp, Kenda Rubber, Taiwan Glass, and Far Eastern. ,Ltd. produces and sells tires in Taiwan and internationally. The company was founded in 1959 and is headquartered in Taipei City, Taiwan. NAN KANG is traded on Taiwan Stock Exchange in Taiwan.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0002101003 |
| Business Address | No136, Sec3, Jen |
| Sector | Auto Components |
| Industry | Consumer Discretionary |
| Benchmark | Dow Jones Industrial |
| Website | www.nankang.com.tw |
| Phone | 886 2 2707 1000 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Nankang Rubber without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Nankang Stock, because this is throwing your money away. Analyzing the key information contained in Nankang Rubber's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Nankang Rubber Key Financial Ratios
There are many critical financial ratios that Nankang Rubber's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Nankang Rubber Tire reports annually and quarterly.| Return On Equity | -0.0956 | |||
| Return On Asset | -0.008 | |||
| Target Price | 60.0 | |||
| Number Of Employees | 24 | |||
| Beta | 0.35 |
Nankang Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nankang Rubber's current stock value. Our valuation model uses many indicators to compare Nankang Rubber value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nankang Rubber competition to find correlations between indicators driving Nankang Rubber's intrinsic value. More Info.Nankang Rubber Tire is rated fifth in return on equity category among its peers. It also 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 Nankang Rubber's earnings, one of the primary drivers of an investment's value.Nankang Rubber Tire Systematic Risk
Nankang Rubber's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nankang Rubber 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 Nankang Rubber Tire correlated with the market. If Beta is less than 0 Nankang Rubber generally moves in the opposite direction as compared to the market. If Nankang Rubber Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nankang Rubber Tire is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nankang Rubber is generally in the same direction as the market. If Beta > 1 Nankang Rubber moves generally in the same direction as, but more than the movement of the benchmark.
Nankang Rubber Thematic Clasifications
Nankang Rubber Tire is part of Plastics 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. Rubber and plastics accessories. Companies manufacturing rubber and plastics accessories
This theme covers Rubber and plastics accessories. Companies manufacturing rubber and plastics accessories. Get More Thematic Ideas
| Plastics | View |
Nankang Rubber March 23, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nankang Rubber help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nankang Rubber Tire. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nankang Rubber Tire based on widely used predictive technical indicators. In general, we focus on analyzing Nankang Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nankang Rubber's daily price indicators and compare them against related drivers.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 5.18 | |||
| Value At Risk | (2.38) | |||
| Potential Upside | 1.69 |
Additional Tools for Nankang Stock Analysis
When running Nankang Rubber's price analysis, check to measure Nankang Rubber'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 Nankang Rubber is operating at the current time. Most of Nankang Rubber's value examination focuses on studying past and present price action to predict the probability of Nankang Rubber's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nankang Rubber's price. Additionally, you may evaluate how the addition of Nankang Rubber to your portfolios can decrease your overall portfolio volatility.