Cheng Shin Financials
| 2105 Stock | TWD 51.70 0.40 0.78% |
Cheng |
Understanding current and past Cheng Shin Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Cheng Shin's financial statements are interrelated, with each one affecting the others. For example, an increase in Cheng Shin's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Cheng Shin's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Cheng Shin Rubber. Check Cheng Shin's Beneish M Score to see the likelihood of Cheng Shin's management manipulating its earnings.
Cheng Shin Stock Summary
Cheng Shin competes with Uni President, Formosa Chemicals, Asia Cement, Pou Chen, and President Chain. Co., Ltd., together with subsidiaries, processes, manufactures, and trades in bicycle tires, electrical vehicle tires, reclaimed rubbers, various rubbers and resins, and other rubber products. Co., Ltd. was founded in 1967 and is headquartered in Changhua, Taiwan. CHENG SHIN operates under Rubber Plastics classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 30909 people.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0002105004 |
| Business Address | No 215, Meigang |
| Sector | Auto Components |
| Industry | Consumer Discretionary |
| Benchmark | Dow Jones Industrial |
| Website | www.cst.com.tw |
| Phone | 886 4 852 5151 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Cheng Shin without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Cheng Stock, because this is throwing your money away. Analyzing the key information contained in Cheng Shin's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Cheng Shin Key Financial Ratios
There are many critical financial ratios that Cheng Shin's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Cheng Shin Rubber reports annually and quarterly.| Return On Equity | 0.0608 | |||
| Return On Asset | 0.0297 | |||
| Target Price | 37.33 | |||
| Number Of Employees | 41 | |||
| Beta | 0.62 |
Cheng Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Cheng Shin's current stock value. Our valuation model uses many indicators to compare Cheng Shin value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cheng Shin competition to find correlations between indicators driving Cheng Shin's intrinsic value. More Info.Cheng Shin Rubber 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 0.49 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Cheng Shin Rubber is roughly 2.05 . 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 Cheng Shin's earnings, one of the primary drivers of an investment's value.Cheng Shin Rubber Systematic Risk
Cheng Shin's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Cheng Shin 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Cheng Shin Rubber correlated with the market. If Beta is less than 0 Cheng Shin generally moves in the opposite direction as compared to the market. If Cheng Shin Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cheng Shin Rubber is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cheng Shin is generally in the same direction as the market. If Beta > 1 Cheng Shin moves generally in the same direction as, but more than the movement of the benchmark.
Cheng Shin December 7, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Cheng Shin help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Cheng Shin Rubber. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cheng Shin Rubber based on widely used predictive technical indicators. In general, we focus on analyzing Cheng Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cheng Shin's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.77 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 13.45 | |||
| Value At Risk | (2.81) | |||
| Potential Upside | 2.56 |
Additional Tools for Cheng Stock Analysis
When running Cheng Shin's price analysis, check to measure Cheng Shin'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 Cheng Shin is operating at the current time. Most of Cheng Shin's value examination focuses on studying past and present price action to predict the probability of Cheng Shin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cheng Shin's price. Additionally, you may evaluate how the addition of Cheng Shin to your portfolios can decrease your overall portfolio volatility.