Thinking Electronic Financials
2428 Stock | 155.50 3.00 1.89% |
Thinking |
Understanding current and past Thinking Electronic Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Thinking Electronic's financial statements are interrelated, with each one affecting the others. For example, an increase in Thinking Electronic's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Thinking Electronic's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Thinking Electronic Industrial. Check Thinking Electronic's Beneish M Score to see the likelihood of Thinking Electronic's management manipulating its earnings.
Thinking Electronic Stock Summary
Thinking Electronic competes with Polytronics Technology, Greatek Electronics, Elite Material, Sunonwealth Electric, and Sinbon Electronics. Thinking Electronic Industrial Co., Ltd. manufactures and sells various protective circuit components.Instrument | Taiwan Stock View All |
Exchange | Taiwan Stock Exchange |
ISIN | TW0002428000 |
Business Address | No 93, Dashun |
Sector | Electronic Equipment, Instruments & Components |
Industry | Information Technology |
Benchmark | Dow Jones Industrial |
Website | www.thinking.com.tw |
Phone | 886 7 557 7660 |
You should never invest in Thinking Electronic without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Thinking Stock, because this is throwing your money away. Analyzing the key information contained in Thinking Electronic's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Thinking Electronic Key Financial Ratios
There are many critical financial ratios that Thinking Electronic's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Thinking Electronic reports annually and quarterly.Return On Equity | 0.19 | |||
Return On Asset | 0.0765 | |||
Target Price | 121.0 | |||
Beta | 1.14 | |||
Z Score | 16.2 |
Thinking Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Thinking Electronic's current stock value. Our valuation model uses many indicators to compare Thinking Electronic value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Thinking Electronic competition to find correlations between indicators driving Thinking Electronic's intrinsic value. More Info.Thinking Electronic Industrial is rated fifth in return on equity category among its peers. It is rated fourth in return on asset category among its peers reporting about 0.41 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Thinking Electronic Industrial is roughly 2.47 . 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 Thinking Electronic's earnings, one of the primary drivers of an investment's value.Thinking Electronic Systematic Risk
Thinking Electronic's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Thinking Electronic 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Thinking Electronic correlated with the market. If Beta is less than 0 Thinking Electronic generally moves in the opposite direction as compared to the market. If Thinking Electronic Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Thinking Electronic is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Thinking Electronic is generally in the same direction as the market. If Beta > 1 Thinking Electronic moves generally in the same direction as, but more than the movement of the benchmark.
Thinking Electronic Thematic Clasifications
Thinking Electronic Industrial is part of several thematic ideas from Heavy Metals to Electronics. 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. Get More Thematic IdeasThinking Electronic December 14, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Thinking Electronic help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Thinking Electronic Industrial. We use our internally-developed statistical techniques to arrive at the intrinsic value of Thinking Electronic Industrial based on widely used predictive technical indicators. In general, we focus on analyzing Thinking Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Thinking Electronic's daily price indicators and compare them against related drivers.
Information Ratio | (0.11) | |||
Maximum Drawdown | 8.21 | |||
Value At Risk | (2.29) | |||
Potential Upside | 2.02 |
Additional Tools for Thinking Stock Analysis
When running Thinking Electronic's price analysis, check to measure Thinking Electronic'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 Thinking Electronic is operating at the current time. Most of Thinking Electronic's value examination focuses on studying past and present price action to predict the probability of Thinking Electronic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thinking Electronic's price. Additionally, you may evaluate how the addition of Thinking Electronic to your portfolios can decrease your overall portfolio volatility.