China Development Financials
| 2883 Stock | TWD 17.20 0.25 1.43% |
China |
Understanding current and past China Development Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of China Development's financial statements are interrelated, with each one affecting the others. For example, an increase in China Development's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in China Development's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of China Development Financial. Check China Development's Beneish M Score to see the likelihood of China Development's management manipulating its earnings.
China Development Stock Summary
China Development competes with Cathay Financial, Mega Financial, CTBC Financial, Fubon Financial, and First Financial. China Development Financial Holding Corporation provides insurance, commercial banking, securities, and venture capital in Taiwan and internationally. China Development Financial Holding Corporation was founded in 1959 and is headquartered in Taipei, Taiwan. CHINA DEVELOPMENT operates under Asset Management classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 12597 people.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0002883006 |
| Business Address | No 135, Dunhua |
| Sector | Banks |
| Industry | Financials |
| Benchmark | Dow Jones Industrial |
| Website | www.cdfholding.com |
| Phone | 886 2 2763 8800 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in China Development without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of China Stock, because this is throwing your money away. Analyzing the key information contained in China Development's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
China Development Key Financial Ratios
There are many critical financial ratios that China Development's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that China Development reports annually and quarterly.| Return On Equity | 0.11 | |||
| Return On Asset | 0.0073 | |||
| Target Price | 12.4 | |||
| Beta | 0.69 | |||
| Last Dividend Paid | 1.0 |
China Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining China Development's current stock value. Our valuation model uses many indicators to compare China Development value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across China Development competition to find correlations between indicators driving China Development's intrinsic value. More Info.China Development Financial is rated third in return on equity category among its peers. It is number one stock in return on asset category among its peers reporting about 0.07 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for China Development Financial is roughly 14.74 . 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 China Development's earnings, one of the primary drivers of an investment's value.China Development Systematic Risk
China Development's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. China Development 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 China Development correlated with the market. If Beta is less than 0 China Development generally moves in the opposite direction as compared to the market. If China Development Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one China Development is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of China Development is generally in the same direction as the market. If Beta > 1 China Development moves generally in the same direction as, but more than the movement of the benchmark.
China Development November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of China Development help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of China Development Financial. We use our internally-developed statistical techniques to arrive at the intrinsic value of China Development Financial based on widely used predictive technical indicators. In general, we focus on analyzing China Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build China Development's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.25 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 6.96 | |||
| Value At Risk | (1.49) | |||
| Potential Upside | 2.53 |
Additional Tools for China Stock Analysis
When running China Development's price analysis, check to measure China Development'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 China Development is operating at the current time. Most of China Development's value examination focuses on studying past and present price action to predict the probability of China Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Development's price. Additionally, you may evaluate how the addition of China Development to your portfolios can decrease your overall portfolio volatility.