Shin Kong Financials
| 2888A Stock | TWD 38.20 0.05 0.13% |
Shin |
Understanding current and past Shin Kong Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Shin Kong's financial statements are interrelated, with each one affecting the others. For example, an increase in Shin Kong's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Shin Kong's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Shin Kong Financial. Check Shin Kong's Beneish M Score to see the likelihood of Shin Kong's management manipulating its earnings.
Shin Kong Stock Summary
Shin Kong competes with Univacco Technology, Mega Financial, Shin Kong, ESUN Financial, and Central Reinsurance. Shin Kong Financial Holding Co., Ltd., through its subsidiaries, provides a range of financial products and services in Taipei and internationally. Shin Kong Financial Holding Co., Ltd. was founded in 2002 and is headquartered in Taipei City, Taiwan. SHIN KONG operates under InsuranceLife classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 17255 people.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| Business Address | No 66, Chung-Hsiao |
| Sector | Financial Services |
| Industry | Insurance—Life |
| Benchmark | Dow Jones Industrial |
| Website | www.skfh.com.tw |
| Phone | 886 2 2389 5858 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Shin Kong without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Shin Stock, because this is throwing your money away. Analyzing the key information contained in Shin Kong's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Shin Kong Key Financial Ratios
Shin Kong's financial ratios allow both analysts and investors to convert raw data from Shin Kong's financial statements into concise, actionable information that can be used to evaluate the performance of Shin Kong over time and compare it to other companies across industries.| Return On Equity | 0.0537 | |||
| Return On Asset | -0.0191 | |||
| Beta | 0.62 | |||
| Last Dividend Paid | 0.43 |
Shin Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Shin Kong's current stock value. Our valuation model uses many indicators to compare Shin Kong value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Shin Kong competition to find correlations between indicators driving Shin Kong's intrinsic value. More Info.Shin Kong Financial is rated fourth in return on equity category among its peers. It also is rated fourth 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 Shin Kong's earnings, one of the primary drivers of an investment's value.Shin Kong Financial Systematic Risk
Shin Kong's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Shin Kong 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 thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Shin Kong Financial correlated with the market. If Beta is less than 0 Shin Kong generally moves in the opposite direction as compared to the market. If Shin Kong Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Shin Kong Financial is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Shin Kong is generally in the same direction as the market. If Beta > 1 Shin Kong moves generally in the same direction as, but more than the movement of the benchmark.
Shin Kong March 2, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Shin Kong help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Shin Kong Financial. We use our internally-developed statistical techniques to arrive at the intrinsic value of Shin Kong Financial based on widely used predictive technical indicators. In general, we focus on analyzing Shin Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Shin Kong's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.2765 | |||
| Information Ratio | 0.3497 | |||
| Maximum Drawdown | 2.06 | |||
| Value At Risk | (0.28) | |||
| Potential Upside | 0.8065 |
Additional Tools for Shin Stock Analysis
When running Shin Kong's price analysis, check to measure Shin Kong'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 Shin Kong is operating at the current time. Most of Shin Kong's value examination focuses on studying past and present price action to predict the probability of Shin Kong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shin Kong's price. Additionally, you may evaluate how the addition of Shin Kong to your portfolios can decrease your overall portfolio volatility.