Ruentex Industries Financials
| 2915 Stock | TWD 77.80 0.20 0.26% |
Ruentex |
Understanding current and past Ruentex Industries Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ruentex Industries' financial statements are interrelated, with each one affecting the others. For example, an increase in Ruentex Industries' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Ruentex Industries' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ruentex Industries. Check Ruentex Industries' Beneish M Score to see the likelihood of Ruentex Industries' management manipulating its earnings.
Ruentex Industries Stock Summary
Ruentex Industries competes with Ruentex Development, Fubon Financial, Cathay Financial, Pou Chen, and Uni President. Ruentex Industries Limited engages in textile manufacturing, retailing, marketing, and trading activities. In addition, the company offers planning and design services for elderly homes, mass merchandisers, hypermarkets, parking lots, office buildings, science and technology plants, general housing, etc. and construction drawing services. RUENTEX INDUSTRIES operates under Textile Manufacturing classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0002915006 |
| Business Address | No 308, Bade |
| Sector | Textiles, Apparel & Luxury Goods |
| Industry | Consumer Discretionary |
| Benchmark | Dow Jones Industrial |
| Website | www.ruentex.com.tw |
| Phone | 886 2 8161 7999 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Ruentex Industries without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Ruentex Stock, because this is throwing your money away. Analyzing the key information contained in Ruentex Industries' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Ruentex Industries Key Financial Ratios
There are many critical financial ratios that Ruentex Industries' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Ruentex Industries reports annually and quarterly.| Return On Equity | 0.28 | |||
| Return On Asset | -1.0E-4 | |||
| Target Price | 54.0 | |||
| Number Of Employees | 24 | |||
| Beta | 0.52 |
Ruentex Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ruentex Industries's current stock value. Our valuation model uses many indicators to compare Ruentex Industries value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ruentex Industries competition to find correlations between indicators driving Ruentex Industries's intrinsic value. More Info.Ruentex Industries is number one stock in return on equity category among its peers. It is rated third 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 Ruentex Industries' earnings, one of the primary drivers of an investment's value.Ruentex Industries Systematic Risk
Ruentex Industries' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ruentex Industries 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Ruentex Industries correlated with the market. If Beta is less than 0 Ruentex Industries generally moves in the opposite direction as compared to the market. If Ruentex Industries Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ruentex Industries is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ruentex Industries is generally in the same direction as the market. If Beta > 1 Ruentex Industries moves generally in the same direction as, but more than the movement of the benchmark.
Ruentex Industries December 4, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Ruentex Industries help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ruentex Industries. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ruentex Industries based on widely used predictive technical indicators. In general, we focus on analyzing Ruentex Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ruentex Industries's daily price indicators and compare them against related drivers.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 6.08 | |||
| Value At Risk | (2.26) | |||
| Potential Upside | 2.6 |
Additional Tools for Ruentex Stock Analysis
When running Ruentex Industries' price analysis, check to measure Ruentex Industries' 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 Ruentex Industries is operating at the current time. Most of Ruentex Industries' value examination focuses on studying past and present price action to predict the probability of Ruentex Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ruentex Industries' price. Additionally, you may evaluate how the addition of Ruentex Industries to your portfolios can decrease your overall portfolio volatility.