Elite Semiconductor Financials
| 3006 Stock | TWD 63.70 0.10 0.16% |
Elite |
Understanding current and past Elite Semiconductor Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Elite Semiconductor's financial statements are interrelated, with each one affecting the others. For example, an increase in Elite Semiconductor's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Elite Semiconductor's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Elite Semiconductor Memory. Check Elite Semiconductor's Beneish M Score to see the likelihood of Elite Semiconductor's management manipulating its earnings.
Elite Semiconductor Stock Summary
Elite Semiconductor competes with AU Optronics, Innolux Corp, Ruentex Development, WiseChip Semiconductor, and Novatek Microelectronics. Elite Semiconductor Memory Technology Inc., engages in the design, manufacture, and sale of IC products in Taiwan. Elite Semiconductor Memory Technology Inc. was founded in 1998 and is based in Hsinchu, Taiwan. ELITE SEMICONDUCTOR operates under Semiconductor Equipment Materials classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0003006003 |
| Business Address | No 23, Industry |
| Sector | Semiconductors & Semiconductor Equipment |
| Industry | Information Technology |
| Benchmark | Dow Jones Industrial |
| Website | www.esmt.com.tw |
| Phone | 886 3 578 1970 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Elite Semiconductor without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Elite Stock, because this is throwing your money away. Analyzing the key information contained in Elite Semiconductor's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Elite Semiconductor Key Financial Ratios
There are many critical financial ratios that Elite Semiconductor's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Elite Semiconductor reports annually and quarterly.Elite Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Elite Semiconductor's current stock value. Our valuation model uses many indicators to compare Elite Semiconductor value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Elite Semiconductor competition to find correlations between indicators driving Elite Semiconductor's intrinsic value. More Info.Elite Semiconductor Memory 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 0.36 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Elite Semiconductor Memory is roughly 2.80 . 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 Elite Semiconductor's earnings, one of the primary drivers of an investment's value.Elite Semiconductor Systematic Risk
Elite Semiconductor's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Elite Semiconductor 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 fifty-two with a total number of output elements of nine. The Beta measures systematic risk based on how returns on Elite Semiconductor correlated with the market. If Beta is less than 0 Elite Semiconductor generally moves in the opposite direction as compared to the market. If Elite Semiconductor Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Elite Semiconductor is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Elite Semiconductor is generally in the same direction as the market. If Beta > 1 Elite Semiconductor moves generally in the same direction as, but more than the movement of the benchmark.
Elite Semiconductor Thematic Clasifications
Elite Semiconductor Memory is part of Semiconductor investing theme. 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. Semiconductor materials and production. Companies involved in production of semiconductor and semiconductor materials
This theme covers Semiconductor materials and production. Companies involved in production of semiconductor and semiconductor materials. Get More Thematic Ideas
| Semiconductor | View |
Elite Semiconductor December 13, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Elite Semiconductor help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Elite Semiconductor Memory. We use our internally-developed statistical techniques to arrive at the intrinsic value of Elite Semiconductor Memory based on widely used predictive technical indicators. In general, we focus on analyzing Elite Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Elite Semiconductor's daily price indicators and compare them against related drivers.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 7.31 | |||
| Value At Risk | (2.70) | |||
| Potential Upside | 2.33 |
Additional Tools for Elite Stock Analysis
When running Elite Semiconductor's price analysis, check to measure Elite Semiconductor'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 Elite Semiconductor is operating at the current time. Most of Elite Semiconductor's value examination focuses on studying past and present price action to predict the probability of Elite Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elite Semiconductor's price. Additionally, you may evaluate how the addition of Elite Semiconductor to your portfolios can decrease your overall portfolio volatility.