United Renewable Financials
| 3576 Stock | TWD 10.25 0.05 0.49% |
United |
Understanding current and past United Renewable Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of United Renewable's financial statements are interrelated, with each one affecting the others. For example, an increase in United Renewable's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in United Renewable's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of United Renewable Energy. Check United Renewable's Beneish M Score to see the likelihood of United Renewable's management manipulating its earnings.
United Renewable Stock Summary
United Renewable competes with Motech Industries, Innolux Corp, Gigastorage Corp, and Darwin Precisions. United Renewable Energy Co., Ltd. engages in the research, design, development, manufacture, and sale of solar cells, solar cell modules, and wafers in Taiwan, China, Germany, the United States, Mexico, the United Arab Emirates, and internationally. The company was founded in 2005 and is based in Hsinchu, Taiwan. UNITED RENEWABLE operates under Solar classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0003576005 |
| Business Address | Hsinchu Science Park, |
| Sector | Semiconductors & Semiconductor Equipment |
| Industry | Information Technology |
| Benchmark | Dow Jones Industrial |
| Website | www.urecorp.com |
| Phone | 886 3 578 0011 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in United Renewable without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of United Stock, because this is throwing your money away. Analyzing the key information contained in United Renewable's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
United Renewable Key Financial Ratios
There are many critical financial ratios that United Renewable's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that United Renewable Energy reports annually and quarterly.| Return On Equity | 0.0304 | |||
| Return On Asset | 0.0089 | |||
| Target Price | 16.5 | |||
| Number Of Employees | 41 | |||
| Beta | 1.22 |
United Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining United Renewable's current stock value. Our valuation model uses many indicators to compare United Renewable value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across United Renewable competition to find correlations between indicators driving United Renewable's intrinsic value. More Info.United Renewable Energy 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 0.29 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for United Renewable Energy is roughly 3.42 . 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 United Renewable's earnings, one of the primary drivers of an investment's value.United Renewable Energy Systematic Risk
United Renewable's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. United Renewable 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 with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on United Renewable Energy correlated with the market. If Beta is less than 0 United Renewable generally moves in the opposite direction as compared to the market. If United Renewable Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one United Renewable Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of United Renewable is generally in the same direction as the market. If Beta > 1 United Renewable moves generally in the same direction as, but more than the movement of the benchmark.
United Renewable March 2, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of United Renewable help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of United Renewable Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of United Renewable Energy based on widely used predictive technical indicators. In general, we focus on analyzing United Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build United Renewable's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.36 | |||
| Information Ratio | 0.0201 | |||
| Maximum Drawdown | 11.92 | |||
| Value At Risk | (3.92) | |||
| Potential Upside | 3.43 |
Additional Tools for United Stock Analysis
When running United Renewable's price analysis, check to measure United Renewable'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 United Renewable is operating at the current time. Most of United Renewable's value examination focuses on studying past and present price action to predict the probability of United Renewable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Renewable's price. Additionally, you may evaluate how the addition of United Renewable to your portfolios can decrease your overall portfolio volatility.