Danen Technology Financials
| 3686 Stock | TWD 20.30 0.35 1.69% |
Danen |
Understanding current and past Danen Technology Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Danen Technology's financial statements are interrelated, with each one affecting the others. For example, an increase in Danen Technology's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Danen Technology's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Danen Technology Corp. Check Danen Technology's Beneish M Score to see the likelihood of Danen Technology's management manipulating its earnings.
Danen Technology Stock Summary
Danen Technology competes with AU Optronics, Innolux Corp, Ruentex Development, WiseChip Semiconductor, and Novatek Microelectronics. Danen Technology Corporation engages in the manufacture and sale of solar ingots and wafers for photovoltaic applications worldwide. The company was founded in 2007 and is headquartered in Taoyuan, Taiwan. DANEN TECHNOLOGY operates under Solar classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 63 people.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0003686002 |
| Business Address | No 599, Huan-Nan |
| Sector | Semiconductors & Semiconductor Equipment |
| Industry | Information Technology |
| Benchmark | Dow Jones Industrial |
| Website | www.danentech.com |
| Phone | 886 3 4738788 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Danen Technology without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Danen Stock, because this is throwing your money away. Analyzing the key information contained in Danen Technology's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Danen Technology Key Financial Ratios
There are many critical financial ratios that Danen Technology's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Danen Technology Corp reports annually and quarterly.| Return On Equity | 0.0668 | |||
| Return On Asset | 0.0777 | |||
| Target Price | 38.68 | |||
| Number Of Employees | 15 | |||
| Beta | 1.79 |
Danen Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Danen Technology's current stock value. Our valuation model uses many indicators to compare Danen Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Danen Technology competition to find correlations between indicators driving Danen Technology's intrinsic value. More Info.Danen Technology Corp 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 1.16 of Return On Asset per Return On Equity. 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 Danen Technology's earnings, one of the primary drivers of an investment's value.Danen Technology Corp Systematic Risk
Danen Technology's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Danen Technology 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 fourty-two with a total number of output elements of nineteen. The Beta measures systematic risk based on how returns on Danen Technology Corp correlated with the market. If Beta is less than 0 Danen Technology generally moves in the opposite direction as compared to the market. If Danen Technology Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Danen Technology Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Danen Technology is generally in the same direction as the market. If Beta > 1 Danen Technology moves generally in the same direction as, but more than the movement of the benchmark.
Danen Technology Thematic Clasifications
Danen Technology Corp is part of several thematic ideas from IT to Computers. 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. Get More Thematic IdeasDanen Technology December 13, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Danen Technology help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Danen Technology Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Danen Technology Corp based on widely used predictive technical indicators. In general, we focus on analyzing Danen Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Danen Technology's daily price indicators and compare them against related drivers.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 17.13 | |||
| Value At Risk | (3.82) | |||
| Potential Upside | 3.56 |
Additional Tools for Danen Stock Analysis
When running Danen Technology's price analysis, check to measure Danen Technology'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 Danen Technology is operating at the current time. Most of Danen Technology's value examination focuses on studying past and present price action to predict the probability of Danen Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danen Technology's price. Additionally, you may evaluate how the addition of Danen Technology to your portfolios can decrease your overall portfolio volatility.