Tong Tai Financials
| 4526 Stock | TWD 29.80 0.55 1.81% |
Tong |
Understanding current and past Tong Tai Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Tong Tai's financial statements are interrelated, with each one affecting the others. For example, an increase in Tong Tai's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Tong Tai's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Tong Tai Machine Tool. Check Tong Tai's Beneish M Score to see the likelihood of Tong Tai's management manipulating its earnings.
Tong Tai Stock Summary
Tong Tai competes with Kaulin Mfg, Nien Hsing, Awea Mechantronic, Min Aik, and Ton Yi. Tongtai Machine Tool Co., Ltd. manufactures and sells machines worldwide. The company was founded in 1969 and is headquartered in Kaohsiung, Taiwan. TONG TAI operates under Diversified Industrials classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0004526009 |
| Business Address | No 3, Luke |
| Sector | Machinery |
| Industry | Industrials |
| Benchmark | Dow Jones Industrial |
| Website | www.tongtai.com.tw |
| Phone | 886 7 976 1588 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Tong Tai without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Tong Stock, because this is throwing your money away. Analyzing the key information contained in Tong Tai's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Tong Tai Key Financial Ratios
There are many critical financial ratios that Tong Tai's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Tong Tai Machine reports annually and quarterly.| Return On Equity | 0.0315 | |||
| Return On Asset | 0.0022 | |||
| Target Price | 25.0 | |||
| Number Of Employees | 19 | |||
| Beta | 0.82 |
Tong Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tong Tai's current stock value. Our valuation model uses many indicators to compare Tong Tai value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tong Tai competition to find correlations between indicators driving Tong Tai's intrinsic value. More Info.Tong Tai Machine Tool 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 0.07 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Tong Tai Machine Tool is roughly 14.32 . 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 Tong Tai's earnings, one of the primary drivers of an investment's value.Tong Tai Machine Systematic Risk
Tong Tai's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Tong Tai 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 Tong Tai Machine correlated with the market. If Beta is less than 0 Tong Tai generally moves in the opposite direction as compared to the market. If Tong Tai Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Tong Tai Machine is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Tong Tai is generally in the same direction as the market. If Beta > 1 Tong Tai moves generally in the same direction as, but more than the movement of the benchmark.
Tong Tai March 24, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Tong Tai help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Tong Tai Machine Tool. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tong Tai Machine Tool based on widely used predictive technical indicators. In general, we focus on analyzing Tong Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tong Tai's daily price indicators and compare them against related drivers.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 13.65 | |||
| Value At Risk | (4.32) | |||
| Potential Upside | 4.72 |
Additional Tools for Tong Stock Analysis
When running Tong Tai's price analysis, check to measure Tong Tai'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 Tong Tai is operating at the current time. Most of Tong Tai's value examination focuses on studying past and present price action to predict the probability of Tong Tai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tong Tai's price. Additionally, you may evaluate how the addition of Tong Tai to your portfolios can decrease your overall portfolio volatility.