Song Ho Financials
| 5016 Stock | TWD 27.35 0.10 0.36% |
Song |
Understanding current and past Song Ho Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Song Ho's financial statements are interrelated, with each one affecting the others. For example, an increase in Song Ho's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Song Ho's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Song Ho Industrial. Check Song Ho's Beneish M Score to see the likelihood of Song Ho's management manipulating its earnings.
Song Ho Stock Summary
Song Ho competes with Gigastorage Corp, Data International, Provision Information, Genovate Biotechnology, and Transcend Information. Song Ho Industrial Co., Ltd. manufactures and sells various steel products in Taiwan. Song Ho Industrial Co., Ltd. was founded in 1972 and is based in Nantou City, Taiwan. SONG HO operates under Steel classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 469 people.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan OTC Exchange |
| ISIN | TW0005016000 |
| Business Address | No61, Nankong 3rd |
| Sector | Basic Materials |
| Industry | Steel |
| Benchmark | Dow Jones Industrial |
| Website | www.songho.com |
| Phone | 886 4 9225 2746 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Song Ho without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Song Stock, because this is throwing your money away. Analyzing the key information contained in Song Ho's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Song Ho Key Financial Ratios
There are many critical financial ratios that Song Ho's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Song Ho Industrial reports annually and quarterly.| Return On Equity | 0.0773 | |||
| Return On Asset | 0.0395 | |||
| Number Of Employees | 400 | |||
| Beta | 0.46 | |||
| Z Score | 2.8 |
Song Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Song Ho's current stock value. Our valuation model uses many indicators to compare Song Ho value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Song Ho competition to find correlations between indicators driving Song Ho's intrinsic value. More Info.Song Ho Industrial 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 0.51 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Song Ho Industrial is roughly 1.96 . 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 Song Ho's earnings, one of the primary drivers of an investment's value.Song Ho Industrial Systematic Risk
Song Ho's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Song Ho 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 thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Song Ho Industrial correlated with the market. If Beta is less than 0 Song Ho generally moves in the opposite direction as compared to the market. If Song Ho Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Song Ho Industrial is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Song Ho is generally in the same direction as the market. If Beta > 1 Song Ho moves generally in the same direction as, but more than the movement of the benchmark.
Song Ho Thematic Clasifications
Song Ho Industrial is part of Heavy Metals 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. Industrial metals and minerals. Companies involved in mining, production, and distribution of various industrial metals and minerals
This theme covers Industrial metals and minerals. Companies involved in mining, production, and distribution of various industrial metals and minerals. Get More Thematic Ideas
| Heavy Metals | View |
Song Ho December 14, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Song Ho help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Song Ho Industrial. We use our internally-developed statistical techniques to arrive at the intrinsic value of Song Ho Industrial based on widely used predictive technical indicators. In general, we focus on analyzing Song Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Song Ho's daily price indicators and compare them against related drivers.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 2.36 | |||
| Value At Risk | (0.90) | |||
| Potential Upside | 0.9058 |
Additional Tools for Song Stock Analysis
When running Song Ho's price analysis, check to measure Song Ho'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 Song Ho is operating at the current time. Most of Song Ho's value examination focuses on studying past and present price action to predict the probability of Song Ho's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Song Ho's price. Additionally, you may evaluate how the addition of Song Ho to your portfolios can decrease your overall portfolio volatility.