Shin Ruenn Financials
| 6186 Stock | TWD 61.10 0.10 0.16% |
Shin |
Understanding current and past Shin Ruenn Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Shin Ruenn's financial statements are interrelated, with each one affecting the others. For example, an increase in Shin Ruenn's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Shin Ruenn's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Shin Ruenn Development. Check Shin Ruenn's Beneish M Score to see the likelihood of Shin Ruenn's management manipulating its earnings.
Shin Ruenn Stock Summary
Shin Ruenn competes with Highwealth Construction, Sakura Development, Kunyue Development, and Tacheng Real. Shin Ruenn development Co., LTD. engages in the development and rental of housing and buildings. Shin Ruenn development Co., LTD. was founded in 1998 and is based in Taipei, Taiwan. SHIN RUENN operates under Real EstateDevelopment classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 34 people.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan OTC Exchange |
| ISIN | TW0006186000 |
| Business Address | No 109, Minsheng |
| Sector | Real Estate |
| Industry | Real Estate—Development |
| Benchmark | Dow Jones Industrial |
| Website | www.shinruenn.com |
| Phone | 886 2 545 0899 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Shin Ruenn without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Shin Stock, because this is throwing your money away. Analyzing the key information contained in Shin Ruenn's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Shin Ruenn Key Financial Ratios
There are many critical financial ratios that Shin Ruenn's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Shin Ruenn Development reports annually and quarterly.| Return On Equity | -0.0408 | |||
| Return On Asset | -0.0042 | |||
| Number Of Employees | 43 | |||
| Beta | 0.21 | |||
| Z Score | 1.8 |
Shin Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Shin Ruenn's current stock value. Our valuation model uses many indicators to compare Shin Ruenn value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Shin Ruenn competition to find correlations between indicators driving Shin Ruenn's intrinsic value. More Info.Shin Ruenn Development is rated second in return on equity category among its peers. It also is rated second in return on asset category among its peers . 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 Shin Ruenn's earnings, one of the primary drivers of an investment's value.Shin Ruenn Development Systematic Risk
Shin Ruenn's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Shin Ruenn 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Shin Ruenn Development correlated with the market. If Beta is less than 0 Shin Ruenn generally moves in the opposite direction as compared to the market. If Shin Ruenn Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Shin Ruenn Development is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Shin Ruenn is generally in the same direction as the market. If Beta > 1 Shin Ruenn moves generally in the same direction as, but more than the movement of the benchmark.
Shin Ruenn December 19, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Shin Ruenn help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Shin Ruenn Development. We use our internally-developed statistical techniques to arrive at the intrinsic value of Shin Ruenn Development based on widely used predictive technical indicators. In general, we focus on analyzing Shin Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Shin Ruenn's daily price indicators and compare them against related drivers.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 13.33 | |||
| Value At Risk | (4.24) | |||
| Potential Upside | 4.14 |
Additional Tools for Shin Stock Analysis
When running Shin Ruenn's price analysis, check to measure Shin Ruenn'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 Shin Ruenn is operating at the current time. Most of Shin Ruenn's value examination focuses on studying past and present price action to predict the probability of Shin Ruenn's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shin Ruenn's price. Additionally, you may evaluate how the addition of Shin Ruenn to your portfolios can decrease your overall portfolio volatility.