Taiwan Steel Financials
| 6581 Stock | TWD 121.50 3.00 2.53% |
Taiwan |
Understanding current and past Taiwan Steel Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Taiwan Steel's financial statements are interrelated, with each one affecting the others. For example, an increase in Taiwan Steel's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Taiwan Steel's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Taiwan Steel Union. Check Taiwan Steel's Beneish M Score to see the likelihood of Taiwan Steel's management manipulating its earnings.
Taiwan Steel Stock Summary
Taiwan Steel competes with Cleanaway, Sunny Friend, Topco Scientific, and Chailease Holding. Taiwan Steel Union Co., Ltd manufactures and trades in non-ferrous metals, such as zinc oxide and non-metallic mineral products in Taiwan. The company was founded in 1984 and is based in Changhua County, Taiwan. TAIWAN STEEL operates under Waste Management classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0006581002 |
| Business Address | No 36, Gongbei |
| Sector | Industrials |
| Industry | Waste Management |
| Benchmark | Dow Jones Industrial |
| Website | www.tsutw.com.tw |
| Phone | 886 4 7586 136 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Taiwan Steel without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Taiwan Stock, because this is throwing your money away. Analyzing the key information contained in Taiwan Steel's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Taiwan Steel Key Financial Ratios
There are many critical financial ratios that Taiwan Steel's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Taiwan Steel Union reports annually and quarterly.Taiwan Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Taiwan Steel's current stock value. Our valuation model uses many indicators to compare Taiwan Steel value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Taiwan Steel competition to find correlations between indicators driving Taiwan Steel's intrinsic value. More Info.Taiwan Steel Union 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 0.68 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Taiwan Steel Union is roughly 1.48 . 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 Taiwan Steel's earnings, one of the primary drivers of an investment's value.Taiwan Steel Union Systematic Risk
Taiwan Steel's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Taiwan Steel 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Taiwan Steel Union correlated with the market. If Beta is less than 0 Taiwan Steel generally moves in the opposite direction as compared to the market. If Taiwan Steel Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Taiwan Steel Union is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Taiwan Steel is generally in the same direction as the market. If Beta > 1 Taiwan Steel moves generally in the same direction as, but more than the movement of the benchmark.
Taiwan Steel Thematic Clasifications
Taiwan Steel Union is part of Iron 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. Steel and Iron production. Companies involved in production of steel and iron
This theme covers Steel and Iron production. Companies involved in production of steel and iron. Get More Thematic Ideas
| Iron | View |
Taiwan Steel December 12, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Taiwan Steel help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Taiwan Steel Union. We use our internally-developed statistical techniques to arrive at the intrinsic value of Taiwan Steel Union based on widely used predictive technical indicators. In general, we focus on analyzing Taiwan Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Taiwan Steel's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.97 | |||
| Information Ratio | 0.0572 | |||
| Maximum Drawdown | 12.95 | |||
| Value At Risk | (2.88) | |||
| Potential Upside | 2.69 |
Additional Tools for Taiwan Stock Analysis
When running Taiwan Steel's price analysis, check to measure Taiwan Steel'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 Taiwan Steel is operating at the current time. Most of Taiwan Steel's value examination focuses on studying past and present price action to predict the probability of Taiwan Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taiwan Steel's price. Additionally, you may evaluate how the addition of Taiwan Steel to your portfolios can decrease your overall portfolio volatility.