RiTdisplay Corp Financials
| 8104 Stock | TWD 51.20 5.60 9.86% |
RiTdisplay |
Understanding current and past RiTdisplay Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of RiTdisplay Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in RiTdisplay Corp's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in RiTdisplay Corp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of RiTdisplay Corp. Check RiTdisplay Corp's Beneish M Score to see the likelihood of RiTdisplay Corp's management manipulating its earnings.
RiTdisplay Corp Stock Summary
RiTdisplay Corp competes with ANJI Technology, Emerging Display, U Tech, Ruentex Development, and WiseChip Semiconductor. RiTdisplay Corporation engages in the research and development, manufacture, and sale of organic light-emitting diodes in Taiwan and internationally. The company was founded in 1997 and is based in Hsinchu City, Taiwan. RITDISPLAY CORPORATION operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0008104001 |
| Business Address | Hsinchu Industrial Park, |
| Sector | Technology |
| Industry | Electronic Components |
| Benchmark | Dow Jones Industrial |
| Website | www.ritdisplay.com |
| Phone | 886 3 598 9999 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in RiTdisplay Corp without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of RiTdisplay Stock, because this is throwing your money away. Analyzing the key information contained in RiTdisplay Corp's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
RiTdisplay Corp Key Financial Ratios
There are many critical financial ratios that RiTdisplay Corp's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that RiTdisplay Corp reports annually and quarterly.| Return On Equity | 0.0219 | |||
| Return On Asset | 0.0068 | |||
| Number Of Employees | 15 | |||
| Beta | 1.13 | |||
| Z Score | 6.6 |
RiTdisplay Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining RiTdisplay Corp's current stock value. Our valuation model uses many indicators to compare RiTdisplay Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across RiTdisplay Corp competition to find correlations between indicators driving RiTdisplay Corp's intrinsic value. More Info.RiTdisplay 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 0.31 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for RiTdisplay Corp is roughly 3.22 . 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 RiTdisplay Corp's earnings, one of the primary drivers of an investment's value.RiTdisplay Corp Systematic Risk
RiTdisplay Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. RiTdisplay Corp 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-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on RiTdisplay Corp correlated with the market. If Beta is less than 0 RiTdisplay Corp generally moves in the opposite direction as compared to the market. If RiTdisplay Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one RiTdisplay Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of RiTdisplay Corp is generally in the same direction as the market. If Beta > 1 RiTdisplay Corp moves generally in the same direction as, but more than the movement of the benchmark.
RiTdisplay Corp Thematic Clasifications
RiTdisplay Corp is part of several thematic ideas from Recreation to ISP. 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 IdeasRiTdisplay Corp December 11, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of RiTdisplay Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of RiTdisplay Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of RiTdisplay Corp based on widely used predictive technical indicators. In general, we focus on analyzing RiTdisplay Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build RiTdisplay Corp's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.87 | |||
| Information Ratio | 0.0894 | |||
| Maximum Drawdown | 19.85 | |||
| Value At Risk | (4.46) | |||
| Potential Upside | 6.87 |
Additional Tools for RiTdisplay Stock Analysis
When running RiTdisplay Corp's price analysis, check to measure RiTdisplay Corp'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 RiTdisplay Corp is operating at the current time. Most of RiTdisplay Corp's value examination focuses on studying past and present price action to predict the probability of RiTdisplay Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RiTdisplay Corp's price. Additionally, you may evaluate how the addition of RiTdisplay Corp to your portfolios can decrease your overall portfolio volatility.