Shin Hai Financials
| 9926 Stock | TWD 51.10 0.70 1.35% |
Shin |
Understanding current and past Shin Hai Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Shin Hai's financial statements are interrelated, with each one affecting the others. For example, an increase in Shin Hai's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Shin Hai's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Shin Hai Gas. Check Shin Hai's Beneish M Score to see the likelihood of Shin Hai's management manipulating its earnings.
Shin Hai Stock Summary
Shin Hai competes with Chailease Holding, ReaLy Development, Hi Lai, Da Cin, and HIM International. The company also offers interrupting devices, microcomputer gas meters, safety equipment, stoves, and dryers. The company was founded in 1966 and is based in New Taipei City, Taiwan. SHIN HAI operates under Utilities - Regulated Gas classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0009926006 |
| Business Address | No52, Section 1, |
| Sector | Gas Utilities |
| Industry | Utilities |
| Benchmark | Dow Jones Industrial |
| Website | www.shinhaigas.com.tw |
| Phone | 886 2 2982 1131 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Shin Hai 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 Hai's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Shin Hai Key Financial Ratios
There are many critical financial ratios that Shin Hai's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Shin Hai Gas reports annually and quarterly.Shin Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Shin Hai's current stock value. Our valuation model uses many indicators to compare Shin Hai value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Shin Hai competition to find correlations between indicators driving Shin Hai's intrinsic value. More Info.Shin Hai Gas 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 Shin Hai Gas is roughly 3.23 . 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 Hai's earnings, one of the primary drivers of an investment's value.Shin Hai Gas Systematic Risk
Shin Hai's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Shin Hai 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 Shin Hai Gas correlated with the market. If Beta is less than 0 Shin Hai generally moves in the opposite direction as compared to the market. If Shin Hai Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Shin Hai Gas is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Shin Hai is generally in the same direction as the market. If Beta > 1 Shin Hai moves generally in the same direction as, but more than the movement of the benchmark.
Shin Hai March 20, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Shin Hai help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Shin Hai Gas. We use our internally-developed statistical techniques to arrive at the intrinsic value of Shin Hai Gas 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 Hai's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.7666 | |||
| Information Ratio | 0.1086 | |||
| Maximum Drawdown | 3.28 | |||
| Value At Risk | (1.35) | |||
| Potential Upside | 1.18 |
Additional Tools for Shin Stock Analysis
When running Shin Hai's price analysis, check to measure Shin Hai'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 Hai is operating at the current time. Most of Shin Hai's value examination focuses on studying past and present price action to predict the probability of Shin Hai'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 Hai's price. Additionally, you may evaluate how the addition of Shin Hai to your portfolios can decrease your overall portfolio volatility.