Shin Tai Industry Stock Beneish M Score

1235 Stock  TWD 102.50  6.50  5.96%   
This module uses fundamental data of Shin Tai to approximate the value of its Beneish M Score. Shin Tai M Score tells investors if the company management is likely to be manipulating earnings. The score is calculated using eight financial indicators that are adjusted by a specific multiplier. Please note, the M Score is a probabilistic model and cannot detect companies that manipulate their earnings with 100% accuracy. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shin Tai Industry. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
  
At this time, Shin Tai's M Score is inapplicable. The earnings manipulation may begin if Shin Tai's top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by Shin Tai executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of Shin Tai's earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-4.84
Beneish M Score - Inapplicable
Elasticity of Receivables

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Focus
Asset Quality

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Expense Coverage

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Gross Margin Strengs

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Accruals Factor

N/A

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Depreciation Resistance

N/A

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Net Sales Growth

N/A

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Financial Leverage Condition

N/A

Focus

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About Shin Tai Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Shin Tai Industry's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shin Tai using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shin Tai Industry based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Shin Stock Analysis

When running Shin Tai's price analysis, check to measure Shin Tai'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 Tai is operating at the current time. Most of Shin Tai's value examination focuses on studying past and present price action to predict the probability of Shin Tai'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 Tai's price. Additionally, you may evaluate how the addition of Shin Tai to your portfolios can decrease your overall portfolio volatility.