Tong Hwa Synthetic Fiber Stock Beneish M Score

1418 Stock  TWD 28.30  0.15  0.53%   
This module uses fundamental data of Tong Hwa to approximate the value of its Beneish M Score. Tong Hwa 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 Tong Hwa Synthetic Fiber. 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, Tong Hwa's M Score is inapplicable. The earnings manipulation may begin if Tong Hwa'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 Tong Hwa 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 Tong Hwa'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

N/A

Focus
Asset Quality

N/A

Focus
Expense Coverage

N/A

Focus
Gross Margin Strengs

N/A

Focus
Accruals Factor

N/A

Focus
Depreciation Resistance

N/A

Focus
Net Sales Growth

N/A

Focus
Financial Leverage Condition

N/A

Focus

Did you try this?

Run Efficient Frontier Now

   

Efficient Frontier

Plot and analyze your portfolio and positions against risk-return landscape of the market.
All  Next Launch Module

About Tong Hwa Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Tong Hwa Synthetic Fiber's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tong Hwa using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tong Hwa Synthetic Fiber 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Tong Stock Analysis

When running Tong Hwa's price analysis, check to measure Tong Hwa'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 Tong Hwa is operating at the current time. Most of Tong Hwa's value examination focuses on studying past and present price action to predict the probability of Tong Hwa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tong Hwa's price. Additionally, you may evaluate how the addition of Tong Hwa to your portfolios can decrease your overall portfolio volatility.