Ss Healthcare Holding Stock Net Income
| 4198 Stock | TWD 31.15 0.10 0.32% |
SS Healthcare Holding fundamentals help investors to digest information that contributes to SS Healthcare's financial success or failures. It also enables traders to predict the movement of 4198 Stock. The fundamental analysis module provides a way to measure SS Healthcare's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to SS Healthcare stock.
4198 |
SS Healthcare Holding Company Net Income Analysis
SS Healthcare's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current SS Healthcare Net Income | (191.49 M) |
Most of SS Healthcare's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, SS Healthcare Holding is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, SS Healthcare Holding reported net income of (191.49 Million). This is 156.11% lower than that of the Healthcare sector and 180.42% lower than that of the Medical Devices industry. The net income for all Taiwan stocks is 133.54% higher than that of the company.
4198 Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SS Healthcare's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of SS Healthcare could also be used in its relative valuation, which is a method of valuing SS Healthcare by comparing valuation metrics of similar companies.SS Healthcare is currently under evaluation in net income category among its peers.
4198 Fundamentals
| EBITDA | (177.78 M) | |||
| Net Income | (191.49 M) | |||
| Cash And Equivalents | 120.22 M | |||
| Cash Per Share | 2.83 X | |||
| Total Debt | 139.82 M | |||
| Debt To Equity | 66.80 % | |||
| Current Ratio | 3.85 X | |||
| Book Value Per Share | 4.92 X | |||
| Cash Flow From Operations | (147.41 M) | |||
| Earnings Per Share | (4.50) X | |||
| Number Of Employees | 17 | |||
| Beta | 0.48 | |||
| Market Capitalization | 219.93 M | |||
| Z Score | 0.6 |
About SS Healthcare Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SS Healthcare Holding's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SS Healthcare using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SS Healthcare Holding 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.
Pair Trading with SS Healthcare
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if SS Healthcare position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in SS Healthcare will appreciate offsetting losses from the drop in the long position's value.Moving against 4198 Stock
The ability to find closely correlated positions to SS Healthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SS Healthcare when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back SS Healthcare - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SS Healthcare Holding to buy it.
The correlation of SS Healthcare is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SS Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SS Healthcare Holding moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for SS Healthcare can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for 4198 Stock Analysis
When running SS Healthcare's price analysis, check to measure SS Healthcare'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 SS Healthcare is operating at the current time. Most of SS Healthcare's value examination focuses on studying past and present price action to predict the probability of SS Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SS Healthcare's price. Additionally, you may evaluate how the addition of SS Healthcare to your portfolios can decrease your overall portfolio volatility.