Hsin Kao (Taiwan) Performance
| 9931 Stock | TWD 34.50 0.20 0.58% |
The company retains a Market Volatility (i.e., Beta) of 0.0463, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hsin Kao's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hsin Kao is expected to be smaller as well. At this point, Hsin Kao Gas has a negative expected return of -0.0021%. Please make sure to check out Hsin Kao's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Hsin Kao Gas performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Hsin Kao Gas has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Hsin Kao is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
| Begin Period Cash Flow | 302.3 M | |
| Total Cashflows From Investing Activities | -450.6 M |
Hsin |
Hsin Kao Relative Risk vs. Return Landscape
If you would invest 3,460 in Hsin Kao Gas on September 3, 2024 and sell it today you would lose (10.00) from holding Hsin Kao Gas or give up 0.29% of portfolio value over 90 days. Hsin Kao Gas is generating negative expected returns and assumes 0.7156% volatility on return distribution over the 90 days horizon. Simply put, 6% of stocks are less volatile than Hsin, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Hsin Kao Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hsin Kao's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Hsin Kao Gas, and traders can use it to determine the average amount a Hsin Kao's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0029
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| Negative Returns | 9931 |
Estimated Market Risk
| 0.72 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hsin Kao is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Hsin Kao by adding Hsin Kao to a well-diversified portfolio.
Hsin Kao Fundamentals Growth
Hsin Stock prices reflect investors' perceptions of the future prospects and financial health of Hsin Kao, and Hsin Kao fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Hsin Stock performance.
| Return On Equity | 0.0984 | |||
| Return On Asset | 0.0198 | |||
| Profit Margin | 0.18 % | |||
| Operating Margin | 0.13 % | |||
| Current Valuation | 4.11 B | |||
| Shares Outstanding | 110.43 M | |||
| Price To Earning | 17.07 X | |||
| Price To Book | 1.88 X | |||
| Price To Sales | 3.54 X | |||
| Revenue | 1.19 B | |||
| EBITDA | 508.71 M | |||
| Cash And Equivalents | 889.36 M | |||
| Cash Per Share | 8.70 X | |||
| Total Debt | 136 M | |||
| Debt To Equity | 2.20 % | |||
| Book Value Per Share | 20.60 X | |||
| Cash Flow From Operations | 361.78 M | |||
| Earnings Per Share | 2.04 X | |||
| Total Asset | 5.21 B | |||
| Retained Earnings | 575 M | |||
| Current Asset | 1.04 B | |||
| Current Liabilities | 1.3 B | |||
About Hsin Kao Performance
Evaluating Hsin Kao's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Hsin Kao has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Hsin Kao has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
,Ltd. supplies natural gas for domestic and commercial use in Taiwan. The company was founded in 1983 and is based in Kaohsiung, Taiwan. SHIN KAO is traded on Taiwan Stock Exchange in Taiwan.Things to note about Hsin Kao Gas performance evaluation
Checking the ongoing alerts about Hsin Kao for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Hsin Kao Gas help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Hsin Kao Gas generated a negative expected return over the last 90 days | |
| Hsin Kao Gas has accumulated 136 M in total debt with debt to equity ratio (D/E) of 2.2, implying the company greatly relies on financing operations through barrowing. Hsin Kao Gas has a current ratio of 0.86, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Hsin Kao until it has trouble settling it off, either with new capital or with free cash flow. So, Hsin Kao's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Hsin Kao Gas sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hsin to invest in growth at high rates of return. When we think about Hsin Kao's use of debt, we should always consider it together with cash and equity. | |
| About 67.0% of Hsin Kao shares are owned by insiders or employees |
- Analyzing Hsin Kao's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Hsin Kao's stock is overvalued or undervalued compared to its peers.
- Examining Hsin Kao's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Hsin Kao's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hsin Kao's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Hsin Kao's stock. These opinions can provide insight into Hsin Kao's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Hsin Stock Analysis
When running Hsin Kao's price analysis, check to measure Hsin Kao'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 Hsin Kao is operating at the current time. Most of Hsin Kao's value examination focuses on studying past and present price action to predict the probability of Hsin Kao's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hsin Kao's price. Additionally, you may evaluate how the addition of Hsin Kao to your portfolios can decrease your overall portfolio volatility.