Dongjin Financial Statements From 2010 to 2024
| 005290 Stock | KRW 21,850 700.00 3.10% |
Check Dongjin Semichem financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dongjin Semichem's main balance sheet or income statement drivers, such as , as well as many indicators such as . Dongjin financial statements analysis is a perfect complement when working with Dongjin Semichem Valuation or Volatility modules.
Dongjin |
Dongjin Semichem Co Company Current Valuation Analysis
Dongjin Semichem's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Dongjin Semichem Current Valuation | 1.67 T |
Most of Dongjin Semichem's fundamental indicators, such as Current Valuation, 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, Dongjin Semichem Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Dongjin Semichem Co has a Current Valuation of 1.67 T. This is much higher than that of the Chemicals sector and significantly higher than that of the Materials industry. The current valuation for all Republic of Korea stocks is notably lower than that of the firm.
Dongjin Semichem Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Dongjin Semichem's current stock value. Our valuation model uses many indicators to compare Dongjin Semichem value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Dongjin Semichem competition to find correlations between indicators driving Dongjin Semichem's intrinsic value. More Info.Dongjin Semichem Co is number one stock in return on equity category among its peers. It is rated second in return on asset category among its peers . The ratio of Return On Equity to Return On Asset for Dongjin Semichem Co is about 359.29 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Dongjin Semichem by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Dongjin Semichem's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Dongjin Semichem Financial Statements
Dongjin Semichem stakeholders use historical fundamental indicators, such as Dongjin Semichem's revenue or net income, to determine how well the company is positioned to perform in the future. Although Dongjin Semichem investors may analyze each financial statement separately, they are all interrelated. For example, changes in Dongjin Semichem's assets and liabilities are reflected in the revenues and expenses on Dongjin Semichem's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Dongjin Semichem Co. Please read more on our technical analysis and fundamental analysis pages.
Dongjin Semichem Co., Ltd. manufactures, sells, and exports various materials for flat panel displays, semiconductors, alternative energy sources, and foaming agents in South Korea and internationally. Dongjin Semichem Co., Ltd. was founded in 1967 and is based in Seoul, South Korea. DONGJIN is traded on Korean Securities Dealers Automated Quotations in South Korea.
Pair Trading with Dongjin Semichem
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 Dongjin Semichem 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 Dongjin Semichem will appreciate offsetting losses from the drop in the long position's value.Moving together with Dongjin Stock
| 0.62 | 051910 | LG Chemicals | PairCorr |
| 0.71 | 005490 | POSCO Holdings | PairCorr |
| 0.9 | 009830 | Hanwha Solutions | PairCorr |
| 0.74 | 004020 | Hyundai Steel | PairCorr |
Moving against Dongjin Stock
| 0.65 | 032830 | Samsung Life | PairCorr |
| 0.63 | 001430 | SeAH Bestee | PairCorr |
| 0.59 | 024110 | Industrial Bank | PairCorr |
| 0.52 | 105560 | KB Financial Group | PairCorr |
| 0.32 | 316140 | Woori Financial Group | PairCorr |
The ability to find closely correlated positions to Dongjin Semichem could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dongjin Semichem 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 Dongjin Semichem - 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 Dongjin Semichem Co to buy it.
The correlation of Dongjin Semichem 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 Dongjin Semichem moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dongjin Semichem 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 Dongjin Semichem 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.Other Information on Investing in Dongjin Stock
Dongjin Semichem financial ratios help investors to determine whether Dongjin Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Dongjin with respect to the benefits of owning Dongjin Semichem security.