Her Financial Statements From 2010 to 2024
| 8937 Stock | TWD 140.00 5.00 3.45% |
Check Her Chee financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Her Chee's main balance sheet or income statement drivers, such as , as well as many indicators such as . Her financial statements analysis is a perfect complement when working with Her Chee Valuation or Volatility modules.
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Her Chee Industrial Company Current Valuation Analysis
Her Chee'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 Her Chee Current Valuation | 983.78 M |
Most of Her Chee'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, Her Chee Industrial 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, Her Chee Industrial has a Current Valuation of 983.78 M. This is 94.56% lower than that of the Consumer Cyclical sector and 70.1% lower than that of the Recreational Vehicles industry. The current valuation for all Taiwan stocks is 94.08% higher than that of the company.
Her Chee Industrial Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Her Chee's current stock value. Our valuation model uses many indicators to compare Her Chee value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Her Chee competition to find correlations between indicators driving Her Chee's intrinsic value. More Info.Her Chee Industrial is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Her Chee's earnings, one of the primary drivers of an investment's value.About Her Chee Financial Statements
Her Chee investors use historical fundamental indicators, such as Her Chee's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Her Chee. Please read more on our technical analysis and fundamental analysis pages.
Her Chee Industrial Co., Ltd. manufactures and sells vehicles under the ADLY moto brand name in Taiwan. The company was founded in 1978 and is based in Chiayi, Taiwan. HER CHEE operates under Recreational Vehicles classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 87 people.
Pair Trading with Her Chee
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 Her Chee 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 Her Chee will appreciate offsetting losses from the drop in the long position's value.Moving against Her Stock
| 0.88 | 1526 | Sun Race Sturmey | PairCorr |
| 0.64 | 9110 | Vietnam Manufacturing and | PairCorr |
| 0.58 | 2884 | ESUN Financial Holding | PairCorr |
| 0.53 | 0051 | YuantaP shares Taiwan | PairCorr |
The ability to find closely correlated positions to Her Chee could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Her Chee 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 Her Chee - 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 Her Chee Industrial to buy it.
The correlation of Her Chee 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 Her Chee moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Her Chee Industrial 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 Her Chee 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 Her Stock Analysis
When running Her Chee's price analysis, check to measure Her Chee'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 Her Chee is operating at the current time. Most of Her Chee's value examination focuses on studying past and present price action to predict the probability of Her Chee's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Her Chee's price. Additionally, you may evaluate how the addition of Her Chee to your portfolios can decrease your overall portfolio volatility.