Hsing Ta Financials
| 1109 Stock | TWD 18.35 0.10 0.54% |
Hsing |
Understanding current and past Hsing Ta Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Hsing Ta's financial statements are interrelated, with each one affecting the others. For example, an increase in Hsing Ta's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Hsing Ta's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Hsing Ta Cement. Check Hsing Ta's Beneish M Score to see the likelihood of Hsing Ta's management manipulating its earnings.
Hsing Ta Stock Summary
Hsing Ta competes with Universal Cement, Chia Hsin, AGV Products, Grand Pacific, and Taiwan Styrene. Hsing Ta Cement Company Limited primarily produces and markets cement and clinker in Taiwan. It offers Portland, low-alkali, hydraulic, and dry mix cements. HSING TA is traded on Taiwan Stock Exchange in Taiwan.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0001109007 |
| Business Address | No 37, Baoqing |
| Sector | Construction Materials |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.hsingta.com.tw |
| Phone | 886 2 2381 6731 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Hsing Ta without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Hsing Stock, because this is throwing your money away. Analyzing the key information contained in Hsing Ta's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Hsing Ta Key Financial Ratios
There are many critical financial ratios that Hsing Ta's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Hsing Ta Cement reports annually and quarterly.| Return On Equity | 0.0849 | |||
| Return On Asset | 0.0671 | |||
| Number Of Employees | 20 | |||
| Beta | 0.58 | |||
| Z Score | 6.6 |
Hsing Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Hsing Ta's current stock value. Our valuation model uses many indicators to compare Hsing Ta value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hsing Ta competition to find correlations between indicators driving Hsing Ta's intrinsic value. More Info.Hsing Ta Cement is rated third in return on equity category among its peers. It is number one stock in return on asset category among its peers reporting about 0.79 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Hsing Ta Cement is roughly 1.27 . 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 Hsing Ta's earnings, one of the primary drivers of an investment's value.Hsing Ta Cement Systematic Risk
Hsing Ta's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Hsing Ta volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Hsing Ta Cement correlated with the market. If Beta is less than 0 Hsing Ta generally moves in the opposite direction as compared to the market. If Hsing Ta Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hsing Ta Cement is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Hsing Ta is generally in the same direction as the market. If Beta > 1 Hsing Ta moves generally in the same direction as, but more than the movement of the benchmark.
Hsing Ta December 14, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Hsing Ta help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Hsing Ta Cement. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hsing Ta Cement based on widely used predictive technical indicators. In general, we focus on analyzing Hsing Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hsing Ta's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.6025 | |||
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 3.02 | |||
| Value At Risk | (0.82) | |||
| Potential Upside | 0.8357 |
Additional Tools for Hsing Stock Analysis
When running Hsing Ta's price analysis, check to measure Hsing Ta'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 Hsing Ta is operating at the current time. Most of Hsing Ta's value examination focuses on studying past and present price action to predict the probability of Hsing Ta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hsing Ta's price. Additionally, you may evaluate how the addition of Hsing Ta to your portfolios can decrease your overall portfolio volatility.