Hong Tai Financials
| 1612 Stock | TWD 34.60 0.15 0.44% |
Hong |
Understanding current and past Hong Tai Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Hong Tai's financial statements are interrelated, with each one affecting the others. For example, an increase in Hong Tai's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Hong Tai's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Hong Tai Electric. Check Hong Tai's Beneish M Score to see the likelihood of Hong Tai's management manipulating its earnings.
Hong Tai Stock Summary
Hong Tai competes with Ta Ya, Hua Eng, Walsin Lihwa, Sampo Corp, and UPC Technology. Hong Tai Electric Industrial Co., Ltd. primarily manufactures and sells electrical wires and cables. Hong Tai Electric Industrial Co., Ltd. was founded in 1968 and is headquartered in Taipei City, Taiwan. HONG TAI operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0001612000 |
| Business Address | No 65, Dunhua |
| Sector | Electrical Equipment |
| Industry | Industrials |
| Benchmark | Dow Jones Industrial |
| Website | www.hong-tai.com.tw |
| Phone | 886 2 2701 1000 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Hong Tai without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Hong Stock, because this is throwing your money away. Analyzing the key information contained in Hong Tai's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Hong Tai Key Financial Ratios
There are many critical financial ratios that Hong Tai's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Hong Tai Electric reports annually and quarterly.| Return On Equity | 0.39 | |||
| Return On Asset | 0.0287 | |||
| Number Of Employees | 19 | |||
| Beta | 0.84 | |||
| Z Score | 15.0 |
Hong Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Hong Tai's current stock value. Our valuation model uses many indicators to compare Hong Tai value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hong Tai competition to find correlations between indicators driving Hong Tai's intrinsic value. More Info.Hong Tai Electric 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 reporting about 0.07 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Hong Tai Electric is roughly 13.75 . 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 Hong Tai's earnings, one of the primary drivers of an investment's value.Hong Tai Electric Systematic Risk
Hong Tai's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Hong Tai 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.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Hong Tai Electric correlated with the market. If Beta is less than 0 Hong Tai generally moves in the opposite direction as compared to the market. If Hong Tai Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hong Tai Electric is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Hong Tai is generally in the same direction as the market. If Beta > 1 Hong Tai moves generally in the same direction as, but more than the movement of the benchmark.
Hong Tai December 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Hong Tai help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Hong Tai Electric. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hong Tai Electric based on widely used predictive technical indicators. In general, we focus on analyzing Hong Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hong Tai's daily price indicators and compare them against related drivers.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 9.8 | |||
| Value At Risk | (2.76) | |||
| Potential Upside | 2.4 |
Additional Tools for Hong Stock Analysis
When running Hong Tai's price analysis, check to measure Hong Tai'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 Hong Tai is operating at the current time. Most of Hong Tai's value examination focuses on studying past and present price action to predict the probability of Hong Tai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hong Tai's price. Additionally, you may evaluate how the addition of Hong Tai to your portfolios can decrease your overall portfolio volatility.