Hocheng Corp Financials
| 1810 Stock | TWD 17.35 0.10 0.58% |
Hocheng |
Understanding current and past Hocheng Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Hocheng Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in Hocheng Corp's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Hocheng Corp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Hocheng Corp. Check Hocheng Corp's Beneish M Score to see the likelihood of Hocheng Corp's management manipulating its earnings.
Hocheng Corp Stock Summary
Hocheng Corp competes with Cheng Loong, Champion Building, Taiwan Glass, YFY, and Nankang Rubber. Hocheng Corporation, together with its subsidiaries, provides bathroom products in Taiwan and internationally. The company was founded in 1931 and is headquartered in Taipei, Taiwan. HOCHENG CORP operates under Furnishings, Fixtures Appliances classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0001810000 |
| Business Address | No 8, Xingshan |
| Sector | Building Products |
| Industry | Industrials |
| Benchmark | Dow Jones Industrial |
| Website | www.hcg.com.tw |
| Phone | 886 2 2792 5511 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Hocheng Corp without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Hocheng Stock, because this is throwing your money away. Analyzing the key information contained in Hocheng Corp's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Hocheng Corp Key Financial Ratios
There are many critical financial ratios that Hocheng Corp's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Hocheng Corp reports annually and quarterly.| Return On Equity | 0.0378 | |||
| Return On Asset | 0.0136 | |||
| Number Of Employees | 16 | |||
| Beta | 1.49 | |||
| Z Score | 4.2 |
Hocheng Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Hocheng Corp's current stock value. Our valuation model uses many indicators to compare Hocheng Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hocheng Corp competition to find correlations between indicators driving Hocheng Corp's intrinsic value. More Info.Hocheng Corp 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 0.36 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Hocheng Corp is roughly 2.78 . 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 Hocheng Corp's earnings, one of the primary drivers of an investment's value.Hocheng Corp Systematic Risk
Hocheng Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Hocheng Corp 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 output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Hocheng Corp correlated with the market. If Beta is less than 0 Hocheng Corp generally moves in the opposite direction as compared to the market. If Hocheng Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hocheng Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Hocheng Corp is generally in the same direction as the market. If Beta > 1 Hocheng Corp moves generally in the same direction as, but more than the movement of the benchmark.
Hocheng Corp December 3, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Hocheng Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Hocheng Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hocheng Corp based on widely used predictive technical indicators. In general, we focus on analyzing Hocheng Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hocheng Corp's daily price indicators and compare them against related drivers.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 8.5 | |||
| Value At Risk | (2.41) | |||
| Potential Upside | 2.31 |
Additional Tools for Hocheng Stock Analysis
When running Hocheng Corp's price analysis, check to measure Hocheng Corp'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 Hocheng Corp is operating at the current time. Most of Hocheng Corp's value examination focuses on studying past and present price action to predict the probability of Hocheng Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hocheng Corp's price. Additionally, you may evaluate how the addition of Hocheng Corp to your portfolios can decrease your overall portfolio volatility.