Cheng Loong Financials
| 1904 Stock | TWD 20.45 0.50 2.39% |
Cheng |
Understanding current and past Cheng Loong Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Cheng Loong's financial statements are interrelated, with each one affecting the others. For example, an increase in Cheng Loong's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Cheng Loong's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Cheng Loong Corp. Check Cheng Loong's Beneish M Score to see the likelihood of Cheng Loong's management manipulating its earnings.
Cheng Loong Stock Summary
Cheng Loong competes with Tainan Spinning, Lealea Enterprise, China Petrochemical, Ruentex Development, and WiseChip Semiconductor. Cheng Loong Corporation manufactures and sells paper products in Taiwan, China, and Southeast Asia. Cheng Loong Corporation was founded in 1954 and is headquartered in New Taipei City, Taiwan. CHENG LOONG operates under Paper Paper Products classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0001904001 |
| Business Address | No 1, Min |
| Sector | Containers & Packaging |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.clc.com.tw |
| Phone | 886 2 2222 5131 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Cheng Loong without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Cheng Stock, because this is throwing your money away. Analyzing the key information contained in Cheng Loong's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Cheng Loong Key Financial Ratios
There are many critical financial ratios that Cheng Loong's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Cheng Loong Corp reports annually and quarterly.| Return On Equity | 0.11 | |||
| Return On Asset | 0.0202 | |||
| Target Price | 27.41 | |||
| Number Of Employees | 22 | |||
| Beta | 0.47 |
Cheng Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Cheng Loong's current stock value. Our valuation model uses many indicators to compare Cheng Loong value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cheng Loong competition to find correlations between indicators driving Cheng Loong's intrinsic value. More Info.Cheng Loong 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 0.18 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Cheng Loong Corp is roughly 5.58 . 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 Cheng Loong's earnings, one of the primary drivers of an investment's value.Cheng Loong Corp Systematic Risk
Cheng Loong's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Cheng Loong 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 fourty-two with a total number of output elements of nineteen. The Beta measures systematic risk based on how returns on Cheng Loong Corp correlated with the market. If Beta is less than 0 Cheng Loong generally moves in the opposite direction as compared to the market. If Cheng Loong Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cheng Loong Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cheng Loong is generally in the same direction as the market. If Beta > 1 Cheng Loong moves generally in the same direction as, but more than the movement of the benchmark.
Cheng Loong December 12, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Cheng Loong help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Cheng Loong Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cheng Loong Corp based on widely used predictive technical indicators. In general, we focus on analyzing Cheng Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cheng Loong's daily price indicators and compare them against related drivers.
| Information Ratio | (0.34) | |||
| Maximum Drawdown | 4.9 | |||
| Value At Risk | (2.33) | |||
| Potential Upside | 1.26 |
Additional Tools for Cheng Stock Analysis
When running Cheng Loong's price analysis, check to measure Cheng Loong'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 Cheng Loong is operating at the current time. Most of Cheng Loong's value examination focuses on studying past and present price action to predict the probability of Cheng Loong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cheng Loong's price. Additionally, you may evaluate how the addition of Cheng Loong to your portfolios can decrease your overall portfolio volatility.