New Asia Financials
| 2516 Stock | TWD 13.35 0.05 0.38% |
New |
Understanding current and past New Asia Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of New Asia's financial statements are interrelated, with each one affecting the others. For example, an increase in New Asia's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in New Asia's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of New Asia Construction. Check New Asia's Beneish M Score to see the likelihood of New Asia's management manipulating its earnings.
New Asia Stock Summary
New Asia competes with BES Engineering, Delpha Construction, Cathay Real, Da Cin, and Kuo Yang. New Asia Construction Development Corp. provides public construction services for governments in Taiwan. New Asia Construction Development Corp. is a subsidiary of Gamuda Berhad. NEW ASIA is traded on Taiwan Stock Exchange in Taiwan.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0002516002 |
| Business Address | No, 760 Bade |
| Sector | Construction & Engineering |
| Industry | Industrials |
| Benchmark | Dow Jones Industrial |
| Website | www.newasia.com.tw |
| Phone | 886 2 2528 8008 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in New Asia without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of New Stock, because this is throwing your money away. Analyzing the key information contained in New Asia's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
New Asia Key Financial Ratios
There are many critical financial ratios that New Asia's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that New Asia Construction reports annually and quarterly.| Return On Equity | -0.18 | |||
| Return On Asset | -0.0332 | |||
| Number Of Employees | 21 | |||
| Beta | 0.56 | |||
| Z Score | 1.0 |
New Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining New Asia's current stock value. Our valuation model uses many indicators to compare New Asia value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across New Asia competition to find correlations between indicators driving New Asia's intrinsic value. More Info.New Asia Construction 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 New Asia's earnings, one of the primary drivers of an investment's value.New Asia Construction Systematic Risk
New Asia's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. New Asia 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 ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on New Asia Construction correlated with the market. If Beta is less than 0 New Asia generally moves in the opposite direction as compared to the market. If New Asia Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one New Asia Construction is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of New Asia is generally in the same direction as the market. If Beta > 1 New Asia moves generally in the same direction as, but more than the movement of the benchmark.
New Asia Thematic Clasifications
New Asia Construction is part of Farming investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Farming products and equipment. Companies producing farming products and providing services for farmers
This theme covers Farming products and equipment. Companies producing farming products and providing services for farmers. Get More Thematic Ideas
| Farming | View |
New Asia November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of New Asia help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of New Asia Construction. We use our internally-developed statistical techniques to arrive at the intrinsic value of New Asia Construction based on widely used predictive technical indicators. In general, we focus on analyzing New Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build New Asia's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.51 | |||
| Information Ratio | 0.051 | |||
| Maximum Drawdown | 6.44 | |||
| Value At Risk | (1.69) | |||
| Potential Upside | 2.67 |
Additional Tools for New Stock Analysis
When running New Asia's price analysis, check to measure New Asia'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 New Asia is operating at the current time. Most of New Asia's value examination focuses on studying past and present price action to predict the probability of New Asia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Asia's price. Additionally, you may evaluate how the addition of New Asia to your portfolios can decrease your overall portfolio volatility.