Ruentex Engineering Financials
2597 Stock | TWD 143.00 0.50 0.35% |
Ruentex |
Understanding current and past Ruentex Engineering Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ruentex Engineering's financial statements are interrelated, with each one affecting the others. For example, an increase in Ruentex Engineering's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Ruentex Engineering's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ruentex Engineering Construction. Check Ruentex Engineering's Beneish M Score to see the likelihood of Ruentex Engineering's management manipulating its earnings.
Ruentex Engineering Stock Summary
Ruentex Engineering competes with BES Engineering, Continental Holdings, Kee Tai, and Hung Sheng. Ruentex Engineering Construction Co., Ltd. engages in the civil and architectural construction contracting business in Taiwan and internationally. The company was founded in 1975 and is headquartered in Taipei, Taiwan. RUENTEX ENGINEERING operates under Engineering Construction classification in Taiwan and is traded on Taiwan Stock Exchange.Instrument | Taiwan Stock View All |
Exchange | Taiwan Stock Exchange |
ISIN | TW0002597002 |
Business Address | No308, Bade Road, |
Sector | Construction & Engineering |
Industry | Industrials |
Benchmark | Dow Jones Industrial |
Website | www.rtc.com.tw |
Phone | 886 2 8161 9999 |
Currency | TWD - New Taiwan Dollar |
You should never invest in Ruentex Engineering without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Ruentex Stock, because this is throwing your money away. Analyzing the key information contained in Ruentex Engineering's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Ruentex Engineering Key Financial Ratios
There are many critical financial ratios that Ruentex Engineering's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Ruentex Engineering reports annually and quarterly.Ruentex Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ruentex Engineering's current stock value. Our valuation model uses many indicators to compare Ruentex Engineering value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ruentex Engineering competition to find correlations between indicators driving Ruentex Engineering's intrinsic value. More Info.Ruentex Engineering 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 reporting about 0.29 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Ruentex Engineering Construction is roughly 3.46 . 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 Ruentex Engineering's earnings, one of the primary drivers of an investment's value.Ruentex Engineering Systematic Risk
Ruentex Engineering's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ruentex Engineering 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 Ruentex Engineering correlated with the market. If Beta is less than 0 Ruentex Engineering generally moves in the opposite direction as compared to the market. If Ruentex Engineering Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ruentex Engineering is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ruentex Engineering is generally in the same direction as the market. If Beta > 1 Ruentex Engineering moves generally in the same direction as, but more than the movement of the benchmark.
Ruentex Engineering Thematic Clasifications
Ruentex Engineering 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 |
Ruentex Engineering December 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Ruentex Engineering help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ruentex Engineering Construction. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ruentex Engineering Construction based on widely used predictive technical indicators. In general, we focus on analyzing Ruentex Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ruentex Engineering's daily price indicators and compare them against related drivers.
Information Ratio | (0.13) | |||
Maximum Drawdown | 7.37 | |||
Value At Risk | (3.05) | |||
Potential Upside | 2.76 |
Additional Tools for Ruentex Stock Analysis
When running Ruentex Engineering's price analysis, check to measure Ruentex Engineering'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 Ruentex Engineering is operating at the current time. Most of Ruentex Engineering's value examination focuses on studying past and present price action to predict the probability of Ruentex Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ruentex Engineering's price. Additionally, you may evaluate how the addition of Ruentex Engineering to your portfolios can decrease your overall portfolio volatility.