Yang Ming Financials
| 2609 Stock | TWD 73.20 0.70 0.97% |
Yang |
Understanding current and past Yang Ming Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Yang Ming's financial statements are interrelated, with each one affecting the others. For example, an increase in Yang Ming's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Yang Ming's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Yang Ming Marine. Check Yang Ming's Beneish M Score to see the likelihood of Yang Ming's management manipulating its earnings.
Yang Ming Stock Summary
Yang Ming competes with Evergreen Marine, Wan Hai, China Airlines, Eva Airways, and China Steel. Yang Ming Marine Transport Corporation, together with its subsidiaries, provides shipping, repair, and chartering services in Taiwan, the United States, Europe, Asia, and internationally. Yang Ming Marine Transport Corporation was founded in 1972 and is headquartered in Keelung, Taiwan. YANG MING operates under Shipping Ports classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0002609005 |
| Business Address | No 271, Ming |
| Sector | Marine |
| Industry | Industrials |
| Benchmark | Dow Jones Industrial |
| Website | www.yangming.com |
| Phone | 886 2 2455 9988 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Yang Ming without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Yang Stock, because this is throwing your money away. Analyzing the key information contained in Yang Ming's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Yang Ming Key Financial Ratios
There are many critical financial ratios that Yang Ming's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Yang Ming Marine reports annually and quarterly.Yang Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Yang Ming's current stock value. Our valuation model uses many indicators to compare Yang Ming value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Yang Ming competition to find correlations between indicators driving Yang Ming's intrinsic value. More Info.Yang Ming Marine is rated third in return on equity category among its peers. It is number one stock in return on asset category among its peers reporting about 0.47 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Yang Ming Marine is roughly 2.13 . 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 Yang Ming's earnings, one of the primary drivers of an investment's value.Yang Ming Marine Systematic Risk
Yang Ming's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Yang Ming 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 Yang Ming Marine correlated with the market. If Beta is less than 0 Yang Ming generally moves in the opposite direction as compared to the market. If Yang Ming Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Yang Ming Marine is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Yang Ming is generally in the same direction as the market. If Beta > 1 Yang Ming moves generally in the same direction as, but more than the movement of the benchmark.
Yang Ming December 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Yang Ming help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Yang Ming Marine. We use our internally-developed statistical techniques to arrive at the intrinsic value of Yang Ming Marine based on widely used predictive technical indicators. In general, we focus on analyzing Yang Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Yang Ming's daily price indicators and compare them against related drivers.
| Downside Deviation | 3.04 | |||
| Information Ratio | 0.0529 | |||
| Maximum Drawdown | 13.88 | |||
| Value At Risk | (3.41) | |||
| Potential Upside | 3.82 |
Additional Tools for Yang Stock Analysis
When running Yang Ming's price analysis, check to measure Yang Ming'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 Yang Ming is operating at the current time. Most of Yang Ming's value examination focuses on studying past and present price action to predict the probability of Yang Ming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yang Ming's price. Additionally, you may evaluate how the addition of Yang Ming to your portfolios can decrease your overall portfolio volatility.