Min Aik Financials
| 3060 Stock | TWD 23.50 0.05 0.21% |
Min |
Understanding current and past Min Aik Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Min Aik's financial statements are interrelated, with each one affecting the others. For example, an increase in Min Aik's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Min Aik's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Min Aik Technology. Check Min Aik's Beneish M Score to see the likelihood of Min Aik's management manipulating its earnings.
Min Aik Stock Summary
Min Aik competes with Taiwan Semiconductor, Yang Ming, ASE Industrial, AU Optronics, and Innolux Corp. Min Aik Technology Co., Ltd. engages in hard disk drive related business in Taiwan. The company was incorporated in 1979 and is headquartered in Taoyuan, Taiwan. MIN AIK is traded on Taiwan Stock Exchange in Taiwan.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0003060000 |
| Business Address | No 492-1, Wan |
| Sector | Electronic Equipment, Instruments & Components |
| Industry | Information Technology |
| Benchmark | Dow Jones Industrial |
| Website | www.minaik.com.tw |
| Phone | 886 2 8200 1008 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Min Aik without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Min Stock, because this is throwing your money away. Analyzing the key information contained in Min Aik's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Min Aik Key Financial Ratios
There are many critical financial ratios that Min Aik's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Min Aik Technology reports annually and quarterly.| Return On Equity | 0.0564 | |||
| Return On Asset | 0.0113 | |||
| Number Of Employees | 19 | |||
| Beta | 1.08 | |||
| Z Score | 18.6 |
Min Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Min Aik's current stock value. Our valuation model uses many indicators to compare Min Aik value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Min Aik competition to find correlations between indicators driving Min Aik's intrinsic value. More Info.Min Aik Technology is rated fifth in return on equity category among its peers. It also is rated fifth in return on asset category among its peers reporting about 0.20 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Min Aik Technology is roughly 4.99 . 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 Min Aik's earnings, one of the primary drivers of an investment's value.Min Aik Technology Systematic Risk
Min Aik's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Min Aik 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 twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Min Aik Technology correlated with the market. If Beta is less than 0 Min Aik generally moves in the opposite direction as compared to the market. If Min Aik Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Min Aik Technology is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Min Aik is generally in the same direction as the market. If Beta > 1 Min Aik moves generally in the same direction as, but more than the movement of the benchmark.
Min Aik Thematic Clasifications
Min Aik Technology is part of several thematic ideas from IT to Computers. 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. Get More Thematic IdeasMin Aik December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Min Aik help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Min Aik Technology. We use our internally-developed statistical techniques to arrive at the intrinsic value of Min Aik Technology based on widely used predictive technical indicators. In general, we focus on analyzing Min Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Min Aik's daily price indicators and compare them against related drivers.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 13.22 | |||
| Value At Risk | (5.08) | |||
| Potential Upside | 4.35 |
Additional Tools for Min Stock Analysis
When running Min Aik's price analysis, check to measure Min Aik'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 Min Aik is operating at the current time. Most of Min Aik's value examination focuses on studying past and present price action to predict the probability of Min Aik's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Min Aik's price. Additionally, you may evaluate how the addition of Min Aik to your portfolios can decrease your overall portfolio volatility.