Promate Electronic Financials
6189 Stock | TWD 80.00 1.00 1.23% |
Promate |
Understanding current and past Promate Electronic Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Promate Electronic's financial statements are interrelated, with each one affecting the others. For example, an increase in Promate Electronic's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Promate Electronic's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Promate Electronic Co. Check Promate Electronic's Beneish M Score to see the likelihood of Promate Electronic's management manipulating its earnings.
Promate Electronic Stock Summary
Promate Electronic competes with WPG Holdings, Topco Scientific, E Life, Lumax International, and Wah Lee. ,Ltd. operates as a franchised distributor of semi-conductor products in Taiwan and internationally. ,Ltd. was founded in 1986 and is headquartered in Taipei, Taiwan. PROMATE ELECTRONIC is traded on Taiwan Stock Exchange in Taiwan.Instrument | Taiwan Stock View All |
Exchange | Taiwan Stock Exchange |
ISIN | TW0006189004 |
Business Address | No 32, Huan |
Sector | Electronic Equipment, Instruments & Components |
Industry | Information Technology |
Benchmark | Dow Jones Industrial |
Website | www.promate.com.tw |
Phone | 886 2 2659 0303 |
Currency | TWD - New Taiwan Dollar |
You should never invest in Promate Electronic without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Promate Stock, because this is throwing your money away. Analyzing the key information contained in Promate Electronic's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Promate Electronic Key Financial Ratios
There are many critical financial ratios that Promate Electronic's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Promate Electronic reports annually and quarterly.Return On Equity | 0.19 | |||
Return On Asset | 0.0373 | |||
Number Of Employees | 24 | |||
Beta | 0.34 | |||
Z Score | 10.4 |
Promate Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Promate Electronic's current stock value. Our valuation model uses many indicators to compare Promate Electronic value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Promate Electronic competition to find correlations between indicators driving Promate Electronic's intrinsic value. More Info.Promate Electronic Co is number one stock in return on equity category among its peers. It is rated second 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 Promate Electronic Co is roughly 5.10 . 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 Promate Electronic's earnings, one of the primary drivers of an investment's value.Promate Electronic Systematic Risk
Promate Electronic's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Promate Electronic 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 with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Promate Electronic correlated with the market. If Beta is less than 0 Promate Electronic generally moves in the opposite direction as compared to the market. If Promate Electronic Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Promate Electronic is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Promate Electronic is generally in the same direction as the market. If Beta > 1 Promate Electronic moves generally in the same direction as, but more than the movement of the benchmark.
Promate Electronic December 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Promate Electronic help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Promate Electronic Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Promate Electronic Co based on widely used predictive technical indicators. In general, we focus on analyzing Promate Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Promate Electronic's daily price indicators and compare them against related drivers.
Information Ratio | (0.05) | |||
Maximum Drawdown | 6.7 | |||
Value At Risk | (2.27) | |||
Potential Upside | 2.23 |
Additional Tools for Promate Stock Analysis
When running Promate Electronic's price analysis, check to measure Promate Electronic'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 Promate Electronic is operating at the current time. Most of Promate Electronic's value examination focuses on studying past and present price action to predict the probability of Promate Electronic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Promate Electronic's price. Additionally, you may evaluate how the addition of Promate Electronic to your portfolios can decrease your overall portfolio volatility.