New Palace Financials
| 8940 Stock | TWD 22.95 0.60 2.68% |
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Understanding current and past New Palace Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of New Palace's financial statements are interrelated, with each one affecting the others. For example, an increase in New Palace's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in New Palace's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of New Palace International. Check New Palace's Beneish M Score to see the likelihood of New Palace's management manipulating its earnings.
New Palace Stock Summary
New Palace competes with Shui Mu, First Hotel, Jinli Group, Super Dragon, and Kingcan Holdings. New Palace International Co., Ltd. operates restaurants under the Grande Luxe Banquet and Host Shabu brands in Taiwan and Mainland China. New Palace International Co., Ltd. was founded in 1971 and is based in Taichung, Taiwan. NEW PALACE is traded on Taiwan Stock Exchange in Taiwan.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0008940008 |
| Business Address | No 456, Hanxi |
| Sector | Hotels, Restaurants & Leisure |
| Industry | Consumer Discretionary |
| Benchmark | Dow Jones Industrial |
| Website | www.newpalace.com.tw |
| Phone | 886 4 2247 5222 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in New Palace 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 Palace's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
New Palace Key Financial Ratios
There are many critical financial ratios that New Palace's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that New Palace International reports annually and quarterly.| Return On Equity | -0.0022 | |||
| Return On Asset | -0.0195 | |||
| Target Price | 44.33 | |||
| Number Of Employees | 15 | |||
| Beta | 0.31 |
New Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining New Palace's current stock value. Our valuation model uses many indicators to compare New Palace value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across New Palace competition to find correlations between indicators driving New Palace's intrinsic value. More Info.New Palace International is rated fourth in return on equity category among its peers. It also is rated fourth 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 Palace's earnings, one of the primary drivers of an investment's value.New Palace International Systematic Risk
New Palace's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. New Palace 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 Palace International correlated with the market. If Beta is less than 0 New Palace generally moves in the opposite direction as compared to the market. If New Palace Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one New Palace International is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of New Palace is generally in the same direction as the market. If Beta > 1 New Palace moves generally in the same direction as, but more than the movement of the benchmark.
New Palace November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of New Palace help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of New Palace International. We use our internally-developed statistical techniques to arrive at the intrinsic value of New Palace International 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 Palace's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.34 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 10.2 | |||
| Value At Risk | (2.58) | |||
| Potential Upside | 1.61 |
Additional Tools for New Stock Analysis
When running New Palace's price analysis, check to measure New Palace'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 Palace is operating at the current time. Most of New Palace's value examination focuses on studying past and present price action to predict the probability of New Palace'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 Palace's price. Additionally, you may evaluate how the addition of New Palace to your portfolios can decrease your overall portfolio volatility.