Shinkong Insurance Co Stock Working Capital
| 2850 Stock | TWD 99.80 0.20 0.20% |
Shinkong Insurance Co fundamentals help investors to digest information that contributes to Shinkong Insurance's financial success or failures. It also enables traders to predict the movement of Shinkong Stock. The fundamental analysis module provides a way to measure Shinkong Insurance's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Shinkong Insurance stock.
Shinkong |
Shinkong Insurance Co Company Working Capital Analysis
Shinkong Insurance's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current Shinkong Insurance Working Capital | 14.48 B |
Most of Shinkong Insurance's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Shinkong Insurance Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
| Competition |
In accordance with the company's disclosures, Shinkong Insurance Co has a Working Capital of 14.48 B. This is 218.72% higher than that of the Insurance sector and significantly higher than that of the Financials industry. The working capital for all Taiwan stocks is significantly lower than that of the firm.
Shinkong Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Shinkong Insurance's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Shinkong Insurance could also be used in its relative valuation, which is a method of valuing Shinkong Insurance by comparing valuation metrics of similar companies.Shinkong Insurance is currently under evaluation in working capital category among its peers.
Shinkong Fundamentals
| Return On Equity | 0.14 | |||
| Return On Asset | 0.0259 | |||
| Profit Margin | 0.11 % | |||
| Operating Margin | 0.1 % | |||
| Current Valuation | 5.07 B | |||
| Shares Outstanding | 315.96 M | |||
| Shares Owned By Insiders | 33.98 % | |||
| Shares Owned By Institutions | 15.90 % | |||
| Price To Earning | 8.63 X | |||
| Price To Book | 1.05 X | |||
| Price To Sales | 0.83 X | |||
| Revenue | 18.46 B | |||
| Gross Profit | 6.57 B | |||
| EBITDA | 1.87 B | |||
| Net Income | 2.25 B | |||
| Cash And Equivalents | 16.28 B | |||
| Cash Per Share | 51.53 X | |||
| Total Debt | 20.31 M | |||
| Debt To Equity | 0.10 % | |||
| Current Ratio | 8.91 X | |||
| Book Value Per Share | 45.48 X | |||
| Cash Flow From Operations | 1.7 B | |||
| Earnings Per Share | 6.41 X | |||
| Target Price | 28.6 | |||
| Number Of Employees | 1.65 K | |||
| Beta | 0.42 | |||
| Market Capitalization | 16.21 B | |||
| Total Asset | 43.89 B | |||
| Retained Earnings | 4.75 B | |||
| Working Capital | 14.48 B | |||
| Current Asset | 16.4 B | |||
| Current Liabilities | 1.92 B | |||
| Annual Yield | 0.06 % | |||
| Five Year Return | 5.06 % | |||
| Net Asset | 43.89 B | |||
| Last Dividend Paid | 3.2 |
About Shinkong Insurance Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Shinkong Insurance Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shinkong Insurance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shinkong Insurance Co based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Shinkong Stock Analysis
When running Shinkong Insurance's price analysis, check to measure Shinkong Insurance'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 Shinkong Insurance is operating at the current time. Most of Shinkong Insurance's value examination focuses on studying past and present price action to predict the probability of Shinkong Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shinkong Insurance's price. Additionally, you may evaluate how the addition of Shinkong Insurance to your portfolios can decrease your overall portfolio volatility.