Kao Fong Machinery Stock Retained Earnings
| 4510 Stock | TWD 42.90 2.60 5.71% |
Kao Fong Machinery fundamentals help investors to digest information that contributes to Kao Fong's financial success or failures. It also enables traders to predict the movement of Kao Stock. The fundamental analysis module provides a way to measure Kao Fong'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 Kao Fong stock.
Kao |
Kao Fong Machinery Company Retained Earnings Analysis
Kao Fong's Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
More About Retained Earnings | All Equity Analysis
Retained Earnings | = | Beginning RE + Income | - | Dividends |
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
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Based on the latest financial disclosure, Kao Fong Machinery has a Retained Earnings of 0.0. This is 100.0% lower than that of the Industrials sector and 100.0% lower than that of the Diversified Industrials industry. The retained earnings for all Taiwan stocks is 100.0% higher than that of the company.
Kao Retained Earnings Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Kao Fong's direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Kao Fong could also be used in its relative valuation, which is a method of valuing Kao Fong by comparing valuation metrics of similar companies.Kao Fong is currently under evaluation in retained earnings category among its peers.
Kao Fundamentals
| Return On Equity | 0.0255 | |||
| Return On Asset | 0.0068 | |||
| Profit Margin | 0.02 % | |||
| Operating Margin | 0.03 % | |||
| Current Valuation | 2.47 B | |||
| Shares Outstanding | 108.01 M | |||
| Shares Owned By Insiders | 37.43 % | |||
| Price To Earning | 11.64 X | |||
| Price To Book | 0.57 X | |||
| Price To Sales | 0.54 X | |||
| Revenue | 1.96 B | |||
| Gross Profit | 292.76 M | |||
| EBITDA | 61.51 M | |||
| Net Income | (36.13 M) | |||
| Cash And Equivalents | 1.18 B | |||
| Cash Per Share | 10.93 X | |||
| Total Debt | 1.15 B | |||
| Debt To Equity | 104.00 % | |||
| Current Ratio | 2.08 X | |||
| Book Value Per Share | 18.46 X | |||
| Cash Flow From Operations | (4.71 M) | |||
| Earnings Per Share | 0.48 X | |||
| Number Of Employees | 17 | |||
| Beta | 0.65 | |||
| Market Capitalization | 1.12 B | |||
| Total Asset | 5.15 B | |||
| Five Year Return | 4.46 % | |||
| Net Asset | 5.15 B |
About Kao Fong Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Kao Fong Machinery's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kao Fong using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kao Fong Machinery 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.
Pair Trading with Kao Fong
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Kao Fong position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kao Fong will appreciate offsetting losses from the drop in the long position's value.Moving against Kao Stock
| 0.53 | 1590 | Airtac International | PairCorr |
| 0.53 | 2454 | MediaTek | PairCorr |
| 0.53 | 0050 | YuantaP shares Taiwan | PairCorr |
| 0.51 | 0057 | Fubon MSCI Taiwan | PairCorr |
| 0.48 | 0053 | YuantaP shares Taiwan | PairCorr |
The ability to find closely correlated positions to Kao Fong could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kao Fong when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kao Fong - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kao Fong Machinery to buy it.
The correlation of Kao Fong is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kao Fong moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kao Fong Machinery moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Kao Fong can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Kao Stock Analysis
When running Kao Fong's price analysis, check to measure Kao Fong'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 Kao Fong is operating at the current time. Most of Kao Fong's value examination focuses on studying past and present price action to predict the probability of Kao Fong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kao Fong's price. Additionally, you may evaluate how the addition of Kao Fong to your portfolios can decrease your overall portfolio volatility.