Silitech Technology Net Income vs. Revenue
| 3311 Stock | TWD 36.10 0.40 1.10% |
For Silitech Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Silitech Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Silitech Technology Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Silitech Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Silitech Technology Corp over time as well as its relative position and ranking within its peers.
Silitech |
Silitech Technology Corp Revenue vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Silitech Technology's current stock value. Our valuation model uses many indicators to compare Silitech Technology value to that of its competitors to determine the firm's financial worth. Silitech Technology Corp is rated below average in net income category among its peers. It also is rated below average in revenue category among its peers totaling about 29.37 of Revenue per Net Income. 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 Silitech Technology's earnings, one of the primary drivers of an investment's value.Silitech Revenue vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Silitech Technology |
| = | 61.83 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Silitech Technology |
| = | 1.82 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Silitech Revenue vs Competition
Silitech Technology Corp is rated below average in revenue category among its peers. Market size based on revenue of Information Technology industry is presently estimated at about 130.13 Billion. Silitech Technology claims roughly 1.82 Billion in revenue contributing just under 2% to equities under Information Technology industry.
Silitech Technology Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Silitech Technology, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Silitech Technology will eventually generate negative long term returns. The profitability progress is the general direction of Silitech Technology's change in net profit over the period of time. It can combine multiple indicators of Silitech Technology, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Silitech Technology Corporation engages in the manufacture and sale of modules and rubber products in China, Malaysia, Taiwan, the United States, India, and internationally. Silitech Technology Corporation was founded in 2001 and is headquartered in New Taipei City, Taiwan. SILITECH TECHNOLOGY operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.
Silitech Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Silitech Technology. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Silitech Technology position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Silitech Technology's important profitability drivers and their relationship over time.
Use Silitech Technology in pair-trading
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 Silitech Technology 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 Silitech Technology will appreciate offsetting losses from the drop in the long position's value.Silitech Technology Pair Trading
Silitech Technology Corp Pair Trading Analysis
The ability to find closely correlated positions to Silitech Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Silitech Technology 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 Silitech Technology - 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 Silitech Technology Corp to buy it.
The correlation of Silitech Technology 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 Silitech Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Silitech Technology Corp 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 Silitech Technology 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.Use Investing Themes to Complement your Silitech Technology position
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Additional Tools for Silitech Stock Analysis
When running Silitech Technology's price analysis, check to measure Silitech Technology'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 Silitech Technology is operating at the current time. Most of Silitech Technology's value examination focuses on studying past and present price action to predict the probability of Silitech Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Silitech Technology's price. Additionally, you may evaluate how the addition of Silitech Technology to your portfolios can decrease your overall portfolio volatility.