New Asia (Taiwan) Today
| 2516 Stock | TWD 13.35 0.05 0.38% |
Performance11 of 100
| Odds Of DistressLess than 35
|
New Asia is selling for under 13.35 as of the 29th of November 2024; that is 0.38% increase since the beginning of the trading day. The stock's lowest day price was 13.05. New Asia has about a 35 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for New Asia Construction are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of August 2024 and ending today, the 29th of November 2024. Click here to learn more.
New Asia Construction Development Corp. provides public construction services for governments in Taiwan. New Asia Construction Development Corp. is a subsidiary of Gamuda Berhad. NEW ASIA is traded on Taiwan Stock Exchange in Taiwan. The company has 226.28 M outstanding shares. More on New Asia Construction
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New Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. New Asia's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding New Asia or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman of the Board | Hongji Zou |
| Thematic Idea | Farming (View all Themes) |
| Business Concentration | Farming, Industrials, Construction & Engineering, Engineering & Construction, Industrials (View all Sectors) |
New Asia Construction (2516) is traded on Taiwan Stock Exchange in Taiwan and employs 21 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.14 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate New Asia's market, we take the total number of its shares issued and multiply it by New Asia's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. New Asia Construction operates under Construction & Engineering sector and is part of Industrials industry. The entity has 226.28 M outstanding shares.
New Asia Construction has accumulated about 1.31 B in cash with (643.06 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.78.
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Ownership AllocationNew Asia Construction maintains a total of 226.28 Million outstanding shares. New Asia Construction holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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New Asia Construction Risk Profiles
Although New Asia's alpha and beta are two of the key measurements used to evaluate New Asia's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.9854 | |||
| Semi Deviation | 1.08 | |||
| Standard Deviation | 1.42 | |||
| Variance | 2.02 |
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New Asia Corporate Directors
| Taisen Zhu | General Manager, Director | Profile | |
| DiaoTsan Lai | Independent Director | Profile | |
| Meiqing He | Director | Profile | |
| Qishan Zhang | Director | Profile |
Additional Tools for New Stock Analysis
When running New Asia's price analysis, check to measure New Asia'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 Asia is operating at the current time. Most of New Asia's value examination focuses on studying past and present price action to predict the probability of New Asia'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 Asia's price. Additionally, you may evaluate how the addition of New Asia to your portfolios can decrease your overall portfolio volatility.