China Financial Statements From 2010 to 2024
1314 Stock | TWD 8.33 0.20 2.46% |
Check China Petrochemical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among China Petrochemical's main balance sheet or income statement drivers, such as , as well as many indicators such as . China financial statements analysis is a perfect complement when working with China Petrochemical Valuation or Volatility modules.
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China Petrochemical Development Company Current Valuation Analysis
China Petrochemical's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current China Petrochemical Current Valuation | 68.25 B |
Most of China Petrochemical's fundamental indicators, such as Current Valuation, 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, China Petrochemical Development is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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In accordance with the recently published financial statements, China Petrochemical Development has a Current Valuation of 68.25 B. This is much higher than that of the Chemicals sector and 121.54% higher than that of the Materials industry. The current valuation for all Taiwan stocks is significantly lower than that of the firm.
China Petrochemical Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining China Petrochemical's current stock value. Our valuation model uses many indicators to compare China Petrochemical value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across China Petrochemical competition to find correlations between indicators driving China Petrochemical's intrinsic value. More Info.China Petrochemical Development is rated fifth in return on equity category among its peers. It also is rated fifth 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 China Petrochemical's earnings, one of the primary drivers of an investment's value.About China Petrochemical Financial Statements
China Petrochemical investors use historical fundamental indicators, such as China Petrochemical's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in China Petrochemical. Please read more on our technical analysis and fundamental analysis pages.
China Petrochemical Development Corporation, together with its subsidiaries, produces and sells petrochemical intermediates and related engineering plastics, synthetic resins, chemical fiber, and other derivative products in Taiwan and internationally. The company was founded in 1969 and is headquartered in Kaohsiung City, Taiwan. CHINA PETROCHEMICAL operates under Specialty Chemicals classification in Taiwan and is traded on Taiwan Stock Exchange.
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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 China Stock Analysis
When running China Petrochemical's price analysis, check to measure China Petrochemical'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 China Petrochemical is operating at the current time. Most of China Petrochemical's value examination focuses on studying past and present price action to predict the probability of China Petrochemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Petrochemical's price. Additionally, you may evaluate how the addition of China Petrochemical to your portfolios can decrease your overall portfolio volatility.