Cheng Financial Statements From 2010 to 2024
| 2105 Stock | TWD 50.30 0.10 0.20% |
Check Cheng Shin financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cheng Shin's main balance sheet or income statement drivers, such as , as well as many indicators such as . Cheng financial statements analysis is a perfect complement when working with Cheng Shin Valuation or Volatility modules.
Cheng |
Cheng Shin Rubber Company Current Valuation Analysis
Cheng Shin'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 Cheng Shin Current Valuation | 135.29 B |
Most of Cheng Shin'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, Cheng Shin Rubber 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.
| Competition |
In accordance with the recently published financial statements, Cheng Shin Rubber has a Current Valuation of 135.29 B. This is much higher than that of the Auto Components sector and significantly higher than that of the Consumer Discretionary industry. The current valuation for all Taiwan stocks is significantly lower than that of the firm.
Cheng Shin Rubber Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Cheng Shin's current stock value. Our valuation model uses many indicators to compare Cheng Shin value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cheng Shin competition to find correlations between indicators driving Cheng Shin's intrinsic value. More Info.Cheng Shin Rubber is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.49 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Cheng Shin Rubber is roughly 2.05 . 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 Cheng Shin's earnings, one of the primary drivers of an investment's value.About Cheng Shin Financial Statements
Cheng Shin investors use historical fundamental indicators, such as Cheng Shin'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 Cheng Shin. Please read more on our technical analysis and fundamental analysis pages.
Co., Ltd., together with subsidiaries, processes, manufactures, and trades in bicycle tires, electrical vehicle tires, reclaimed rubbers, various rubbers and resins, and other rubber products. Co., Ltd. was founded in 1967 and is headquartered in Changhua, Taiwan. CHENG SHIN operates under Rubber Plastics classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 30909 people.
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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 Cheng Stock Analysis
When running Cheng Shin's price analysis, check to measure Cheng Shin'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 Cheng Shin is operating at the current time. Most of Cheng Shin's value examination focuses on studying past and present price action to predict the probability of Cheng Shin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cheng Shin's price. Additionally, you may evaluate how the addition of Cheng Shin to your portfolios can decrease your overall portfolio volatility.