Shinkong Financial Statements From 2010 to 2024
| 2850 Stock | TWD 99.80 0.70 0.70% |
Check Shinkong Insurance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shinkong Insurance's main balance sheet or income statement drivers, such as , as well as many indicators such as . Shinkong financial statements analysis is a perfect complement when working with Shinkong Insurance Valuation or Volatility modules.
Shinkong |
Shinkong Insurance Co Company Current Valuation Analysis
Shinkong Insurance'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 Shinkong Insurance Current Valuation | 5.07 B |
Most of Shinkong Insurance'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, Shinkong Insurance Co 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, Shinkong Insurance Co has a Current Valuation of 5.07 B. This is 84.54% lower than that of the Insurance sector and 57.28% lower than that of the Financials industry. The current valuation for all Taiwan stocks is 69.47% higher than that of the company.
Shinkong Insurance Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Shinkong Insurance's current stock value. Our valuation model uses many indicators to compare Shinkong Insurance value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Shinkong Insurance competition to find correlations between indicators driving Shinkong Insurance's intrinsic value. More Info.Shinkong Insurance Co is rated second in return on equity category among its peers. It also is rated second in return on asset category among its peers reporting about 0.18 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Shinkong Insurance Co is roughly 5.44 . 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 Shinkong Insurance's earnings, one of the primary drivers of an investment's value.About Shinkong Insurance Financial Statements
Shinkong Insurance investors use historical fundamental indicators, such as Shinkong Insurance'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 Shinkong Insurance. Please read more on our technical analysis and fundamental analysis pages.
Shinkong Insurance Co., Ltd. engages in the insurance business in Taiwan. Shinkong Insurance Co., Ltd. was founded in 1963 and is headquartered in Taipei City, Taiwan. SHINKONG INSURANCE operates under Insurance - Property Casualty classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 1732 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 Shinkong Stock Analysis
When running Shinkong Insurance's price analysis, check to measure Shinkong Insurance'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 Shinkong Insurance is operating at the current time. Most of Shinkong Insurance's value examination focuses on studying past and present price action to predict the probability of Shinkong Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shinkong Insurance's price. Additionally, you may evaluate how the addition of Shinkong Insurance to your portfolios can decrease your overall portfolio volatility.