Shin Financial Statements From 2010 to 2024
| 2888A Stock | TWD 35.40 0.10 0.28% |
Check Shin Kong financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shin Kong's main balance sheet or income statement drivers, such as , as well as many indicators such as . Shin financial statements analysis is a perfect complement when working with Shin Kong Valuation or Volatility modules.
Shin |
Shin Kong Financial Company Price To Earning Analysis
Shin Kong's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Shin Kong Price To Earning | 39.56 X |
Most of Shin Kong's fundamental indicators, such as Price To Earning, 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, Shin Kong Financial is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, Shin Kong Financial has a Price To Earning of 39.56 times. This is 116.41% higher than that of the Financial Services sector and significantly higher than that of the Insurance—Life industry. The price to earning for all Taiwan stocks is 37.74% lower than that of the firm.
Shin Kong Financial Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Shin Kong's current stock value. Our valuation model uses many indicators to compare Shin Kong value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Shin Kong competition to find correlations between indicators driving Shin Kong's intrinsic value. More Info.Shin Kong Financial 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 . 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 Shin Kong's earnings, one of the primary drivers of an investment's value.About Shin Kong Financial Statements
Shin Kong shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Shin Kong investors may analyze each financial statement separately, they are all interrelated. The changes in Shin Kong's assets and liabilities, for example, are also reflected in the revenues and expenses on on Shin Kong's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Shin Kong Financial Holding Co., Ltd., through its subsidiaries, provides a range of financial products and services in Taipei and internationally. Shin Kong Financial Holding Co., Ltd. was founded in 2002 and is headquartered in Taipei City, Taiwan. SHIN KONG operates under InsuranceLife classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 17255 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 Shin Stock Analysis
When running Shin Kong's price analysis, check to measure Shin Kong'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 Shin Kong is operating at the current time. Most of Shin Kong's value examination focuses on studying past and present price action to predict the probability of Shin Kong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shin Kong's price. Additionally, you may evaluate how the addition of Shin Kong to your portfolios can decrease your overall portfolio volatility.