Tong Financial Statements From 2010 to 2024
| TH Stock | THB 0.70 0.01 1.45% |
Check Tong Hua financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tong Hua's main balance sheet or income statement drivers, such as , as well as many indicators such as . Tong financial statements analysis is a perfect complement when working with Tong Hua Valuation or Volatility modules.
Tong |
Tong Hua Holding Company Return On Equity Analysis
Tong Hua's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Tong Hua Return On Equity | 0.17 |
Most of Tong Hua's fundamental indicators, such as Return On Equity, 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, Tong Hua Holding is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Tong Hua Holding has a Return On Equity of 0.1746. This is 87.96% lower than that of the Media sector and significantly higher than that of the Communication Services industry. The return on equity for all Thailand stocks is 156.32% lower than that of the firm.
Tong Hua Holding Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tong Hua's current stock value. Our valuation model uses many indicators to compare Tong Hua value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tong Hua competition to find correlations between indicators driving Tong Hua's intrinsic value. More Info.Tong Hua Holding is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.70 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Tong Hua Holding is roughly 1.43 . 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 Tong Hua's earnings, one of the primary drivers of an investment's value.About Tong Hua Financial Statements
Tong Hua investors utilize fundamental indicators, such as revenue or net income, to predict how Tong Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Tong Hua Holding Public Company Limited, through its subsidiaries, produces and distributes newspapers in Thailand. Tong Hua Holding Public Company Limited was founded in 1960 and is headquartered in Bangkok, Thailand. TONG HUA operates under Financial Conglomerates classification in Thailand and is traded on Stock Exchange of Thailand.
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Tong Hua financial ratios help investors to determine whether Tong Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tong with respect to the benefits of owning Tong Hua security.