Tungtex Financial Statements From 2010 to 2025
| TUGHF Stock | USD 0.03 0.00 0.00% |
Check Tungtex Company financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tungtex Company's main balance sheet or income statement drivers, such as , as well as many indicators such as . Tungtex financial statements analysis is a perfect complement when working with Tungtex Company Valuation or Volatility modules.
Tungtex |
Tungtex Company Limited Company Return On Equity Analysis
Tungtex Company'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 Tungtex Company Return On Equity | 0.0296 |
Most of Tungtex Company'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, Tungtex Company Limited 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, Tungtex Company Limited has a Return On Equity of 0.0296. This is 99.18% lower than that of the sector and 91.54% lower than that of the Return On Equity industry. The return on equity for all United States stocks is 109.55% lower than that of the firm.
Tungtex Limited Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tungtex Company's current stock value. Our valuation model uses many indicators to compare Tungtex Company value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tungtex Company competition to find correlations between indicators driving Tungtex Company's intrinsic value. More Info.Tungtex Company Limited 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 0.42 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Tungtex Company Limited is roughly 2.39 . 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 Tungtex Company's earnings, one of the primary drivers of an investment's value.About Tungtex Company Financial Statements
Tungtex Company stakeholders use historical fundamental indicators, such as Tungtex Company's revenue or net income, to determine how well the company is positioned to perform in the future. Although Tungtex Company investors may analyze each financial statement separately, they are all interrelated. For example, changes in Tungtex Company's assets and liabilities are reflected in the revenues and expenses on Tungtex Company's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Tungtex Company Limited. Please read more on our technical analysis and fundamental analysis pages.
Tungtex Company Limited, an investment holding company, manufactures, sells, retails, and trades in garments in North America, Asia, Europe, and internationally. The company was founded in 1977 and is based in Kwun Tong, Hong Kong. Tungtex Holding operates under Apparel Manufacturing classification in the United States and is traded on OTC Exchange. It employs 1300 people.
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Other Information on Investing in Tungtex Pink Sheet
Tungtex Company financial ratios help investors to determine whether Tungtex Pink Sheet 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 Tungtex with respect to the benefits of owning Tungtex Company security.