Tong Yang Financials
| 1319 Stock | TWD 112.50 0.50 0.45% |
Tong |
Understanding current and past Tong Yang Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Tong Yang's financial statements are interrelated, with each one affecting the others. For example, an increase in Tong Yang's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Tong Yang's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Tong Yang Industry. Check Tong Yang's Beneish M Score to see the likelihood of Tong Yang's management manipulating its earnings.
Tong Yang Stock Summary
Tong Yang competes with TYC Brother, Hota Industrial, Yulon, Far Eastern, and Asia Cement. ,Ltd. manufactures and sells automobile and motorcycle components in Taiwan, China, the United States, and Europe. The company was founded in 1952 and is based in Tainan City, Taiwan. TONG YANG is traded on Taiwan Stock Exchange in Taiwan.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0001319002 |
| Business Address | No 98, Anhe |
| Sector | Auto Components |
| Industry | Consumer Discretionary |
| Benchmark | Dow Jones Industrial |
| Website | www.tyg.com.tw |
| Phone | 886 6 356 0511 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Tong Yang without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Tong Stock, because this is throwing your money away. Analyzing the key information contained in Tong Yang's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Tong Yang Key Financial Ratios
There are many critical financial ratios that Tong Yang's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Tong Yang Industry reports annually and quarterly.| Return On Equity | 0.0818 | |||
| Return On Asset | 0.0258 | |||
| Target Price | 51.0 | |||
| Number Of Employees | 30 | |||
| Beta | 0.58 |
Tong Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tong Yang's current stock value. Our valuation model uses many indicators to compare Tong Yang value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tong Yang competition to find correlations between indicators driving Tong Yang's intrinsic value. More Info.Tong Yang Industry is rated fourth in return on equity category among its peers. It is number one stock in return on asset category among its peers reporting about 0.32 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Tong Yang Industry is roughly 3.17 . 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 Yang's earnings, one of the primary drivers of an investment's value.Tong Yang Industry Systematic Risk
Tong Yang's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Tong Yang volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Tong Yang Industry correlated with the market. If Beta is less than 0 Tong Yang generally moves in the opposite direction as compared to the market. If Tong Yang Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Tong Yang Industry is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Tong Yang is generally in the same direction as the market. If Beta > 1 Tong Yang moves generally in the same direction as, but more than the movement of the benchmark.
Tong Yang February 26, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Tong Yang help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Tong Yang Industry. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tong Yang Industry based on widely used predictive technical indicators. In general, we focus on analyzing Tong Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tong Yang's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.9 | |||
| Information Ratio | 0.0227 | |||
| Maximum Drawdown | 9.19 | |||
| Value At Risk | (3.08) | |||
| Potential Upside | 3.6 |
Additional Tools for Tong Stock Analysis
When running Tong Yang's price analysis, check to measure Tong Yang'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 Tong Yang is operating at the current time. Most of Tong Yang's value examination focuses on studying past and present price action to predict the probability of Tong Yang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tong Yang's price. Additionally, you may evaluate how the addition of Tong Yang to your portfolios can decrease your overall portfolio volatility.