Ocean Plastics Financials
| 1321 Stock | TWD 32.95 0.05 0.15% |
Ocean |
Understanding current and past Ocean Plastics Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ocean Plastics' financial statements are interrelated, with each one affecting the others. For example, an increase in Ocean Plastics' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Ocean Plastics' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ocean Plastics Co. Check Ocean Plastics' Beneish M Score to see the likelihood of Ocean Plastics' management manipulating its earnings.
Ocean Plastics Stock Summary
Ocean Plastics competes with Basso Industry, Chung Hsin, TYC Brother, TECO Electric, and China General. Ocean Plastics Co., Ltd. manufactures and sells PVC rigid pipes and sheets primarily in Taiwan. Ocean Plastics Co., Ltd. was founded in 1965 and is based in Taipei City, Taiwan. OCEAN PLASTICS operates under Rubber Plastics classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0001321008 |
| Business Address | No310, Juguang Road, |
| Sector | Chemicals |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.opc.com.tw |
| Phone | 886 2 2306 2131 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Ocean Plastics without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Ocean Stock, because this is throwing your money away. Analyzing the key information contained in Ocean Plastics' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Ocean Plastics Key Financial Ratios
There are many critical financial ratios that Ocean Plastics' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Ocean Plastics reports annually and quarterly.| Return On Equity | 0.0094 | |||
| Return On Asset | -0.0054 | |||
| Target Price | 2.83 | |||
| Number Of Employees | 17 | |||
| Beta | 0.6 |
Ocean Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ocean Plastics's current stock value. Our valuation model uses many indicators to compare Ocean Plastics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ocean Plastics competition to find correlations between indicators driving Ocean Plastics's intrinsic value. More Info.Ocean Plastics 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 . 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 Ocean Plastics' earnings, one of the primary drivers of an investment's value.Ocean Plastics Systematic Risk
Ocean Plastics' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ocean Plastics 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 ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Ocean Plastics correlated with the market. If Beta is less than 0 Ocean Plastics generally moves in the opposite direction as compared to the market. If Ocean Plastics Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ocean Plastics is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ocean Plastics is generally in the same direction as the market. If Beta > 1 Ocean Plastics moves generally in the same direction as, but more than the movement of the benchmark.
Ocean Plastics Thematic Clasifications
Ocean Plastics Co is part of Plastics investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Rubber and plastics accessories. Companies manufacturing rubber and plastics accessories
This theme covers Rubber and plastics accessories. Companies manufacturing rubber and plastics accessories. Get More Thematic Ideas
| Plastics | View |
Ocean Plastics November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Ocean Plastics help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ocean Plastics Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ocean Plastics Co based on widely used predictive technical indicators. In general, we focus on analyzing Ocean Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ocean Plastics's daily price indicators and compare them against related drivers.
| Information Ratio | (0.37) | |||
| Maximum Drawdown | 6.75 | |||
| Value At Risk | (1.79) | |||
| Potential Upside | 1.44 |
Additional Tools for Ocean Stock Analysis
When running Ocean Plastics' price analysis, check to measure Ocean Plastics' 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 Ocean Plastics is operating at the current time. Most of Ocean Plastics' value examination focuses on studying past and present price action to predict the probability of Ocean Plastics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ocean Plastics' price. Additionally, you may evaluate how the addition of Ocean Plastics to your portfolios can decrease your overall portfolio volatility.