Asia Plastic Financials
| 1337 Stock | TWD 6.88 0.16 2.27% |
Asia |
Understanding current and past Asia Plastic Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Asia Plastic's financial statements are interrelated, with each one affecting the others. For example, an increase in Asia Plastic's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Asia Plastic's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Asia Plastic Recycling. Check Asia Plastic's Beneish M Score to see the likelihood of Asia Plastic's management manipulating its earnings.
Asia Plastic Stock Summary
Asia Plastic competes with Victory New, Hunya Foods, YCC Parts, Kwong Fong, and Kaulin Mfg. Asia Plastic Recycling Holding Limited engages in the waste plastic scrap recycling business in China. Asia Plastic Recycling Holding Limited is headquartered in Jinjiang, China. ASIA PLASTIC operates under Rubber Plastics classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 923 people.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | KYG0539R1039 |
| Business Address | Jiangtou Industrial Zone, |
| Sector | Chemicals |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.asia-recycle.com |
| Phone | 86 595 8201 0739 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Asia Plastic without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Asia Stock, because this is throwing your money away. Analyzing the key information contained in Asia Plastic's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Asia Plastic Key Financial Ratios
There are many critical financial ratios that Asia Plastic's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Asia Plastic Recycling reports annually and quarterly.| Return On Equity | -0.0891 | |||
| Return On Asset | -0.0561 | |||
| Target Price | 168.0 | |||
| Number Of Employees | 15 | |||
| Beta | 0.84 |
Asia Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Asia Plastic's current stock value. Our valuation model uses many indicators to compare Asia Plastic value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Asia Plastic competition to find correlations between indicators driving Asia Plastic's intrinsic value. More Info.Asia Plastic Recycling 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 Asia Plastic's earnings, one of the primary drivers of an investment's value.Asia Plastic Recycling Systematic Risk
Asia Plastic's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Asia Plastic 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Asia Plastic Recycling correlated with the market. If Beta is less than 0 Asia Plastic generally moves in the opposite direction as compared to the market. If Asia Plastic Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Asia Plastic Recycling is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Asia Plastic is generally in the same direction as the market. If Beta > 1 Asia Plastic moves generally in the same direction as, but more than the movement of the benchmark.
Asia Plastic November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Asia Plastic help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Asia Plastic Recycling. We use our internally-developed statistical techniques to arrive at the intrinsic value of Asia Plastic Recycling based on widely used predictive technical indicators. In general, we focus on analyzing Asia Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Asia Plastic's daily price indicators and compare them against related drivers.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 7.05 | |||
| Value At Risk | (1.34) | |||
| Potential Upside | 2.28 |
Additional Tools for Asia Stock Analysis
When running Asia Plastic's price analysis, check to measure Asia Plastic'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 Asia Plastic is operating at the current time. Most of Asia Plastic's value examination focuses on studying past and present price action to predict the probability of Asia Plastic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asia Plastic's price. Additionally, you may evaluate how the addition of Asia Plastic to your portfolios can decrease your overall portfolio volatility.