Nien Hsing Financials

1451 Stock  TWD 20.90  0.10  0.48%   
Financial data analysis helps to check out if markets are presently mispricing Nien Hsing Textile. We are able to interpolate and break down thirty-eight available fundamentals for Nien Hsing, which can be compared to its peers in the industry. The stock experiences a normal upward fluctuation. Check odds of Nien Hsing to be traded at NT$21.95 in 90 days.
  
Understanding current and past Nien Hsing Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Nien Hsing's financial statements are interrelated, with each one affecting the others. For example, an increase in Nien Hsing's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Nien Hsing's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Nien Hsing Textile. Check Nien Hsing's Beneish M Score to see the likelihood of Nien Hsing's management manipulating its earnings.

Nien Hsing Stock Summary

Nien Hsing competes with Tainan Enterprises, De Licacy, Taiwan Styrene, Kaulin Mfg, and Tex Ray. Nien Hsing Textile Co., Ltd. manufactures and sells yarns, denim fabrics, jeans, and knitwear worldwide. The company was founded in 1986 and is headquartered in Taipei City, Taiwan. NIEN HSING is traded on Taiwan Stock Exchange in Taiwan.
InstrumentTaiwan Stock View All
ExchangeTaiwan Stock Exchange
ISINTW0001451003
Business AddressNo 306, Neihu
SectorTextiles, Apparel & Luxury Goods
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewww.nhjeans.com
Phone886 2 2656 8888
CurrencyTWD - New Taiwan Dollar
You should never invest in Nien Hsing without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Nien Stock, because this is throwing your money away. Analyzing the key information contained in Nien Hsing's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Nien Hsing Key Financial Ratios

There are many critical financial ratios that Nien Hsing's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Nien Hsing Textile reports annually and quarterly.

Nien Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Nien Hsing's current stock value. Our valuation model uses many indicators to compare Nien Hsing value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nien Hsing competition to find correlations between indicators driving Nien Hsing's intrinsic value. More Info.
Nien Hsing Textile 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 reporting about  11.76  of Return On Asset per Return On Equity. 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 Nien Hsing's earnings, one of the primary drivers of an investment's value.

Nien Hsing Textile Systematic Risk

Nien Hsing's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nien Hsing 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-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Nien Hsing Textile correlated with the market. If Beta is less than 0 Nien Hsing generally moves in the opposite direction as compared to the market. If Nien Hsing Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nien Hsing Textile is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nien Hsing is generally in the same direction as the market. If Beta > 1 Nien Hsing moves generally in the same direction as, but more than the movement of the benchmark.

Nien Hsing November 27, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Nien Hsing help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nien Hsing Textile. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nien Hsing Textile based on widely used predictive technical indicators. In general, we focus on analyzing Nien Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nien Hsing's daily price indicators and compare them against related drivers.

Additional Tools for Nien Stock Analysis

When running Nien Hsing's price analysis, check to measure Nien Hsing'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 Nien Hsing is operating at the current time. Most of Nien Hsing's value examination focuses on studying past and present price action to predict the probability of Nien Hsing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nien Hsing's price. Additionally, you may evaluate how the addition of Nien Hsing to your portfolios can decrease your overall portfolio volatility.