Tex Ray Financials
| 1467 Stock | TWD 10.45 0.10 0.97% |
Tex |
Understanding current and past Tex Ray Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Tex Ray's financial statements are interrelated, with each one affecting the others. For example, an increase in Tex Ray's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Tex Ray's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Tex Ray Industrial Co. Check Tex Ray's Beneish M Score to see the likelihood of Tex Ray's management manipulating its earnings.
Tex Ray Stock Summary
Tex Ray competes with Tainan Enterprises, De Licacy, Nien Hsing, Wisher Industrial, and Kwong Fong. Tex-Ray Industrial Co., Ltd. manufactures and retails yarns and fabrics. The company was founded in 1978 and is headquartered in Taipei City, Taiwan. TEX RAY operates under Apparel Manufacturing classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0001467009 |
| Business Address | No 426, Linsen |
| Sector | Textiles, Apparel & Luxury Goods |
| Industry | Consumer Discretionary |
| Benchmark | Dow Jones Industrial |
| Website | www.texray.com |
| Phone | 886 2 2521 5155 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Tex Ray without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Tex Stock, because this is throwing your money away. Analyzing the key information contained in Tex Ray's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Tex Ray Key Financial Ratios
There are many critical financial ratios that Tex Ray's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Tex Ray Industrial reports annually and quarterly.| Return On Equity | 0.0185 | |||
| Return On Asset | 0.0095 | |||
| Number Of Employees | 27 | |||
| Beta | 0.92 | |||
| Z Score | 0.6 |
Tex Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tex Ray's current stock value. Our valuation model uses many indicators to compare Tex Ray value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tex Ray competition to find correlations between indicators driving Tex Ray's intrinsic value. More Info.Tex Ray Industrial Co is rated below average in return on equity category among its peers. It is rated third in return on asset category among its peers reporting about 0.51 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Tex Ray Industrial Co is roughly 1.95 . 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 Tex Ray's earnings, one of the primary drivers of an investment's value.Tex Ray Industrial Systematic Risk
Tex Ray's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Tex Ray 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-one with a total number of output elements of fourty. The Beta measures systematic risk based on how returns on Tex Ray Industrial correlated with the market. If Beta is less than 0 Tex Ray generally moves in the opposite direction as compared to the market. If Tex Ray Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Tex Ray Industrial is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Tex Ray is generally in the same direction as the market. If Beta > 1 Tex Ray moves generally in the same direction as, but more than the movement of the benchmark.
Tex Ray Thematic Clasifications
Tex Ray Industrial Co is part of Heavy Metals 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. Industrial metals and minerals. Companies involved in mining, production, and distribution of various industrial metals and minerals
This theme covers Industrial metals and minerals. Companies involved in mining, production, and distribution of various industrial metals and minerals. Get More Thematic Ideas
| Heavy Metals | View |
Tex Ray February 17, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Tex Ray help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Tex Ray Industrial Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tex Ray Industrial Co based on widely used predictive technical indicators. In general, we focus on analyzing Tex Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tex Ray's daily price indicators and compare them against related drivers.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 6.74 | |||
| Value At Risk | (1.83) | |||
| Potential Upside | 1.44 |
Additional Tools for Tex Stock Analysis
When running Tex Ray's price analysis, check to measure Tex Ray'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 Tex Ray is operating at the current time. Most of Tex Ray's value examination focuses on studying past and present price action to predict the probability of Tex Ray's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tex Ray's price. Additionally, you may evaluate how the addition of Tex Ray to your portfolios can decrease your overall portfolio volatility.