Honmyue Enterprise Financials

1474 Stock  TWD 12.85  0.05  0.39%   
You can make use of fundamental analysis to find out if Honmyue Enterprise is mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We are able to interpolate and break down thirty-six available reported financial drivers for Honmyue Enterprise, which can be compared to its competitors. The stock experiences a normal downward trend and little activity. Check odds of Honmyue Enterprise to be traded at NT$12.72 in 90 days.
  
Understanding current and past Honmyue Enterprise Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Honmyue Enterprise's financial statements are interrelated, with each one affecting the others. For example, an increase in Honmyue Enterprise's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Honmyue Enterprise's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Honmyue Enterprise Co. Check Honmyue Enterprise's Beneish M Score to see the likelihood of Honmyue Enterprise's management manipulating its earnings.

Honmyue Enterprise Stock Summary

Honmyue Enterprise competes with Tex Ray, Wisher Industrial, Li Peng, Tah Tong, and Taiwan Taffeta. Honmyue Enterprise Co., Ltd. operates as a fabric and textile manufacturer in Taiwan. Honmyue Enterprise Co., Ltd. was founded in 1970 and is based in Changhua County, Taiwan. HONMYUE ENTERPRISE operates under Textile Manufacturing classification in Taiwan and is traded on Taiwan Stock Exchange.
InstrumentTaiwan Stock View All
ExchangeTaiwan Stock Exchange
ISINTW0001474005
Business AddressNo 60, Gongxi
SectorTextiles, Apparel & Luxury Goods
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewww.textile-hy.com.tw
Phone886 4 799 4888
CurrencyTWD - New Taiwan Dollar
You should never invest in Honmyue Enterprise without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Honmyue Stock, because this is throwing your money away. Analyzing the key information contained in Honmyue Enterprise's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Honmyue Enterprise Key Financial Ratios

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

Honmyue Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Honmyue Enterprise's current stock value. Our valuation model uses many indicators to compare Honmyue Enterprise value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Honmyue Enterprise competition to find correlations between indicators driving Honmyue Enterprise's intrinsic value. More Info.
Honmyue Enterprise 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 reporting about  0.22  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Honmyue Enterprise Co is roughly  4.52 . 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 Honmyue Enterprise's earnings, one of the primary drivers of an investment's value.

Honmyue Enterprise Systematic Risk

Honmyue Enterprise's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Honmyue Enterprise 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Honmyue Enterprise correlated with the market. If Beta is less than 0 Honmyue Enterprise generally moves in the opposite direction as compared to the market. If Honmyue Enterprise Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Honmyue Enterprise is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Honmyue Enterprise is generally in the same direction as the market. If Beta > 1 Honmyue Enterprise moves generally in the same direction as, but more than the movement of the benchmark.

Honmyue Enterprise December 13, 2024 Opportunity Range

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

Additional Tools for Honmyue Stock Analysis

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