Kung Long Financials
| 1537 Stock | TWD 152.50 1.50 0.99% |
Kung |
Understanding current and past Kung Long Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Kung Long's financial statements are interrelated, with each one affecting the others. For example, an increase in Kung Long's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Kung Long's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Kung Long Batteries. Check Kung Long's Beneish M Score to see the likelihood of Kung Long's management manipulating its earnings.
Kung Long Stock Summary
Kung Long competes with Sunny Friend, TTET Union, ECOVE Environment, and Yulon Finance. Kung Long Batteries Industrial Co., Ltd. manufactures and sells lead-acid batteries in Taiwan. The company was founded in 1990 and is headquartered in Nantou City, Taiwan. KUNG LONG operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 4175 people.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0001537009 |
| Business Address | No 6, Tzu-Li |
| Sector | Electrical Equipment |
| Industry | Industrials |
| Benchmark | Dow Jones Industrial |
| Website | www.klb.com.tw |
| Phone | 886 4 9225 4777 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Kung Long without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Kung Stock, because this is throwing your money away. Analyzing the key information contained in Kung Long's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Kung Long Key Financial Ratios
There are many critical financial ratios that Kung Long's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Kung Long Batteries reports annually and quarterly.Kung Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Kung Long's current stock value. Our valuation model uses many indicators to compare Kung Long value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Kung Long competition to find correlations between indicators driving Kung Long's intrinsic value. More Info.Kung Long Batteries 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 0.47 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Kung Long Batteries is roughly 2.12 . 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 Kung Long's earnings, one of the primary drivers of an investment's value.Kung Long Batteries Systematic Risk
Kung Long's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Kung Long 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Kung Long Batteries correlated with the market. If Beta is less than 0 Kung Long generally moves in the opposite direction as compared to the market. If Kung Long Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Kung Long Batteries is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Kung Long is generally in the same direction as the market. If Beta > 1 Kung Long moves generally in the same direction as, but more than the movement of the benchmark.
Kung Long November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Kung Long help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Kung Long Batteries. We use our internally-developed statistical techniques to arrive at the intrinsic value of Kung Long Batteries based on widely used predictive technical indicators. In general, we focus on analyzing Kung Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Kung Long's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.29 | |||
| Information Ratio | 0.0138 | |||
| Maximum Drawdown | 8.19 | |||
| Value At Risk | (1.36) | |||
| Potential Upside | 2.97 |
Additional Tools for Kung Stock Analysis
When running Kung Long's price analysis, check to measure Kung Long'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 Kung Long is operating at the current time. Most of Kung Long's value examination focuses on studying past and present price action to predict the probability of Kung Long's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kung Long's price. Additionally, you may evaluate how the addition of Kung Long to your portfolios can decrease your overall portfolio volatility.