Chang Type Financials
| 1541 Stock | TWD 27.50 0.05 0.18% |
Chang |
Understanding current and past Chang Type Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Chang Type's financial statements are interrelated, with each one affecting the others. For example, an increase in Chang Type's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Chang Type's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Chang Type Industrial. Check Chang Type's Beneish M Score to see the likelihood of Chang Type's management manipulating its earnings.
Chang Type Stock Summary
Chang Type competes with Taiwan Semiconductor, RDC Semiconductor, U Ming, WIN Semiconductors, and Orient Semiconductor. CHANG TYPE Industrial Co., Ltd. researches, develops, manufactures, and sells power tools in Taiwan and internationally. The company was founded in 1989 and is based in Taichung, Taiwan. CHANG TYPE operates under Diversified Industrials classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 440 people.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0001541001 |
| Business Address | No 41, Nancun |
| Sector | Household Durables |
| Industry | Consumer Discretionary |
| Benchmark | Dow Jones Industrial |
| Website | www.toty.com.tw |
| Phone | 886 4 2558 0669 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Chang Type without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Chang Stock, because this is throwing your money away. Analyzing the key information contained in Chang Type's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Chang Type Key Financial Ratios
There are many critical financial ratios that Chang Type's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Chang Type Industrial reports annually and quarterly.| Return On Equity | 0.26 | |||
| Return On Asset | 0.0285 | |||
| Number Of Employees | 503 | |||
| Beta | 0.77 | |||
| Z Score | 2.2 |
Chang Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Chang Type's current stock value. Our valuation model uses many indicators to compare Chang Type value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Chang Type competition to find correlations between indicators driving Chang Type's intrinsic value. More Info.Chang Type Industrial 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 0.11 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Chang Type Industrial is roughly 8.97 . 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 Chang Type's earnings, one of the primary drivers of an investment's value.Chang Type Industrial Systematic Risk
Chang Type's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Chang Type 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 Chang Type Industrial correlated with the market. If Beta is less than 0 Chang Type generally moves in the opposite direction as compared to the market. If Chang Type Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Chang Type Industrial is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Chang Type is generally in the same direction as the market. If Beta > 1 Chang Type moves generally in the same direction as, but more than the movement of the benchmark.
Chang Type December 11, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Chang Type help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Chang Type Industrial. We use our internally-developed statistical techniques to arrive at the intrinsic value of Chang Type Industrial based on widely used predictive technical indicators. In general, we focus on analyzing Chang Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Chang Type's daily price indicators and compare them against related drivers.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 9.59 | |||
| Value At Risk | (2.85) | |||
| Potential Upside | 1.62 |
Additional Tools for Chang Stock Analysis
When running Chang Type's price analysis, check to measure Chang Type'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 Chang Type is operating at the current time. Most of Chang Type's value examination focuses on studying past and present price action to predict the probability of Chang Type's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chang Type's price. Additionally, you may evaluate how the addition of Chang Type to your portfolios can decrease your overall portfolio volatility.