Hua Eng Financials
| 1608 Stock | TWD 29.05 0.75 2.52% |
Hua |
Understanding current and past Hua Eng Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Hua Eng's financial statements are interrelated, with each one affecting the others. For example, an increase in Hua Eng's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Hua Eng's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Hua Eng Wire. Check Hua Eng's Beneish M Score to see the likelihood of Hua Eng's management manipulating its earnings.
Hua Eng Stock Summary
Hua Eng competes with Walsin Lihwa, Ta Ya, Hong Tai, Sampo Corp, and China Electric. Hua Eng Wire Cable Co., Ltd. manufactures and sells various cables and wires in Taiwan. Hua Eng Wire Cable Co., Ltd. was founded in 1956 and is headquartered in Kaohsiung, Taiwan. HUA ENGINEERING is traded on Taiwan Stock Exchange in Taiwan.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0001608008 |
| Business Address | No 170, Chung |
| Sector | Electrical Equipment |
| Industry | Industrials |
| Benchmark | Dow Jones Industrial |
| Website | www.hegroup.com.tw |
| Phone | 886 7 281 4161 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Hua Eng without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Hua Stock, because this is throwing your money away. Analyzing the key information contained in Hua Eng's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Hua Eng Key Financial Ratios
There are many critical financial ratios that Hua Eng's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Hua Eng Wire reports annually and quarterly.| Return On Equity | 0.028 | |||
| Return On Asset | 0.0193 | |||
| Number Of Employees | 15 | |||
| Beta | 1.03 | |||
| Z Score | 1.2 |
Hua Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Hua Eng's current stock value. Our valuation model uses many indicators to compare Hua Eng value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hua Eng competition to find correlations between indicators driving Hua Eng's intrinsic value. More Info.Hua Eng Wire is rated below average in return on equity category among its peers. It is rated fourth in return on asset category among its peers reporting about 0.69 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Hua Eng Wire is roughly 1.45 . 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 Hua Eng's earnings, one of the primary drivers of an investment's value.Hua Eng Wire Systematic Risk
Hua Eng's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Hua Eng 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 Hua Eng Wire correlated with the market. If Beta is less than 0 Hua Eng generally moves in the opposite direction as compared to the market. If Hua Eng Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hua Eng Wire is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Hua Eng is generally in the same direction as the market. If Beta > 1 Hua Eng moves generally in the same direction as, but more than the movement of the benchmark.
Hua Eng November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Hua Eng help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Hua Eng Wire. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hua Eng Wire based on widely used predictive technical indicators. In general, we focus on analyzing Hua Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hua Eng's daily price indicators and compare them against related drivers.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 7.0 | |||
| Value At Risk | (2.53) | |||
| Potential Upside | 2.03 |
Additional Tools for Hua Stock Analysis
When running Hua Eng's price analysis, check to measure Hua Eng'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 Hua Eng is operating at the current time. Most of Hua Eng's value examination focuses on studying past and present price action to predict the probability of Hua Eng's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hua Eng's price. Additionally, you may evaluate how the addition of Hua Eng to your portfolios can decrease your overall portfolio volatility.