Shiny Chemical Financials
| 1773 Stock | TWD 170.00 0.50 0.29% |
Shiny |
Understanding current and past Shiny Chemical Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Shiny Chemical's financial statements are interrelated, with each one affecting the others. For example, an increase in Shiny Chemical's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Shiny Chemical's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Shiny Chemical Industrial. Check Shiny Chemical's Beneish M Score to see the likelihood of Shiny Chemical's management manipulating its earnings.
Shiny Chemical Stock Summary
Shiny Chemical competes with China Man, USI Corp, China Petrochemical, and Yulon. Shiny Chemical Industrial Company Limited manufactures and sells electronic and industrial solvents in Taiwan. The company was founded in 1979 and is based in Kaohsiung, Taiwan. SHINY CHEMICAL operates under Chemicals classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0001773000 |
| Business Address | No5, Yeong Gong |
| Sector | Chemicals |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.shinychem.com.tw |
| Phone | 886 7 861 9171 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Shiny Chemical without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Shiny Stock, because this is throwing your money away. Analyzing the key information contained in Shiny Chemical's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Shiny Chemical Key Financial Ratios
There are many critical financial ratios that Shiny Chemical's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Shiny Chemical Industrial reports annually and quarterly.Shiny Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Shiny Chemical's current stock value. Our valuation model uses many indicators to compare Shiny Chemical value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Shiny Chemical competition to find correlations between indicators driving Shiny Chemical's intrinsic value. More Info.Shiny Chemical 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 0.44 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Shiny Chemical Industrial is roughly 2.25 . 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 Shiny Chemical's earnings, one of the primary drivers of an investment's value.Shiny Chemical Industrial Systematic Risk
Shiny Chemical's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Shiny Chemical 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 four with a total number of output elements of fifty-seven. The Beta measures systematic risk based on how returns on Shiny Chemical Industrial correlated with the market. If Beta is less than 0 Shiny Chemical generally moves in the opposite direction as compared to the market. If Shiny Chemical Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Shiny Chemical Industrial is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Shiny Chemical is generally in the same direction as the market. If Beta > 1 Shiny Chemical moves generally in the same direction as, but more than the movement of the benchmark.
Shiny Chemical Thematic Clasifications
Shiny Chemical Industrial is part of several thematic ideas from Heavy Metals to Synthetics. 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. Get More Thematic IdeasShiny Chemical November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Shiny Chemical help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Shiny Chemical Industrial. We use our internally-developed statistical techniques to arrive at the intrinsic value of Shiny Chemical Industrial based on widely used predictive technical indicators. In general, we focus on analyzing Shiny Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Shiny Chemical's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.16 | |||
| Information Ratio | 0.035 | |||
| Maximum Drawdown | 11.02 | |||
| Value At Risk | (2.81) | |||
| Potential Upside | 3.92 |
Additional Tools for Shiny Stock Analysis
When running Shiny Chemical's price analysis, check to measure Shiny Chemical'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 Shiny Chemical is operating at the current time. Most of Shiny Chemical's value examination focuses on studying past and present price action to predict the probability of Shiny Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shiny Chemical's price. Additionally, you may evaluate how the addition of Shiny Chemical to your portfolios can decrease your overall portfolio volatility.