Taiwan Glass Financials
1802 Stock | TWD 19.95 0.75 3.62% |
Taiwan |
Understanding current and past Taiwan Glass Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Taiwan Glass' financial statements are interrelated, with each one affecting the others. For example, an increase in Taiwan Glass' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Taiwan Glass' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Taiwan Glass Ind. Check Taiwan Glass' Beneish M Score to see the likelihood of Taiwan Glass' management manipulating its earnings.
Taiwan Glass Stock Summary
Taiwan Glass competes with Yulon, Far Eastern, China Steel, Chang Hwa, and Oriental Union. The companys products consist of flat glass, including float glass and processed glass auto glass photoelectric glass, such as photovoltaic glass and concentrating solar power mirrors and fiber glass comprising glass fiber and glass fabrics. Corp. was founded in 1964 and is based in Taipei City, Taiwan. TAIWAN GLASS is traded on Taiwan Stock Exchange in Taiwan.Instrument | Taiwan Stock View All |
Exchange | Taiwan Stock Exchange |
ISIN | TW0001802007 |
Business Address | No 261, Taiwan |
Sector | Building Products |
Industry | Industrials |
Benchmark | Dow Jones Industrial |
Website | www.taiwanglass.com |
Phone | 886 2 2713 0333 |
Currency | TWD - New Taiwan Dollar |
You should never invest in Taiwan Glass without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Taiwan Stock, because this is throwing your money away. Analyzing the key information contained in Taiwan Glass' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Taiwan Glass Key Financial Ratios
There are many critical financial ratios that Taiwan Glass' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Taiwan Glass Ind reports annually and quarterly.Return On Equity | 0.0699 | |||
Return On Asset | 0.0152 | |||
Target Price | 33.0 | |||
Number Of Employees | 37 | |||
Beta | 1.28 |
Taiwan Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Taiwan Glass's current stock value. Our valuation model uses many indicators to compare Taiwan Glass value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Taiwan Glass competition to find correlations between indicators driving Taiwan Glass's intrinsic value. More Info.Taiwan Glass Ind 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 0.22 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Taiwan Glass Ind is roughly 4.60 . 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 Taiwan Glass' earnings, one of the primary drivers of an investment's value.Taiwan Glass Ind Systematic Risk
Taiwan Glass' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Taiwan Glass 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 Taiwan Glass Ind correlated with the market. If Beta is less than 0 Taiwan Glass generally moves in the opposite direction as compared to the market. If Taiwan Glass Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Taiwan Glass Ind is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Taiwan Glass is generally in the same direction as the market. If Beta > 1 Taiwan Glass moves generally in the same direction as, but more than the movement of the benchmark.
Taiwan Glass November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Taiwan Glass help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Taiwan Glass Ind. We use our internally-developed statistical techniques to arrive at the intrinsic value of Taiwan Glass Ind based on widely used predictive technical indicators. In general, we focus on analyzing Taiwan Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Taiwan Glass's daily price indicators and compare them against related drivers.
Downside Deviation | 2.03 | |||
Information Ratio | 0.1096 | |||
Maximum Drawdown | 14.92 | |||
Value At Risk | (2.90) | |||
Potential Upside | 6.72 |
Additional Tools for Taiwan Stock Analysis
When running Taiwan Glass' price analysis, check to measure Taiwan Glass' 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 Taiwan Glass is operating at the current time. Most of Taiwan Glass' value examination focuses on studying past and present price action to predict the probability of Taiwan Glass' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taiwan Glass' price. Additionally, you may evaluate how the addition of Taiwan Glass to your portfolios can decrease your overall portfolio volatility.