Hsin Kuang Financials
| 2031 Stock | TWD 50.40 0.45 0.90% |
Hsin |
Understanding current and past Hsin Kuang Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Hsin Kuang's financial statements are interrelated, with each one affecting the others. For example, an increase in Hsin Kuang's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Hsin Kuang's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Hsin Kuang Steel. Check Hsin Kuang's Beneish M Score to see the likelihood of Hsin Kuang's management manipulating its earnings.
Hsin Kuang Stock Summary
Hsin Kuang competes with Chung Hung, Tung Ho, Ta Chen, Feng Hsin, and Yieh Phui. Hsin Kuang Steel Company Limited engages in the cutting, stamping, and sale of various steel products in Taiwan. Hsin Kuang Steel Company Limited was founded in 1967 and is based in New Taipei City, Taiwan. HSIN KUANG is traded on Taiwan Stock Exchange in Taiwan.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0002031002 |
| Business Address | No 97, Chongxin |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.hksteel.com.tw |
| Phone | 886 2 2978 8888 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Hsin Kuang without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Hsin Stock, because this is throwing your money away. Analyzing the key information contained in Hsin Kuang's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Hsin Kuang Key Financial Ratios
There are many critical financial ratios that Hsin Kuang's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Hsin Kuang Steel reports annually and quarterly.| Return On Equity | 0.0812 | |||
| Return On Asset | 0.0313 | |||
| Target Price | 33.0 | |||
| Number Of Employees | 21 | |||
| Beta | 1.17 |
Hsin Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Hsin Kuang's current stock value. Our valuation model uses many indicators to compare Hsin Kuang value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hsin Kuang competition to find correlations between indicators driving Hsin Kuang's intrinsic value. More Info.Hsin Kuang Steel is rated fourth in return on equity category among its peers. It also is rated fourth in return on asset category among its peers reporting about 0.39 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Hsin Kuang Steel is roughly 2.59 . 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 Hsin Kuang's earnings, one of the primary drivers of an investment's value.Hsin Kuang Steel Systematic Risk
Hsin Kuang's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Hsin Kuang 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Hsin Kuang Steel correlated with the market. If Beta is less than 0 Hsin Kuang generally moves in the opposite direction as compared to the market. If Hsin Kuang Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hsin Kuang Steel is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Hsin Kuang is generally in the same direction as the market. If Beta > 1 Hsin Kuang moves generally in the same direction as, but more than the movement of the benchmark.
Hsin Kuang Thematic Clasifications
Hsin Kuang Steel is part of Iron investing theme. 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. Steel and Iron production. Companies involved in production of steel and iron
This theme covers Steel and Iron production. Companies involved in production of steel and iron. Get More Thematic Ideas
| Iron | View |
Hsin Kuang November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Hsin Kuang help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Hsin Kuang Steel. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hsin Kuang Steel based on widely used predictive technical indicators. In general, we focus on analyzing Hsin Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hsin Kuang's daily price indicators and compare them against related drivers.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 8.1 | |||
| Value At Risk | (2.87) | |||
| Potential Upside | 1.49 |
Additional Tools for Hsin Stock Analysis
When running Hsin Kuang's price analysis, check to measure Hsin Kuang'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 Hsin Kuang is operating at the current time. Most of Hsin Kuang's value examination focuses on studying past and present price action to predict the probability of Hsin Kuang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hsin Kuang's price. Additionally, you may evaluate how the addition of Hsin Kuang to your portfolios can decrease your overall portfolio volatility.