Meiloon Industrial Financials
| 2477 Stock | TWD 31.65 0.45 1.40% |
Meiloon |
Understanding current and past Meiloon Industrial Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Meiloon Industrial's financial statements are interrelated, with each one affecting the others. For example, an increase in Meiloon Industrial's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Meiloon Industrial's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Meiloon Industrial Co. Check Meiloon Industrial's Beneish M Score to see the likelihood of Meiloon Industrial's management manipulating its earnings.
Meiloon Industrial Stock Summary
Meiloon Industrial competes with Hanpin Electron, Stark Technology, Ichia Technologies, Zinwell, and Siward Crystal. Meiloon Industrial Co., Ltd. operates as an ODMOEM manufacturer for audio systems and loudspeakers worldwide. The company was founded in 1973 and is based in Taoyuan City, Taiwan. MEILOON INDUSTRIAL operates under Consumer Electronics classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 2174 people.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0002477007 |
| Business Address | No 99, Xing-fu |
| Sector | Household Durables |
| Industry | Consumer Discretionary |
| Benchmark | Dow Jones Industrial |
| Website | www.meiloon.com.tw |
| Phone | 886 3 3261611 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Meiloon Industrial without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Meiloon Stock, because this is throwing your money away. Analyzing the key information contained in Meiloon Industrial's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Meiloon Industrial Key Financial Ratios
There are many critical financial ratios that Meiloon Industrial's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Meiloon Industrial reports annually and quarterly.| Return On Equity | 0.0259 | |||
| Return On Asset | 0.0042 | |||
| Beta | 0.38 | |||
| Z Score | 1.2 | |||
| Last Dividend Paid | 1.88 |
Meiloon Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Meiloon Industrial's current stock value. Our valuation model uses many indicators to compare Meiloon Industrial value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Meiloon Industrial competition to find correlations between indicators driving Meiloon Industrial's intrinsic value. More Info.Meiloon Industrial Co 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 0.16 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Meiloon Industrial Co is roughly 6.17 . 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 Meiloon Industrial's earnings, one of the primary drivers of an investment's value.Meiloon Industrial Systematic Risk
Meiloon Industrial's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Meiloon Industrial 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Meiloon Industrial correlated with the market. If Beta is less than 0 Meiloon Industrial generally moves in the opposite direction as compared to the market. If Meiloon Industrial Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Meiloon Industrial is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Meiloon Industrial is generally in the same direction as the market. If Beta > 1 Meiloon Industrial moves generally in the same direction as, but more than the movement of the benchmark.
Meiloon Industrial Thematic Clasifications
Meiloon Industrial Co is part of Heavy Metals 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. Industrial metals and minerals. Companies involved in mining, production, and distribution of various industrial metals and minerals
This theme covers Industrial metals and minerals. Companies involved in mining, production, and distribution of various industrial metals and minerals. Get More Thematic Ideas
| Heavy Metals | View |
Meiloon Industrial November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Meiloon Industrial help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Meiloon Industrial Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Meiloon Industrial Co based on widely used predictive technical indicators. In general, we focus on analyzing Meiloon Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Meiloon Industrial's daily price indicators and compare them against related drivers.
| Downside Deviation | 3.56 | |||
| Information Ratio | 0.0429 | |||
| Maximum Drawdown | 18.9 | |||
| Value At Risk | (5.47) | |||
| Potential Upside | 9.95 |
Additional Tools for Meiloon Stock Analysis
When running Meiloon Industrial's price analysis, check to measure Meiloon Industrial'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 Meiloon Industrial is operating at the current time. Most of Meiloon Industrial's value examination focuses on studying past and present price action to predict the probability of Meiloon Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meiloon Industrial's price. Additionally, you may evaluate how the addition of Meiloon Industrial to your portfolios can decrease your overall portfolio volatility.