Shinkong Insurance Financials
| 2850 Stock | TWD 99.80 0.70 0.70% |
Shinkong |
Understanding current and past Shinkong Insurance Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Shinkong Insurance's financial statements are interrelated, with each one affecting the others. For example, an increase in Shinkong Insurance's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Shinkong Insurance's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Shinkong Insurance Co. Check Shinkong Insurance's Beneish M Score to see the likelihood of Shinkong Insurance's management manipulating its earnings.
Shinkong Insurance Stock Summary
Shinkong Insurance competes with Central Reinsurance, Huaku Development, Fubon Financial, Chailease Holding, and CTBC Financial. Shinkong Insurance Co., Ltd. engages in the insurance business in Taiwan. Shinkong Insurance Co., Ltd. was founded in 1963 and is headquartered in Taipei City, Taiwan. SHINKONG INSURANCE operates under Insurance - Property Casualty classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 1732 people.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0002850005 |
| Business Address | No15, Jianguo North |
| Sector | Insurance |
| Industry | Financials |
| Benchmark | Dow Jones Industrial |
| Website | www.skinsurance.com.tw |
| Phone | 886 2 2507 5335 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Shinkong Insurance without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Shinkong Stock, because this is throwing your money away. Analyzing the key information contained in Shinkong Insurance's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Shinkong Insurance Key Financial Ratios
There are many critical financial ratios that Shinkong Insurance's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Shinkong Insurance reports annually and quarterly.| Return On Equity | 0.14 | |||
| Return On Asset | 0.0259 | |||
| Target Price | 28.6 | |||
| Beta | 0.42 | |||
| Last Dividend Paid | 3.2 |
Shinkong Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Shinkong Insurance's current stock value. Our valuation model uses many indicators to compare Shinkong Insurance value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Shinkong Insurance competition to find correlations between indicators driving Shinkong Insurance's intrinsic value. More Info.Shinkong Insurance Co is rated second in return on equity category among its peers. It also is rated second in return on asset category among its peers reporting about 0.18 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Shinkong Insurance Co is roughly 5.44 . 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 Shinkong Insurance's earnings, one of the primary drivers of an investment's value.Shinkong Insurance Systematic Risk
Shinkong Insurance's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Shinkong Insurance 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Shinkong Insurance correlated with the market. If Beta is less than 0 Shinkong Insurance generally moves in the opposite direction as compared to the market. If Shinkong Insurance Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Shinkong Insurance is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Shinkong Insurance is generally in the same direction as the market. If Beta > 1 Shinkong Insurance moves generally in the same direction as, but more than the movement of the benchmark.
Shinkong Insurance Thematic Clasifications
Shinkong Insurance Co is part of several thematic ideas from Insurance Providers to Banks. 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 IdeasShinkong Insurance November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Shinkong Insurance help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Shinkong Insurance Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Shinkong Insurance Co based on widely used predictive technical indicators. In general, we focus on analyzing Shinkong Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Shinkong Insurance's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.34 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 6.85 | |||
| Value At Risk | (1.80) | |||
| Potential Upside | 1.82 |
Additional Tools for Shinkong Stock Analysis
When running Shinkong Insurance's price analysis, check to measure Shinkong Insurance'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 Shinkong Insurance is operating at the current time. Most of Shinkong Insurance's value examination focuses on studying past and present price action to predict the probability of Shinkong Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shinkong Insurance's price. Additionally, you may evaluate how the addition of Shinkong Insurance to your portfolios can decrease your overall portfolio volatility.