Prime Oil Financials
| 2904 Stock | TWD 18.10 0.05 0.28% |
Prime |
Understanding current and past Prime Oil Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Prime Oil's financial statements are interrelated, with each one affecting the others. For example, an increase in Prime Oil's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Prime Oil's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Prime Oil Chemical. Check Prime Oil's Beneish M Score to see the likelihood of Prime Oil's management manipulating its earnings.
Prime Oil Stock Summary
Prime Oil competes with President Chain, Huaku Development, Formosa International, Mercuries Associates, and Taiwan Fu. Prime Oil Chemical Service Corporation operates as an oil and petrochemical storage and transshipping company in Taiwan. Prime Oil Chemical Service Corporation was founded in 1978 and is headquartered in Taipei City, Taiwan. PAN OVERSEAS operates under Oil Gas Equipment Services classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0002904000 |
| Business Address | No 131, Minsheng |
| Sector | Oil, Gas & Consumable Fuels |
| Industry | Energy |
| Benchmark | Dow Jones Industrial |
| Website | www.pocs.com.tw |
| Phone | 886 2 2717 4347 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Prime Oil without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Prime Stock, because this is throwing your money away. Analyzing the key information contained in Prime Oil's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Prime Oil Key Financial Ratios
There are many critical financial ratios that Prime Oil's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Prime Oil Chemical reports annually and quarterly.| Return On Equity | 0.0898 | |||
| Return On Asset | 0.0248 | |||
| Number Of Employees | 16 | |||
| Beta | 0.43 | |||
| Z Score | 3.0 |
Prime Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Prime Oil's current stock value. Our valuation model uses many indicators to compare Prime Oil value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Prime Oil competition to find correlations between indicators driving Prime Oil's intrinsic value. More Info.Prime Oil Chemical 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 0.28 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Prime Oil Chemical is roughly 3.62 . 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 Prime Oil's earnings, one of the primary drivers of an investment's value.Prime Oil Chemical Systematic Risk
Prime Oil's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Prime Oil 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 twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Prime Oil Chemical correlated with the market. If Beta is less than 0 Prime Oil generally moves in the opposite direction as compared to the market. If Prime Oil Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Prime Oil Chemical is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Prime Oil is generally in the same direction as the market. If Beta > 1 Prime Oil moves generally in the same direction as, but more than the movement of the benchmark.
Prime Oil Thematic Clasifications
Prime Oil Chemical is part of Synthetics 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. Synthetics production and silicon. Companies involved in production of silicon and other synthetic products
This theme covers Synthetics production and silicon. Companies involved in production of silicon and other synthetic products . Get More Thematic Ideas
| Synthetics | View |
Prime Oil November 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Prime Oil help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Prime Oil Chemical. We use our internally-developed statistical techniques to arrive at the intrinsic value of Prime Oil Chemical based on widely used predictive technical indicators. In general, we focus on analyzing Prime Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Prime Oil's daily price indicators and compare them against related drivers.
| Information Ratio | (0.34) | |||
| Maximum Drawdown | 2.96 | |||
| Value At Risk | (0.82) | |||
| Potential Upside | 0.554 |
Additional Tools for Prime Stock Analysis
When running Prime Oil's price analysis, check to measure Prime Oil'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 Prime Oil is operating at the current time. Most of Prime Oil's value examination focuses on studying past and present price action to predict the probability of Prime Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prime Oil's price. Additionally, you may evaluate how the addition of Prime Oil to your portfolios can decrease your overall portfolio volatility.