Welltend Technology Financials
| 3021 Stock | TWD 23.85 0.55 2.25% |
Welltend |
Understanding current and past Welltend Technology Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Welltend Technology's financial statements are interrelated, with each one affecting the others. For example, an increase in Welltend Technology's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Welltend Technology's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Welltend Technology Corp. Check Welltend Technology's Beneish M Score to see the likelihood of Welltend Technology's management manipulating its earnings.
Welltend Technology Stock Summary
Welltend Technology competes with Ji Haw, Chenming Mold, AOPEN, Asia Optical, and Tripod Technology. Welltend Technology Corporation produces and sells electronic components and wire connectors in Taiwan and internationally. The company was founded in 1973 and is based in Taipei City, Taiwan. WELLTEND TECHNOLOGY operates under Computer Hardware classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0003021002 |
| Business Address | No 59 Dongxing |
| Sector | Technology Hardware, Storage & Peripherals |
| Industry | Information Technology |
| Benchmark | Dow Jones Industrial |
| Website | www.welltend.com.tw |
| Phone | 886 2 8768 2688 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Welltend Technology without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Welltend Stock, because this is throwing your money away. Analyzing the key information contained in Welltend Technology's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Welltend Technology Key Financial Ratios
There are many critical financial ratios that Welltend Technology's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Welltend Technology Corp reports annually and quarterly.Welltend Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Welltend Technology's current stock value. Our valuation model uses many indicators to compare Welltend Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Welltend Technology competition to find correlations between indicators driving Welltend Technology's intrinsic value. More Info.Welltend Technology Corp is rated third in return on equity category among its peers. It is number one stock in return on asset category among its peers reporting about 0.47 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Welltend Technology Corp is roughly 2.12 . 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 Welltend Technology's earnings, one of the primary drivers of an investment's value.Welltend Technology Corp Systematic Risk
Welltend Technology's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Welltend Technology 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Welltend Technology Corp correlated with the market. If Beta is less than 0 Welltend Technology generally moves in the opposite direction as compared to the market. If Welltend Technology Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Welltend Technology Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Welltend Technology is generally in the same direction as the market. If Beta > 1 Welltend Technology moves generally in the same direction as, but more than the movement of the benchmark.
Welltend Technology January 21, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Welltend Technology help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Welltend Technology Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Welltend Technology Corp based on widely used predictive technical indicators. In general, we focus on analyzing Welltend Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Welltend Technology's daily price indicators and compare them against related drivers.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 16.24 | |||
| Value At Risk | (5.39) | |||
| Potential Upside | 4.17 |
Additional Tools for Welltend Stock Analysis
When running Welltend Technology's price analysis, check to measure Welltend Technology'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 Welltend Technology is operating at the current time. Most of Welltend Technology's value examination focuses on studying past and present price action to predict the probability of Welltend Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Welltend Technology's price. Additionally, you may evaluate how the addition of Welltend Technology to your portfolios can decrease your overall portfolio volatility.