Bright Led Financials
| 3031 Stock | TWD 22.00 0.65 2.87% |
Bright |
Understanding current and past Bright Led Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Bright Led's financial statements are interrelated, with each one affecting the others. For example, an increase in Bright Led's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Bright Led's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Bright Led Electronics. Check Bright Led's Beneish M Score to see the likelihood of Bright Led's management manipulating its earnings.
Bright Led Stock Summary
Bright Led competes with Everlight Electronics, Harvatek Corp, Optotech Corp, I Chiun, and Tyntek Corp. Bright LED Electronics Corp. manufactures and sells LED products. The company was founded in 1981 and is based in New Taipei City, Taiwan. BRIGHT LED operates under Semiconductors classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0003031001 |
| Business Address | No19, Heping Road, |
| Sector | Semiconductors & Semiconductor Equipment |
| Industry | Information Technology |
| Benchmark | Dow Jones Industrial |
| Website | www.brtled.com |
| Phone | 886 2 2959 1090 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Bright Led without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Bright Stock, because this is throwing your money away. Analyzing the key information contained in Bright Led's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Bright Led Key Financial Ratios
There are many critical financial ratios that Bright Led's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Bright Led Electronics reports annually and quarterly.| Return On Equity | 0.0607 | |||
| Return On Asset | 0.0218 | |||
| Target Price | 29.0 | |||
| Number Of Employees | 14 | |||
| Beta | 0.65 |
Bright Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Bright Led's current stock value. Our valuation model uses many indicators to compare Bright Led value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Bright Led competition to find correlations between indicators driving Bright Led's intrinsic value. More Info.Bright Led Electronics 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 0.36 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Bright Led Electronics is roughly 2.78 . 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 Bright Led's earnings, one of the primary drivers of an investment's value.Bright Led Electronics Systematic Risk
Bright Led's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Bright Led 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 ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Bright Led Electronics correlated with the market. If Beta is less than 0 Bright Led generally moves in the opposite direction as compared to the market. If Bright Led Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Bright Led Electronics is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Bright Led is generally in the same direction as the market. If Beta > 1 Bright Led moves generally in the same direction as, but more than the movement of the benchmark.
Bright Led Thematic Clasifications
Bright Led Electronics is part of Electronics 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. Electronic manufacturers. Companies manufacturing electronic appliances and goods
This theme covers Electronic manufacturers. Companies manufacturing electronic appliances and goods. Get More Thematic Ideas
| Electronics | View |
Bright Led December 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Bright Led help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Bright Led Electronics. We use our internally-developed statistical techniques to arrive at the intrinsic value of Bright Led Electronics based on widely used predictive technical indicators. In general, we focus on analyzing Bright Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Bright Led's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.46 | |||
| Information Ratio | 0.0235 | |||
| Maximum Drawdown | 16.35 | |||
| Value At Risk | (3.68) | |||
| Potential Upside | 7.86 |
Additional Tools for Bright Stock Analysis
When running Bright Led's price analysis, check to measure Bright Led'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 Bright Led is operating at the current time. Most of Bright Led's value examination focuses on studying past and present price action to predict the probability of Bright Led's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bright Led's price. Additionally, you may evaluate how the addition of Bright Led to your portfolios can decrease your overall portfolio volatility.