Shenmao Technology Financials
| 3305 Stock | TWD 63.50 0.10 0.16% |
Shenmao |
Understanding current and past Shenmao Technology Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Shenmao Technology's financial statements are interrelated, with each one affecting the others. For example, an increase in Shenmao Technology's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Shenmao Technology's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Shenmao Technology. Check Shenmao Technology's Beneish M Score to see the likelihood of Shenmao Technology's management manipulating its earnings.
Shenmao Technology Stock Summary
Shenmao Technology competes with BES Engineering, Continental Holdings, Kee Tai, and Hung Sheng. Shenmao Technology Inc. manufactures and sells solder materials for the electronic industry worldwide. Shenmao Technology Inc. was founded in 1973 and is headquartered in Taoyuan, Taiwan. SHENMAO TECHNOLOGY operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0003305009 |
| Business Address | NO 12-1 Gongye |
| Sector | Machinery |
| Industry | Industrials |
| Benchmark | Dow Jones Industrial |
| Website | www.shenmao.com |
| Phone | 886 3 416 0177 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Shenmao Technology without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Shenmao Stock, because this is throwing your money away. Analyzing the key information contained in Shenmao Technology's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Shenmao Technology Key Financial Ratios
There are many critical financial ratios that Shenmao Technology's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Shenmao Technology reports annually and quarterly.Shenmao Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Shenmao Technology's current stock value. Our valuation model uses many indicators to compare Shenmao Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Shenmao Technology competition to find correlations between indicators driving Shenmao Technology's intrinsic value. More Info.Shenmao Technology 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 0.30 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Shenmao Technology is roughly 3.32 . 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 Shenmao Technology's earnings, one of the primary drivers of an investment's value.Shenmao Technology Systematic Risk
Shenmao Technology's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Shenmao 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 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 Shenmao Technology correlated with the market. If Beta is less than 0 Shenmao Technology generally moves in the opposite direction as compared to the market. If Shenmao Technology Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Shenmao Technology is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Shenmao Technology is generally in the same direction as the market. If Beta > 1 Shenmao Technology moves generally in the same direction as, but more than the movement of the benchmark.
Shenmao Technology November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Shenmao Technology help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Shenmao Technology. We use our internally-developed statistical techniques to arrive at the intrinsic value of Shenmao Technology based on widely used predictive technical indicators. In general, we focus on analyzing Shenmao Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Shenmao Technology's daily price indicators and compare them against related drivers.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 9.93 | |||
| Value At Risk | (3.06) | |||
| Potential Upside | 2.83 |
Additional Tools for Shenmao Stock Analysis
When running Shenmao Technology's price analysis, check to measure Shenmao 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 Shenmao Technology is operating at the current time. Most of Shenmao Technology's value examination focuses on studying past and present price action to predict the probability of Shenmao 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 Shenmao Technology's price. Additionally, you may evaluate how the addition of Shenmao Technology to your portfolios can decrease your overall portfolio volatility.