Tiangong International Financials
| 34T1 Stock | EUR 0.25 0.01 4.17% |
Tiangong |
Understanding current and past Tiangong International Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Tiangong International's financial statements are interrelated, with each one affecting the others. For example, an increase in Tiangong International's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Tiangong International's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Tiangong International. Check Tiangong International's Beneish M Score to see the likelihood of Tiangong International's management manipulating its earnings.
Tiangong International Stock Summary
Tiangong International competes with BROADWIND ENRGY, Transportadora, Trade Desk, AUTO TRADER, and FLOW TRADERS. Tiangong International Company Limited produces and sells die steel , high speed steel , cutting tools, and titanium alloys. The company was founded in 1981 and is headquartered in Danyang, the Peoples Republic of China. TIANGONG INTL operates under Steel classification in Germany and is traded on Munich Stock Exchange. It employs 3071 people.| Instrument | Germany Stock View All |
| Exchange | Munich Exchange |
| Business Address | Houxiang Town, Danyang, |
| Sector | Basic Materials |
| Industry | Steel |
| Benchmark | Dow Jones Industrial |
| Website | www.tggj.cn |
| Phone | 86 511 8631 2333 |
| Currency | EUR - Euro |
You should never invest in Tiangong International without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Tiangong Stock, because this is throwing your money away. Analyzing the key information contained in Tiangong International's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Tiangong International Key Financial Ratios
Tiangong International's financial ratios allow both analysts and investors to convert raw data from Tiangong International's financial statements into concise, actionable information that can be used to evaluate the performance of Tiangong International over time and compare it to other companies across industries.Tiangong Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tiangong International's current stock value. Our valuation model uses many indicators to compare Tiangong International value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tiangong International competition to find correlations between indicators driving Tiangong International's intrinsic value. More Info.Tiangong International 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 0.39 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Tiangong International is roughly 2.58 . 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 Tiangong International's earnings, one of the primary drivers of an investment's value.Tiangong International Systematic Risk
Tiangong International's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Tiangong International 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 Tiangong International correlated with the market. If Beta is less than 0 Tiangong International generally moves in the opposite direction as compared to the market. If Tiangong International Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Tiangong International is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Tiangong International is generally in the same direction as the market. If Beta > 1 Tiangong International moves generally in the same direction as, but more than the movement of the benchmark.
Tiangong International November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Tiangong International help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Tiangong International. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tiangong International based on widely used predictive technical indicators. In general, we focus on analyzing Tiangong Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tiangong International's daily price indicators and compare them against related drivers.
| Downside Deviation | 5.89 | |||
| Information Ratio | 0.1269 | |||
| Maximum Drawdown | 23.76 | |||
| Value At Risk | (4.76) | |||
| Potential Upside | 8.7 |
Additional Tools for Tiangong Stock Analysis
When running Tiangong International's price analysis, check to measure Tiangong International'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 Tiangong International is operating at the current time. Most of Tiangong International's value examination focuses on studying past and present price action to predict the probability of Tiangong International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tiangong International's price. Additionally, you may evaluate how the addition of Tiangong International to your portfolios can decrease your overall portfolio volatility.