Cowealth Medical Financials

4745 Stock  TWD 20.60  0.05  0.24%   
Financial data analysis helps to double-check if markets are presently mispricing Cowealth Medical Holding. We are able to interpolate and break down thirty-three available fundamental indicators for Cowealth Medical Holding, which can be compared to its peers. The stock experiences a normal downward trend and little activity. Check odds of Cowealth Medical to be traded at NT$20.39 in 90 days.
  
Understanding current and past Cowealth Medical Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Cowealth Medical's financial statements are interrelated, with each one affecting the others. For example, an increase in Cowealth Medical's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Cowealth Medical's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Cowealth Medical Holding. Check Cowealth Medical's Beneish M Score to see the likelihood of Cowealth Medical's management manipulating its earnings.

Cowealth Medical Stock Summary

Cowealth Medical competes with Universal Vision, Excelsior Medical, Delta Asia, Hi Clearance, and Brighten Optix. Cowealth Medical Holding Co., Ltd. operates as a medical distribution company primarily in the diagnostic clinical laboratory field in Greater China market. Cowealth Medical Holding Co., Ltd. was founded in 1997 and is based in Shanghai, China. COWEALTH MEDICAL operates under Medical Devices classification in Taiwan and is traded on Taiwan OTC Exchange.
InstrumentTaiwan Stock View All
ExchangeTaiwan OTC Exchange
ISINKYG248111042
Business AddressGuangqi Building, Shanghai,
SectorHealthcare
IndustryMedical Devices
BenchmarkDow Jones Industrial
Websitewww.cowealthholding.com
Phone86 40 0678 8855
CurrencyTWD - New Taiwan Dollar
You should never invest in Cowealth Medical without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Cowealth Stock, because this is throwing your money away. Analyzing the key information contained in Cowealth Medical's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Cowealth Medical Key Financial Ratios

There are many critical financial ratios that Cowealth Medical's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Cowealth Medical Holding reports annually and quarterly.

Cowealth Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Cowealth Medical's current stock value. Our valuation model uses many indicators to compare Cowealth Medical value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cowealth Medical competition to find correlations between indicators driving Cowealth Medical's intrinsic value. More Info.
Cowealth Medical Holding is rated below average in return on equity category among its peers. It is rated fourth in return on asset category among its peers reporting about  0.66  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Cowealth Medical Holding is roughly  1.51 . 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 Cowealth Medical's earnings, one of the primary drivers of an investment's value.

Cowealth Medical Holding Systematic Risk

Cowealth Medical's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Cowealth Medical 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Cowealth Medical Holding correlated with the market. If Beta is less than 0 Cowealth Medical generally moves in the opposite direction as compared to the market. If Cowealth Medical Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cowealth Medical Holding is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cowealth Medical is generally in the same direction as the market. If Beta > 1 Cowealth Medical moves generally in the same direction as, but more than the movement of the benchmark.

Cowealth Medical Thematic Clasifications

Cowealth Medical Holding is part of Drugs 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. Drug manufacturing and delivery. Companies involved in medical and pharmaceutical drug research, manufacturing, and delivery
DrugsView
This theme covers Drug manufacturing and delivery. Companies involved in medical and pharmaceutical drug research, manufacturing, and delivery. Get More Thematic Ideas

Cowealth Medical November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Cowealth Medical help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Cowealth Medical Holding. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cowealth Medical Holding based on widely used predictive technical indicators. In general, we focus on analyzing Cowealth Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cowealth Medical's daily price indicators and compare them against related drivers.

Additional Tools for Cowealth Stock Analysis

When running Cowealth Medical's price analysis, check to measure Cowealth Medical'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 Cowealth Medical is operating at the current time. Most of Cowealth Medical's value examination focuses on studying past and present price action to predict the probability of Cowealth Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cowealth Medical's price. Additionally, you may evaluate how the addition of Cowealth Medical to your portfolios can decrease your overall portfolio volatility.