Para Light Financials
| 6226 Stock | TWD 8.53 0.02 0.23% |
Para |
Understanding current and past Para Light Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Para Light's financial statements are interrelated, with each one affecting the others. For example, an increase in Para Light's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Para Light's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Para Light Electronics. Check Para Light's Beneish M Score to see the likelihood of Para Light's management manipulating its earnings.
Para Light Stock Summary
Para Light competes with Unimicron Technology, Kinsus Interconnect, Novatek Microelectronics, Delta Electronics, and Realtek Semiconductor. Para Light Electronics Co., Ltd. provides lighting solutions and opto-electronic components for industrial, commercial, and household applications worldwide. The company was founded in 1987 and is headquartered in New Taipei City, Taiwan. PARA LIGHT operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0006226004 |
| Business Address | No 8, Jiankang |
| Sector | Electronic Equipment, Instruments & Components |
| Industry | Information Technology |
| Benchmark | Dow Jones Industrial |
| Website | www.para.com.tw |
| Phone | 886 2 2225 3733 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Para Light without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Para Stock, because this is throwing your money away. Analyzing the key information contained in Para Light's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Para Light Key Financial Ratios
There are many critical financial ratios that Para Light's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Para Light Electronics reports annually and quarterly.| Return On Equity | 0.0017 | |||
| Return On Asset | -0.0077 | |||
| Number Of Employees | 12 | |||
| Beta | 0.3 | |||
| Z Score | 1.2 |
Para Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Para Light's current stock value. Our valuation model uses many indicators to compare Para Light value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Para Light competition to find correlations between indicators driving Para Light's intrinsic value. More Info.Para Light Electronics is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . 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 Para Light's earnings, one of the primary drivers of an investment's value.Para Light Electronics Systematic Risk
Para Light's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Para Light 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Para Light Electronics correlated with the market. If Beta is less than 0 Para Light generally moves in the opposite direction as compared to the market. If Para Light Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Para Light Electronics is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Para Light is generally in the same direction as the market. If Beta > 1 Para Light moves generally in the same direction as, but more than the movement of the benchmark.
Para Light Thematic Clasifications
Para Light 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 |
Para Light January 23, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Para Light help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Para Light Electronics. We use our internally-developed statistical techniques to arrive at the intrinsic value of Para Light Electronics based on widely used predictive technical indicators. In general, we focus on analyzing Para Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Para Light's daily price indicators and compare them against related drivers.
| Information Ratio | (0.29) | |||
| Maximum Drawdown | 6.75 | |||
| Value At Risk | (2.24) | |||
| Potential Upside | 1.19 |
Additional Tools for Para Stock Analysis
When running Para Light's price analysis, check to measure Para Light'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 Para Light is operating at the current time. Most of Para Light's value examination focuses on studying past and present price action to predict the probability of Para Light's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Para Light's price. Additionally, you may evaluate how the addition of Para Light to your portfolios can decrease your overall portfolio volatility.