Shin Foong Financials
| 6582 Stock | TWD 55.10 1.30 2.30% |
Shin |
Understanding current and past Shin Foong Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Shin Foong's financial statements are interrelated, with each one affecting the others. For example, an increase in Shin Foong's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Shin Foong's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Shin Foong Specialty. Check Shin Foong's Beneish M Score to see the likelihood of Shin Foong's management manipulating its earnings.
Shin Foong Stock Summary
Shin Foong competes with Nantex Industry, Systex Corp, Chong Hong, Greatek Electronics, and Cleanaway. Shin Foong Specialty and Applied Materials Co., Ltd. manufactures and sells synthetic SBR and NBR rubber latex products, and adhesives in Taiwan. Shin Foong Specialty and Applied Materials Co., Ltd. was founded in 1979 and is headquartered in Pingtung, Taiwan. SHIN FOONG operates under Specialty Chemicals classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0006582000 |
| Business Address | No 55, Jhongshan |
| Sector | Basic Materials |
| Industry | Specialty Chemicals |
| Benchmark | Dow Jones Industrial |
| Website | www.shinfoong.com.tw |
| Phone | 886 8 866 0088 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Shin Foong without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Shin Stock, because this is throwing your money away. Analyzing the key information contained in Shin Foong's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Shin Foong Key Financial Ratios
There are many critical financial ratios that Shin Foong's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Shin Foong Specialty reports annually and quarterly.Shin Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Shin Foong's current stock value. Our valuation model uses many indicators to compare Shin Foong value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Shin Foong competition to find correlations between indicators driving Shin Foong's intrinsic value. More Info.Shin Foong Specialty 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 0.65 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Shin Foong Specialty is roughly 1.54 . 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 Shin Foong's earnings, one of the primary drivers of an investment's value.Shin Foong Specialty Systematic Risk
Shin Foong's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Shin Foong 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 Shin Foong Specialty correlated with the market. If Beta is less than 0 Shin Foong generally moves in the opposite direction as compared to the market. If Shin Foong Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Shin Foong Specialty is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Shin Foong is generally in the same direction as the market. If Beta > 1 Shin Foong moves generally in the same direction as, but more than the movement of the benchmark.
Shin Foong January 23, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Shin Foong help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Shin Foong Specialty. We use our internally-developed statistical techniques to arrive at the intrinsic value of Shin Foong Specialty based on widely used predictive technical indicators. In general, we focus on analyzing Shin Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Shin Foong's daily price indicators and compare them against related drivers.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 14.5 | |||
| Value At Risk | (3.08) | |||
| Potential Upside | 3.96 |
Additional Tools for Shin Stock Analysis
When running Shin Foong's price analysis, check to measure Shin Foong'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 Shin Foong is operating at the current time. Most of Shin Foong's value examination focuses on studying past and present price action to predict the probability of Shin Foong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shin Foong's price. Additionally, you may evaluate how the addition of Shin Foong to your portfolios can decrease your overall portfolio volatility.