Delta Asia Financials
| 6762 Stock | TWD 274.00 3.00 1.11% |
Delta |
Understanding current and past Delta Asia Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Delta Asia's financial statements are interrelated, with each one affecting the others. For example, an increase in Delta Asia's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Delta Asia's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Delta Asia International. Check Delta Asia's Beneish M Score to see the likelihood of Delta Asia's management manipulating its earnings.
Delta Asia Stock Summary
Delta Asia competes with Universal Vision, Excelsior Medical, Hi Clearance, Brighten Optix, and United Orthopedic. Delta Asia International Corporation manufactures and sells medical devices and parts in Taiwan. The company was founded in 2004 and is based in Taoyuan, Taiwan. DELTA ASIA operates under Medical Devices classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 112 people.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan OTC Exchange |
| Business Address | No 239, Nanshang |
| Sector | Healthcare |
| Industry | Medical Devices |
| Benchmark | Dow Jones Industrial |
| Website | www.deltaasia.com.tw |
| Phone | 886 3 311 6588 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Delta Asia without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Delta Stock, because this is throwing your money away. Analyzing the key information contained in Delta Asia's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Delta Asia Key Financial Ratios
There are many critical financial ratios that Delta Asia's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Delta Asia International reports annually and quarterly.| Return On Equity | 0.14 | |||
| Return On Asset | 0.0442 | |||
| Number Of Employees | 133 | |||
| Beta | 0.28 | |||
| Z Score | 7.8 |
Delta Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Delta Asia's current stock value. Our valuation model uses many indicators to compare Delta Asia value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Delta Asia competition to find correlations between indicators driving Delta Asia's intrinsic value. More Info.Delta Asia International is rated third in return on equity category among its peers. It also is rated third in return on asset category among its peers reporting about 0.31 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Delta Asia International is roughly 3.22 . 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 Delta Asia's earnings, one of the primary drivers of an investment's value.Delta Asia International Systematic Risk
Delta Asia's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Delta Asia 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 Delta Asia International correlated with the market. If Beta is less than 0 Delta Asia generally moves in the opposite direction as compared to the market. If Delta Asia Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Delta Asia International is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Delta Asia is generally in the same direction as the market. If Beta > 1 Delta Asia moves generally in the same direction as, but more than the movement of the benchmark.
Delta Asia November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Delta Asia help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Delta Asia International. We use our internally-developed statistical techniques to arrive at the intrinsic value of Delta Asia International based on widely used predictive technical indicators. In general, we focus on analyzing Delta Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Delta Asia's daily price indicators and compare them against related drivers.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 5.54 | |||
| Value At Risk | (1.45) | |||
| Potential Upside | 1.42 |
Additional Tools for Delta Stock Analysis
When running Delta Asia's price analysis, check to measure Delta Asia'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 Delta Asia is operating at the current time. Most of Delta Asia's value examination focuses on studying past and present price action to predict the probability of Delta Asia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Delta Asia's price. Additionally, you may evaluate how the addition of Delta Asia to your portfolios can decrease your overall portfolio volatility.