Launch Technologies Financials
| 8420 Stock | TWD 40.60 0.40 0.98% |
Launch |
Understanding current and past Launch Technologies Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Launch Technologies' financial statements are interrelated, with each one affecting the others. For example, an increase in Launch Technologies' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Launch Technologies' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Launch Technologies Co. Check Launch Technologies' Beneish M Score to see the likelihood of Launch Technologies' management manipulating its earnings.
Launch Technologies Stock Summary
Launch Technologies competes with Univacco Technology, Integrated Service, Microtips Technology, Arbor Technology, and STL Technology. Launch Technologies Co., Ltd. engages in the research and development, manufacture, and sale of golf balls in Taiwan and internationally. The company was founded in 2006 and is headquartered in Pingtung, Taiwan. LAUNCH TECHNOLOGIES operates under Leisure classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 526 people.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan OTC Exchange |
| ISIN | TW0008420001 |
| Business Address | No 38 Jingjian |
| Sector | Leisure Products |
| Industry | Consumer Discretionary |
| Benchmark | Dow Jones Industrial |
| Website | www.launchtech.com.tw |
| Phone | 886 8 751 0505 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Launch Technologies without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Launch Stock, because this is throwing your money away. Analyzing the key information contained in Launch Technologies' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Launch Technologies Key Financial Ratios
There are many critical financial ratios that Launch Technologies' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Launch Technologies reports annually and quarterly.Launch Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Launch Technologies's current stock value. Our valuation model uses many indicators to compare Launch Technologies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Launch Technologies competition to find correlations between indicators driving Launch Technologies's intrinsic value. More Info.Launch Technologies Co 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 0.33 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Launch Technologies Co is roughly 3.03 . 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 Launch Technologies' earnings, one of the primary drivers of an investment's value.Launch Technologies Systematic Risk
Launch Technologies' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Launch Technologies 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Launch Technologies correlated with the market. If Beta is less than 0 Launch Technologies generally moves in the opposite direction as compared to the market. If Launch Technologies Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Launch Technologies is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Launch Technologies is generally in the same direction as the market. If Beta > 1 Launch Technologies moves generally in the same direction as, but more than the movement of the benchmark.
Launch Technologies November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Launch Technologies help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Launch Technologies Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Launch Technologies Co based on widely used predictive technical indicators. In general, we focus on analyzing Launch Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Launch Technologies's daily price indicators and compare them against related drivers.
| Information Ratio | (0.31) | |||
| Maximum Drawdown | 4.14 | |||
| Value At Risk | (1.64) | |||
| Potential Upside | 0.9604 |
Additional Tools for Launch Stock Analysis
When running Launch Technologies' price analysis, check to measure Launch Technologies' 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 Launch Technologies is operating at the current time. Most of Launch Technologies' value examination focuses on studying past and present price action to predict the probability of Launch Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Launch Technologies' price. Additionally, you may evaluate how the addition of Launch Technologies to your portfolios can decrease your overall portfolio volatility.