Ruentex Materials Financials
| 8463 Stock | TWD 26.10 0.10 0.38% |
Ruentex |
Understanding current and past Ruentex Materials Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ruentex Materials' financial statements are interrelated, with each one affecting the others. For example, an increase in Ruentex Materials' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Ruentex Materials' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ruentex Materials Co. Check Ruentex Materials' Beneish M Score to see the likelihood of Ruentex Materials' management manipulating its earnings.
Ruentex Materials Stock Summary
Ruentex Materials competes with Taiwan Cement, Asia Cement, Goldsun Building, Universal Cement, and Huang Hsiang. It offers Portland blast furnace cement, Portland cement, and stove powder and mortar, surface powder, and sticky and sealing materials, no shrinkage mortar, mud, and elastic cement. The company was founded in 1992 and is headquartered in Taipei, Taiwan. RUENTEX MATERIALS is traded on Taiwan Stock Exchange in Taiwan.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0008463001 |
| Business Address | No 308, Bade |
| Sector | Basic Materials |
| Industry | Building Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.rtm.com.tw |
| Phone | 886 2 8161 9989 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Ruentex Materials without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Ruentex Stock, because this is throwing your money away. Analyzing the key information contained in Ruentex Materials' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Ruentex Materials Key Financial Ratios
There are many critical financial ratios that Ruentex Materials' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Ruentex Materials reports annually and quarterly.| Return On Equity | 0.0133 | |||
| Return On Asset | 0.0052 | |||
| Number Of Employees | 18 | |||
| Beta | 0.61 | |||
| Z Score | 0.6 |
Ruentex Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ruentex Materials's current stock value. Our valuation model uses many indicators to compare Ruentex Materials value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ruentex Materials competition to find correlations between indicators driving Ruentex Materials's intrinsic value. More Info.Ruentex Materials 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 0.39 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Ruentex Materials Co is roughly 2.56 . 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 Ruentex Materials' earnings, one of the primary drivers of an investment's value.Ruentex Materials Systematic Risk
Ruentex Materials' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ruentex Materials 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 Ruentex Materials correlated with the market. If Beta is less than 0 Ruentex Materials generally moves in the opposite direction as compared to the market. If Ruentex Materials Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ruentex Materials is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ruentex Materials is generally in the same direction as the market. If Beta > 1 Ruentex Materials moves generally in the same direction as, but more than the movement of the benchmark.
Ruentex Materials Thematic Clasifications
Ruentex Materials Co is part of Plastics 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. Rubber and plastics accessories. Companies manufacturing rubber and plastics accessories
This theme covers Rubber and plastics accessories. Companies manufacturing rubber and plastics accessories. Get More Thematic Ideas
| Plastics | View |
Ruentex Materials November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Ruentex Materials help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ruentex Materials Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ruentex Materials Co based on widely used predictive technical indicators. In general, we focus on analyzing Ruentex Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ruentex Materials's daily price indicators and compare them against related drivers.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 6.85 | |||
| Value At Risk | (1.88) | |||
| Potential Upside | 1.71 |
Additional Tools for Ruentex Stock Analysis
When running Ruentex Materials' price analysis, check to measure Ruentex Materials' 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 Ruentex Materials is operating at the current time. Most of Ruentex Materials' value examination focuses on studying past and present price action to predict the probability of Ruentex Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ruentex Materials' price. Additionally, you may evaluate how the addition of Ruentex Materials to your portfolios can decrease your overall portfolio volatility.