Shin Shin Financials
| 9918 Stock | TWD 40.25 0.20 0.49% |
Shin |
Understanding current and past Shin Shin Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Shin Shin's financial statements are interrelated, with each one affecting the others. For example, an increase in Shin Shin's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Shin Shin's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Shin Shin Natural. Check Shin Shin's Beneish M Score to see the likelihood of Shin Shin's management manipulating its earnings.
Shin Shin Stock Summary
Shin Shin competes with Great Taipei, Taiwan Cement, Mega Financial, First Financial, and Chunghwa Telecom. Shin Shin Natural Gas Company Limited supplies, transmits, and distributes natural gas families and other businesses through pipelines in Taiwan. The company was founded in 1971 and is based in New Taipei City, Taiwan. HSIN HSIN is traded on Taiwan Stock Exchange in Taiwan.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0009918003 |
| Business Address | No 100, Section |
| Sector | Gas Utilities |
| Industry | Utilities |
| Benchmark | Dow Jones Industrial |
| Website | www.shinshingas.com.tw |
| Phone | 886 2 2921 7811 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Shin Shin 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 Shin's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Shin Shin Key Financial Ratios
There are many critical financial ratios that Shin Shin's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Shin Shin Natural reports annually and quarterly.Shin Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Shin Shin's current stock value. Our valuation model uses many indicators to compare Shin Shin value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Shin Shin competition to find correlations between indicators driving Shin Shin's intrinsic value. More Info.Shin Shin Natural 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 0.55 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Shin Shin Natural is roughly 1.82 . 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 Shin's earnings, one of the primary drivers of an investment's value.Shin Shin Natural Systematic Risk
Shin Shin's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Shin Shin 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 Shin Shin Natural correlated with the market. If Beta is less than 0 Shin Shin generally moves in the opposite direction as compared to the market. If Shin Shin Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Shin Shin Natural is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Shin Shin is generally in the same direction as the market. If Beta > 1 Shin Shin moves generally in the same direction as, but more than the movement of the benchmark.
Shin Shin November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Shin Shin help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Shin Shin Natural. We use our internally-developed statistical techniques to arrive at the intrinsic value of Shin Shin Natural 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 Shin's daily price indicators and compare them against related drivers.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 3.85 | |||
| Value At Risk | (0.97) | |||
| Potential Upside | 1.24 |
Additional Tools for Shin Stock Analysis
When running Shin Shin's price analysis, check to measure Shin Shin'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 Shin is operating at the current time. Most of Shin Shin's value examination focuses on studying past and present price action to predict the probability of Shin Shin'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 Shin's price. Additionally, you may evaluate how the addition of Shin Shin to your portfolios can decrease your overall portfolio volatility.