Hsin Kao Financials
| 9931 Stock | TWD 34.25 0.25 0.72% |
Hsin |
Understanding current and past Hsin Kao Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Hsin Kao's financial statements are interrelated, with each one affecting the others. For example, an increase in Hsin Kao's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Hsin Kao's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Hsin Kao Gas. Check Hsin Kao's Beneish M Score to see the likelihood of Hsin Kao's management manipulating its earnings.
Hsin Kao Stock Summary
Hsin Kao competes with Great Taipei, Shin Shin, Shin Hai, National Petroleum, and Taiwan Cogeneration. ,Ltd. supplies natural gas for domestic and commercial use in Taiwan. The company was founded in 1983 and is based in Kaohsiung, Taiwan. SHIN KAO is traded on Taiwan Stock Exchange in Taiwan.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0009931006 |
| Business Address | No 56, Dayi |
| Sector | Gas Utilities |
| Industry | Utilities |
| Benchmark | Dow Jones Industrial |
| Website | www.hkgas.com.tw |
| Phone | 886 7 531 5701 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Hsin Kao without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Hsin Stock, because this is throwing your money away. Analyzing the key information contained in Hsin Kao's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Hsin Kao Key Financial Ratios
There are many critical financial ratios that Hsin Kao's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Hsin Kao Gas reports annually and quarterly.| Return On Equity | 0.0984 | |||
| Return On Asset | 0.0198 | |||
| Number Of Employees | 17 | |||
| Beta | 0.13 | |||
| Z Score | 18.6 |
Hsin Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Hsin Kao's current stock value. Our valuation model uses many indicators to compare Hsin Kao value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hsin Kao competition to find correlations between indicators driving Hsin Kao's intrinsic value. More Info.Hsin Kao Gas 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 0.20 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Hsin Kao Gas is roughly 4.97 . 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 Hsin Kao's earnings, one of the primary drivers of an investment's value.Hsin Kao Gas Systematic Risk
Hsin Kao's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Hsin Kao 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 Hsin Kao Gas correlated with the market. If Beta is less than 0 Hsin Kao generally moves in the opposite direction as compared to the market. If Hsin Kao Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hsin Kao Gas is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Hsin Kao is generally in the same direction as the market. If Beta > 1 Hsin Kao moves generally in the same direction as, but more than the movement of the benchmark.
Hsin Kao December 3, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Hsin Kao help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Hsin Kao Gas. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hsin Kao Gas based on widely used predictive technical indicators. In general, we focus on analyzing Hsin Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hsin Kao's daily price indicators and compare them against related drivers.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 3.81 | |||
| Value At Risk | (1.29) | |||
| Potential Upside | 1.01 |
Additional Tools for Hsin Stock Analysis
When running Hsin Kao's price analysis, check to measure Hsin Kao'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 Hsin Kao is operating at the current time. Most of Hsin Kao's value examination focuses on studying past and present price action to predict the probability of Hsin Kao's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hsin Kao's price. Additionally, you may evaluate how the addition of Hsin Kao to your portfolios can decrease your overall portfolio volatility.