Towngas China Financials
TGASF Stock | USD 0.41 0.00 0.00% |
Towngas |
Understanding current and past Towngas China Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Towngas China's financial statements are interrelated, with each one affecting the others. For example, an increase in Towngas China's assets may result in an increase in income on the income statement.
Towngas China Stock Summary
Towngas China competes with Anhui Conch, Sysmex Corp, PICC Property, HUMANA, and Barloworld. Towngas Smart Energy Company Limited, an investment holding company, sells and distributes piped gas in the Peoples Republic of China. Towngas Smart Energy Company Limited is a subsidiary of The Hong Kong and China Gas Company Limited. Towngas China operates under UtilitiesRegulated Gas classification in the United States and is traded on OTC Exchange. It employs 23476 people.Instrument | USA Pink Sheet View All |
Exchange | PINK Exchange |
Business Address | 363 Java Road, |
Sector | Utilities |
Industry | Utilities—Regulated Gas |
Benchmark | Dow Jones Industrial |
Website | www.towngassmartenergy.com |
Phone | 852 2963 3298 |
Currency | USD - US Dollar |
Towngas China Key Financial Ratios
There are many critical financial ratios that Towngas China's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Towngas China reports annually and quarterly.Return On Equity | 0.0753 | |||
Return On Asset | 0.0248 | |||
Beta | 0.82 | |||
Last Dividend Paid | 0.15 |
Towngas Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Towngas China's current stock value. Our valuation model uses many indicators to compare Towngas China value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Towngas China competition to find correlations between indicators driving Towngas China's intrinsic value. More Info.Towngas China is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top 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 Towngas China is roughly 3.04 . 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 Towngas China's earnings, one of the primary drivers of an investment's value.Towngas China Systematic Risk
Towngas China's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Towngas China 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Towngas China correlated with the market. If Beta is less than 0 Towngas China generally moves in the opposite direction as compared to the market. If Towngas China Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Towngas China is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Towngas China is generally in the same direction as the market. If Beta > 1 Towngas China moves generally in the same direction as, but more than the movement of the benchmark.
Complementary Tools for Towngas Pink Sheet analysis
When running Towngas China's price analysis, check to measure Towngas China'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 Towngas China is operating at the current time. Most of Towngas China's value examination focuses on studying past and present price action to predict the probability of Towngas China's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Towngas China's price. Additionally, you may evaluate how the addition of Towngas China to your portfolios can decrease your overall portfolio volatility.
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