Tang Eng Iron Stock Number Of Employees
2035 Stock | TWD 33.20 0.20 0.61% |
Tang Eng Iron fundamentals help investors to digest information that contributes to Tang Eng's financial success or failures. It also enables traders to predict the movement of Tang Stock. The fundamental analysis module provides a way to measure Tang Eng's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tang Eng stock.
Tang |
Tang Eng Iron Company Number Of Employees Analysis
Tang Eng's Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.
Current Tang Eng Number Of Employees | 659 |
Most of Tang Eng's fundamental indicators, such as Number Of Employees, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tang Eng Iron is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Employee typically refers to an individual working under a contract of employment, whether oral or written, express or implied, and has recognized his or her rights and duties. Most officers of corporations are included as employees and contractors are generally excluded.
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Based on the recorded statements, Tang Eng Iron is currently employing 659 people. This is much higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The number of employees for all Taiwan stocks is notably lower than that of the firm.
Tang Number Of Employees Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tang Eng's direct or indirect competition against its Number Of Employees to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tang Eng could also be used in its relative valuation, which is a method of valuing Tang Eng by comparing valuation metrics of similar companies.Tang Eng is currently under evaluation in number of employees category among its peers.
Tang Fundamentals
Return On Equity | 0.0668 | |||
Return On Asset | 0.0095 | |||
Profit Margin | 0.02 % | |||
Operating Margin | 0.02 % | |||
Current Valuation | 17.96 B | |||
Shares Outstanding | 350 M | |||
Shares Owned By Insiders | 53.80 % | |||
Shares Owned By Institutions | 29.40 % | |||
Price To Book | 1.98 X | |||
Price To Sales | 0.74 X | |||
Revenue | 16.81 B | |||
Gross Profit | 1.97 B | |||
EBITDA | 1.88 B | |||
Net Income | 1.59 B | |||
Total Debt | 6.35 B | |||
Book Value Per Share | 16.29 X | |||
Cash Flow From Operations | 430.64 M | |||
Earnings Per Share | 1.05 X | |||
Number Of Employees | 659 | |||
Beta | 0.29 | |||
Market Capitalization | 11.18 B | |||
Total Asset | 20.15 B | |||
Z Score | 0.6 | |||
Net Asset | 20.15 B |
About Tang Eng Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tang Eng Iron's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tang Eng using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tang Eng Iron based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Tang Eng
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tang Eng position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tang Eng will appreciate offsetting losses from the drop in the long position's value.Moving together with Tang Stock
The ability to find closely correlated positions to Tang Eng could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tang Eng when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tang Eng - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tang Eng Iron to buy it.
The correlation of Tang Eng is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tang Eng moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tang Eng Iron moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tang Eng can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Tang Stock Analysis
When running Tang Eng's price analysis, check to measure Tang Eng'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 Tang Eng is operating at the current time. Most of Tang Eng's value examination focuses on studying past and present price action to predict the probability of Tang Eng's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tang Eng's price. Additionally, you may evaluate how the addition of Tang Eng to your portfolios can decrease your overall portfolio volatility.