Shin Heung Energy Stock Return On Equity
| 243840 Stock | KRW 6,010 60.00 0.99% |
Shin Heung Energy fundamentals help investors to digest information that contributes to Shin Heung's financial success or failures. It also enables traders to predict the movement of Shin Stock. The fundamental analysis module provides a way to measure Shin Heung'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 Shin Heung stock.
Shin |
Shin Heung Energy Company Return On Equity Analysis
Shin Heung's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Shin Heung Return On Equity | 9.92 |
Most of Shin Heung's fundamental indicators, such as Return On Equity, 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, Shin Heung Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Shin Heung Energy has a Return On Equity of 9.9227. This is much higher than that of the Industrials sector and 28.87% lower than that of the Electrical Equipment industry. The return on equity for all Republic of Korea stocks is notably lower than that of the firm.
Shin Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Shin Heung's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Shin Heung could also be used in its relative valuation, which is a method of valuing Shin Heung by comparing valuation metrics of similar companies.Shin Heung is currently under evaluation in return on equity category among its peers.
Shin Fundamentals
| Return On Equity | 9.92 | |||
| Return On Asset | 0.055 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.11 % | |||
| Current Valuation | 568.31 B | |||
| Shares Outstanding | 6.55 M | |||
| Shares Owned By Insiders | 55.62 % | |||
| Shares Owned By Institutions | 5.83 % | |||
| Price To Sales | 1.30 X | |||
| Revenue | 366.25 B | |||
| Gross Profit | 50.48 B | |||
| EBITDA | 53.85 B | |||
| Net Income | 26.66 B | |||
| Cash And Equivalents | 9.99 B | |||
| Total Debt | 63.1 B | |||
| Debt To Equity | 1.20 % | |||
| Current Ratio | 0.77 X | |||
| Cash Flow From Operations | 34.08 B | |||
| Earnings Per Share | 1,230 X | |||
| Target Price | 75000.0 | |||
| Number Of Employees | 1.59 K | |||
| Beta | 0.73 | |||
| Market Capitalization | 310.22 B | |||
| Total Asset | 541.4 B | |||
| Z Score | 2.4 | |||
| Net Asset | 541.4 B |
About Shin Heung Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Shin Heung Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shin Heung using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shin Heung Energy 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 Shin Heung
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 Shin Heung 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 Shin Heung will appreciate offsetting losses from the drop in the long position's value.Moving together with Shin Stock
The ability to find closely correlated positions to Shin Heung could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shin Heung 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 Shin Heung - 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 Shin Heung Energy to buy it.
The correlation of Shin Heung 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 Shin Heung moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shin Heung Energy 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 Shin Heung 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.Other Information on Investing in Shin Stock
Shin Heung financial ratios help investors to determine whether Shin Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Shin with respect to the benefits of owning Shin Heung security.