Hsinjing Holding Co Stock Price To Sales
| 3713 Stock | TWD 22.75 0.20 0.87% |
Hsinjing Holding Co fundamentals help investors to digest information that contributes to Hsinjing Holding's financial success or failures. It also enables traders to predict the movement of Hsinjing Stock. The fundamental analysis module provides a way to measure Hsinjing Holding'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 Hsinjing Holding stock.
Hsinjing |
Hsinjing Holding Co Company Price To Sales Analysis
Hsinjing Holding's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Hsinjing Holding Price To Sales | 2.61 X |
Most of Hsinjing Holding's fundamental indicators, such as Price To Sales, 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, Hsinjing Holding Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
CompetitionBased on the latest financial disclosure, Hsinjing Holding Co has a Price To Sales of 2.6091 times. This is 45.3% lower than that of the Technology sector and 203.38% higher than that of the Solar industry. The price to sales for all Taiwan stocks is 77.15% higher than that of the company.
Hsinjing Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hsinjing Holding's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hsinjing Holding could also be used in its relative valuation, which is a method of valuing Hsinjing Holding by comparing valuation metrics of similar companies.Hsinjing Holding is rated below average in price to sales category among its peers.
Hsinjing Fundamentals
| Return On Equity | 0.0453 | |||
| Return On Asset | 0.0179 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | 0.06 % | |||
| Current Valuation | 3.39 B | |||
| Shares Outstanding | 78.09 M | |||
| Shares Owned By Insiders | 49.37 % | |||
| Price To Earning | 505.30 X | |||
| Price To Book | 3.56 X | |||
| Price To Sales | 2.61 X | |||
| Revenue | 675.65 M | |||
| Gross Profit | 129.59 M | |||
| EBITDA | 63.46 M | |||
| Net Income | 33.58 M | |||
| Cash And Equivalents | 486.87 M | |||
| Cash Per Share | 6.24 X | |||
| Total Debt | 494.05 M | |||
| Debt To Equity | 0.89 % | |||
| Current Ratio | 4.71 X | |||
| Book Value Per Share | 8.26 X | |||
| Cash Flow From Operations | (150.78 M) | |||
| Earnings Per Share | 0.35 X | |||
| Beta | 1.72 | |||
| Market Capitalization | 2.3 B | |||
| Total Asset | 1.53 B | |||
| Z Score | 2.4 | |||
| Net Asset | 1.53 B |
About Hsinjing Holding Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hsinjing Holding Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hsinjing Holding using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hsinjing Holding Co 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 Hsinjing Holding
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 Hsinjing Holding 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 Hsinjing Holding will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Hsinjing Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hsinjing Holding 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 Hsinjing Holding - 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 Hsinjing Holding Co to buy it.
The correlation of Hsinjing Holding 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 Hsinjing Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hsinjing Holding 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 Hsinjing Holding 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 Hsinjing Stock Analysis
When running Hsinjing Holding's price analysis, check to measure Hsinjing Holding'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 Hsinjing Holding is operating at the current time. Most of Hsinjing Holding's value examination focuses on studying past and present price action to predict the probability of Hsinjing Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hsinjing Holding's price. Additionally, you may evaluate how the addition of Hsinjing Holding to your portfolios can decrease your overall portfolio volatility.