Yung Zip Chemical Stock Return On Asset
| 4102 Stock | TWD 32.85 0.10 0.31% |
Yung Zip Chemical fundamentals help investors to digest information that contributes to Yung Zip's financial success or failures. It also enables traders to predict the movement of Yung Stock. The fundamental analysis module provides a way to measure Yung Zip'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 Yung Zip stock.
Yung |
Yung Zip Chemical Company Return On Asset Analysis
Yung Zip's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Yung Zip Return On Asset | 0.0178 |
Most of Yung Zip's fundamental indicators, such as Return On Asset, 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, Yung Zip Chemical is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
| Competition |
Based on the latest financial disclosure, Yung Zip Chemical has a Return On Asset of 0.0178. This is 100.2% lower than that of the Pharmaceuticals sector and 98.45% lower than that of the Health Care industry. The return on asset for all Taiwan stocks is 112.71% lower than that of the firm.
Yung Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Yung Zip's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Yung Zip could also be used in its relative valuation, which is a method of valuing Yung Zip by comparing valuation metrics of similar companies.Yung Zip is currently under evaluation in return on asset category among its peers.
Yung Fundamentals
| Return On Equity | 0.0954 | |||
| Return On Asset | 0.0178 | |||
| Profit Margin | 0.1 % | |||
| Operating Margin | 0.05 % | |||
| Current Valuation | 1.81 B | |||
| Shares Outstanding | 42.37 M | |||
| Shares Owned By Insiders | 45.09 % | |||
| Price To Earning | 44.40 X | |||
| Price To Book | 3.04 X | |||
| Price To Sales | 2.90 X | |||
| Revenue | 477.6 M | |||
| Gross Profit | 104.51 M | |||
| EBITDA | 49.84 M | |||
| Net Income | 6 M | |||
| Cash And Equivalents | 39.5 M | |||
| Cash Per Share | 0.93 X | |||
| Total Debt | 189.75 M | |||
| Debt To Equity | 13.80 % | |||
| Current Ratio | 3.55 X | |||
| Book Value Per Share | 13.24 X | |||
| Cash Flow From Operations | 73.5 M | |||
| Earnings Per Share | 1.20 X | |||
| Number Of Employees | 181 | |||
| Beta | 0.12 | |||
| Market Capitalization | 1.31 B | |||
| Total Asset | 930.25 M | |||
| Z Score | 3.6 | |||
| Annual Yield | 0 % | |||
| Net Asset | 930.25 M | |||
| Last Dividend Paid | 0.1 |
About Yung Zip Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Yung Zip Chemical's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Yung Zip using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Yung Zip Chemical 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 Yung Zip
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 Yung Zip 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 Yung Zip will appreciate offsetting losses from the drop in the long position's value.Moving against Yung Stock
| 0.83 | 2603 | Evergreen Marine Corp | PairCorr |
| 0.79 | 1432 | Trk Corp | PairCorr |
| 0.74 | 3211 | Dynapack International | PairCorr |
| 0.72 | 2609 | Yang Ming Marine | PairCorr |
| 0.66 | 0050 | YuantaP shares Taiwan | PairCorr |
The ability to find closely correlated positions to Yung Zip could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Yung Zip 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 Yung Zip - 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 Yung Zip Chemical to buy it.
The correlation of Yung Zip 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 Yung Zip moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Yung Zip Chemical 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 Yung Zip 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 Yung Stock Analysis
When running Yung Zip's price analysis, check to measure Yung Zip'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 Yung Zip is operating at the current time. Most of Yung Zip's value examination focuses on studying past and present price action to predict the probability of Yung Zip's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yung Zip's price. Additionally, you may evaluate how the addition of Yung Zip to your portfolios can decrease your overall portfolio volatility.