Shin Kong Revenue vs. Book Value Per Share
| 2888A Stock | TWD 35.45 0.05 0.14% |
For Shin Kong profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Shin Kong to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Shin Kong Financial utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Shin Kong's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Shin Kong Financial over time as well as its relative position and ranking within its peers.
Shin |
Shin Kong Financial Book Value Per Share vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Shin Kong's current stock value. Our valuation model uses many indicators to compare Shin Kong value to that of its competitors to determine the firm's financial worth. Shin Kong Financial is the top company in revenue category among its peers. It also is number one stock in book value per share category among its peers . The ratio of Revenue to Book Value Per Share for Shin Kong Financial is about 15,541,620,097 . 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 Shin Kong's earnings, one of the primary drivers of an investment's value.Shin Revenue vs. Competition
Shin Kong Financial is the top company in revenue category among its peers. Market size based on revenue of Insurance—Life industry is presently estimated at about 344.2 Billion. Shin Kong totals roughly 173.82 Billion in revenue claiming about 51% of equities under Insurance—Life industry.
Shin Book Value Per Share vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Shin Kong |
| = | 173.82 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Shin Kong |
| = | 11.18 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Shin Book Value Per Share Comparison
Shin Kong is currently under evaluation in book value per share category among its peers.
Shin Kong Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Shin Kong, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Shin Kong will eventually generate negative long term returns. The profitability progress is the general direction of Shin Kong's change in net profit over the period of time. It can combine multiple indicators of Shin Kong, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Shin Kong Financial Holding Co., Ltd., through its subsidiaries, provides a range of financial products and services in Taipei and internationally. Shin Kong Financial Holding Co., Ltd. was founded in 2002 and is headquartered in Taipei City, Taiwan. SHIN KONG operates under InsuranceLife classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 17255 people.
Shin Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Shin Kong. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Shin Kong position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Shin Kong's important profitability drivers and their relationship over time.
Use Shin Kong in pair-trading
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 Kong 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 Kong will appreciate offsetting losses from the drop in the long position's value.Shin Kong Pair Trading
Shin Kong Financial Pair Trading Analysis
The ability to find closely correlated positions to Shin Kong 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 Kong 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 Kong - 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 Kong Financial to buy it.
The correlation of Shin Kong 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 Kong moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shin Kong Financial 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 Kong 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.Use Investing Themes to Complement your Shin Kong position
In addition to having Shin Kong in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Consumer Discretionary ETFs
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You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Consumer Discretionary ETFs Theme or any other thematic opportunities.
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Additional Tools for Shin Stock Analysis
When running Shin Kong's price analysis, check to measure Shin Kong'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 Shin Kong is operating at the current time. Most of Shin Kong's value examination focuses on studying past and present price action to predict the probability of Shin Kong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shin Kong's price. Additionally, you may evaluate how the addition of Shin Kong to your portfolios can decrease your overall portfolio volatility.