Shih Kuen Return On Equity vs. Total Debt
| 4305 Stock | TWD 42.30 0.35 0.82% |
For Shih Kuen profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Shih Kuen to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Shih Kuen Plastics utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Shih Kuen's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Shih Kuen Plastics over time as well as its relative position and ranking within its peers.
Shih |
Shih Kuen Plastics Total Debt vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Shih Kuen's current stock value. Our valuation model uses many indicators to compare Shih Kuen value to that of its competitors to determine the firm's financial worth. Shih Kuen Plastics is number one stock in return on equity category among its peers. It also is the top company in total debt category among its peers making up about 9,242,144 of Total Debt per Return On Equity. 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 Shih Kuen's earnings, one of the primary drivers of an investment's value.Shih Total Debt vs. Return On Equity
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.
Shih Kuen |
| = | 0.16 |
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.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Shih Kuen |
| = | 1.5 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Shih Total Debt vs Competition
Shih Kuen Plastics is the top company in total debt category among its peers. Total debt of Rubber & Plastics industry is presently estimated at about 42.64 Billion. Shih Kuen adds roughly 1.5 Million in total debt claiming only tiny portion of equities listed under Rubber & Plastics industry.
Shih Kuen Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Shih Kuen, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Shih Kuen will eventually generate negative long term returns. The profitability progress is the general direction of Shih Kuen's change in net profit over the period of time. It can combine multiple indicators of Shih Kuen, 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.
Shih-Kuen Plastics Co., Ltd. produces and supplies plastic sheets. The company was founded in 1986 and is based in Tainan City, Taiwan. SHIH KUEN operates under Rubber Plastics classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 117 people.
Shih Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Shih Kuen. 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 Shih Kuen 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 Shih Kuen's important profitability drivers and their relationship over time.
Use Shih Kuen 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 Shih Kuen 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 Shih Kuen will appreciate offsetting losses from the drop in the long position's value.Shih Kuen Pair Trading
Shih Kuen Plastics Pair Trading Analysis
The ability to find closely correlated positions to Shih Kuen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shih Kuen 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 Shih Kuen - 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 Shih Kuen Plastics to buy it.
The correlation of Shih Kuen 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 Shih Kuen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shih Kuen Plastics 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 Shih Kuen 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 Shih Kuen position
In addition to having Shih Kuen 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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Additional Tools for Shih Stock Analysis
When running Shih Kuen's price analysis, check to measure Shih Kuen'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 Shih Kuen is operating at the current time. Most of Shih Kuen's value examination focuses on studying past and present price action to predict the probability of Shih Kuen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shih Kuen's price. Additionally, you may evaluate how the addition of Shih Kuen to your portfolios can decrease your overall portfolio volatility.