Chaheng Precision Return On Equity vs. Net Income
| 4546 Stock | TWD 93.00 0.80 0.87% |
For Chaheng Precision profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Chaheng Precision to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Chaheng Precision Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Chaheng Precision's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Chaheng Precision Co over time as well as its relative position and ranking within its peers.
Chaheng |
Chaheng Precision Net Income vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Chaheng Precision's current stock value. Our valuation model uses many indicators to compare Chaheng Precision value to that of its competitors to determine the firm's financial worth. Chaheng Precision Co is number one stock in return on equity category among its peers. It also is number one stock in net income category among its peers making up about 14,138,083 of Net Income 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 Chaheng Precision's earnings, one of the primary drivers of an investment's value.Chaheng Net Income 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.
Chaheng Precision |
| = | 22.74 |
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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Chaheng Precision |
| = | 321.5 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Chaheng Net Income Comparison
Chaheng Precision is currently under evaluation in net income category among its peers.
Chaheng Precision Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Chaheng Precision, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Chaheng Precision will eventually generate negative long term returns. The profitability progress is the general direction of Chaheng Precision's change in net profit over the period of time. It can combine multiple indicators of Chaheng Precision, 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.
Chaheng Precision Co., Ltd. develops, produces, manufactures, and sells aero-engine components in Taiwan. The company was founded in 1997 and is headquartered in Kaohsiung, Taiwan. CHAHENG PRECISION operates under Aerospace Defense classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 304 people.
Chaheng Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Chaheng Precision. 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 Chaheng Precision 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 Chaheng Precision's important profitability drivers and their relationship over time.
Use Chaheng Precision 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 Chaheng Precision 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 Chaheng Precision will appreciate offsetting losses from the drop in the long position's value.Chaheng Precision Pair Trading
Chaheng Precision Co Pair Trading Analysis
The ability to find closely correlated positions to Chaheng Precision could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chaheng Precision 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 Chaheng Precision - 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 Chaheng Precision Co to buy it.
The correlation of Chaheng Precision 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 Chaheng Precision moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chaheng Precision 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 Chaheng Precision 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 Chaheng Precision position
In addition to having Chaheng Precision 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?
Run Air Thematic Idea Now
Air
Companies specializing in air services and air delivery. The Air theme has 42 constituents at this time.
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 Air Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Chaheng Stock Analysis
When running Chaheng Precision's price analysis, check to measure Chaheng Precision'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 Chaheng Precision is operating at the current time. Most of Chaheng Precision's value examination focuses on studying past and present price action to predict the probability of Chaheng Precision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chaheng Precision's price. Additionally, you may evaluate how the addition of Chaheng Precision to your portfolios can decrease your overall portfolio volatility.