Cheng Shin (Taiwan) Today

2105 Stock  TWD 50.20  1.20  2.33%   

Performance

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Odds Of Distress

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Cheng Shin is selling for under 50.20 as of the 26th of November 2024; that is 2.33 percent decrease since the beginning of the trading day. The stock's lowest day price was 50.2. Cheng Shin has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Cheng Shin Rubber are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2024 and ending today, the 26th of November 2024. Click here to learn more.
Co., Ltd., together with subsidiaries, processes, manufactures, and trades in bicycle tires, electrical vehicle tires, reclaimed rubbers, various rubbers and resins, and other rubber products. Co., Ltd. was founded in 1967 and is headquartered in Changhua, Taiwan. The company has 3.24 B outstanding shares. More on Cheng Shin Rubber

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Cheng Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Cheng Shin's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cheng Shin or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationConsumer Discretionary, Auto Components, Rubber & Plastics, Consumer Cyclical (View all Sectors)
Cheng Shin Rubber (2105) is traded on Taiwan Stock Exchange in Taiwan and employs 41 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 110.86 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cheng Shin's market, we take the total number of its shares issued and multiply it by Cheng Shin's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Cheng Shin Rubber operates under Auto Components sector and is part of Consumer Discretionary industry. The entity has 3.24 B outstanding shares. Cheng Shin Rubber has accumulated about 27.8 B in cash with 15.5 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.58.
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Ownership Allocation
Cheng Shin holds a total of 3.24 Billion outstanding shares. Cheng Shin Rubber retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Cheng Shin Rubber Risk Profiles

Although Cheng Shin's alpha and beta are two of the key measurements used to evaluate Cheng Shin's performance over the market, the standard measures of volatility play an important role as well.

Cheng Stock Against Markets

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Cheng Shin Corporate Management

Elected by the shareholders, the Cheng Shin's board of directors comprises two types of representatives: Cheng Shin inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cheng. The board's role is to monitor Cheng Shin's management team and ensure that shareholders' interests are well served. Cheng Shin's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cheng Shin's outside directors are responsible for providing unbiased perspectives on the board's policies.
YungLi LoHead of Finance & AccountingProfile
HsiuHsiung ChenGM ChairmanProfile
PoChia ChenChief OfficerProfile
ChingTang YuHead DepartmentProfile

Additional Tools for Cheng Stock Analysis

When running Cheng Shin's price analysis, check to measure Cheng Shin'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 Cheng Shin is operating at the current time. Most of Cheng Shin's value examination focuses on studying past and present price action to predict the probability of Cheng Shin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cheng Shin's price. Additionally, you may evaluate how the addition of Cheng Shin to your portfolios can decrease your overall portfolio volatility.