Shin Financial Statements From 2010 to 2024
| 9926 Stock | TWD 55.30 0.10 0.18% |
Check Shin Hai financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shin main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Shin financial statements analysis is a perfect complement when working with Shin Hai Valuation or Volatility modules.
Shin |
Shin Hai Gas Company Current Valuation Analysis
Shin Hai's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Shin Hai Current Valuation | 7.02 B |
Most of Shin Hai's fundamental indicators, such as Current Valuation, 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, Shin Hai Gas is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Shin Hai Gas has a Current Valuation of 7.02 B. This is 33.35% lower than that of the Gas Utilities sector and 25.08% lower than that of the Utilities industry. The current valuation for all Taiwan stocks is 57.75% higher than that of the company.
Shin Hai Gas Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Shin Hai's current stock value. Our valuation model uses many indicators to compare Shin Hai value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Shin Hai competition to find correlations between indicators driving Shin Hai's intrinsic value. More Info.Shin Hai Gas is number one stock in return on equity category among related companies. It is number one stock in return on asset category among related companies reporting about 0.31 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Shin Hai Gas is roughly 3.23 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Shin Hai by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Shin Hai's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Hai's earnings, one of the primary drivers of an investment's value.About Shin Hai Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Shin Hai income statement, its balance sheet, and the statement of cash flows. Shin Hai investors use historical funamental indicators, such as Shin Hai's revenue or net income, to determine how well the company is positioned to perform in the future. Although Shin Hai investors may use each financial statement separately, they are all related. The changes in Shin Hai's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Shin Hai's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Shin Hai Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Shin Hai. Please read more on our technical analysis and fundamental analysis pages.
The company also offers interrupting devices, microcomputer gas meters, safety equipment, stoves, and dryers. The company was founded in 1966 and is based in New Taipei City, Taiwan. SHIN HAI operates under Utilities - Regulated Gas classification in Taiwan and is traded on Taiwan Stock Exchange.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Shin Hai in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Shin Hai's short interest history, or implied volatility extrapolated from Shin Hai options trading.
Thematic Opportunities
Explore Investment Opportunities
Check out the analysis of Shin Hai Correlation against competitors. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for Shin Stock analysis
When running Shin Hai's price analysis, check to measure Shin Hai'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 Hai is operating at the current time. Most of Shin Hai's value examination focuses on studying past and present price action to predict the probability of Shin Hai'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 Hai's price. Additionally, you may evaluate how the addition of Shin Hai to your portfolios can decrease your overall portfolio volatility.
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |