Newcity Financial Statements From 2010 to 2024
| NC Stock | THB 2.46 0.00 0.00% |
Check Newcity Public financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Newcity Public's main balance sheet or income statement drivers, such as , as well as many indicators such as . Newcity financial statements analysis is a perfect complement when working with Newcity Public Valuation or Volatility modules.
Newcity |
Newcity Public Company Return On Equity Analysis
Newcity Public's 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.
Current Newcity Public Return On Equity | 0.0133 |
Most of Newcity Public's fundamental indicators, such as Return On Equity, 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, Newcity Public is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
Based on the latest financial disclosure, Newcity Public has a Return On Equity of 0.0133. This is 99.63% lower than that of the Distributors sector and 96.2% lower than that of the Consumer Discretionary industry. The return on equity for all Thailand stocks is 104.29% lower than that of the firm.
Newcity Public Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Newcity Public's current stock value. Our valuation model uses many indicators to compare Newcity Public value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Newcity Public competition to find correlations between indicators driving Newcity Public's intrinsic value. More Info.Newcity Public is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.06 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Newcity Public is roughly 16.63 . 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 Newcity Public's earnings, one of the primary drivers of an investment's value.About Newcity Public Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Newcity Public income statement, its balance sheet, and the statement of cash flows. Newcity Public investors use historical funamental indicators, such as Newcity Public's revenue or net income, to determine how well the company is positioned to perform in the future. Although Newcity Public investors may use each financial statement separately, they are all related. The changes in Newcity Public's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Newcity Public'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 Newcity Public Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Newcity Public. Please read more on our technical analysis and fundamental analysis pages.
Newcity Public Company Limited engages in the distribution of pantyhose products, cosmetics, innerwear, and exercise outfits in Thailand. The company was founded in 1964 and is based in Bangkok, Thailand. NEWCITY PUBLIC operates under Apparel Manufacturing classification in Thailand and is traded on Stock Exchange of Thailand.
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Other Information on Investing in Newcity Stock
Newcity Public financial ratios help investors to determine whether Newcity Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Newcity with respect to the benefits of owning Newcity Public security.