Shin Kong Financials

2888B Stock  TWD 26.10  0.05  0.19%   
Financial data analysis helps to confirm if markets are presently mispricing Shin Kong. We have analyzed twenty-five available drivers for Shin Kong Financial, which can be compared to its competition. To ensure the equity is not overpriced, please validate all Shin Kong financials, including its current valuation, revenue, and the relationship between the operating margin and price to earning . The stock experiences a normal upward fluctuation. Check odds of Shin Kong to be traded at NT$27.41 in 90 days.
With this module, you can analyze Shin financials for your investing period. You should be able to track the changes in Shin Kong individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Shin Kong Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Shin Kong's financial statements are interrelated, with each one affecting the others. For example, an increase in Shin Kong's assets may result in an increase in income on the income statement.
Evaluating Shin Kong's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Shin Kong's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Shin Kong's relative financial performance

Chance Of Distress

Over 66

 
100  
 
Zero
Quite High
Shin Kong Financial has more than 66 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Shin Kong stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Shin Kong's odds of distress score SHOULD NOT be confused with the real chance of Shin Kong Financial filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Shin is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Shin Kong's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
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The data published in Shin Kong's official financial statements usually reflect Shin Kong's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Shin Kong Financial. For example, before you start analyzing numbers published by Shin accountants, it's critical to develop an understanding of what Shin Kong's liquidity, profitability, and earnings quality are in the context of the Financial Services space in which it operates.
Please note, the presentation of Shin Kong's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Shin Kong's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Shin Kong's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Shin Kong Financial. Please utilize our Beneish M Score to check the likelihood of Shin Kong's management manipulating its earnings.

Shin Kong Company Summary

Shin Kong competes with Cathay Financial, Cathay Financial, Fubon Financial, CTBC Financial, and Mercuries Life. Shin Kong Financial Holding Co., Ltd., together with its subsidiaries, provides a range of financial products and services in Taipei and internationally. Shin Kong Financial Holding Co., Ltd. was founded in 2002 and is based in Taipei City, Taiwan. SHIN KONG operates under InsuranceLife classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 16859 people.
InstrumentTaiwan Stock View All
ExchangeTaiwan Stock Exchange
Business AddressNo 66, Chung-Hsiao
SectorFinancial Services
IndustryInsurance—Life
BenchmarkNYSE Composite
Websitewww.skfh.com.tw
Phone886 2 2389 5858
CurrencyTWD - New Taiwan Dollar
You should never invest in Shin Kong without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Shin Stock, because this is throwing your money away. Analyzing the key information contained in Shin Kong's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Shin Kong Key Financial Ratios

Generally speaking, Shin Kong's financial ratios allow both analysts and investors to convert raw data from Shin Kong's financial statements into concise, actionable information that can be used to evaluate the performance of Shin Kong over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Shin Kong Financial reports annually and quarterly.

Shin Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Shin Kong's current stock value. Our valuation model uses many indicators to compare Shin Kong value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Shin Kong competition to find correlations between indicators driving Shin Kong's intrinsic value. More Info.
Shin Kong Financial is rated fifth in revenue category among related companies. It is rated fourth in ebitda category among related companies . . Comparative valuation analysis is a catch-all model that can be used if you cannot value Shin Kong by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Shin Kong'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 Kong's earnings, one of the primary drivers of an investment's value.

Shin Kong Financial Systematic Risk

Shin Kong's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Shin Kong volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Shin Kong Financial correlated with the market. If Beta is less than 0 Shin Kong generally moves in the opposite direction as compared to the market. If Shin Kong Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Shin Kong Financial is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Shin Kong is generally in the same direction as the market. If Beta > 1 Shin Kong moves generally in the same direction as, but more than the movement of the benchmark.

About Shin Kong Financials

What exactly are Shin Kong Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Shin Kong's income statement, its balance sheet, and the statement of cash flows. Potential Shin Kong investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Shin Kong investors may use each financial statement separately, they are all related. The changes in Shin Kong's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Shin Kong'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. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Shin Kong Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Shin Kong is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Shin has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Shin Kong's financials are consistent with your investment objective using the following steps:
  • Review Shin Kong's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Shin Kong's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Shin Kong's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Shin Kong's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Shin Kong March 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Shin Kong help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Shin Kong Financial. We use our internally-developed statistical techniques to arrive at the intrinsic value of Shin Kong Financial based on widely used predictive technical indicators. In general, we focus on analyzing Shin Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Shin Kong's daily price indicators and compare them against related drivers.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shin Kong Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Shin Kong Financial information on this page should be used as a complementary analysis to other Shin Kong's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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When running Shin Kong's price analysis, check to measure Shin Kong'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 Kong is operating at the current time. Most of Shin Kong's value examination focuses on studying past and present price action to predict the probability of Shin Kong'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 Kong's price. Additionally, you may evaluate how the addition of Shin Kong to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Shin Kong's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shin Kong is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shin Kong's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.