Drewloong Precision Financials
| 4572 Stock | TWD 156.50 0.00 0.00% |
Drewloong |
Understanding current and past Drewloong Precision Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Drewloong Precision's financial statements are interrelated, with each one affecting the others. For example, an increase in Drewloong Precision's assets may result in an increase in income on the income statement.
The data published in Drewloong Precision's official financial statements usually reflect Drewloong Precision'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 Drewloong Precision. For example, before you start analyzing numbers published by Drewloong accountants, it's critical to develop an understanding of what Drewloong Precision's liquidity, profitability, and earnings quality are in the context of the Industrials space in which it operates.
Please note, the presentation of Drewloong Precision'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, Drewloong Precision's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Drewloong Precision's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Drewloong Precision. Please utilize our Beneish M Score to check the likelihood of Drewloong Precision's management manipulating its earnings.
Drewloong Precision Stock Summary
Drewloong Precision competes with Sunonwealth Electric, Rechi Precision, Fittech, Nova Technology, and Kenmec Mechanical. Drewloong Precision, Inc. produces and sells aero structural and engine parts, landing gear parts, and special tools to aircraft manufacturers. The company was founded in 1990 and is headquartered in Kaohsiung City, Taiwan. DREWLOONG PRECISION is traded on Taiwan Stock Exchange in Taiwan.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| Business Address | No 166, Bade |
| Sector | Industrials |
| Industry | Specialty Industrial Machinery |
| Benchmark | NYSE Composite |
| Website | www.drewloong.com.tw |
| Phone | 886 0 7310 1000 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Drewloong Precision without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Drewloong Stock, because this is throwing your money away. Analyzing the key information contained in Drewloong Precision's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Drewloong Precision Key Financial Ratios
Generally speaking, Drewloong Precision's financial ratios allow both analysts and investors to convert raw data from Drewloong Precision's financial statements into concise, actionable information that can be used to evaluate the performance of Drewloong Precision 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 Drewloong Precision reports annually and quarterly.| Return On Equity | 0.1 | |||
| Return On Asset | 0.0492 | |||
| Beta | 0.53 |
Drewloong Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Drewloong Precision's current stock value. Our valuation model uses many indicators to compare Drewloong Precision value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Drewloong Precision competition to find correlations between indicators driving Drewloong Precision's intrinsic value. More Info.Drewloong Precision is rated fifth in return on equity category among related companies. It is rated fifth in return on asset category among related companies reporting about 0.47 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Drewloong Precision is roughly 2.11 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Drewloong Precision by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Drewloong Precision'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 Drewloong Precision's earnings, one of the primary drivers of an investment's value.Drewloong Precision Systematic Risk
Drewloong Precision's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Drewloong Precision 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.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Drewloong Precision correlated with the market. If Beta is less than 0 Drewloong Precision generally moves in the opposite direction as compared to the market. If Drewloong Precision Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Drewloong Precision is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Drewloong Precision is generally in the same direction as the market. If Beta > 1 Drewloong Precision moves generally in the same direction as, but more than the movement of the benchmark.
About Drewloong Precision Financials
What exactly are Drewloong Precision 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 Drewloong Precision's income statement, its balance sheet, and the statement of cash flows. Potential Drewloong Precision investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Drewloong Precision investors may use each financial statement separately, they are all related. The changes in Drewloong Precision's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Drewloong Precision'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 Drewloong Precision 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 Drewloong Precision 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 Drewloong 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 Drewloong Precision's financials are consistent with your investment objective using the following steps:- Review Drewloong Precision'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 Drewloong Precision'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 Drewloong Precision'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 Drewloong Precision's stock is overvalued or undervalued.
Drewloong Precision May 9, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Drewloong Precision help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Drewloong Precision. We use our internally-developed statistical techniques to arrive at the intrinsic value of Drewloong Precision based on widely used predictive technical indicators. In general, we focus on analyzing Drewloong Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Drewloong Precision's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.96 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 10.77 | |||
| Value At Risk | (2.82) | |||
| Potential Upside | 2.62 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Drewloong Precision. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for Drewloong Stock analysis
When running Drewloong Precision's price analysis, check to measure Drewloong 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 Drewloong Precision is operating at the current time. Most of Drewloong Precision's value examination focuses on studying past and present price action to predict the probability of Drewloong 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 Drewloong Precision's price. Additionally, you may evaluate how the addition of Drewloong Precision to your portfolios can decrease your overall portfolio volatility.
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets |