Ligitek Electronics Financials
| 8111 Stock | TWD 23.30 0.35 1.48% |
Ligitek |
Understanding current and past Ligitek Electronics Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ligitek Electronics' financial statements are interrelated, with each one affecting the others. For example, an increase in Ligitek Electronics' assets may result in an increase in income on the income statement.
The data published in Ligitek Electronics' official financial statements typically reflect Ligitek Electronics' business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Ligitek Electronics' quantitative information. For example, before you start analyzing numbers published by Ligitek accountants, it’s essential to understand Ligitek Electronics' liquidity, profitability, and earnings quality within the context of the Technology space in which it operates.
Please note, the imprecision that can be found in Ligitek Electronics' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ligitek Electronics Co. Check Ligitek Electronics' Beneish M Score to see the likelihood of Ligitek Electronics' management manipulating its earnings.
Ligitek Electronics Stock Summary
Ligitek Electronics competes with Shih Kuen, Goldsun Building, Shanghai Commercial, Gigasolar Materials, and Jia Jie. Ligitek Electronics Co., Ltd. designs, develops, manufactures, and sells a range of optoelectronic components for lighting applications in Taiwan and internationally. The company was founded in 1989 and is headquartered in New Taipei City, Taiwan. LIGITEK ELECTRONICS operates under Electronic Components classification in Taiwan and is traded on Taiwan OTC Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan OTC Exchange |
| ISIN | TW0008111006 |
| Business Address | No 238, Bo-Ai |
| Sector | Technology |
| Industry | Electronic Components |
| Benchmark | NYSE Composite |
| Website | www.ligitek.com |
| Phone | 886 2 7703 6000 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Ligitek Electronics without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Ligitek Stock, because this is throwing your money away. Analyzing the key information contained in Ligitek Electronics' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Ligitek Electronics Key Financial Ratios
There are many critical financial ratios that Ligitek Electronics' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Ligitek Electronics reports annually and quarterly.| Return On Equity | 0.26 | |||
| Return On Asset | 0.0114 | |||
| Number Of Employees | 13 | |||
| Beta | 0.72 | |||
| Z Score | 42.0 |
Ligitek Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ligitek Electronics's current stock value. Our valuation model uses many indicators to compare Ligitek Electronics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ligitek Electronics competition to find correlations between indicators driving Ligitek Electronics's intrinsic value. More Info.Ligitek Electronics Co is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.04 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Ligitek Electronics Co is roughly 23.21 . 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 Ligitek Electronics' earnings, one of the primary drivers of an investment's value.Ligitek Electronics Systematic Risk
Ligitek Electronics' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ligitek Electronics 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 Ligitek Electronics correlated with the market. If Beta is less than 0 Ligitek Electronics generally moves in the opposite direction as compared to the market. If Ligitek Electronics Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ligitek Electronics is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ligitek Electronics is generally in the same direction as the market. If Beta > 1 Ligitek Electronics moves generally in the same direction as, but more than the movement of the benchmark.
Ligitek Electronics Thematic Clasifications
Ligitek Electronics Co is part of Electronics investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Electronic manufacturers. Companies manufacturing electronic appliances and goods
This theme covers Electronic manufacturers. Companies manufacturing electronic appliances and goods. Get More Thematic Ideas
| Electronics | View |
Ligitek Electronics June 13, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Ligitek Electronics help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ligitek Electronics Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ligitek Electronics Co based on widely used predictive technical indicators. In general, we focus on analyzing Ligitek Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ligitek Electronics's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.2 | |||
| Information Ratio | 0.103 | |||
| Maximum Drawdown | 11.28 | |||
| Value At Risk | (3.46) | |||
| Potential Upside | 6.09 |
Additional Tools for Ligitek Stock Analysis
When running Ligitek Electronics' price analysis, check to measure Ligitek Electronics' 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 Ligitek Electronics is operating at the current time. Most of Ligitek Electronics' value examination focuses on studying past and present price action to predict the probability of Ligitek Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ligitek Electronics' price. Additionally, you may evaluate how the addition of Ligitek Electronics to your portfolios can decrease your overall portfolio volatility.