Shandong Financial Statements From 2010 to 2024
| 002476 Stock | 4.45 0.16 3.47% |
Check Shandong Polymer financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shandong Polymer's main balance sheet or income statement drivers, such as , as well as many indicators such as . Shandong financial statements analysis is a perfect complement when working with Shandong Polymer Valuation or Volatility modules.
Shandong |
Shandong Polymer Biochemicals Company Current Valuation Analysis
Shandong Polymer'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 Shandong Polymer Current Valuation | 2.48 B |
Most of Shandong Polymer'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, Shandong Polymer Biochemicals 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.
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In accordance with the recently published financial statements, Shandong Polymer Biochemicals has a Current Valuation of 2.48 B. This is 78.23% lower than that of the Chemicals sector and significantly higher than that of the Materials industry. The current valuation for all China stocks is 85.06% higher than that of the company.
Shandong Polymer Bio Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Shandong Polymer's current stock value. Our valuation model uses many indicators to compare Shandong Polymer value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Shandong Polymer competition to find correlations between indicators driving Shandong Polymer's intrinsic value. More Info.Shandong Polymer Biochemicals 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 0.02 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Shandong Polymer Biochemicals is roughly 57.20 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Shandong Polymer by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Shandong Polymer'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.About Shandong Polymer Financial Statements
Shandong Polymer stakeholders use historical fundamental indicators, such as Shandong Polymer's revenue or net income, to determine how well the company is positioned to perform in the future. Although Shandong Polymer investors may analyze each financial statement separately, they are all interrelated. For example, changes in Shandong Polymer's assets and liabilities are reflected in the revenues and expenses on Shandong Polymer's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Shandong Polymer Biochemicals. Please read more on our technical analysis and fundamental analysis pages.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Shandong Stock
Shandong Polymer financial ratios help investors to determine whether Shandong 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 Shandong with respect to the benefits of owning Shandong Polymer security.