Chaince Net Working Capital from 2010 to 2026

CD Stock  USD 4.46  0.51  10.26%   
Chaince Digital's Net Working Capital is increasing over the years with slightly volatile fluctuation. Overall, Net Working Capital is expected to go to about 22.3 M this year. During the period from 2010 to 2026 Chaince Digital Net Working Capital annual values regression line had geometric mean of  1,084,602 and mean square error of 27.3 T. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
21.2 M
Current Value
22.3 M
Quarterly Volatility
8.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Chaince Digital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Chaince Digital's main balance sheet or income statement drivers, such as Depreciation And Amortization of 577.7 K, Interest Expense of 220.2 K or Selling General Administrative of 1.8 M, as well as many indicators such as Price To Sales Ratio of 390, Dividend Yield of 0.0 or PTB Ratio of 16.3. Chaince financial statements analysis is a perfect complement when working with Chaince Digital Valuation or Volatility modules.
  
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Check out the analysis of Chaince Digital Correlation against competitors.

Latest Chaince Digital's Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Chaince Digital Holdings over the last few years. It is Chaince Digital's Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Chaince Digital's overall financial position and show how it may be relating to other accounts over time.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Chaince Net Working Capital Regression Statistics

Arithmetic Mean4,934,040
Geometric Mean1,084,602
Coefficient Of Variation163.53
Mean Deviation6,443,461
Median369,922
Standard Deviation8,068,835
Sample Variance65.1T
Range21.9M
R-Value0.78
Mean Square Error27.3T
R-Squared0.61
Significance0.0002
Slope1,244,402
Total Sum of Squares1041.7T

Chaince Net Working Capital History

202622.3 M
202521.2 M
202418.4 M
202311.4 M
20226.1 M

About Chaince Digital Financial Statements

Chaince Digital stakeholders use historical fundamental indicators, such as Chaince Digital's Net Working Capital, to determine how well the company is positioned to perform in the future. Although Chaince Digital investors may analyze each financial statement separately, they are all interrelated. For example, changes in Chaince Digital's assets and liabilities are reflected in the revenues and expenses on Chaince Digital'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 Chaince Digital Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Working Capital21.2 M22.3 M

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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.
Check out the analysis of Chaince Digital Correlation against competitors.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is IT Consulting & Other Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chaince Digital. If investors know Chaince will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chaince Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Chaince Digital Holdings is measured differently than its book value, which is the value of Chaince that is recorded on the company's balance sheet. Investors also form their own opinion of Chaince Digital's value that differs from its market value or its book value, called intrinsic value, which is Chaince Digital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chaince Digital's market value can be influenced by many factors that don't directly affect Chaince Digital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chaince Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chaince Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chaince Digital'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.