Shenyang Chemical Industry Stock Working Capital

000698 Stock   3.73  0.08  2.19%   
Shenyang Chemical Industry fundamentals help investors to digest information that contributes to Shenyang Chemical's financial success or failures. It also enables traders to predict the movement of Shenyang Stock. The fundamental analysis module provides a way to measure Shenyang Chemical's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Shenyang Chemical stock.
As of November 29, 2024, Net Working Capital is expected to decline to about (1.5 B). In addition to that, Change In Working Capital is expected to decline to about (85.8 M).
  
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Shenyang Chemical Industry Company Working Capital Analysis

Shenyang Chemical's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

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Current Assets

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Current Liabilities

More About Working Capital | All Equity Analysis

Current Shenyang Chemical Working Capital

    
  (1.43 B)  
Most of Shenyang Chemical's fundamental indicators, such as Working Capital, 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, Shenyang Chemical Industry is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Competition

Shenyang Net Invested Capital

Net Invested Capital

4.82 Billion

At present, Shenyang Chemical's Net Invested Capital is projected to decrease significantly based on the last few years of reporting.
In accordance with the company's disclosures, Shenyang Chemical Industry has a Working Capital of (1.43 Billion). This is 300.33% lower than that of the Chemicals sector and significantly lower than that of the Materials industry. The working capital for all China stocks is 197.04% higher than that of the company.

Shenyang Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Shenyang Chemical's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Shenyang Chemical could also be used in its relative valuation, which is a method of valuing Shenyang Chemical by comparing valuation metrics of similar companies.
Shenyang Chemical is currently under evaluation in working capital category among its peers.

Shenyang Fundamentals

About Shenyang Chemical Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Shenyang Chemical Industry's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shenyang Chemical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shenyang Chemical Industry based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in Shenyang Stock

Shenyang Chemical financial ratios help investors to determine whether Shenyang 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 Shenyang with respect to the benefits of owning Shenyang Chemical security.