Angang Steel Co Stock Total Asset

000898 Stock   2.28  0.01  0.44%   
Angang Steel Co fundamentals help investors to digest information that contributes to Angang Steel's financial success or failures. It also enables traders to predict the movement of Angang Stock. The fundamental analysis module provides a way to measure Angang Steel'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 Angang Steel stock.
Last ReportedProjected for Next Year
Total Assets111.6 B100.6 B
As of February 1, 2025, Total Assets is expected to decline to about 100.6 B.
  
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Angang Steel Co Company Total Asset Analysis

Angang Steel's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current Angang Steel Total Asset

    
  97.01 B  
Most of Angang Steel's fundamental indicators, such as Total Asset, 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, Angang Steel Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

Angang Total Assets

Total Assets

100.62 Billion

At present, Angang Steel's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Angang Steel Co has a Total Asset of 97.01 B. This is much higher than that of the Metals & Mining sector and 225.77% higher than that of the Materials industry. The total asset for all China stocks is significantly lower than that of the firm.

Angang Total Asset Peer Comparison

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

Angang Fundamentals

About Angang Steel Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Angang Steel Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Angang Steel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Angang Steel Co 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 Angang Stock

Angang Steel financial ratios help investors to determine whether Angang 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 Angang with respect to the benefits of owning Angang Steel security.