Zhejiang Qianjiang Motorcycle Stock Working Capital
000913 Stock | 16.40 0.80 4.65% |
Zhejiang Qianjiang Motorcycle fundamentals help investors to digest information that contributes to Zhejiang Qianjiang's financial success or failures. It also enables traders to predict the movement of Zhejiang Stock. The fundamental analysis module provides a way to measure Zhejiang Qianjiang'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 Zhejiang Qianjiang stock.
As of November 23, 2024, Net Working Capital is expected to decline to about 1.8 B. The current year's Change In Working Capital is expected to grow to about (85.2 M). Zhejiang | Working Capital |
Zhejiang Qianjiang Motorcycle Company Working Capital Analysis
Zhejiang Qianjiang'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. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current Zhejiang Qianjiang Working Capital | 3.43 B |
Most of Zhejiang Qianjiang'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, Zhejiang Qianjiang Motorcycle 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 |
Zhejiang Net Invested Capital
Net Invested Capital |
|
In accordance with the company's disclosures, Zhejiang Qianjiang Motorcycle has a Working Capital of 3.43 B. This is much higher than that of the Automobiles sector and significantly higher than that of the Consumer Discretionary industry. The working capital for all China stocks is notably lower than that of the firm.
Zhejiang Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Zhejiang Qianjiang'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 Zhejiang Qianjiang could also be used in its relative valuation, which is a method of valuing Zhejiang Qianjiang by comparing valuation metrics of similar companies.Zhejiang Qianjiang is currently under evaluation in working capital category among its peers.
Zhejiang Fundamentals
Return On Equity | 0.12 | ||||
Return On Asset | 0.0289 | ||||
Profit Margin | 0.09 % | ||||
Operating Margin | 0.12 % | ||||
Current Valuation | 3.48 B | ||||
Shares Outstanding | 526.67 M | ||||
Shares Owned By Insiders | 55.40 % | ||||
Shares Owned By Institutions | 7.22 % | ||||
Price To Book | 2.01 X | ||||
Price To Sales | 1.50 X | ||||
Revenue | 5.1 B | ||||
Gross Profit | 1.53 B | ||||
EBITDA | 549.55 M | ||||
Net Income | 464.02 M | ||||
Total Debt | 13.13 M | ||||
Book Value Per Share | 8.65 X | ||||
Cash Flow From Operations | 591.02 M | ||||
Earnings Per Share | 0.97 X | ||||
Target Price | 21.82 | ||||
Number Of Employees | 4.54 K | ||||
Beta | 1.09 | ||||
Market Capitalization | 8.91 B | ||||
Total Asset | 8.47 B | ||||
Retained Earnings | 1.54 B | ||||
Working Capital | 3.43 B | ||||
Annual Yield | 0.04 % | ||||
Net Asset | 8.47 B | ||||
Last Dividend Paid | 0.78 |
About Zhejiang Qianjiang Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Zhejiang Qianjiang Motorcycle's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zhejiang Qianjiang using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Zhejiang Qianjiang Motorcycle 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.
Also Currently Popular
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 Zhejiang Stock
Zhejiang Qianjiang financial ratios help investors to determine whether Zhejiang 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 Zhejiang with respect to the benefits of owning Zhejiang Qianjiang security.