Shaanxi Meineng Clean Stock Working Capital

001299 Stock   13.98  0.61  4.56%   
Shaanxi Meineng Clean fundamentals help investors to digest information that contributes to Shaanxi Meineng's financial success or failures. It also enables traders to predict the movement of Shaanxi Stock. The fundamental analysis module provides a way to measure Shaanxi Meineng'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 Shaanxi Meineng stock.
The current year's Net Working Capital is expected to grow to about 802.2 M, whereas Change In Working Capital is forecasted to decline to about 19.7 M.
  
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Shaanxi Meineng Clean Company Working Capital Analysis

Shaanxi Meineng'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

 = 

Current Assets

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Current Liabilities

More About Working Capital | All Equity Analysis

Current Shaanxi Meineng Working Capital

    
  664.32 M  
Most of Shaanxi Meineng'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, Shaanxi Meineng Clean 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

Shaanxi Net Invested Capital

Net Invested Capital

814.4 Million

At present, Shaanxi Meineng's Net Invested Capital is projected to increase significantly based on the last few years of reporting.
In accordance with the company's disclosures, Shaanxi Meineng Clean has a Working Capital of 664.32 M. This is 113.12% lower than that of the Gas Utilities sector and significantly higher than that of the Utilities industry. The working capital for all China stocks is 55.06% higher than that of the company.

Shaanxi Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Shaanxi Meineng'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 Shaanxi Meineng could also be used in its relative valuation, which is a method of valuing Shaanxi Meineng by comparing valuation metrics of similar companies.
Shaanxi Meineng is currently under evaluation in working capital category among its peers.

Shaanxi Fundamentals

About Shaanxi Meineng Fundamental Analysis

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

Shaanxi Meineng financial ratios help investors to determine whether Shaanxi 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 Shaanxi with respect to the benefits of owning Shaanxi Meineng security.