Luolai Home Textile Stock Total Asset

002293 Stock   7.67  0.24  3.03%   
Luolai Home Textile fundamentals help investors to digest information that contributes to Luolai Home's financial success or failures. It also enables traders to predict the movement of Luolai Stock. The fundamental analysis module provides a way to measure Luolai Home'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 Luolai Home stock.
Last ReportedProjected for Next Year
Total Assets6.8 B3.7 B
As of November 23, 2024, Total Assets is expected to decline to about 3.7 B.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Luolai Home Textile Company Total Asset Analysis

Luolai Home'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 Luolai Home Total Asset

    
  6.8 B  
Most of Luolai Home'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, Luolai Home Textile 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

Luolai Total Assets

Total Assets

3.68 Billion

At present, Luolai Home's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Luolai Home Textile has a Total Asset of 6.8 B. This is much higher than that of the Textiles, Apparel & Luxury Goods sector and significantly higher than that of the Consumer Discretionary industry. The total asset for all China stocks is notably lower than that of the firm.

Luolai Total Asset Peer Comparison

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

Luolai Fundamentals

About Luolai Home Fundamental Analysis

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

Luolai Home financial ratios help investors to determine whether Luolai 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 Luolai with respect to the benefits of owning Luolai Home security.