Shanxi Tond Chemical Stock Working Capital

002360 Stock   5.46  0.17  3.21%   
Shanxi Tond Chemical fundamentals help investors to digest information that contributes to Shanxi Tond's financial success or failures. It also enables traders to predict the movement of Shanxi Stock. The fundamental analysis module provides a way to measure Shanxi Tond'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 Shanxi Tond stock.
The current year's Change In Working Capital is expected to grow to about 76 M, whereas Net Working Capital is projected to grow to (244.5 M).
  
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Shanxi Tond Chemical Company Working Capital Analysis

Shanxi Tond'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 Shanxi Tond Working Capital

    
  (257.4 M)  
Most of Shanxi Tond'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, Shanxi Tond Chemical 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

Shanxi Net Invested Capital

Net Invested Capital

1.9 Billion

At present, Shanxi Tond's Net Invested Capital is projected to increase significantly based on the last few years of reporting.
In accordance with the company's disclosures, Shanxi Tond Chemical has a Working Capital of (257.4 Million). This is 135.95% lower than that of the Chemicals sector and 148.83% lower than that of the Materials industry. The working capital for all China stocks is 117.41% higher than that of the company.

Shanxi Working Capital Peer Comparison

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

Shanxi Fundamentals

About Shanxi Tond Fundamental Analysis

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

Shanxi Tond financial ratios help investors to determine whether Shanxi 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 Shanxi with respect to the benefits of owning Shanxi Tond security.