Zhejiang Weixing New Stock Book Value Per Share

002372 Stock   12.99  0.72  5.87%   
Zhejiang Weixing New fundamentals help investors to digest information that contributes to Zhejiang Weixing'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 Weixing'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 Weixing stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Zhejiang Weixing New Company Book Value Per Share Analysis

Zhejiang Weixing's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Book Value per Share

 = 

Common Equity

Average Shares

More About Book Value Per Share | All Equity Analysis

Current Zhejiang Weixing Book Value Per Share

    
  3.03 X  
Most of Zhejiang Weixing's fundamental indicators, such as Book Value Per Share, 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 Weixing New is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Competition

Zhejiang Common Stock Shares Outstanding

Common Stock Shares Outstanding

1.74 Billion

At present, Zhejiang Weixing's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting.
In accordance with the recently published financial statements, the book value per share of Zhejiang Weixing New is about 3.031 times. This is 99.99% lower than that of the Building Products sector and significantly higher than that of the Industrials industry. The book value per share for all China stocks is 99.84% higher than that of the company.

Zhejiang Book Value Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Zhejiang Weixing's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Zhejiang Weixing could also be used in its relative valuation, which is a method of valuing Zhejiang Weixing by comparing valuation metrics of similar companies.
Zhejiang Weixing is currently under evaluation in book value per share category among its peers.

Zhejiang Fundamentals

About Zhejiang Weixing Fundamental Analysis

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

Zhejiang Weixing 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 Weixing security.