Zhejiang Satellite Petrochemical Stock Cash Per Share

002648 Stock   17.92  0.11  0.62%   
Zhejiang Satellite Petrochemical fundamentals help investors to digest information that contributes to Zhejiang Satellite'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 Satellite'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 Satellite stock.
  
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Zhejiang Satellite Petrochemical Company Cash Per Share Analysis

Zhejiang Satellite's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Cash Per Share

 = 

Total Cash

Average Shares

More About Cash Per Share | All Equity Analysis
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
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Zhejiang Common Stock Shares Outstanding

Common Stock Shares Outstanding

2.3 Billion

At present, Zhejiang Satellite'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, Zhejiang Satellite Petrochemical has a Cash Per Share of 0.0 times. This is 100.0% lower than that of the Chemicals sector and 100.0% lower than that of the Materials industry. The cash per share for all China stocks is 100.0% higher than that of the company.

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Zhejiang Fundamentals

About Zhejiang Satellite Fundamental Analysis

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