Hainan Drinda Automotive Stock Cash And Equivalents

002865 Stock   69.52  2.48  3.44%   
Hainan Drinda Automotive fundamentals help investors to digest information that contributes to Hainan Drinda's financial success or failures. It also enables traders to predict the movement of Hainan Stock. The fundamental analysis module provides a way to measure Hainan Drinda'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 Hainan Drinda stock.
  
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Hainan Drinda Automotive Company Cash And Equivalents Analysis

Hainan Drinda's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Cash

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Bank Deposits

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Liquidities

More About Cash And Equivalents | All Equity Analysis
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Competition

In accordance with the recently published financial statements, Hainan Drinda Automotive has 0.0 in Cash And Equivalents. This is 100.0% lower than that of the Semiconductors & Semiconductor Equipment sector and about the same as Information Technology (which currently averages 0.0) industry. The cash and equivalents for all China stocks is 100.0% higher than that of the company.

Hainan Cash And Equivalents Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hainan Drinda's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hainan Drinda could also be used in its relative valuation, which is a method of valuing Hainan Drinda by comparing valuation metrics of similar companies.
Hainan Drinda is currently under evaluation in cash and equivalents category among its peers.

Hainan Fundamentals

About Hainan Drinda Fundamental Analysis

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

Hainan Drinda financial ratios help investors to determine whether Hainan 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 Hainan with respect to the benefits of owning Hainan Drinda security.