Bank Of Qingdao Stock Total Asset

002948 Stock   3.74  0.01  0.27%   
Bank of Qingdao fundamentals help investors to digest information that contributes to Bank of Qingdao's financial success or failures. It also enables traders to predict the movement of Bank Stock. The fundamental analysis module provides a way to measure Bank of Qingdao'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 Bank of Qingdao stock.
Last ReportedProjected for Next Year
Total Assets608 B437.9 B
As of December 3, 2024, Total Assets is expected to decline to about 437.9 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.

Bank of Qingdao Company Total Asset Analysis

Bank of Qingdao'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 Bank of Qingdao Total Asset

    
  607.99 B  
Most of Bank of Qingdao'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, Bank of Qingdao 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

Bank Total Assets

Total Assets

437.86 Billion

At present, Bank of Qingdao's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Bank of Qingdao has a Total Asset of 607.99 B. This is 147.38% higher than that of the Banks sector and significantly higher than that of the Financials industry. The total asset for all China stocks is significantly lower than that of the firm.

Bank Total Asset Peer Comparison

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

Bank Fundamentals

About Bank of Qingdao Fundamental Analysis

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

Bank of Qingdao financial ratios help investors to determine whether Bank 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 Bank with respect to the benefits of owning Bank of Qingdao security.