Elite Color Environmental Stock Total Asset

002998 Stock   6.88  0.40  5.49%   
Elite Color Environmental fundamentals help investors to digest information that contributes to Elite Color's financial success or failures. It also enables traders to predict the movement of Elite Stock. The fundamental analysis module provides a way to measure Elite Color'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 Elite Color stock.
Last ReportedProjected for Next Year
Total Assets2.5 B1.8 B
As of November 27, 2024, Total Assets is expected to decline to about 1.8 B.
  
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Elite Color Environmental Company Total Asset Analysis

Elite Color'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 Elite Color Total Asset

    
  2.46 B  
Most of Elite Color'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, Elite Color Environmental 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

Elite Total Assets

Total Assets

1.77 Billion

At present, Elite Color's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Elite Color Environmental has a Total Asset of 2.46 B. This is 85.89% lower than that of the Chemicals sector and 49.77% lower than that of the Materials industry. The total asset for all China stocks is 91.65% higher than that of the company.

Elite Total Asset Peer Comparison

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

Elite Fundamentals

About Elite Color Fundamental Analysis

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

Elite Color financial ratios help investors to determine whether Elite 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 Elite with respect to the benefits of owning Elite Color security.