China Development Financial Stock Current Ratio
2883 Stock | TWD 17.25 0.05 0.29% |
China Development Financial fundamentals help investors to digest information that contributes to China Development's financial success or failures. It also enables traders to predict the movement of China Stock. The fundamental analysis module provides a way to measure China Development'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 China Development stock.
China |
China Development Financial Company Current Ratio Analysis
China Development's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition |
In accordance with the recently published financial statements, China Development Financial has a Current Ratio of 0.0 times. This is 100.0% lower than that of the Banks sector and 100.0% lower than that of the Financials industry. The current ratio for all Taiwan stocks is 100.0% higher than that of the company.
China Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses China Development's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of China Development could also be used in its relative valuation, which is a method of valuing China Development by comparing valuation metrics of similar companies.China Development is currently under evaluation in current ratio category among its peers.
China Fundamentals
Return On Equity | 0.11 | |||
Return On Asset | 0.0073 | |||
Profit Margin | 0.60 % | |||
Operating Margin | 0.87 % | |||
Current Valuation | (141.94 B) | |||
Shares Outstanding | 16.85 B | |||
Shares Owned By Insiders | 7.39 % | |||
Shares Owned By Institutions | 18.79 % | |||
Price To Earning | 16.64 X | |||
Price To Book | 1.42 X | |||
Price To Sales | 5.24 X | |||
Revenue | 183.59 B | |||
Gross Profit | 87.81 B | |||
Net Income | 35.04 B | |||
Cash And Equivalents | 1.04 T | |||
Cash Per Share | 71.25 X | |||
Total Debt | 341.2 B | |||
Book Value Per Share | 9.04 X | |||
Cash Flow From Operations | 59.29 B | |||
Earnings Per Share | 1.50 X | |||
Price To Earnings To Growth | 24.76 X | |||
Target Price | 12.4 | |||
Number Of Employees | 13.2 K | |||
Beta | 0.69 | |||
Market Capitalization | 219.83 B | |||
Total Asset | 3.46 T | |||
Retained Earnings | 19.63 B | |||
Working Capital | (151.23 B) | |||
Current Asset | 432.73 B | |||
Current Liabilities | 583.96 B | |||
Annual Yield | 0.08 % | |||
Five Year Return | 5.55 % | |||
Net Asset | 3.46 T | |||
Last Dividend Paid | 1.0 |
About China Development Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze China Development Financial's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of China Development using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of China Development Financial 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.Additional Tools for China Stock Analysis
When running China Development's price analysis, check to measure China Development's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy China Development is operating at the current time. Most of China Development's value examination focuses on studying past and present price action to predict the probability of China Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Development's price. Additionally, you may evaluate how the addition of China Development to your portfolios can decrease your overall portfolio volatility.