Qingdao Hi Tech Moulds Stock Net Asset

301022 Stock   20.01  0.19  0.94%   
Qingdao Hi Tech Moulds fundamentals help investors to digest information that contributes to Qingdao Hi's financial success or failures. It also enables traders to predict the movement of Qingdao Stock. The fundamental analysis module provides a way to measure Qingdao Hi'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 Qingdao Hi stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Qingdao Hi Tech Moulds Company Net Asset Analysis

Qingdao Hi's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

Net Asset

 = 

Current Market Value

-

Current Liabilities

More About Net Asset | All Equity Analysis

Current Qingdao Hi Net Asset

    
  1.85 B  
Most of Qingdao Hi's fundamental indicators, such as Net 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, Qingdao Hi Tech Moulds is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Qingdao Total Assets

Total Assets

1.28 Billion

At present, Qingdao Hi's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the recorded statements, Qingdao Hi Tech Moulds has a Net Asset of 1.85 B. This is much higher than that of the Machinery sector and significantly higher than that of the Industrials industry. The net asset for all China stocks is notably lower than that of the firm.

Qingdao Net Asset Peer Comparison

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

Qingdao Fundamentals

About Qingdao Hi Fundamental Analysis

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

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