Xinke Material Stock Working Capital

600255 Stock   2.35  0.06  2.62%   
Xinke Material fundamentals help investors to digest information that contributes to Xinke Material's financial success or failures. It also enables traders to predict the movement of Xinke Stock. The fundamental analysis module provides a way to measure Xinke Material'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 Xinke Material stock.
The current year's Net Working Capital is expected to grow to about (54.5 M). The current year's Change In Working Capital is expected to grow to about (63.7 M).
  
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Xinke Material Company Working Capital Analysis

Xinke Material's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

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Current Assets

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Current Liabilities

More About Working Capital | All Equity Analysis

Current Xinke Material Working Capital

    
  (57.33 M)  
Most of Xinke Material's fundamental indicators, such as Working Capital, 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, Xinke Material is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Competition

Xinke Net Invested Capital

Net Invested Capital

1.77 Billion

At present, Xinke Material's Net Invested Capital is projected to decrease significantly based on the last few years of reporting.
In accordance with the company's disclosures, Xinke Material has a Working Capital of (57.33 Million). This is 108.01% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The working capital for all China stocks is 103.88% higher than that of the company.

Xinke Working Capital Peer Comparison

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

Xinke Fundamentals

About Xinke Material Fundamental Analysis

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

Xinke Material financial ratios help investors to determine whether Xinke 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 Xinke with respect to the benefits of owning Xinke Material security.