Red Avenue New Stock Total Asset
| 603650 Stock | 34.20 0.38 1.12% |
Red Avenue New fundamentals help investors to digest information that contributes to Red Avenue's financial success or failures. It also enables traders to predict the movement of Red Stock. The fundamental analysis module provides a way to measure Red Avenue'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 Red Avenue stock.
| Last Reported | Projected for Next Year | ||
| Total Assets | 7.3 B | 4.9 B |
Red | Total Asset |
Red Avenue New Company Total Asset Analysis
Red Avenue'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.
Current Red Avenue Total Asset | 7.33 B |
Most of Red Avenue'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, Red Avenue New 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.
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Red Net Tangible Assets
Net Tangible Assets |
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Based on the latest financial disclosure, Red Avenue New has a Total Asset of 7.33 B. This is 57.94% lower than that of the Chemicals sector and 49.7% higher than that of the Materials industry. The total asset for all China stocks is 75.11% higher than that of the company.
Red Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Red Avenue'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 Red Avenue could also be used in its relative valuation, which is a method of valuing Red Avenue by comparing valuation metrics of similar companies.Red Avenue is currently under evaluation in total asset category among its peers.
Red Fundamentals
| Return On Equity | 0.15 | ||||
| Return On Asset | 0.0235 | ||||
| Profit Margin | 0.16 % | ||||
| Operating Margin | 0.1 % | ||||
| Current Valuation | 22.61 B | ||||
| Shares Outstanding | 599.08 M | ||||
| Shares Owned By Insiders | 71.45 % | ||||
| Shares Owned By Institutions | 2.69 % | ||||
| Price To Book | 6.05 X | ||||
| Price To Sales | 6.42 X | ||||
| Revenue | 2.94 B | ||||
| Gross Profit | 585.08 M | ||||
| EBITDA | 435.09 M | ||||
| Net Income | 406.6 M | ||||
| Total Debt | 475.15 M | ||||
| Book Value Per Share | 5.59 X | ||||
| Cash Flow From Operations | 184.12 M | ||||
| Earnings Per Share | 0.82 X | ||||
| Target Price | 32.0 | ||||
| Number Of Employees | 1.15 K | ||||
| Beta | 0.38 | ||||
| Market Capitalization | 20.26 B | ||||
| Total Asset | 7.33 B | ||||
| Retained Earnings | 1.72 B | ||||
| Working Capital | 736.13 M | ||||
| Net Asset | 7.33 B | ||||
| Last Dividend Paid | 0.59 |
About Red Avenue Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Red Avenue New's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Red Avenue using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Red Avenue New 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 Red Stock
Red Avenue financial ratios help investors to determine whether Red 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 Red with respect to the benefits of owning Red Avenue security.