Zhejiang Yongjin Metal Stock Net Asset

603995 Stock   18.47  0.19  1.02%   
Zhejiang Yongjin Metal fundamentals help investors to digest information that contributes to Zhejiang Yongjin's financial success or failures. It also enables traders to predict the movement of Zhejiang Stock. The fundamental analysis module provides a way to measure Zhejiang Yongjin'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 Zhejiang Yongjin 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.

Zhejiang Yongjin Metal Company Net Asset Analysis

Zhejiang Yongjin'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

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Current Liabilities

More About Net Asset | All Equity Analysis

Current Zhejiang Yongjin Net Asset

    
  12.58 B  
Most of Zhejiang Yongjin'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, Zhejiang Yongjin Metal 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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Zhejiang Total Assets

Total Assets

7.42 Billion

At present, Zhejiang Yongjin's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the recorded statements, Zhejiang Yongjin Metal has a Net Asset of 12.58 B. This is much higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The net asset for all China stocks is notably lower than that of the firm.

Zhejiang Net Asset Peer Comparison

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

Zhejiang Fundamentals

About Zhejiang Yongjin Fundamental Analysis

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

Zhejiang Yongjin financial ratios help investors to determine whether Zhejiang 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 Zhejiang with respect to the benefits of owning Zhejiang Yongjin security.