Guangdong Skychem Technology Stock Working Capital
688603 Stock | 118.49 6.06 4.87% |
Guangdong Skychem Technology fundamentals help investors to digest information that contributes to Guangdong Skychem's financial success or failures. It also enables traders to predict the movement of Guangdong Stock. The fundamental analysis module provides a way to measure Guangdong Skychem'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 Guangdong Skychem stock.
Guangdong |
Guangdong Skychem Technology Company Working Capital Analysis
Guangdong Skychem'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. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
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 |
In accordance with the company's disclosures, Guangdong Skychem Technology has a Working Capital of 0.0. This indicator is about the same for the average (which is currently at 0.0) sector and about the same as Working Capital (which currently averages 0.0) industry. This indicator is about the same for all China stocks average (which is currently at 0.0).
Guangdong Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Guangdong Skychem'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 Guangdong Skychem could also be used in its relative valuation, which is a method of valuing Guangdong Skychem by comparing valuation metrics of similar companies.Guangdong Skychem is currently under evaluation in working capital category among its peers.
Guangdong Fundamentals
Current Valuation | 6.45 B | |||
Price To Book | 6.58 X | |||
Price To Sales | 20.28 X | |||
Annual Yield | 0.01 % |
About Guangdong Skychem Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Guangdong Skychem Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Guangdong Skychem using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Guangdong Skychem Technology 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 Guangdong Stock
Guangdong Skychem financial ratios help investors to determine whether Guangdong 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 Guangdong with respect to the benefits of owning Guangdong Skychem security.