Shengda Mining Co Stock Working Capital

000603 Stock   15.89  0.54  3.29%   
Shengda Mining Co fundamentals help investors to digest information that contributes to Shengda Mining's financial success or failures. It also enables traders to predict the movement of Shengda Stock. The fundamental analysis module provides a way to measure Shengda Mining'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 Shengda Mining stock.
The current year's Net Working Capital is expected to grow to about (56.8 M). The current year's Change In Working Capital is expected to grow to about (121.9 M).
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Shengda Mining Co Company Working Capital Analysis

Shengda Mining'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

 = 

Current Assets

-

Current Liabilities

More About Working Capital | All Equity Analysis

Current Shengda Mining Working Capital

    
  (66.46 M)  
Most of Shengda Mining'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, Shengda Mining Co 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

Shengda Net Invested Capital

Net Invested Capital

3.53 Billion

At present, Shengda Mining's Net Invested Capital is projected to increase significantly based on the last few years of reporting.
In accordance with the company's disclosures, Shengda Mining Co has a Working Capital of (66.46 Million). This is 109.28% 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 104.5% higher than that of the company.

Shengda Working Capital Peer Comparison

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

Shengda Fundamentals

About Shengda Mining Fundamental Analysis

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Shengda Stock

Shengda Mining financial ratios help investors to determine whether Shengda 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 Shengda with respect to the benefits of owning Shengda Mining security.