Sinosteel Engineering And Stock Working Capital

000928 Stock   7.10  0.21  3.05%   
Sinosteel Engineering and fundamentals help investors to digest information that contributes to Sinosteel Engineering's financial success or failures. It also enables traders to predict the movement of Sinosteel Stock. The fundamental analysis module provides a way to measure Sinosteel Engineering'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 Sinosteel Engineering stock.
The current year's Change In Working Capital is expected to grow to about 288.7 M, whereas Net Working Capital is forecasted to decline to about 624.4 M.
  
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Sinosteel Engineering and Company Working Capital Analysis

Sinosteel Engineering'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

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Current Liabilities

More About Working Capital | All Equity Analysis

Current Sinosteel Engineering Working Capital

    
  657.22 M  
Most of Sinosteel Engineering'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, Sinosteel Engineering and 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

Sinosteel Net Invested Capital

Net Invested Capital

7.7 Billion

At present, Sinosteel Engineering's Net Invested Capital is projected to increase significantly based on the last few years of reporting.
In accordance with the company's disclosures, Sinosteel Engineering and has a Working Capital of 657.22 M. This is 103.97% higher than that of the Construction & Engineering sector and 36.47% higher than that of the Industrials industry. The working capital for all China stocks is 55.54% higher than that of the company.

Sinosteel Working Capital Peer Comparison

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

Sinosteel Fundamentals

About Sinosteel Engineering Fundamental Analysis

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

Sinosteel Engineering financial ratios help investors to determine whether Sinosteel 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 Sinosteel with respect to the benefits of owning Sinosteel Engineering security.