Shandong Hongchuang Aluminum Stock Total Asset

002379 Stock   7.44  0.12  1.64%   
Shandong Hongchuang Aluminum fundamentals help investors to digest information that contributes to Shandong Hongchuang's financial success or failures. It also enables traders to predict the movement of Shandong Stock. The fundamental analysis module provides a way to measure Shandong Hongchuang'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 Shandong Hongchuang stock.
Last ReportedProjected for Next Year
Total AssetsB2.9 B
As of December 3, 2024, Total Assets is expected to decline to about 2.9 B.
  
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Shandong Hongchuang Aluminum Company Total Asset Analysis

Shandong Hongchuang'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.

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current Shandong Hongchuang Total Asset

    
  2.98 B  
Most of Shandong Hongchuang'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, Shandong Hongchuang Aluminum 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.
Competition

Shandong Total Assets

Total Assets

2.94 Billion

At present, Shandong Hongchuang's Total Assets are projected to decrease significantly based on the last few years of reporting.
Based on the latest financial disclosure, Shandong Hongchuang Aluminum has a Total Asset of 2.98 B. This is 82.9% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The total asset for all China stocks is 89.88% higher than that of the company.

Shandong Total Asset Peer Comparison

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

Shandong Fundamentals

About Shandong Hongchuang Fundamental Analysis

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

Shandong Hongchuang financial ratios help investors to determine whether Shandong 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 Shandong with respect to the benefits of owning Shandong Hongchuang security.