Bank Of Qingdao Stock Cash And Equivalents
002948 Stock | 3.87 0.03 0.78% |
Bank of Qingdao fundamentals help investors to digest information that contributes to Bank of Qingdao's financial success or failures. It also enables traders to predict the movement of Bank Stock. The fundamental analysis module provides a way to measure Bank of Qingdao'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 Bank of Qingdao stock.
Bank | Cash And Equivalents |
Bank of Qingdao Company Cash And Equivalents Analysis
Bank of Qingdao's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Competition |
In accordance with the recently published financial statements, Bank of Qingdao has 0.0 in Cash And Equivalents. This is 100.0% lower than that of the Banks sector and about the same as Financials (which currently averages 0.0) industry. The cash and equivalents for all China stocks is 100.0% higher than that of the company.
Bank Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bank of Qingdao's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Bank of Qingdao could also be used in its relative valuation, which is a method of valuing Bank of Qingdao by comparing valuation metrics of similar companies.Bank of Qingdao is currently under evaluation in cash and equivalents category among its peers.
Bank Fundamentals
Return On Equity | 0.1 | ||||
Return On Asset | 0.0066 | ||||
Profit Margin | 0.44 % | ||||
Operating Margin | 0.44 % | ||||
Current Valuation | 43.06 B | ||||
Shares Outstanding | 3.53 B | ||||
Shares Owned By Insiders | 58.84 % | ||||
Shares Owned By Institutions | 5.25 % | ||||
Price To Book | 0.54 X | ||||
Price To Sales | 2.13 X | ||||
Revenue | 11.03 B | ||||
Gross Profit | 7.36 B | ||||
Net Income | 3.55 B | ||||
Total Debt | 568.05 B | ||||
Book Value Per Share | 6.22 X | ||||
Cash Flow From Operations | 10.14 B | ||||
Earnings Per Share | 0.65 X | ||||
Target Price | 4.4 | ||||
Number Of Employees | 5.03 K | ||||
Beta | 0.56 | ||||
Market Capitalization | 19.51 B | ||||
Total Asset | 607.99 B | ||||
Retained Earnings | 5.01 B | ||||
Annual Yield | 0.04 % | ||||
Net Asset | 607.99 B | ||||
Last Dividend Paid | 0.16 |
About Bank of Qingdao Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bank of Qingdao's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bank of Qingdao using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bank of Qingdao 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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Bank of Qingdao financial ratios help investors to determine whether Bank 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 Bank with respect to the benefits of owning Bank of Qingdao security.