Bank Of Qingdao Stock Working Capital

002948 Stock   3.84  0.05  1.32%   
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.
The current year's Change In Working Capital is expected to grow to about 8.1 B.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Bank of Qingdao Company Working Capital Analysis

Bank of Qingdao'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
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

Bank Net Invested Capital

Net Invested Capital

68.84 Billion

At present, Bank of Qingdao's Net Invested Capital is projected to increase significantly based on the last few years of reporting.
In accordance with the company's disclosures, Bank of Qingdao has a Working Capital of 0.0. This is 100.0% lower than that of the Banks sector and about the same as Financials (which currently averages 0.0) industry. The working capital for all China stocks is 100.0% higher than that of the company.

Bank Working Capital 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 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 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 working capital category among its peers.

Bank Fundamentals

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.

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 Bank Stock

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.