Shengtak New Material Stock Total Asset

300881 Stock   31.57  0.55  1.77%   
Shengtak New Material fundamentals help investors to digest information that contributes to Shengtak New's financial success or failures. It also enables traders to predict the movement of Shengtak Stock. The fundamental analysis module provides a way to measure Shengtak New'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 Shengtak New stock.
Last ReportedProjected for Next Year
Total Assets2.8 BB
The current year's Total Assets is expected to grow to about 3 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.

Shengtak New Material Company Total Asset Analysis

Shengtak New'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 Shengtak New Total Asset

    
  2.83 B  
Most of Shengtak New'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, Shengtak New Material 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

Shengtak Total Assets

Total Assets

2.97 Billion

At present, Shengtak New's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Shengtak New Material has a Total Asset of 2.83 B. This is 83.75% lower than that of the Metals & Mining sector and 90.49% lower than that of the Materials industry. The total asset for all China stocks is 90.39% higher than that of the company.

Shengtak Total Asset Peer Comparison

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

Shengtak Fundamentals

About Shengtak New Fundamental Analysis

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

Shengtak New financial ratios help investors to determine whether Shengtak 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 Shengtak with respect to the benefits of owning Shengtak New security.