Hengli Petrochemical Co Stock Current Asset

600346 Stock   15.19  0.06  0.39%   
Hengli Petrochemical Co fundamentals help investors to digest information that contributes to Hengli Petrochemical's financial success or failures. It also enables traders to predict the movement of Hengli Stock. The fundamental analysis module provides a way to measure Hengli Petrochemical'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 Hengli Petrochemical stock.
The current year's Other Current Assets is expected to grow to about 7.1 B, whereas Total Current Assets are forecasted to decline to about 48.1 B.
  
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Hengli Petrochemical Co Company Current Asset Analysis

Hengli Petrochemical's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

Current Asset

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Cash

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Deposits

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Liquid Assets

More About Current Asset | All Equity Analysis
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Hengli Total Assets

Total Assets

273.63 Billion

At present, Hengli Petrochemical's Total Assets are projected to increase significantly based on the last few years of reporting.
In accordance with the recently published financial statements, Hengli Petrochemical Co has a Current Asset of 0.0. This is 100.0% lower than that of the Chemicals sector and about the same as Materials (which currently averages 0.0) industry. The current asset for all China stocks is 100.0% higher than that of the company.

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Hengli Fundamentals

About Hengli Petrochemical Fundamental Analysis

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

Hengli Petrochemical financial ratios help investors to determine whether Hengli 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 Hengli with respect to the benefits of owning Hengli Petrochemical security.