Ningbo Fujia Industrial Stock Cash And Equivalents

603219 Stock   14.68  0.24  1.61%   
Ningbo Fujia Industrial fundamentals help investors to digest information that contributes to Ningbo Fujia's financial success or failures. It also enables traders to predict the movement of Ningbo Stock. The fundamental analysis module provides a way to measure Ningbo Fujia'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 Ningbo Fujia stock.
  
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Ningbo Fujia Industrial Company Cash And Equivalents Analysis

Ningbo Fujia'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

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Bank Deposits

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Liquidities

More About Cash And Equivalents | All Equity Analysis
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, Ningbo Fujia Industrial has 0.0 in Cash And Equivalents. This is 100.0% lower than that of the Household Durables sector and about the same as Consumer Discretionary (which currently averages 0.0) industry. The cash and equivalents for all China stocks is 100.0% higher than that of the company.

Ningbo Cash And Equivalents Peer Comparison

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

Ningbo Fundamentals

About Ningbo Fujia Fundamental Analysis

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

Ningbo Fujia financial ratios help investors to determine whether Ningbo 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 Ningbo with respect to the benefits of owning Ningbo Fujia security.