Zhende Medical Co Stock Current Asset

603301 Stock   22.17  0.49  2.16%   
Zhende Medical Co fundamentals help investors to digest information that contributes to Zhende Medical's financial success or failures. It also enables traders to predict the movement of Zhende Stock. The fundamental analysis module provides a way to measure Zhende Medical'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 Zhende Medical stock.
The current year's Other Current Assets is expected to grow to about 117.2 M, whereas Non Current Assets Total are forecasted to decline to about 2.3 B.
  
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Zhende Medical Co Company Current Asset Analysis

Zhende Medical'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.
Competition

Zhende Net Tangible Assets

Net Tangible Assets

3.89 Billion

At present, Zhende Medical's Net Tangible Assets are projected to increase significantly based on the last few years of reporting.
In accordance with the recently published financial statements, Zhende Medical Co has a Current Asset of 0.0. This is 100.0% lower than that of the Health Care Equipment & Supplies sector and 100.0% lower than that of the Health Care industry. The current asset for all China stocks is 100.0% higher than that of the company.

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Zhende Fundamentals

About Zhende Medical Fundamental Analysis

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

Zhende Medical financial ratios help investors to determine whether Zhende 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 Zhende with respect to the benefits of owning Zhende Medical security.