Nancal Energy Saving Tech Stock Working Capital

603859 Stock   30.19  0.50  1.68%   
Nancal Energy Saving Tech fundamentals help investors to digest information that contributes to Nancal Energy's financial success or failures. It also enables traders to predict the movement of Nancal Stock. The fundamental analysis module provides a way to measure Nancal Energy'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 Nancal Energy stock.
As of December 2, 2024, Net Working Capital is expected to decline to about 1.1 B. In addition to that, Change In Working Capital is expected to decline to about (153 M).
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Nancal Energy Saving Tech Company Working Capital Analysis

Nancal Energy'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

Current Nancal Energy Working Capital

    
  1.31 B  
Most of Nancal Energy's fundamental indicators, such as Working Capital, 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, Nancal Energy Saving Tech is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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

Nancal Net Invested Capital

Net Invested Capital

1.89 Billion

At present, Nancal Energy's Net Invested Capital is projected to increase significantly based on the last few years of reporting.
In accordance with the company's disclosures, Nancal Energy Saving Tech has a Working Capital of 1.31 B. This is 305.54% higher than that of the Machinery sector and significantly higher than that of the Industrials industry. The working capital for all China stocks is 11.6% higher than that of the company.

Nancal Working Capital Peer Comparison

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

Nancal Fundamentals

About Nancal Energy Fundamental Analysis

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

Currently Active Assets on Macroaxis

Other Information on Investing in Nancal Stock

Nancal Energy financial ratios help investors to determine whether Nancal 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 Nancal with respect to the benefits of owning Nancal Energy security.