Xinjiang Daqo New Stock Current Ratio
688303 Stock | 24.23 0.59 2.38% |
Xinjiang Daqo New fundamentals help investors to digest information that contributes to Xinjiang Daqo's financial success or failures. It also enables traders to predict the movement of Xinjiang Stock. The fundamental analysis module provides a way to measure Xinjiang Daqo'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 Xinjiang Daqo stock.
Xinjiang | Current Ratio |
Xinjiang Daqo New Company Current Ratio Analysis
Xinjiang Daqo's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
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In accordance with the recently published financial statements, Xinjiang Daqo New has a Current Ratio of 0.0 times. This is 100.0% lower than that of the Machinery sector and about the same as Industrials (which currently averages 0.0) industry. The current ratio for all China stocks is 100.0% higher than that of the company.
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Xinjiang Fundamentals
Return On Equity | -0.0106 | ||||
Return On Asset | 0.0014 | ||||
Profit Margin | (0.05) % | ||||
Operating Margin | 0.58 % | ||||
Current Valuation | 29.65 B | ||||
Shares Outstanding | 2.15 B | ||||
Shares Owned By Insiders | 76.03 % | ||||
Shares Owned By Institutions | 9.18 % | ||||
Price To Book | 1.27 X | ||||
Price To Sales | 5.50 X | ||||
Revenue | 16.33 B | ||||
Gross Profit | 23.15 B | ||||
EBITDA | 1.39 B | ||||
Net Income | 5.76 B | ||||
Total Debt | 6.82 B | ||||
Book Value Per Share | 19.63 X | ||||
Cash Flow From Operations | 8.74 B | ||||
Earnings Per Share | (0.20) X | ||||
Target Price | 28.37 | ||||
Number Of Employees | 6.11 K | ||||
Beta | 0.57 | ||||
Market Capitalization | 51.98 B | ||||
Total Asset | 50.7 B | ||||
Retained Earnings | 23.39 B | ||||
Working Capital | 17.5 B | ||||
Annual Yield | 0.02 % | ||||
Net Asset | 50.7 B | ||||
Last Dividend Paid | 0.42 |
About Xinjiang Daqo Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Xinjiang Daqo New's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Xinjiang Daqo using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Xinjiang Daqo New 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 Xinjiang Stock
Xinjiang Daqo financial ratios help investors to determine whether Xinjiang 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 Xinjiang with respect to the benefits of owning Xinjiang Daqo security.