Qingdao Hi Tech Moulds Stock Total Asset

301022 Stock   24.05  0.51  2.08%   
Qingdao Hi Tech Moulds fundamentals help investors to digest information that contributes to Qingdao Hi's financial success or failures. It also enables traders to predict the movement of Qingdao Stock. The fundamental analysis module provides a way to measure Qingdao Hi'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 Qingdao Hi stock.
Last ReportedProjected for Next Year
Total Assets1.9 B1.3 B
As of December 13, 2024, Total Assets is expected to decline to about 1.3 B.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Qingdao Hi Tech Moulds Company Total Asset Analysis

Qingdao Hi's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current Qingdao Hi Total Asset

    
  1.85 B  
Most of Qingdao Hi's fundamental indicators, such as Total Asset, 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, Qingdao Hi Tech Moulds is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

Qingdao Total Assets

Total Assets

1.28 Billion

At present, Qingdao Hi's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Qingdao Hi Tech Moulds has a Total Asset of 1.85 B. This is 53.8% lower than that of the Machinery sector and 71.07% higher than that of the Industrials industry. The total asset for all China stocks is 93.72% higher than that of the company.

Qingdao Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Qingdao Hi's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Qingdao Hi could also be used in its relative valuation, which is a method of valuing Qingdao Hi by comparing valuation metrics of similar companies.
Qingdao Hi is currently under evaluation in total asset category among its peers.

Qingdao Fundamentals

About Qingdao Hi Fundamental Analysis

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

Qingdao Hi financial ratios help investors to determine whether Qingdao 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 Qingdao with respect to the benefits of owning Qingdao Hi security.