Ningbo Homelink Eco Itech Stock Working Capital

301193 Stock   17.70  0.80  4.73%   
Ningbo Homelink Eco iTech fundamentals help investors to digest information that contributes to Ningbo Homelink'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 Homelink'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 Homelink stock.
As of November 30, 2024, Net Working Capital is expected to decline to about 339.1 M. The current year's Change In Working Capital is expected to grow to about (107.6 M).
  
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Ningbo Homelink Eco iTech Company Working Capital Analysis

Ningbo Homelink'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

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Current Liabilities

More About Working Capital | All Equity Analysis

Current Ningbo Homelink Working Capital

    
  637.25 M  
Most of Ningbo Homelink'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, Ningbo Homelink Eco iTech 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

Ningbo Net Invested Capital

Net Invested Capital

1.68 Billion

At present, Ningbo Homelink's Net Invested Capital is projected to increase significantly based on the last few years of reporting.
In accordance with the company's disclosures, Ningbo Homelink Eco iTech has a Working Capital of 637.25 M. This is 11.01% lower than that of the Chemicals sector and 20.89% higher than that of the Materials industry. The working capital for all China stocks is 56.89% higher than that of the company.

Ningbo Working Capital Peer Comparison

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

Ningbo Fundamentals

About Ningbo Homelink Fundamental Analysis

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