China Citic Bank Stock Working Capital
601998 Stock | 6.79 0.05 0.73% |
China Citic Bank fundamentals help investors to digest information that contributes to China Citic's financial success or failures. It also enables traders to predict the movement of China Stock. The fundamental analysis module provides a way to measure China Citic'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 China Citic stock.
The current year's Change In Working Capital is expected to grow to about (134.1 B). China | Working Capital |
China Citic Bank Company Working Capital Analysis
China Citic'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. .
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Working Capital | = | Current Assets | - | Current Liabilities |
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 |
China Net Invested Capital
Net Invested Capital |
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In accordance with the company's disclosures, China Citic Bank has a Working Capital of 0.0. This is 100.0% lower than that of the Banks sector and about the same as Financials (which currently averages 0.0) industry. The working capital for all China stocks is 100.0% higher than that of the company.
China Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses China Citic'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 China Citic could also be used in its relative valuation, which is a method of valuing China Citic by comparing valuation metrics of similar companies.China Citic is currently under evaluation in working capital category among its peers.
China Fundamentals
Return On Equity | 0.088 | |||
Return On Asset | 0.0075 | |||
Profit Margin | 0.45 % | |||
Operating Margin | 0.49 % | |||
Current Valuation | 699.8 B | |||
Shares Outstanding | 38.75 B | |||
Shares Owned By Insiders | 92.08 % | |||
Shares Owned By Institutions | 1.57 % | |||
Price To Book | 0.47 X | |||
Price To Sales | 2.21 X | |||
Revenue | 205.15 B | |||
Gross Profit | 211.38 B | |||
Net Income | 67.02 B | |||
Total Debt | 8.32 T | |||
Book Value Per Share | 14.52 X | |||
Cash Flow From Operations | 185.71 B | |||
Earnings Per Share | 1.17 X | |||
Price To Earnings To Growth | 0.98 X | |||
Target Price | 6.95 | |||
Number Of Employees | 66.89 K | |||
Beta | 0.35 | |||
Market Capitalization | 334.19 B | |||
Total Asset | 9.05 T | |||
Retained Earnings | 320.62 B | |||
Net Asset | 9.05 T | |||
Last Dividend Paid | 0.36 |
About China Citic Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze China Citic Bank's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of China Citic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of China Citic Bank 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 China Stock
China Citic financial ratios help investors to determine whether China 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 China with respect to the benefits of owning China Citic security.