Hsin Kuang Steel Stock Current Asset

2031 Stock  TWD 64.10  2.60  4.23%   
Hsin Kuang Steel fundamentals help investors to digest information that contributes to Hsin Kuang's financial success or failures. It also enables traders to predict the movement of Hsin Stock. The fundamental analysis module provides a way to measure Hsin Kuang'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 Hsin Kuang stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Hsin Kuang Steel Company Current Asset Analysis

Hsin Kuang's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

Current Asset

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Liquid Assets

More About Current Asset | All Equity Analysis

Current Hsin Kuang Current Asset

    
  5.87 B  
Most of Hsin Kuang's fundamental indicators, such as Current 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, Hsin Kuang Steel is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition

In accordance with the recently published financial statements, Hsin Kuang Steel has a Current Asset of 5.87 B. This is 9.38% higher than that of the Metals & Mining sector and 21.84% lower than that of the Materials industry. The current asset for all Taiwan stocks is 37.19% higher than that of the company.

Hsin Current Asset Peer Comparison

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

Hsin Fundamentals

About Hsin Kuang Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Hsin Kuang Steel's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hsin Kuang using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hsin Kuang Steel 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Hsin Stock Analysis

When running Hsin Kuang's price analysis, check to measure Hsin Kuang's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hsin Kuang is operating at the current time. Most of Hsin Kuang's value examination focuses on studying past and present price action to predict the probability of Hsin Kuang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hsin Kuang's price. Additionally, you may evaluate how the addition of Hsin Kuang to your portfolios can decrease your overall portfolio volatility.