Newater Technology Net Tangible Assets

Newater Technology (NEWA) currently reports a net tangible assets of $39M as of December 2020. That compares with $31M in the prior-year period — up 25.4% year over year. Use the charts on this page to explore Newater Technology's net tangible assets history and peer comparisons.

Newater Technology's net tangible assets increased from $31M to $39M — a 25.4% year-over-year increase (period ending December 2020). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

Newater Technology reported $39M in net tangible assets as of December 2020. That compares with $31M in the prior-year period — up 25.4% year over year. Absolute dollar amounts are most useful when compared with prior periods, peers, and related line items such as revenue, assets, or liabilities on Stockcircle.

Start with the current net tangible assets of $39M, then check the historical chart for trend and the peer comparison chart for relative positioning. From there, open related valuation or income-statement pages for Newater Technology, and consider following NEWA for alerts when major investors trade the stock.