Towngas Financial Statements From 2010 to 2026
| TGASFDelisted Stock | USD 0.45 0.00 0.00% |
Check Towngas China financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Towngas China's main balance sheet or income statement drivers, such as , as well as many indicators such as . Towngas financial statements analysis is a perfect complement when working with Towngas China Valuation or Volatility modules.
Towngas |
Towngas China Company Return On Equity Analysis
Towngas China's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Towngas China Return On Equity | 0.0753 |
Most of Towngas China's fundamental indicators, such as Return On Equity, 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, Towngas China is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
CompetitionBased on the latest financial disclosure, Towngas China has a Return On Equity of 0.0753. This is 98.71% lower than that of the Utilities sector and significantly higher than that of the Utilities—Regulated Gas industry. The return on equity for all United States stocks is 124.29% lower than that of the firm.
Towngas China Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Towngas China's current stock value. Our valuation model uses many indicators to compare Towngas China value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Towngas China competition to find correlations between indicators driving Towngas China's intrinsic value. More Info.Towngas China is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.33 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Towngas China is roughly 3.04 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Towngas China's earnings, one of the primary drivers of an investment's value.About Towngas China Financial Statements
Towngas China stakeholders use historical fundamental indicators, such as Towngas China's revenue or net income, to determine how well the company is positioned to perform in the future. Although Towngas China investors may analyze each financial statement separately, they are all interrelated. For example, changes in Towngas China's assets and liabilities are reflected in the revenues and expenses on Towngas China's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Towngas China. Please read more on our technical analysis and fundamental analysis pages.
Towngas Smart Energy Company Limited, an investment holding company, sells and distributes piped gas in the Peoples Republic of China. Towngas Smart Energy Company Limited is a subsidiary of The Hong Kong and China Gas Company Limited. Towngas China operates under UtilitiesRegulated Gas classification in the United States and is traded on OTC Exchange. It employs 23476 people.
Currently Active Assets on Macroaxis
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Other Consideration for investing in Towngas Pink Sheet
If you are still planning to invest in Towngas China check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Towngas China's history and understand the potential risks before investing.
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