Shengda Mining Co Stock Return On Equity

000603 Stock   12.66  0.10  0.78%   
Shengda Mining Co fundamentals help investors to digest information that contributes to Shengda Mining's financial success or failures. It also enables traders to predict the movement of Shengda Stock. The fundamental analysis module provides a way to measure Shengda Mining'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 Shengda Mining 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.

Shengda Mining Co Company Return On Equity Analysis

Shengda Mining'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.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Shengda Mining Return On Equity

    
  0.0721  
Most of Shengda Mining'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, Shengda Mining Co 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.
Competition

Shengda Total Stockholder Equity

Total Stockholder Equity

3.28 Billion

At present, Shengda Mining's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Shengda Mining Co has a Return On Equity of 0.0721. This is 92.08% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The return on equity for all China stocks is 123.26% lower than that of the firm.

Shengda Return On Equity Peer Comparison

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

Shengda Fundamentals

About Shengda Mining Fundamental Analysis

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

Other Information on Investing in Shengda Stock

Shengda Mining financial ratios help investors to determine whether Shengda 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 Shengda with respect to the benefits of owning Shengda Mining security.