Hongrun Construction Group Stock Return On Asset

002062 Stock   4.36  0.14  3.11%   
Hongrun Construction Group fundamentals help investors to digest information that contributes to Hongrun Construction's financial success or failures. It also enables traders to predict the movement of Hongrun Stock. The fundamental analysis module provides a way to measure Hongrun Construction'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 Hongrun Construction stock.
  
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Hongrun Construction Group Company Return On Asset Analysis

Hongrun Construction's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Hongrun Construction Return On Asset

    
  0.0197  
Most of Hongrun Construction's fundamental indicators, such as Return On 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, Hongrun Construction Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Hongrun Total Assets

Total Assets

11.05 Billion

At present, Hongrun Construction's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Hongrun Construction Group has a Return On Asset of 0.0197. This is 103.86% lower than that of the Construction & Engineering sector and 96.66% lower than that of the Industrials industry. The return on asset for all China stocks is 114.07% lower than that of the firm.

Hongrun Return On Asset Peer Comparison

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

Hongrun Fundamentals

About Hongrun Construction Fundamental Analysis

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

Hongrun Construction financial ratios help investors to determine whether Hongrun 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 Hongrun with respect to the benefits of owning Hongrun Construction security.