Zhejiang Haers Vacuum Stock Return On Asset

002615 Stock   7.92  0.12  1.54%   
ZheJiang Haers Vacuum fundamentals help investors to digest information that contributes to ZheJiang Haers' financial success or failures. It also enables traders to predict the movement of ZheJiang Stock. The fundamental analysis module provides a way to measure ZheJiang Haers' 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 ZheJiang Haers 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.

ZheJiang Haers Vacuum Company Return On Asset Analysis

ZheJiang Haers' 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 ZheJiang Haers Return On Asset

    
  0.0577  
Most of ZheJiang Haers' 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, ZheJiang Haers Vacuum 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

ZheJiang Total Assets

Total Assets

1.45 Billion

At present, ZheJiang Haers' Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, ZheJiang Haers Vacuum has a Return On Asset of 0.0577. This is 94.71% lower than that of the Household Durables sector and 92.31% lower than that of the Consumer Discretionary industry. The return on asset for all China stocks is 141.21% lower than that of the firm.

ZheJiang Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ZheJiang Haers' 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 ZheJiang Haers could also be used in its relative valuation, which is a method of valuing ZheJiang Haers by comparing valuation metrics of similar companies.
ZheJiang Haers is currently under evaluation in return on asset category among its peers.

ZheJiang Fundamentals

About ZheJiang Haers Fundamental Analysis

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

ZheJiang Haers financial ratios help investors to determine whether ZheJiang 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 ZheJiang with respect to the benefits of owning ZheJiang Haers security.