Dongguan Chitwing Technology Stock Return On Asset

002855 Stock   27.20  0.70  2.51%   
Dongguan Chitwing Technology fundamentals help investors to digest information that contributes to Dongguan Chitwing's financial success or failures. It also enables traders to predict the movement of Dongguan Stock. The fundamental analysis module provides a way to measure Dongguan Chitwing'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 Dongguan Chitwing 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.

Dongguan Chitwing Technology Company Return On Asset Analysis

Dongguan Chitwing'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 Dongguan Chitwing Return On Asset

    
  -0.058  
Most of Dongguan Chitwing'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, Dongguan Chitwing Technology 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

Dongguan Net Tangible Assets

Net Tangible Assets

1.09 Billion

At present, Dongguan Chitwing's Net Tangible Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Dongguan Chitwing Technology has a Return On Asset of -0.058. This is 88.63% lower than that of the Machinery sector and 245.0% lower than that of the Industrials industry. The return on asset for all China stocks is 58.57% lower than that of the firm.

Dongguan Return On Asset Peer Comparison

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

Dongguan Fundamentals

About Dongguan Chitwing Fundamental Analysis

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

Dongguan Chitwing financial ratios help investors to determine whether Dongguan 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 Dongguan with respect to the benefits of owning Dongguan Chitwing security.