Tongxing Environmental Protection Stock Return On Asset

003027 Stock   15.79  0.07  0.45%   
Tongxing Environmental Protection fundamentals help investors to digest information that contributes to Tongxing Environmental's financial success or failures. It also enables traders to predict the movement of Tongxing Stock. The fundamental analysis module provides a way to measure Tongxing Environmental'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 Tongxing Environmental 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.

Tongxing Environmental Protection Company Return On Asset Analysis

Tongxing Environmental'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 Tongxing Environmental Return On Asset

    
  9.0E-4  
Most of Tongxing Environmental'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, Tongxing Environmental Protection 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

Tongxing Total Assets

Total Assets

1.71 Billion

At present, Tongxing Environmental's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Tongxing Environmental Protection has a Return On Asset of 9.0E-4. This is 100.18% lower than that of the Commercial Services & Supplies sector and 100.01% lower than that of the Industrials industry. The return on asset for all China stocks is 100.64% lower than that of the firm.

Tongxing Return On Asset Peer Comparison

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

Tongxing Fundamentals

About Tongxing Environmental Fundamental Analysis

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

Tongxing Environmental financial ratios help investors to determine whether Tongxing 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 Tongxing with respect to the benefits of owning Tongxing Environmental security.