Chaozhou Three Circle Group Stock Return On Asset

300408 Stock   36.34  0.21  0.57%   
Chaozhou Three circle Group fundamentals help investors to digest information that contributes to Chaozhou Three-circle's financial success or failures. It also enables traders to predict the movement of Chaozhou Stock. The fundamental analysis module provides a way to measure Chaozhou Three-circle'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 Chaozhou Three-circle 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.

Chaozhou Three circle Group Company Return On Asset Analysis

Chaozhou Three-circle'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

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Current Chaozhou Three-circle Return On Asset

    
  0.0518  
Most of Chaozhou Three-circle'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, Chaozhou Three circle 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

Chaozhou Total Assets

Total Assets

22.92 Billion

At present, Chaozhou Three-circle's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Chaozhou Three circle Group has a Return On Asset of 0.0518. This is much higher than that of the Electronic Equipment, Instruments & Components sector and significantly higher than that of the Information Technology industry. The return on asset for all China stocks is notably lower than that of the firm.

Chaozhou Return On Asset Peer Comparison

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

Chaozhou Fundamentals

About Chaozhou Three-circle Fundamental Analysis

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

Chaozhou Three-circle financial ratios help investors to determine whether Chaozhou 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 Chaozhou with respect to the benefits of owning Chaozhou Three-circle security.