Shengtak New Material Stock Return On Asset

300881 Stock   31.57  0.55  1.77%   
Shengtak New Material fundamentals help investors to digest information that contributes to Shengtak New's financial success or failures. It also enables traders to predict the movement of Shengtak Stock. The fundamental analysis module provides a way to measure Shengtak New'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 Shengtak New 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.

Shengtak New Material Company Return On Asset Analysis

Shengtak New'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 Shengtak New Return On Asset

    
  0.0697  
Most of Shengtak New'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, Shengtak New Material 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

Shengtak Total Assets

Total Assets

2.97 Billion

At present, Shengtak New's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Shengtak New Material has a Return On Asset of 0.0697. This is 90.58% lower than that of the Metals & Mining sector and 98.54% lower than that of the Materials industry. The return on asset for all China stocks is 149.79% lower than that of the firm.

Shengtak Return On Asset Peer Comparison

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

Shengtak Fundamentals

About Shengtak New Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Shengtak New Material's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shengtak New using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shengtak New Material 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Shengtak Stock

Shengtak New financial ratios help investors to determine whether Shengtak 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 Shengtak with respect to the benefits of owning Shengtak New security.