Zhejiang Yayi Metal Stock Return On Asset

301113 Stock   25.44  0.36  1.40%   
Zhejiang Yayi Metal fundamentals help investors to digest information that contributes to Zhejiang Yayi's 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 Yayi'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 Zhejiang Yayi 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 Yayi Metal Company Return On Asset Analysis

Zhejiang Yayi'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 Zhejiang Yayi Return On Asset

    
  0.016  
Most of Zhejiang Yayi'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, Zhejiang Yayi Metal 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

602.08 Million

At present, Zhejiang Yayi's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Zhejiang Yayi Metal has a Return On Asset of 0.016. This is much higher than that of the Household Durables sector and significantly higher than that of the Consumer Discretionary industry. The return on asset for all China stocks is notably 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 Yayi'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 Zhejiang Yayi could also be used in its relative valuation, which is a method of valuing Zhejiang Yayi by comparing valuation metrics of similar companies.
Zhejiang Yayi is currently under evaluation in return on asset category among its peers.

Zhejiang Fundamentals

About Zhejiang Yayi Fundamental Analysis

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