Shanxi Lanhua Sci Tech Stock Return On Asset

600123 Stock   8.63  0.07  0.82%   
Shanxi Lanhua Sci Tech fundamentals help investors to digest information that contributes to Shanxi Lanhua's financial success or failures. It also enables traders to predict the movement of Shanxi Stock. The fundamental analysis module provides a way to measure Shanxi Lanhua'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 Shanxi Lanhua 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.

Shanxi Lanhua Sci Tech Company Return On Asset Analysis

Shanxi Lanhua'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 Shanxi Lanhua Return On Asset

    
  0.0321  
Most of Shanxi Lanhua'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, Shanxi Lanhua Sci Tech 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

Shanxi Total Assets

Total Assets

17.04 Billion

At present, Shanxi Lanhua's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Shanxi Lanhua Sci Tech has a Return On Asset of 0.0321. This is 19.75% lower than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The return on asset for all China stocks is 122.93% lower than that of the firm.

Shanxi Return On Asset Peer Comparison

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

Shanxi Fundamentals

About Shanxi Lanhua Fundamental Analysis

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

Currently Active Assets on Macroaxis

Other Information on Investing in Shanxi Stock

Shanxi Lanhua financial ratios help investors to determine whether Shanxi 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 Shanxi with respect to the benefits of owning Shanxi Lanhua security.