Hang Xiao Steel Stock Return On Asset

600477 Stock   2.78  0.03  1.09%   
Hang Xiao Steel fundamentals help investors to digest information that contributes to Hang Xiao's financial success or failures. It also enables traders to predict the movement of Hang Stock. The fundamental analysis module provides a way to measure Hang Xiao'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 Hang Xiao 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.

Hang Xiao Steel Company Return On Asset Analysis

Hang Xiao'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 Hang Xiao Return On Asset

    
  0.0157  
Most of Hang Xiao'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, Hang Xiao Steel 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

Hang Total Assets

Total Assets

17.24 Billion

At present, Hang Xiao's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Hang Xiao Steel has a Return On Asset of 0.0157. This is 97.88% lower than that of the Construction & Engineering sector and significantly higher than that of the Industrials industry. The return on asset for all China stocks is 111.21% lower than that of the firm.

Hang Return On Asset Peer Comparison

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

Hang Fundamentals

About Hang Xiao Fundamental Analysis

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

Hang Xiao financial ratios help investors to determine whether Hang 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 Hang with respect to the benefits of owning Hang Xiao security.