Zhejiang Daily Media Stock Return On Asset

600633 Stock   10.96  0.20  1.86%   
Zhejiang Daily Media fundamentals help investors to digest information that contributes to Zhejiang Daily'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 Daily'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 Daily 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 Daily Media Company Return On Asset Analysis

Zhejiang Daily'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 Daily Return On Asset

    
  0.0289  
Most of Zhejiang Daily'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 Daily Media 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

13.56 Billion

At present, Zhejiang Daily's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Zhejiang Daily Media has a Return On Asset of 0.0289. This is 99.3% lower than that of the Media sector and significantly higher than that of the Communication Services industry. The return on asset for all China stocks is 120.64% 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 Daily'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 Daily could also be used in its relative valuation, which is a method of valuing Zhejiang Daily by comparing valuation metrics of similar companies.
Zhejiang Daily is currently under evaluation in return on asset category among its peers.

Zhejiang Fundamentals

About Zhejiang Daily Fundamental Analysis

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