Hebei Jinniu Chemical Stock Return On Asset

600722 Stock   5.62  0.23  4.27%   
HeBei Jinniu Chemical fundamentals help investors to digest information that contributes to HeBei Jinniu's financial success or failures. It also enables traders to predict the movement of HeBei Stock. The fundamental analysis module provides a way to measure HeBei Jinniu'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 HeBei Jinniu stock.
  
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HeBei Jinniu Chemical Company Return On Asset Analysis

HeBei Jinniu'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 HeBei Jinniu Return On Asset

    
  0.0297  
Most of HeBei Jinniu'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, HeBei Jinniu Chemical 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

Based on the latest financial disclosure, HeBei Jinniu Chemical has a Return On Asset of 0.0297. This is 95.99% lower than that of the Chemicals sector and significantly higher than that of the Materials industry. The return on asset for all China stocks is 121.21% lower than that of the firm.

HeBei Return On Asset Peer Comparison

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

HeBei Fundamentals

About HeBei Jinniu Fundamental Analysis

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

HeBei Jinniu financial ratios help investors to determine whether HeBei 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 HeBei with respect to the benefits of owning HeBei Jinniu security.