Guizhou Broadcastingtv Info Stock Return On Asset

600996 Stock   9.58  0.06  0.63%   
Guizhou BroadcastingTV Info fundamentals help investors to digest information that contributes to Guizhou BroadcastingTV's financial success or failures. It also enables traders to predict the movement of Guizhou Stock. The fundamental analysis module provides a way to measure Guizhou BroadcastingTV'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 Guizhou BroadcastingTV stock.
  
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Guizhou BroadcastingTV Info Company Return On Asset Analysis

Guizhou BroadcastingTV'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

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Current Guizhou BroadcastingTV Return On Asset

    
  -0.0437  
Most of Guizhou BroadcastingTV'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, Guizhou BroadcastingTV Info 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

Guizhou Total Assets

Total Assets

11.46 Billion

At present, Guizhou BroadcastingTV's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Guizhou BroadcastingTV Info has a Return On Asset of -0.0437. This is 101.06% lower than that of the Media sector and significantly lower than that of the Communication Services industry. The return on asset for all China stocks is 68.79% lower than that of the firm.

Guizhou Return On Asset Peer Comparison

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

Guizhou Fundamentals

About Guizhou BroadcastingTV Fundamental Analysis

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

Guizhou BroadcastingTV financial ratios help investors to determine whether Guizhou 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 Guizhou with respect to the benefits of owning Guizhou BroadcastingTV security.