Chongqing Sokon Ind Stock Return On Asset

601127 Stock   133.72  0.78  0.58%   
Chongqing Sokon Ind fundamentals help investors to digest information that contributes to Chongqing Sokon's financial success or failures. It also enables traders to predict the movement of Chongqing Stock. The fundamental analysis module provides a way to measure Chongqing Sokon'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 Chongqing Sokon stock.
  
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Chongqing Sokon Ind Company Return On Asset Analysis

Chongqing Sokon'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 Chongqing Sokon Return On Asset

    
  0.016  
Most of Chongqing Sokon'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, Chongqing Sokon Ind 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

Chongqing Total Assets

Total Assets

26.04 Billion

At present, Chongqing Sokon's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Chongqing Sokon Ind has a Return On Asset of 0.016. This is much higher than that of the Automobiles sector and significantly higher than that of the Consumer Discretionary industry. The return on asset for all China stocks is notably lower than that of the firm.

Chongqing Return On Asset Peer Comparison

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

Chongqing Fundamentals

About Chongqing Sokon Fundamental Analysis

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

Chongqing Sokon financial ratios help investors to determine whether Chongqing 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 Chongqing with respect to the benefits of owning Chongqing Sokon security.