Jinduicheng Molybdenum Co Stock Return On Asset

601958 Stock   10.51  0.06  0.57%   
Jinduicheng Molybdenum Co fundamentals help investors to digest information that contributes to Jinduicheng Molybdenum's financial success or failures. It also enables traders to predict the movement of Jinduicheng Stock. The fundamental analysis module provides a way to measure Jinduicheng Molybdenum'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 Jinduicheng Molybdenum stock.
  
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Jinduicheng Molybdenum Co Company Return On Asset Analysis

Jinduicheng Molybdenum'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 Jinduicheng Molybdenum Return On Asset

    
  0.12  
Most of Jinduicheng Molybdenum'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, Jinduicheng Molybdenum Co 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

Jinduicheng Total Assets

Total Assets

15.68 Billion

At present, Jinduicheng Molybdenum's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Jinduicheng Molybdenum Co has a Return On Asset of 0.1222. This is 83.49% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The return on asset for all China stocks is 187.29% lower than that of the firm.

Jinduicheng Return On Asset Peer Comparison

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

Jinduicheng Fundamentals

About Jinduicheng Molybdenum Fundamental Analysis

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

Jinduicheng Molybdenum financial ratios help investors to determine whether Jinduicheng 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 Jinduicheng with respect to the benefits of owning Jinduicheng Molybdenum security.