Autobio Diagnostics Co Stock Return On Asset

603658 Stock   40.09  0.11  0.27%   
Autobio Diagnostics Co fundamentals help investors to digest information that contributes to Autobio Diagnostics' financial success or failures. It also enables traders to predict the movement of Autobio Stock. The fundamental analysis module provides a way to measure Autobio Diagnostics' 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 Autobio Diagnostics 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.

Autobio Diagnostics Co Company Return On Asset Analysis

Autobio Diagnostics' 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 Autobio Diagnostics Return On Asset

    
  0.0705  
Most of Autobio Diagnostics' 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, Autobio Diagnostics 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

Autobio Total Assets

Total Assets

13.95 Billion

At present, Autobio Diagnostics' Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Autobio Diagnostics Co has a Return On Asset of 0.0705. This is much higher than that of the Health Care Equipment & Supplies sector and significantly higher than that of the Health Care industry. The return on asset for all China stocks is notably lower than that of the firm.

Autobio Return On Asset Peer Comparison

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

Autobio Fundamentals

About Autobio Diagnostics Fundamental Analysis

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

Autobio Diagnostics financial ratios help investors to determine whether Autobio 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 Autobio with respect to the benefits of owning Autobio Diagnostics security.