Shaanxi Lighte Optoelectronics Stock Return On Asset

688150 Stock   20.78  0.49  2.41%   
Shaanxi Lighte Optoelectronics fundamentals help investors to digest information that contributes to Shaanxi Lighte's financial success or failures. It also enables traders to predict the movement of Shaanxi Stock. The fundamental analysis module provides a way to measure Shaanxi Lighte'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 Shaanxi Lighte 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.

Shaanxi Lighte Optoelectronics Company Return On Asset Analysis

Shaanxi Lighte'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 Shaanxi Lighte Return On Asset

    
  0.0473  
Most of Shaanxi Lighte'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, Shaanxi Lighte Optoelectronics 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

Shaanxi Total Assets

Total Assets

1.39 Billion

At present, Shaanxi Lighte's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Shaanxi Lighte Optoelectronics has a Return On Asset of 0.0473. This is 93.61% 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 133.79% lower than that of the firm.

Shaanxi Return On Asset Peer Comparison

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

Shaanxi Fundamentals

About Shaanxi Lighte Fundamental Analysis

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

Shaanxi Lighte financial ratios help investors to determine whether Shaanxi 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 Shaanxi with respect to the benefits of owning Shaanxi Lighte security.