Zhejiang Hisun Biomaterials Stock Return On Asset

688203 Stock   10.49  0.21  2.04%   
Zhejiang HISUN Biomaterials fundamentals help investors to digest information that contributes to Zhejiang HISUN's financial success or failures. It also enables traders to predict the movement of Zhejiang Stock. The fundamental analysis module provides a way to measure Zhejiang HISUN'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 Zhejiang HISUN 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.

Zhejiang HISUN Biomaterials Company Return On Asset Analysis

Zhejiang HISUN'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 Zhejiang HISUN Return On Asset

    
  0.012  
Most of Zhejiang HISUN'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, Zhejiang HISUN Biomaterials 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

Zhejiang Total Assets

Total Assets

1.74 Billion

At present, Zhejiang HISUN's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Zhejiang HISUN Biomaterials has a Return On Asset of 0.012. This is 98.38% lower than that of the Chemicals sector and 99.44% lower than that of the Materials industry. The return on asset for all China stocks is 108.57% lower than that of the firm.

Zhejiang Return On Asset Peer Comparison

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

Zhejiang Fundamentals

About Zhejiang HISUN Fundamental Analysis

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

Zhejiang HISUN financial ratios help investors to determine whether Zhejiang 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 Zhejiang with respect to the benefits of owning Zhejiang HISUN security.