Sinocat Environmental Technology Stock Return On Asset

688737 Stock   16.27  0.53  3.15%   
Sinocat Environmental Technology fundamentals help investors to digest information that contributes to Sinocat Environmental's financial success or failures. It also enables traders to predict the movement of Sinocat Stock. The fundamental analysis module provides a way to measure Sinocat Environmental'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 Sinocat Environmental 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.

Sinocat Environmental Technology Company Return On Asset Analysis

Sinocat Environmental'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 Sinocat Environmental Return On Asset

    
  -0.0123  
Most of Sinocat Environmental'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, Sinocat Environmental Technology 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

Sinocat Total Assets

Total Assets

1.61 Billion

At present, Sinocat Environmental's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Sinocat Environmental Technology has a Return On Asset of -0.0123. This is 101.13% lower than that of the Automobile Components sector and 101.58% lower than that of the Consumer Discretionary industry. The return on asset for all China stocks is 91.21% lower than that of the firm.

Sinocat Return On Asset Peer Comparison

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

Sinocat Fundamentals

About Sinocat Environmental Fundamental Analysis

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

Currently Active Assets on Macroaxis

Other Information on Investing in Sinocat Stock

Sinocat Environmental financial ratios help investors to determine whether Sinocat 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 Sinocat with respect to the benefits of owning Sinocat Environmental security.