Renrenle Commercial Group Stock Return On Asset

002336 Stock   6.65  0.32  5.06%   
Renrenle Commercial Group fundamentals help investors to digest information that contributes to Renrenle Commercial's financial success or failures. It also enables traders to predict the movement of Renrenle Stock. The fundamental analysis module provides a way to measure Renrenle Commercial'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 Renrenle Commercial 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.

Renrenle Commercial Group Company Return On Asset Analysis

Renrenle Commercial'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 Renrenle Commercial Return On Asset

    
  -0.0909  
Most of Renrenle Commercial'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, Renrenle Commercial Group 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

Renrenle Total Assets

Total Assets

5.56 Billion

At present, Renrenle Commercial's Total Assets are projected to decrease significantly based on the last few years of reporting.
Based on the latest financial disclosure, Renrenle Commercial Group has a Return On Asset of -0.0909. This is 403.0% lower than that of the Consumer Staples Distribution & Retail sector and significantly lower than that of the Consumer Staples industry. The return on asset for all China stocks is 35.07% lower than that of the firm.

Renrenle Return On Asset Peer Comparison

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

Renrenle Fundamentals

About Renrenle Commercial Fundamental Analysis

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Renrenle Stock

Renrenle Commercial financial ratios help investors to determine whether Renrenle 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 Renrenle with respect to the benefits of owning Renrenle Commercial security.