Fujian Rongji Software Stock Return On Asset

002474 Stock   7.67  0.70  10.04%   
Fujian Rongji Software fundamentals help investors to digest information that contributes to Fujian Rongji's financial success or failures. It also enables traders to predict the movement of Fujian Stock. The fundamental analysis module provides a way to measure Fujian Rongji'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 Fujian Rongji 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.

Fujian Rongji Software Company Return On Asset Analysis

Fujian Rongji'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 Fujian Rongji Return On Asset

    
  -0.0224  
Most of Fujian Rongji'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, Fujian Rongji Software 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

Fujian Total Assets

Total Assets

2.01 Billion

At present, Fujian Rongji's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Fujian Rongji Software has a Return On Asset of -0.0224. This is much lower than that of the IT Services sector and significantly lower than that of the Information Technology industry. The return on asset for all China stocks is notably higher than that of the company.

Fujian Return On Asset Peer Comparison

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

Fujian Fundamentals

About Fujian Rongji Fundamental Analysis

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

Fujian Rongji financial ratios help investors to determine whether Fujian 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 Fujian with respect to the benefits of owning Fujian Rongji security.