Tianshan Aluminum Group Stock Return On Asset

002532 Stock   8.01  0.05  0.63%   
Tianshan Aluminum Group fundamentals help investors to digest information that contributes to Tianshan Aluminum's financial success or failures. It also enables traders to predict the movement of Tianshan Stock. The fundamental analysis module provides a way to measure Tianshan Aluminum'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 Tianshan Aluminum 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.

Tianshan Aluminum Group Company Return On Asset Analysis

Tianshan Aluminum'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 Tianshan Aluminum Return On Asset

    
  0.0493  
Most of Tianshan Aluminum'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, Tianshan Aluminum 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

Tianshan Total Assets

Total Assets

59.95 Billion

At present, Tianshan Aluminum's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Tianshan Aluminum Group has a Return On Asset of 0.0493. This is 93.34% lower than that of the Machinery sector and significantly higher than that of the Industrials industry. The return on asset for all China stocks is 135.21% lower than that of the firm.

Tianshan Return On Asset Peer Comparison

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

Tianshan Fundamentals

About Tianshan Aluminum Fundamental Analysis

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

Tianshan Aluminum financial ratios help investors to determine whether Tianshan 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 Tianshan with respect to the benefits of owning Tianshan Aluminum security.