Chengdu Spaceon Electronics Stock Return On Asset

002935 Stock   15.77  0.20  1.28%   
Chengdu Spaceon Electronics fundamentals help investors to digest information that contributes to Chengdu Spaceon's financial success or failures. It also enables traders to predict the movement of Chengdu Stock. The fundamental analysis module provides a way to measure Chengdu Spaceon'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 Chengdu Spaceon 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.

Chengdu Spaceon Electronics Company Return On Asset Analysis

Chengdu Spaceon'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 Chengdu Spaceon Return On Asset

    
  0.0175  
Most of Chengdu Spaceon'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, Chengdu Spaceon Electronics 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

Chengdu Net Tangible Assets

Net Tangible Assets

1.13 Billion

At present, Chengdu Spaceon's Net Tangible Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Chengdu Spaceon Electronics has a Return On Asset of 0.0175. This is 100.61% lower than that of the Communications Equipment sector and 101.18% lower than that of the Information Technology industry. The return on asset for all China stocks is 112.5% lower than that of the firm.

Chengdu Return On Asset Peer Comparison

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

Chengdu Fundamentals

About Chengdu Spaceon Fundamental Analysis

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

Chengdu Spaceon financial ratios help investors to determine whether Chengdu 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 Chengdu with respect to the benefits of owning Chengdu Spaceon security.