Asia Optical Co Stock Return On Asset

3019 Stock  TWD 114.50  5.00  4.57%   
Asia Optical Co fundamentals help investors to digest information that contributes to Asia Optical's financial success or failures. It also enables traders to predict the movement of Asia Stock. The fundamental analysis module provides a way to measure Asia Optical'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 Asia Optical 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.

Asia Optical Co Company Return On Asset Analysis

Asia Optical'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 Asia Optical Return On Asset

    
  0.0441  
Most of Asia Optical'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, Asia Optical Co 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

Based on the latest financial disclosure, Asia Optical Co has a Return On Asset of 0.0441. This is 101.53% lower than that of the Electronic Equipment, Instruments & Components sector and 100.35% lower than that of the Information Technology industry. The return on asset for all Taiwan stocks is 131.5% lower than that of the firm.

Asia Return On Asset Peer Comparison

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

Asia Fundamentals

About Asia Optical Fundamental Analysis

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

Additional Tools for Asia Stock Analysis

When running Asia Optical's price analysis, check to measure Asia Optical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Asia Optical is operating at the current time. Most of Asia Optical's value examination focuses on studying past and present price action to predict the probability of Asia Optical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asia Optical's price. Additionally, you may evaluate how the addition of Asia Optical to your portfolios can decrease your overall portfolio volatility.