Shanghai Broadband Technology Stock Return On Asset

600608 Stock   4.10  0.09  2.24%   
Shanghai Broadband Technology fundamentals help investors to digest information that contributes to Shanghai Broadband's financial success or failures. It also enables traders to predict the movement of Shanghai Stock. The fundamental analysis module provides a way to measure Shanghai Broadband'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 Shanghai Broadband 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.

Shanghai Broadband Technology Company Return On Asset Analysis

Shanghai Broadband'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 Shanghai Broadband Return On Asset

    
  0.0021  
Most of Shanghai Broadband'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, Shanghai Broadband Technology 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

Shanghai Total Assets

Total Assets

148.71 Million

At present, Shanghai Broadband's Total Assets are projected to decrease significantly based on the last few years of reporting.
Based on the latest financial disclosure, Shanghai Broadband Technology has a Return On Asset of 0.0021. This is 100.07% lower than that of the Metals & Mining sector and 100.14% lower than that of the Materials industry. The return on asset for all China stocks is 101.5% lower than that of the firm.

Shanghai Return On Asset Peer Comparison

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

Shanghai Fundamentals

About Shanghai Broadband Fundamental Analysis

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

Currently Active Assets on Macroaxis

Other Information on Investing in Shanghai Stock

Shanghai Broadband financial ratios help investors to determine whether Shanghai 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 Shanghai with respect to the benefits of owning Shanghai Broadband security.