Sanan Optoelectronics Co Stock Return On Asset

600703 Stock   12.37  0.18  1.43%   
Sanan Optoelectronics Co fundamentals help investors to digest information that contributes to Sanan Optoelectronics' financial success or failures. It also enables traders to predict the movement of Sanan Stock. The fundamental analysis module provides a way to measure Sanan Optoelectronics' 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 Sanan Optoelectronics 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.

Sanan Optoelectronics Co Company Return On Asset Analysis

Sanan Optoelectronics' 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 Sanan Optoelectronics Return On Asset

    
  -0.0096  
Most of Sanan Optoelectronics' 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, Sanan Optoelectronics 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

Sanan Total Assets

Total Assets

60.56 Billion

At present, Sanan Optoelectronics' Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Sanan Optoelectronics Co has a Return On Asset of -0.0096. This is much lower than that of the Semiconductors & Semiconductor Equipment 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.

Sanan Return On Asset Peer Comparison

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

Sanan Fundamentals

About Sanan Optoelectronics Fundamental Analysis

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

Currently Active Assets on Macroaxis

Other Information on Investing in Sanan Stock

Sanan Optoelectronics financial ratios help investors to determine whether Sanan 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 Sanan with respect to the benefits of owning Sanan Optoelectronics security.