Xingguang Agricultural Mach Stock Return On Asset

603789 Stock   9.65  0.51  5.58%   
Xingguang Agricultural Mach fundamentals help investors to digest information that contributes to Xingguang Agricultural's financial success or failures. It also enables traders to predict the movement of Xingguang Stock. The fundamental analysis module provides a way to measure Xingguang Agricultural'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 Xingguang Agricultural 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.

Xingguang Agricultural Mach Company Return On Asset Analysis

Xingguang Agricultural'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 Xingguang Agricultural Return On Asset

    
  -0.0922  
Most of Xingguang Agricultural'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, Xingguang Agricultural Mach 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

Xingguang Total Assets

Total Assets

1.36 Billion

At present, Xingguang Agricultural's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Xingguang Agricultural Mach has a Return On Asset of -0.0922. This is 81.92% lower than that of the Machinery sector and significantly lower than that of the Industrials industry. The return on asset for all China stocks is 34.14% lower than that of the firm.

Xingguang Return On Asset Peer Comparison

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

Xingguang Fundamentals

About Xingguang Agricultural Fundamental Analysis

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

Xingguang Agricultural financial ratios help investors to determine whether Xingguang 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 Xingguang with respect to the benefits of owning Xingguang Agricultural security.