China Financial Statements From 2010 to 2024
| LGX1 Stock | EUR 3.68 0.02 0.55% |
Check China Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among China Resources' main balance sheet or income statement drivers, such as , as well as many indicators such as . China financial statements analysis is a perfect complement when working with China Resources Valuation or Volatility modules.
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China Resources Gas Company Return On Asset Analysis
China Resources' 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.
Current China Resources Return On Asset | 0.049 |
Most of China Resources' 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, China Resources Gas 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.
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Based on the latest financial disclosure, China Resources Gas has a Return On Asset of 0.049. This is 97.99% lower than that of the Utilities sector and 97.28% lower than that of the Utilities - Regulated Gas industry. The return on asset for all Germany stocks is 135.0% lower than that of the firm.
China Resources Gas Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining China Resources's current stock value. Our valuation model uses many indicators to compare China Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across China Resources competition to find correlations between indicators driving China Resources's intrinsic value. More Info.China Resources Gas is rated fourth overall in return on equity category among its peers. It is rated third overall in return on asset category among its peers reporting about 0.31 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for China Resources Gas is roughly 3.23 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the China Resources' earnings, one of the primary drivers of an investment's value.About China Resources Financial Statements
China Resources stakeholders use historical fundamental indicators, such as China Resources' revenue or net income, to determine how well the company is positioned to perform in the future. Although China Resources investors may analyze each financial statement separately, they are all interrelated. For example, changes in China Resources' assets and liabilities are reflected in the revenues and expenses on China Resources' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in China Resources Gas. Please read more on our technical analysis and fundamental analysis pages.
China Resources Gas Group Limited, an investment holding company, engages in the sale of liquefied gas and connection of gas pipelines in the Peoples Republic of China and Hong Kong. China Resources Gas Group Limited is a subsidiary of CRH Limited. China Resources operates under Utilities - Regulated Gas classification in Germany and is traded on Frankfurt Stock Exchange. It employs 48031 people.
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Other Information on Investing in China Stock
China Resources financial ratios help investors to determine whether China 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 China with respect to the benefits of owning China Resources security.