Shenyang Chemical Industry Stock Return On Asset

000698 Stock   3.69  0.04  1.07%   
Shenyang Chemical Industry fundamentals help investors to digest information that contributes to Shenyang Chemical's financial success or failures. It also enables traders to predict the movement of Shenyang Stock. The fundamental analysis module provides a way to measure Shenyang Chemical'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 Shenyang Chemical stock.
  
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Shenyang Chemical Industry Company Return On Asset Analysis

Shenyang Chemical'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 Shenyang Chemical Return On Asset

    
  -0.0056  
Most of Shenyang Chemical'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, Shenyang Chemical Industry 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

Shenyang Total Assets

Total Assets

7.25 Billion

At present, Shenyang Chemical's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Shenyang Chemical Industry has a Return On Asset of -0.0056. This is 100.76% lower than that of the Chemicals sector and significantly lower than that of the Materials industry. The return on asset for all China stocks is 96.0% lower than that of the firm.

Shenyang Return On Asset Peer Comparison

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

Shenyang Fundamentals

About Shenyang Chemical Fundamental Analysis

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

Shenyang Chemical financial ratios help investors to determine whether Shenyang 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 Shenyang with respect to the benefits of owning Shenyang Chemical security.