Kuangda Technology Group Stock Return On Asset

002516 Stock   5.81  0.04  0.68%   
Kuangda Technology Group fundamentals help investors to digest information that contributes to Kuangda Technology's financial success or failures. It also enables traders to predict the movement of Kuangda Stock. The fundamental analysis module provides a way to measure Kuangda Technology'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 Kuangda Technology 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.

Kuangda Technology Group Company Return On Asset Analysis

Kuangda Technology'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 Kuangda Technology Return On Asset

    
  0.0308  
Most of Kuangda Technology'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, Kuangda Technology Group 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

Kuangda Total Assets

Total Assets

3.76 Billion

At present, Kuangda Technology's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Kuangda Technology Group has a Return On Asset of 0.0308. This is much higher than that of the Textiles, Apparel & Luxury Goods sector and significantly higher than that of the Consumer Discretionary industry. The return on asset for all China stocks is notably lower than that of the firm.

Kuangda Return On Asset Peer Comparison

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

Kuangda Fundamentals

About Kuangda Technology Fundamental Analysis

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

Kuangda Technology financial ratios help investors to determine whether Kuangda 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 Kuangda with respect to the benefits of owning Kuangda Technology security.