Jinhe Biotechnology Co Stock Return On Asset

002688 Stock   4.64  0.05  1.07%   
Jinhe Biotechnology Co fundamentals help investors to digest information that contributes to Jinhe Biotechnology's financial success or failures. It also enables traders to predict the movement of Jinhe Stock. The fundamental analysis module provides a way to measure Jinhe Biotechnology'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 Jinhe Biotechnology stock.
  
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Jinhe Biotechnology Co Company Return On Asset Analysis

Jinhe Biotechnology'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 Jinhe Biotechnology Return On Asset

    
  0.0223  
Most of Jinhe Biotechnology'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, Jinhe Biotechnology 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

Jinhe Total Assets

Total Assets

6.59 Billion

At present, Jinhe Biotechnology's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Jinhe Biotechnology Co has a Return On Asset of 0.0223. This is much higher than that of the Pharmaceuticals sector and significantly higher than that of the Health Care industry. The return on asset for all China stocks is notably lower than that of the firm.

Jinhe Return On Asset Peer Comparison

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

Jinhe Fundamentals

About Jinhe Biotechnology Fundamental Analysis

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

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Other Information on Investing in Jinhe Stock

Jinhe Biotechnology financial ratios help investors to determine whether Jinhe 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 Jinhe with respect to the benefits of owning Jinhe Biotechnology security.