Tianjin Ruixin Technology Stock Return On Asset

300828 Stock   17.33  1.88  9.79%   
Tianjin Ruixin Technology fundamentals help investors to digest information that contributes to Tianjin Ruixin's financial success or failures. It also enables traders to predict the movement of Tianjin Stock. The fundamental analysis module provides a way to measure Tianjin Ruixin'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 Tianjin Ruixin 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.

Tianjin Ruixin Technology Company Return On Asset Analysis

Tianjin Ruixin'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 Tianjin Ruixin Return On Asset

    
  0.0407  
Most of Tianjin Ruixin'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, Tianjin Ruixin Technology 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

Tianjin Total Assets

Total Assets

515.39 Million

At present, Tianjin Ruixin's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Tianjin Ruixin Technology has a Return On Asset of 0.0407. This is 94.5% lower than that of the Metals & Mining sector and 98.78% lower than that of the Materials industry. The return on asset for all China stocks is 129.07% lower than that of the firm.

Tianjin Return On Asset Peer Comparison

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

Tianjin Fundamentals

About Tianjin Ruixin Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Tianjin Ruixin Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tianjin Ruixin using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tianjin Ruixin Technology 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Tianjin Stock

Tianjin Ruixin financial ratios help investors to determine whether Tianjin 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 Tianjin with respect to the benefits of owning Tianjin Ruixin security.