Super Dragon Engineering Plastics Stock Return On Asset

301131 Stock   37.40  1.71  4.37%   
Super Dragon Engineering Plastics fundamentals help investors to digest information that contributes to Super-Dragon Engineering's financial success or failures. It also enables traders to predict the movement of Super-Dragon Stock. The fundamental analysis module provides a way to measure Super-Dragon Engineering'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 Super-Dragon Engineering 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.

Super Dragon Engineering Plastics Company Return On Asset Analysis

Super-Dragon Engineering'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 Super-Dragon Engineering Return On Asset

    
  0.0145  
Most of Super-Dragon Engineering'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, Super Dragon Engineering Plastics 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

Based on the latest financial disclosure, Super Dragon Engineering Plastics has a Return On Asset of 0.0145. This is 102.84% lower than that of the Electrical Equipment sector and significantly higher than that of the Industrials industry. The return on asset for all China stocks is 110.36% lower than that of the firm.

Super-Dragon Return On Asset Peer Comparison

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

Super-Dragon Fundamentals

About Super-Dragon Engineering Fundamental Analysis

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

Super-Dragon Engineering financial ratios help investors to determine whether Super-Dragon 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 Super-Dragon with respect to the benefits of owning Super-Dragon Engineering security.