Hunan Tyen Machinery Stock Return On Asset

600698 Stock   5.89  0.33  5.94%   
Hunan Tyen Machinery fundamentals help investors to digest information that contributes to Hunan Tyen's financial success or failures. It also enables traders to predict the movement of Hunan Stock. The fundamental analysis module provides a way to measure Hunan Tyen'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 Hunan Tyen 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.

Hunan Tyen Machinery Company Return On Asset Analysis

Hunan Tyen'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 Hunan Tyen Return On Asset

    
  -0.0044  
Most of Hunan Tyen'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, Hunan Tyen Machinery 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

Hunan Total Assets

Total Assets

1.13 Billion

At present, Hunan Tyen's Total Assets are projected to decrease significantly based on the last few years of reporting.
Based on the latest financial disclosure, Hunan Tyen Machinery has a Return On Asset of -0.0044. This is much lower than that of the Automobile Components sector and significantly lower than that of the Consumer Discretionary industry. The return on asset for all China stocks is notably higher than that of the company.

Hunan Return On Asset Peer Comparison

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

Hunan Fundamentals

About Hunan Tyen Fundamental Analysis

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

Currently Active Assets on Macroaxis

Other Information on Investing in Hunan Stock

Hunan Tyen financial ratios help investors to determine whether Hunan 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 Hunan with respect to the benefits of owning Hunan Tyen security.