Ningbo Thermal Power Stock Return On Equity

600982 Stock   4.04  0.07  1.76%   
Ningbo Thermal Power fundamentals help investors to digest information that contributes to Ningbo Thermal's financial success or failures. It also enables traders to predict the movement of Ningbo Stock. The fundamental analysis module provides a way to measure Ningbo Thermal'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 Ningbo Thermal stock.
  
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Ningbo Thermal Power Company Return On Equity Analysis

Ningbo Thermal's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Ningbo Thermal Return On Equity

    
  0.0802  
Most of Ningbo Thermal's fundamental indicators, such as Return On Equity, 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, Ningbo Thermal Power is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Competition

Ningbo Total Stockholder Equity

Total Stockholder Equity

4.4 Billion

At present, Ningbo Thermal's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Ningbo Thermal Power has a Return On Equity of 0.0802. This is 98.62% lower than that of the Multi-Utilities sector and 99.12% lower than that of the Utilities industry. The return on equity for all China stocks is 125.87% lower than that of the firm.

Ningbo Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ningbo Thermal's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ningbo Thermal could also be used in its relative valuation, which is a method of valuing Ningbo Thermal by comparing valuation metrics of similar companies.
Ningbo Thermal is currently under evaluation in return on equity category among its peers.

Ningbo Fundamentals

About Ningbo Thermal Fundamental Analysis

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

Ningbo Thermal financial ratios help investors to determine whether Ningbo 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 Ningbo with respect to the benefits of owning Ningbo Thermal security.