Juneyao Airlines Stock Return On Asset

603885 Stock   12.65  0.12  0.94%   
Juneyao Airlines fundamentals help investors to digest information that contributes to Juneyao Airlines' financial success or failures. It also enables traders to predict the movement of Juneyao Stock. The fundamental analysis module provides a way to measure Juneyao Airlines' 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 Juneyao Airlines stock.
  
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Juneyao Airlines Company Return On Asset Analysis

Juneyao Airlines' 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 Juneyao Airlines Return On Asset

    
  0.0307  
Most of Juneyao Airlines' 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, Juneyao Airlines 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

Juneyao Total Assets

Total Assets

26.78 Billion

At present, Juneyao Airlines' Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Juneyao Airlines has a Return On Asset of 0.0307. This is 106.02% lower than that of the Passenger Airlines sector and significantly higher than that of the Industrials industry. The return on asset for all China stocks is 121.93% lower than that of the firm.

Juneyao Return On Asset Peer Comparison

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

Juneyao Fundamentals

About Juneyao Airlines Fundamental Analysis

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

Juneyao Airlines financial ratios help investors to determine whether Juneyao 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 Juneyao with respect to the benefits of owning Juneyao Airlines security.