Olympic Circuit Technology Stock Return On Asset

603920 Stock   30.91  0.42  1.38%   
Olympic Circuit Technology fundamentals help investors to digest information that contributes to Olympic Circuit's financial success or failures. It also enables traders to predict the movement of Olympic Stock. The fundamental analysis module provides a way to measure Olympic Circuit'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 Olympic Circuit 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.

Olympic Circuit Technology Company Return On Asset Analysis

Olympic Circuit'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

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Current Olympic Circuit Return On Asset

    
  0.058  
Most of Olympic Circuit'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, Olympic Circuit 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

Olympic Total Assets

Total Assets

4.52 Billion

At present, Olympic Circuit's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Olympic Circuit Technology has a Return On Asset of 0.058. This is 102.01% lower than that of the Electronic Equipment, Instruments & Components sector and 100.46% lower than that of the Information Technology industry. The return on asset for all China stocks is 141.43% lower than that of the firm.

Olympic Return On Asset Peer Comparison

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

Olympic Fundamentals

About Olympic Circuit Fundamental Analysis

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

Olympic Circuit financial ratios help investors to determine whether Olympic 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 Olympic with respect to the benefits of owning Olympic Circuit security.