Olympic Circuit Technology Stock Return On Equity

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 Equity Analysis

Olympic Circuit'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 Olympic Circuit Return On Equity

    
  0.13  
Most of Olympic Circuit'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, Olympic Circuit Technology 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

Olympic Total Stockholder Equity

Total Stockholder Equity

2.75 Billion

At present, Olympic Circuit's Total Stockholder Equity is 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 Equity of 0.1283. This is 101.07% lower than that of the Electronic Equipment, Instruments & Components sector and 101.03% lower than that of the Information Technology industry. The return on equity for all China stocks is 141.39% lower than that of the firm.

Olympic Return On Equity 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 Equity 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 equity 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.

Currently Active Assets on Macroaxis

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.