Zhejiang Yongjin Metal Stock Return On Equity

603995 Stock   19.19  0.21  1.11%   
Zhejiang Yongjin Metal fundamentals help investors to digest information that contributes to Zhejiang Yongjin's financial success or failures. It also enables traders to predict the movement of Zhejiang Stock. The fundamental analysis module provides a way to measure Zhejiang Yongjin'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 Zhejiang Yongjin 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.

Zhejiang Yongjin Metal Company Return On Equity Analysis

Zhejiang Yongjin'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 Zhejiang Yongjin Return On Equity

    
  0.15  
Most of Zhejiang Yongjin'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, Zhejiang Yongjin Metal 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

Zhejiang Total Stockholder Equity

Total Stockholder Equity

3.1 Billion

At present, Zhejiang Yongjin's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Zhejiang Yongjin Metal has a Return On Equity of 0.1454. This is 84.02% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The return on equity for all China stocks is 146.9% lower than that of the firm.

Zhejiang Return On Equity Peer Comparison

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

Zhejiang Fundamentals

About Zhejiang Yongjin Fundamental Analysis

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

Zhejiang Yongjin financial ratios help investors to determine whether Zhejiang 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 Zhejiang with respect to the benefits of owning Zhejiang Yongjin security.