Shanghai Rendu Biotechnology Stock Return On Asset

688193 Stock   42.92  0.08  0.19%   
Shanghai Rendu Biotechnology fundamentals help investors to digest information that contributes to Shanghai Rendu's financial success or failures. It also enables traders to predict the movement of Shanghai Stock. The fundamental analysis module provides a way to measure Shanghai Rendu'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 Shanghai Rendu 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.

Shanghai Rendu Biotechnology Company Return On Asset Analysis

Shanghai Rendu'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

More About Return On Asset | All Equity Analysis

Current Shanghai Rendu Return On Asset

    
  -0.0062  
Most of Shanghai Rendu'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, Shanghai Rendu Biotechnology 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

Shanghai Total Assets

Total Assets

664.38 Million

At present, Shanghai Rendu's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Shanghai Rendu Biotechnology has a Return On Asset of -0.0062. This is much lower than that of the Biotechnology sector and significantly lower than that of the Health Care industry. The return on asset for all China stocks is notably higher than that of the company.

Shanghai Return On Asset Peer Comparison

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

Shanghai Fundamentals

About Shanghai Rendu Fundamental Analysis

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

Shanghai Rendu financial ratios help investors to determine whether Shanghai 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 Shanghai with respect to the benefits of owning Shanghai Rendu security.