Zhejiang Orient Gene Stock Return On Asset

688298 Stock   32.39  0.27  0.83%   
Zhejiang Orient Gene fundamentals help investors to digest information that contributes to Zhejiang Orient'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 Orient'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 Orient 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 Orient Gene Company Return On Asset Analysis

Zhejiang Orient'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 Zhejiang Orient Return On Asset

    
  -0.0538  
Most of Zhejiang Orient'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, Zhejiang Orient Gene 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

Based on the latest financial disclosure, Zhejiang Orient Gene has a Return On Asset of -0.0538. This is 99.39% lower than that of the Health Care Equipment & Supplies sector and 99.7% lower than that of the Health Care industry. The return on asset for all China stocks is 61.57% lower than that of the firm.

Zhejiang Return On Asset Peer Comparison

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

Zhejiang Fundamentals

About Zhejiang Orient Fundamental Analysis

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