Leaguer Shenzhen Microelectronics Stock Return On Asset

688589 Stock   27.74  0.67  2.48%   
Leaguer Shenzhen MicroElectronics fundamentals help investors to digest information that contributes to Leaguer Shenzhen's financial success or failures. It also enables traders to predict the movement of Leaguer Stock. The fundamental analysis module provides a way to measure Leaguer Shenzhen'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 Leaguer Shenzhen stock.
  
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Leaguer Shenzhen MicroElectronics Company Return On Asset Analysis

Leaguer Shenzhen'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 Leaguer Shenzhen Return On Asset

    
  0.0221  
Most of Leaguer Shenzhen'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, Leaguer Shenzhen MicroElectronics 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

Leaguer Total Assets

Total Assets

821.95 Million

At present, Leaguer Shenzhen's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Leaguer Shenzhen MicroElectronics has a Return On Asset of 0.0221. This is 100.76% lower than that of the Semiconductors & Semiconductor Equipment sector and 89.48% lower than that of the Information Technology industry. The return on asset for all China stocks is 115.79% lower than that of the firm.

Leaguer Return On Asset Peer Comparison

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

Leaguer Fundamentals

About Leaguer Shenzhen Fundamental Analysis

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

Leaguer Shenzhen financial ratios help investors to determine whether Leaguer 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 Leaguer with respect to the benefits of owning Leaguer Shenzhen security.