Nankang Rubber Tire Stock Return On Asset
| 2101 Stock | TWD 60.70 1.20 2.02% |
Nankang Rubber Tire fundamentals help investors to digest information that contributes to Nankang Rubber's financial success or failures. It also enables traders to predict the movement of Nankang Stock. The fundamental analysis module provides a way to measure Nankang Rubber'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 Nankang Rubber stock.
Nankang |
Nankang Rubber Tire Company Return On Asset Analysis
Nankang Rubber'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.
Current Nankang Rubber Return On Asset | -0.008 |
Most of Nankang Rubber'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, Nankang Rubber Tire 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, Nankang Rubber Tire has a Return On Asset of -0.008. This is 100.73% lower than that of the Auto Components sector and 100.43% lower than that of the Consumer Discretionary industry. The return on asset for all Taiwan stocks is 94.29% lower than that of the firm.
Nankang Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nankang Rubber'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 Nankang Rubber could also be used in its relative valuation, which is a method of valuing Nankang Rubber by comparing valuation metrics of similar companies.Nankang Rubber is currently under evaluation in return on asset category among related companies.
Nankang Fundamentals
| Return On Equity | -0.0956 | |||
| Return On Asset | -0.008 | |||
| Profit Margin | (0.14) % | |||
| Operating Margin | (0.06) % | |||
| Current Valuation | 43.28 B | |||
| Shares Outstanding | 833.09 M | |||
| Shares Owned By Insiders | 54.73 % | |||
| Shares Owned By Institutions | 5.17 % | |||
| Price To Earning | 82.07 X | |||
| Price To Book | 2.67 X | |||
| Price To Sales | 3.71 X | |||
| Revenue | 8.08 B | |||
| Gross Profit | 1.32 B | |||
| EBITDA | 642.53 M | |||
| Net Income | (243.25 M) | |||
| Cash And Equivalents | 2.6 B | |||
| Cash Per Share | 3.24 X | |||
| Total Debt | 7.34 B | |||
| Debt To Equity | 98.10 % | |||
| Current Ratio | 1.58 X | |||
| Book Value Per Share | 13.00 X | |||
| Cash Flow From Operations | (2.86 B) | |||
| Earnings Per Share | (0.88) X | |||
| Target Price | 60.0 | |||
| Number Of Employees | 24 | |||
| Beta | 0.35 | |||
| Market Capitalization | 29.16 B | |||
| Total Asset | 37.32 B | |||
| Retained Earnings | 2.55 B | |||
| Working Capital | 4.54 B | |||
| Current Asset | 12.79 B | |||
| Current Liabilities | 8.24 B | |||
| Z Score | 1.8 | |||
| Annual Yield | 0.02 % | |||
| Net Asset | 37.32 B |
About Nankang Rubber Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nankang Rubber Tire's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nankang Rubber using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nankang Rubber Tire 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Nankang Rubber in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Nankang Rubber's short interest history, or implied volatility extrapolated from Nankang Rubber options trading.
Thematic Opportunities
Explore Investment Opportunities
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Nankang Rubber Tire. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for Nankang Stock analysis
When running Nankang Rubber's price analysis, check to measure Nankang Rubber's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nankang Rubber is operating at the current time. Most of Nankang Rubber's value examination focuses on studying past and present price action to predict the probability of Nankang Rubber's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nankang Rubber's price. Additionally, you may evaluate how the addition of Nankang Rubber to your portfolios can decrease your overall portfolio volatility.
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |