Towngas China Stock Fundamentals

TGASF Stock  USD 0.41  0.01  1.22%   
Towngas China fundamentals help investors to digest information that contributes to Towngas China's financial success or failures. It also enables traders to predict the movement of Towngas Pink Sheet. The fundamental analysis module provides a way to measure Towngas China'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 Towngas China pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Towngas China Company Return On Equity Analysis

Towngas China'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 Towngas China Return On Equity

    
  0.0753  
Most of Towngas China'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, Towngas China 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

Based on the latest financial disclosure, Towngas China has a Return On Equity of 0.0753. This is 98.71% lower than that of the Utilities sector and significantly higher than that of the Utilities—Regulated Gas industry. The return on equity for all United States stocks is 124.29% lower than that of the firm.

Towngas China Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Towngas China's current stock value. Our valuation model uses many indicators to compare Towngas China value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Towngas China competition to find correlations between indicators driving Towngas China's intrinsic value. More Info.
Towngas China is currently regarded as top stock in return on equity category among related companies. It is currently regarded as top stock in return on asset category among related companies reporting about  0.33  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Towngas China is roughly  3.04 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Towngas China by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Towngas China's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Towngas China's earnings, one of the primary drivers of an investment's value.

Towngas Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Towngas China's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Towngas China could also be used in its relative valuation, which is a method of valuing Towngas China by comparing valuation metrics of similar companies.
Towngas China is currently under evaluation in return on equity category among related companies.

Towngas Fundamentals

About Towngas China Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Towngas China's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Towngas China using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Towngas China 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.
Towngas Smart Energy Company Limited, an investment holding company, sells and distributes piped gas in the Peoples Republic of China. Towngas Smart Energy Company Limited is a subsidiary of The Hong Kong and China Gas Company Limited. Towngas China operates under UtilitiesRegulated Gas classification in the United States and is traded on OTC Exchange. It employs 23476 people.

Currently Active Assets on Macroaxis

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Towngas China. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

Complementary Tools for Towngas Pink Sheet analysis

When running Towngas China's price analysis, check to measure Towngas China'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 Towngas China is operating at the current time. Most of Towngas China's value examination focuses on studying past and present price action to predict the probability of Towngas China's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Towngas China's price. Additionally, you may evaluate how the addition of Towngas China to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Towngas China's value and its price as these two are different measures arrived at by different means. Investors typically determine if Towngas China is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Towngas China's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.