Travelsky Technology Ltd Stock Return On Equity

TSYHY Stock  USD 13.75  0.19  1.40%   
TravelSky Technology Ltd fundamentals help investors to digest information that contributes to TravelSky Technology's financial success or failures. It also enables traders to predict the movement of TravelSky Pink Sheet. The fundamental analysis module provides a way to measure TravelSky Technology'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 TravelSky Technology 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.

TravelSky Technology Ltd Company Return On Equity Analysis

TravelSky Technology'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 TravelSky Technology Return On Equity

    
  0.0401  
Most of TravelSky Technology'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, TravelSky Technology Ltd 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, TravelSky Technology Ltd has a Return On Equity of 0.0401. This is 100.33% lower than that of the Technology sector and 99.13% lower than that of the Information Technology Services industry. The return on equity for all United States stocks is 112.94% lower than that of the firm.

TravelSky Return On Equity Peer Comparison

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

TravelSky Fundamentals

About TravelSky Technology Fundamental Analysis

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

Currently Active Assets on Macroaxis

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TravelSky Technology Ltd. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the TravelSky Technology information on this page should be used as a complementary analysis to other TravelSky Technology's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary Tools for TravelSky Pink Sheet analysis

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