Zhejiang Expressway Co Stock Return On Equity

ZHEXF Stock  USD 0.69  0.06  9.52%   
Zhejiang Expressway Co fundamentals help investors to digest information that contributes to Zhejiang Expressway's financial success or failures. It also enables traders to predict the movement of Zhejiang Pink Sheet. The fundamental analysis module provides a way to measure Zhejiang Expressway'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 Expressway 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.

Zhejiang Expressway Co Company Return On Equity Analysis

Zhejiang Expressway'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 Zhejiang Expressway Return On Equity

    
  0.11  
Most of Zhejiang Expressway'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, Zhejiang Expressway Co 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, Zhejiang Expressway Co has a Return On Equity of 0.1087. This is 75.3% lower than that of the Industrials sector and 124.16% lower than that of the Infrastructure Operations industry. The return on equity for all United States stocks is 135.06% lower than that of the firm.

Zhejiang Return On Equity Peer Comparison

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

Zhejiang Fundamentals

About Zhejiang Expressway Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Zhejiang Expressway Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zhejiang Expressway using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Zhejiang Expressway Co 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 Zhejiang Expressway 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, Zhejiang Expressway's short interest history, or implied volatility extrapolated from Zhejiang Expressway options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zhejiang Expressway Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for Zhejiang Pink Sheet analysis

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