Towngas Financial Statements From 2010 to 2024
| TGASF Stock | USD 0.41 0.00 0.00% |
Check Towngas China financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Towngas main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Towngas financial statements analysis is a perfect complement when working with Towngas China Valuation or Volatility modules.
Towngas |
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.
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.About Towngas China Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Towngas China income statement, its balance sheet, and the statement of cash flows. Towngas China investors use historical funamental indicators, such as Towngas China's revenue or net income, to determine how well the company is positioned to perform in the future. Although Towngas China investors may use each financial statement separately, they are all related. The changes in Towngas China's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Towngas China's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Towngas China Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Towngas China. Please read more on our technical analysis and fundamental analysis pages.
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.
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Check out the analysis of Towngas China Correlation against competitors. You can also try the Money Managers module to screen money managers from public funds and ETFs managed 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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