Zijin Mining Group Stock Return On Asset

ZIJMY Stock  USD 43.59  2.56  5.55%   
Zijin Mining Group fundamentals help investors to digest information that contributes to Zijin Mining's financial success or failures. It also enables traders to predict the movement of Zijin Pink Sheet. The fundamental analysis module provides a way to measure Zijin Mining'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 Zijin Mining pink sheet.
  
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Zijin Mining Group Company Return On Asset Analysis

Zijin Mining'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.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Zijin Mining Return On Asset

    
  0.0738  
Most of Zijin Mining'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, Zijin Mining Group 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, Zijin Mining Group has a Return On Asset of 0.0738. This is 90.03% lower than that of the Basic Materials sector and notably lower than that of the Gold industry. The return on asset for all United States stocks is 152.71% lower than that of the firm.

Zijin Return On Asset Peer Comparison

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

Zijin Fundamentals

About Zijin Mining Fundamental Analysis

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

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 Zijin Mining Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
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 Zijin Pink Sheet analysis

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