Lumax International Corp Stock Return On Asset

6192 Stock  TWD 118.00  1.00  0.85%   
Lumax International Corp fundamentals help investors to digest information that contributes to Lumax International's financial success or failures. It also enables traders to predict the movement of Lumax Stock. The fundamental analysis module provides a way to measure Lumax International'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 Lumax International stock.
  
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Lumax International Corp Company Return On Asset Analysis

Lumax International'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 Lumax International Return On Asset

    
  0.076  
Most of Lumax International'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, Lumax International Corp 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, Lumax International Corp has a Return On Asset of 0.076. This is 102.63% lower than that of the Trading Companies & Distributors sector and 96.26% lower than that of the Industrials industry. The return on asset for all Taiwan stocks is 154.29% lower than that of the firm.

Lumax Return On Asset Peer Comparison

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

Lumax Fundamentals

About Lumax International Fundamental Analysis

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Thematic Ideas
Explore Investing Ideas  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Lumax International Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Complementary Tools for Lumax Stock analysis

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