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Kuaishou Technology
HKEX:1024

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Kuaishou Technology Logo
Kuaishou Technology
HKEX:1024
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Price: 45.85 HKD 0.44% Market Closed
Updated: Apr 19, 2024

ROA
Return on Assets

7.1%
Current
-63%
Average
-0.8%
Industry
Positive for the last year
7.1%
Negative average
-63%
Better than average
Better than industry value

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
7.1%
=
Net Income
6.4B
/
Total Assets
88.9B

ROA Across Competitors

ROA Comparison
Kuaishou Technology Competitors

Country CN
Market Cap 198.8B HKD
ROA
7%
Country US
Market Cap 1.9T USD
ROA
19%
Country US
Market Cap 1.3T USD
ROA
19%
Country CN
Market Cap 2.9T HKD
ROA
7%
Country CN
Market Cap 33.5B USD
ROA
5%
Country JP
Market Cap 29.4B EUR
ROA
1%
Country US
Market Cap 22.4B USD
ROA
-1%
Country KR
Market Cap 27.2T KRW
ROA
3%
Country US
Market Cap 19.1B USD
ROA
-17%
Country JP
Market Cap 2.6T JPY
ROA
1%
Country KR
Market Cap 21.5T KRW
ROA
-4%

Profitability Report

View the profitability report to see the full profitability analysis for Kuaishou Technology.

See Also

Discover More
What is Return on Assets?

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
7.1%
=
Net Income
6.4B
/
Total Assets
88.9B
What is the ROA of Kuaishou Technology?

Based on Kuaishou Technology's most recent financial statements, the company has ROA of 7.1%.