First Time Loading...

Vincent Medical Holdings Ltd
HKEX:1612

Watchlist Manager
Vincent Medical Holdings Ltd Logo
Vincent Medical Holdings Ltd
HKEX:1612
Watchlist
Price: 0.375 HKD -2.6% Market Closed
Updated: Apr 19, 2024

ROA
Return on Assets

7.6%
Current
9%
Average
-1.8%
Industry
Positive for the last year
7.6%
Positive average
9%
Worse 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
7.6%
=
Net Income
57.3m
/
Total Assets
756.7m

ROA Across Competitors

ROA Comparison
Vincent Medical Holdings Ltd Competitors

Country HK
Market Cap 238.5m HKD
ROA
8%
Country US
Market Cap 182.5B USD
ROA
8%
Country US
Market Cap 131.3B USD
ROA
13%
Country US
Market Cap 124.5B USD
ROA
8%
Country IE
Market Cap 105.3B USD
ROA
5%
Country US
Market Cap 98.8B USD
ROA
5%
Country US
Market Cap 67.4B USD
ROA
2%
Country DE
Market Cap 56.8B EUR
ROA
3%
Country US
Market Cap 52B USD
ROA
16%
Country US
Market Cap 51.8B USD
ROA
9%

Profitability Report

View the profitability report to see the full profitability analysis for Vincent Medical Holdings Ltd.

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
7.6%
=
Net Income
57.3m
/
Total Assets
756.7m
What is the ROA of Vincent Medical Holdings Ltd?

Based on Vincent Medical Holdings Ltd's most recent financial statements, the company has ROA of 7.6%.