First Time Loading...
W

West China Cement Ltd
HKEX:2233

Watchlist Manager
West China Cement Ltd
HKEX:2233
Watchlist
Price: 1.19 HKD 7.21%
Updated: Apr 26, 2024

ROA
Return on Assets

1.4%
Current
6%
Average
2.1%
Industry
Positive for the last year
1.4%
Positive average
6%
Worse than average
Worse 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
1.4%
=
Net Income
421.3m
/
Total Assets
30.2B

ROA Across Competitors

ROA Comparison
West China Cement Ltd Competitors

Country CN
Market Cap 6B HKD
ROA
1%
Country IE
Market Cap 42.9B GBP
ROA
7%
Country CH
Market Cap 43.7B CHF
ROA
6%
Country US
Market Cap 36.9B USD
ROA
8%
Country US
Market Cap 34.2B USD
ROA
6%
Country IN
Market Cap 2.8T INR
ROA
7%
Country IN
Market Cap 1.6T INR
ROA
2%
Country DE
Market Cap 17B EUR
ROA
6%
Country DE
Market Cap 17B EUR
ROA
6%
Country CN
Market Cap 119.2B CNY
ROA
4%
Country KR
Market Cap 21.2T KRW
ROA
1%

Profitability Report

View the profitability report to see the full profitability analysis for West China Cement 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
1.4%
=
Net Income
421.3m
/
Total Assets
30.2B
What is the ROA of West China Cement Ltd?

Based on West China Cement Ltd's most recent financial statements, the company has ROA of 1.4%.