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Tencent Holdings Ltd
HKEX:700

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Tencent Holdings Ltd
HKEX:700
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Price: 304.2 HKD -0.07% Market Closed
Updated: Apr 19, 2024

ROA
Return on Assets

7.4%
Current
13%
Average
-0.8%
Industry
Positive for the last year
7.4%
Positive average
13%
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
7.4%
=
Net Income
115.2B
/
Total Assets
1.5T

ROA Across Competitors

ROA Comparison
Tencent Holdings Ltd Competitors

Country CN
Market Cap 2.9T 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 33.5B USD
ROA
5%
Country JP
Market Cap 29.7B EUR
ROA
1%
Country CN
Market Cap 192.3B HKD
ROA
7%
Country US
Market Cap 22.3B USD
ROA
-1%
Country KR
Market Cap 27.4T 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 21.1T KRW
ROA
-4%

Profitability Report

View the profitability report to see the full profitability analysis for Tencent 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
7.4%
=
Net Income
115.2B
/
Total Assets
1.5T
What is the ROA of Tencent Holdings Ltd?

Based on Tencent Holdings Ltd's most recent financial statements, the company has ROA of 7.4%.