Lenovo Group Ltd
HKEX:992
ROA
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 Across Competitors
| Country | Company | Market Cap | ROA | ||
|---|---|---|---|---|---|
| CN |
|
Lenovo Group Ltd
HKEX:992
|
113.5B HKD |
3%
|
|
| US |
|
Apple Inc
NASDAQ:AAPL
|
2.9T USD |
28%
|
|
| KR |
|
Samsung Electronics Co Ltd
KRX:005930
|
390.9T KRW |
7%
|
|
| CN |
|
Xiaomi Corp
HKEX:1810
|
1.3T HKD |
8%
|
|
| US |
|
Dell Technologies Inc
NYSE:DELL
|
76.5B USD |
5%
|
|
| TW |
|
Quanta Computer Inc
TWSE:2382
|
1.1T TWD |
8%
|
|
| JP |
|
Canon Inc
TSE:7751
|
3.9T JPY |
3%
|
|
| IE |
|
Seagate Technology Holdings PLC
NASDAQ:STX
|
27B USD |
20%
|
|
| SG |
S
|
Seagate Technology Holdings PLC
XBER:847
|
22.8B EUR |
20%
|
|
| JP |
|
Fujifilm Holdings Corp
TSE:4901
|
3.7T JPY |
5%
|
|
| US |
|
Super Micro Computer Inc
NASDAQ:SMCI
|
24.8B USD |
12%
|
Lenovo Group Ltd
Glance View
Lenovo Group Ltd., a titan in the world of technology, began its journey in 1984 in Beijing as Legend, a small computer venture. As the market for PCs exploded, Lenovo seized the opportunity by marrying cutting-edge innovation with strategic acquisitions. In 2005, it made headlines by purchasing IBM's Personal Computing Division, a bold move that catapulted Lenovo onto the global stage, transforming it into one of the largest PC vendors in the world. This acquisition not only expanded its product line but also granted Lenovo access to a wealth of technology and a prestigious brand name that resonated with corporate clients. Over time, Lenovo’s innovative spirit continued to drive its focus beyond PCs to include smartphones, tablets, and other smart devices, all contributing to its revenue stream. Today, Lenovo operates mainly across three business segments: Intelligent Devices Group, Infrastructure Solutions Group, and Solutions & Services Group. Its core business revolves around the development, manufacturing, and sale of personal computers, workstations, and smart devices under its flagship brands, including ThinkPad and Yoga, which deliver consistent revenue through both consumer and enterprise markets. Furthermore, Lenovo capitalizes on the growing demand for hybrid cloud infrastructure and data center solutions by providing tailored services through its Infrastructure Solutions Group. Additionally, the Solutions & Services Group provides a range of software and service solutions, enhancing customer engagement and providing recurring revenue streams. With a strategic emphasis on integrating hardware, services, and solutions, Lenovo is positioned not just as a hardware manufacturer, but as a comprehensive technology solutions provider, capable of navigating and thriving in the rapidly evolving tech landscape.
See Also
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.
Based on Lenovo Group Ltd's most recent financial statements, the company has ROA of 3.3%.
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