First Time Loading...

Lenovo Group Ltd
HKEX:992

Watchlist Manager
Lenovo Group Ltd Logo
Lenovo Group Ltd
HKEX:992
Watchlist
Price: 9.03 HKD 2.38% Market Closed
Updated: Apr 27, 2024

ROA
Return on Assets

2.2%
Current
4%
Average
0.2%
Industry

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
2.2%
=
Net Income
876.4m
/
Total Assets
39.2B

ROA Across Competitors

ROA Comparison
Lenovo Group Ltd Competitors

Country CN
Market Cap 111.9B HKD
ROA
2%
Country US
Market Cap 2.6T USD
ROA
29%
Country KR
Market Cap 521T KRW
ROA
3%
Country US
Market Cap 88.6B USD
ROA
4%
Country CN
Market Cap 434.7B HKD
ROA
6%
Country US
Market Cap 46.6B USD
ROA
17%
Country TW
Market Cap 992.5B TWD
ROA
5%
Country US
Market Cap 27.7B USD
ROA
9%
Country JP
Market Cap 4.2T JPY
ROA
5%
Country JP
Market Cap 4T JPY
ROA
6%
Country US
Market Cap 22.8B USD
ROA
-9%

Profitability Report

View the profitability report to see the full profitability analysis for Lenovo Group 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
2.2%
=
Net Income
876.4m
/
Total Assets
39.2B
What is the ROA of Lenovo Group Ltd?

Based on Lenovo Group Ltd's most recent financial statements, the company has ROA of 2.2%.