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Zhuhai CosMX Battery Co Ltd
SSE:688772

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Zhuhai CosMX Battery Co Ltd
SSE:688772
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Price: 12.49 CNY 2.71%
Updated: Apr 19, 2024

ROA
Return on Assets

0.9%
Current
3%
Average
2.5%
Industry
Positive for the last year
0.9%
Positive average
3%
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
0.9%
=
Net Income
169.1m
/
Total Assets
19.9B

ROA Across Competitors

ROA Comparison
Zhuhai CosMX Battery Co Ltd Competitors

Country CN
Market Cap 14B CNY
ROA
1%
Country FR
Market Cap 120.2B EUR
ROA
7%
Country IE
Market Cap 123.4B USD
ROA
9%
Country CN
Market Cap 834.6B CNY
ROA
7%
Country CH
Market Cap 81.6B CHF
ROA
9%
Country KR
Market Cap 85.8T KRW
ROA
3%
Country US
Market Cap 62.5B USD
ROA
27%
Country US
Market Cap 40.9B USD
ROA
10%
Country US
Market Cap 30.9B USD
ROA
6%
Country US
Market Cap 31.3B USD
ROA
11%
Country BR
Market Cap 161.9B BRL
ROA
19%

Profitability Report

View the profitability report to see the full profitability analysis for Zhuhai CosMX Battery Co 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
0.9%
=
Net Income
169.1m
/
Total Assets
19.9B
What is the ROA of Zhuhai CosMX Battery Co Ltd?

Based on Zhuhai CosMX Battery Co Ltd's most recent financial statements, the company has ROA of 0.9%.