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Xinlun New Materials Co Ltd
SZSE:002341

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Xinlun New Materials Co Ltd Logo
Xinlun New Materials Co Ltd
SZSE:002341
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Price: 2.73 CNY Market Closed
Updated: Apr 26, 2024

ROA
Return on Assets

-27.2%
Current
-18%
Average
1.7%
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
-27.2%
=
Net Income
-1.4B
/
Total Assets
4.7B

ROA Across Competitors

ROA Comparison
Xinlun New Materials Co Ltd Competitors

Country CN
Market Cap 3.1B CNY
ROA
-27%
Country US
Market Cap 7.5B USD
ROA
3%
Country CN
Market Cap 31.6B CNY
ROA
11%
Country FR
Market Cap 2.7B EUR
ROA
8%
Country US
Market Cap 2B USD
ROA
3%
Country JP
Market Cap 304B JPY
ROA
5%
Country US
Market Cap 1.8B USD
ROA
2%
Country JP
Market Cap 222.6B JPY
ROA
8%
Country US
Market Cap 1.4B USD
ROA
4%
Country JP
Market Cap 166.8B JPY
ROA
8%
Country US
Market Cap 889.7m USD
ROA
4%

Profitability Report

View the profitability report to see the full profitability analysis for Xinlun New Materials 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
-27.2%
=
Net Income
-1.4B
/
Total Assets
4.7B
What is the ROA of Xinlun New Materials Co Ltd?

Based on Xinlun New Materials Co Ltd's most recent financial statements, the company has ROA of -27.2%.