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Shandong Longda Meishi Co Ltd
SZSE:002726

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Shandong Longda Meishi Co Ltd
SZSE:002726
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Price: 7.19 CNY -0.42% Market Closed
Updated: Apr 18, 2024

ROA
Return on Assets

-21.6%
Current
-5%
Average
3%
Industry
Negative for the last year
-21.6%
Negative average
-5%
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
-21.6%
=
Net Income
-1.5B
/
Total Assets
7.1B

ROA Across Competitors

ROA Comparison
Shandong Longda Meishi Co Ltd Competitors

Country CN
Market Cap 7.5B CNY
ROA
-22%
Country JP
Market Cap 53.2T JPY
ROA
4%
Country CH
Market Cap 245.3B CHF
ROA
9%
Country US
Market Cap 89.7B USD
ROA
7%
Country US
Market Cap 44.9B USD
ROA
3%
Country FR
Market Cap 38.1B EUR
ROA
2%
Country MY
Market Cap 190.6B MYR
ROA
3%
Country US
Market Cap 38.7B USD
ROA
8%
Country US
Market Cap 37.3B USD
ROA
16%
Country CN
Market Cap 230B CNY
ROA
5%
Country ZA
Market Cap 30B Zac
ROA
11%

Profitability Report

View the profitability report to see the full profitability analysis for Shandong Longda Meishi 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
-21.6%
=
Net Income
-1.5B
/
Total Assets
7.1B
What is the ROA of Shandong Longda Meishi Co Ltd?

Based on Shandong Longda Meishi Co Ltd's most recent financial statements, the company has ROA of -21.6%.