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Hebei Huijin Group Co Ltd
SZSE:300368

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Hebei Huijin Group Co Ltd
SZSE:300368
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Price: 4.64 CNY -1.49% Market Closed
Updated: Apr 26, 2024

ROA
Return on Assets

-8.7%
Current
-2%
Average
2.5%
Industry
Negative for the last year
-8.7%
Negative average
-2%
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
-8.7%
=
Net Income
-286.4m
/
Total Assets
3B

ROA Across Competitors

ROA Comparison
Hebei Huijin Group Co Ltd Competitors

Country CN
Market Cap 2.5B CNY
ROA
-9%
Country JP
Market Cap 15.7T JPY
ROA
14%
Country CN
Market Cap 304.6B CNY
ROA
11%
Country SE
Market Cap 329.8B SEK
ROA
5%
Country US
Market Cap 25.5B USD
ROA
11%
Country IL
Market Cap 25.2B USD
ROA
0%
Country US
Market Cap 17.4B USD
ROA
6%
Country US
Market Cap 14.5B USD
ROA
4%
Country US
Market Cap 14.4B USD
ROA
4%
Country UK
Market Cap 8.2B GBP
ROA
9%

Profitability Report

View the profitability report to see the full profitability analysis for Hebei Huijin Group 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
-8.7%
=
Net Income
-286.4m
/
Total Assets
3B
What is the ROA of Hebei Huijin Group Co Ltd?

Based on Hebei Huijin Group Co Ltd's most recent financial statements, the company has ROA of -8.7%.