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Hangzhou Zhongya Machinery Co Ltd
SZSE:300512

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Hangzhou Zhongya Machinery Co Ltd Logo
Hangzhou Zhongya Machinery Co Ltd
SZSE:300512
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Price: 5.93 CNY -0.5% Market Closed
Updated: Apr 18, 2024

ROA
Return on Assets

2.6%
Current
4%
Average
3.6%
Industry
Positive for the last year
2.6%
Positive average
4%
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
2.6%
=
Net Income
66.2m
/
Total Assets
2.7B

ROA Across Competitors

ROA Comparison
Hangzhou Zhongya Machinery Co Ltd Competitors

Country CN
Market Cap 2.4B CNY
ROA
3%
Country SE
Market Cap 890.1B SEK
ROA
16%
Country US
Market Cap 74.8B USD
ROA
19%
Country US
Market Cap 70.3B USD
ROA
9%
Country US
Market Cap 39B USD
ROA
14%
Country US
Market Cap 36.5B USD
ROA
5%
Country JP
Market Cap 5.2T JPY
ROA
10%
Country US
Market Cap 30.9B USD
ROA
5%
Country JP
Market Cap 4.7T JPY
ROA
4%
Country US
Market Cap 28.1B USD
ROA
5%
Country SE
Market Cap 299.9B SEK
ROA
9%

Profitability Report

View the profitability report to see the full profitability analysis for Hangzhou Zhongya Machinery 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
2.6%
=
Net Income
66.2m
/
Total Assets
2.7B
What is the ROA of Hangzhou Zhongya Machinery Co Ltd?

Based on Hangzhou Zhongya Machinery Co Ltd's most recent financial statements, the company has ROA of 2.6%.