First Time Loading...
G

Goyo Foods Industry Co Ltd
TSE:2230

Watchlist Manager
Goyo Foods Industry Co Ltd
TSE:2230
Watchlist
Price: 0.0263 JPY Market Closed
Updated: Apr 19, 2024

ROA
Return on Assets

4%
Current
3%
Average
3%
Industry
Positive for the last year
4%
Positive average
3%
Better than average
Better 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
4%
=
Net Income
98.4m
/
Total Assets
2.4B

ROA Across Competitors

ROA Comparison
Goyo Foods Industry Co Ltd Competitors

Country JP
Market Cap 53.2T JPY
ROA
4%
Country CH
Market Cap 244.4B CHF
ROA
9%
Country US
Market Cap 90.6B USD
ROA
7%
Country US
Market Cap 45.2B USD
ROA
3%
Country FR
Market Cap 37.9B EUR
ROA
2%
Country US
Market Cap 39B USD
ROA
8%
Country US
Market Cap 37.8B USD
ROA
16%
Country CN
Market Cap 231.5B CNY
ROA
5%
Country ZA
Market Cap 30.2B Zac
ROA
11%
Country ZA
Market Cap 29.4B Zac
ROA
20%
Country CN
Market Cap 206.6B CNY
ROA
18%

Profitability Report

View the profitability report to see the full profitability analysis for Goyo Foods Industry 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
4%
=
Net Income
98.4m
/
Total Assets
2.4B
What is the ROA of Goyo Foods Industry Co Ltd?

Based on Goyo Foods Industry Co Ltd's most recent financial statements, the company has ROA of 4%.