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Sumitomo Chemical Co Ltd
TSE:4005

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Sumitomo Chemical Co Ltd
TSE:4005
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Price: 343.6 JPY -0.75% Market Closed
Updated: Apr 20, 2024

ROA
Return on Assets

-3.7%
Current
1%
Average
2.9%
Industry
Negative for the last year
-3.7%
Positive average
1%
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
-3.7%
=
Net Income
-163.1B
/
Total Assets
4.2T

ROA Across Competitors

ROA Comparison
Sumitomo Chemical Co Ltd Competitors

Country JP
Market Cap 562.1B JPY
ROA
-4%
Country ZA
Market Cap 98.6B Zac
ROA
1%
Country DE
Market Cap 45B EUR
ROA
0%
Country IN
Market Cap 1.4T INR
ROA
16%
Country CN
Market Cap 124.3B CNY
ROA
9%
Country ZA
Market Cap 9.5B Zac
ROA
6%
Country IN
Market Cap 749.7B INR
ROA
8%
Country JP
Market Cap 1.3T JPY
ROA
3%
Country JP
Market Cap 7.4B EUR
ROA
3%
Country FR
Market Cap 7.2B EUR
ROA
3%
Country JP
Market Cap 756.8B JPY
ROA
12%

Profitability Report

View the profitability report to see the full profitability analysis for Sumitomo Chemical 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
-3.7%
=
Net Income
-163.1B
/
Total Assets
4.2T
What is the ROA of Sumitomo Chemical Co Ltd?

Based on Sumitomo Chemical Co Ltd's most recent financial statements, the company has ROA of -3.7%.