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Asahi Concrete Works Co Ltd
TSE:5268

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Asahi Concrete Works Co Ltd Logo
Asahi Concrete Works Co Ltd
TSE:5268
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Price: 721 JPY -0.55% Market Closed
Updated: Apr 20, 2024

ROA
Return on Assets

2.6%
Current
3%
Average
2.1%
Industry
Positive for the last year
2.6%
Positive average
3%
Worse 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
2.6%
=
Net Income
351.8m
/
Total Assets
13.7B

ROA Across Competitors

ROA Comparison
Asahi Concrete Works Co Ltd Competitors

Country JP
Market Cap 9.5B JPY
ROA
3%
Country IE
Market Cap 43.3B GBP
ROA
7%
Country CH
Market Cap 43.6B CHF
ROA
6%
Country US
Market Cap 35.6B USD
ROA
8%
Country US
Market Cap 33.3B USD
ROA
6%
Country IN
Market Cap 2.7T INR
ROA
7%
Country DE
Market Cap 17B EUR
ROA
6%
Country DE
Market Cap 17.1B EUR
ROA
6%
Country IN
Market Cap 1.5T INR
ROA
2%
Country CN
Market Cap 122.8B CNY
ROA
4%
Country IE
Market Cap 23.2B AUD
ROA
12%

Profitability Report

View the profitability report to see the full profitability analysis for Asahi Concrete Works 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
351.8m
/
Total Assets
13.7B
What is the ROA of Asahi Concrete Works Co Ltd?

Based on Asahi Concrete Works Co Ltd's most recent financial statements, the company has ROA of 2.6%.