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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: 725 JPY 0.14% Market Closed
Updated: Apr 18, 2024

ROE
Return on Equity

3.4%
Current
3%
Average
6%
Industry
Positive for the last year
3.4%
Positive average
3%
Better than average
Worse than industry value

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
3.4%
=
Net Income
351.8m
/
Equity
10.5B

ROE Across Competitors

ROE Comparison
Asahi Concrete Works Co Ltd Competitors

Country JP
Market Cap 9.5B JPY
ROE
3%
Country IE
Market Cap 43.5B GBP
ROE
15%
Country CH
Market Cap 43.7B CHF
ROE
11%
Country US
Market Cap 36.6B USD
ROE
15%
Country US
Market Cap 34.2B USD
ROE
13%
Country IN
Market Cap 2.7T INR
ROE
12%
Country DE
Market Cap 17.2B EUR
ROE
11%
Country DE
Market Cap 17.4B EUR
ROE
11%
Country IN
Market Cap 1.5T INR
ROE
7%
Country CN
Market Cap 121.1B CNY
ROE
6%
Country IE
Market Cap 23.5B AUD
ROE
31%

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 Equity?

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
3.4%
=
Net Income
351.8m
/
Equity
10.5B
What is the ROE of Asahi Concrete Works Co Ltd?

Based on Asahi Concrete Works Co Ltd's most recent financial statements, the company has ROE of 3.4%.