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Nippon Concrete Industries Co Ltd
TSE:5269

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Nippon Concrete Industries Co Ltd Logo
Nippon Concrete Industries Co Ltd
TSE:5269
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Price: 383 JPY 1.59% Market Closed
Updated: Apr 19, 2024

ROA
Return on Assets

0.7%
Current
1%
Average
2.2%
Industry
Positive for the last year
0.7%
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
0.7%
=
Net Income
570.9m
/
Total Assets
78.4B

ROA Across Competitors

ROA Comparison
Nippon Concrete Industries Co Ltd Competitors

Country JP
Market Cap 20.8B JPY
ROA
1%
Country IE
Market Cap 43.4B GBP
ROA
7%
Country CH
Market Cap 43.7B CHF
ROA
6%
Country US
Market Cap 36.5B USD
ROA
8%
Country US
Market Cap 34B USD
ROA
6%
Country IN
Market Cap 2.7T INR
ROA
7%
Country DE
Market Cap 17.4B EUR
ROA
6%
Country DE
Market Cap 17.2B EUR
ROA
6%
Country IN
Market Cap 1.5T INR
ROA
2%
Country CN
Market Cap 121.1B CNY
ROA
4%
Country IE
Market Cap 23.5B AUD
ROA
12%

Profitability Report

View the profitability report to see the full profitability analysis for Nippon Concrete Industries 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
0.7%
=
Net Income
570.9m
/
Total Assets
78.4B
What is the ROA of Nippon Concrete Industries Co Ltd?

Based on Nippon Concrete Industries Co Ltd's most recent financial statements, the company has ROA of 0.7%.