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Shinagawa Refractories Co Ltd
TSE:5351

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Shinagawa Refractories Co Ltd
TSE:5351
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Price: 1 843 JPY 1.43% Market Closed
Updated: Apr 25, 2024

ROA
Return on Assets

9.4%
Current
6%
Average
2.1%
Industry
Positive for the last year
9.4%
Positive average
6%
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
9.4%
=
Net Income
14.4B
/
Total Assets
148.6B

ROA Across Competitors

ROA Comparison
Shinagawa Refractories Co Ltd Competitors

Country JP
Market Cap 85.3B JPY
ROA
9%
Country IE
Market Cap 43.3B GBP
ROA
7%
Country CH
Market Cap 44.5B CHF
ROA
6%
Country US
Market Cap 36.6B USD
ROA
8%
Country US
Market Cap 33.9B USD
ROA
6%
Country IN
Market Cap 2.8T INR
ROA
7%
Country IN
Market Cap 1.6T INR
ROA
2%
Country DE
Market Cap 17.2B EUR
ROA
6%
Country DE
Market Cap 17B EUR
ROA
6%
Country KR
Market Cap 22.3T KRW
ROA
1%
Country CN
Market Cap 118.3B CNY
ROA
4%

Profitability Report

View the profitability report to see the full profitability analysis for Shinagawa Refractories 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
9.4%
=
Net Income
14.4B
/
Total Assets
148.6B
What is the ROA of Shinagawa Refractories Co Ltd?

Based on Shinagawa Refractories Co Ltd's most recent financial statements, the company has ROA of 9.4%.