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Nichias Corp
TSE:5393

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Nichias Corp
TSE:5393
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Price: 4 035 JPY -2.18% Market Closed
Updated: Mar 29, 2024

ROE
Return on Equity

13.2%
Current
13%
Average
8.4%
Industry
Positive for the last year
13.2%
Positive average
13%
Better than average
Better 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
13.2%
=
Net Income
23.7B
/
Equity
178.8B

ROE Across Competitors

ROE Comparison
Nichias Corp Competitors

Country JP
Market Cap 267.7B JPY
ROE
13%
Country MY
Market Cap 1.8T MYR
ROE
-16%
Country IE
Market Cap 68B USD
ROE
31%
Country US
Market Cap 48.3B USD
ROE
16%
Country IE
Market Cap 44.2B USD
ROE
13%
Country JP
Market Cap 6T JPY
ROE
10%
Country FR
Market Cap 36B EUR
ROE
12%
Country SE
Market Cap 341.1B SEK
ROE
15%
Country US
Market Cap 25.6B USD
ROE
32%
Country CH
Market Cap 17.7B CHF
ROE
44%
Country US
Market Cap 18.6B USD
ROE
26%

ROE Distribution

ROE Distribution
Building Industry

Profitability Report

View the profitability report to see the full profitability analysis for Nichias Corp.

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
13.2%
=
Net Income
23.7B
/
Equity
178.8B
What is the ROE of Nichias Corp?

Based on Nichias Corp's most recent financial statements, the company has ROE of 13.2%.