Garmex Saigon

Garmex Saigon ROA

The Return on Assets (ROA) of Garmex Saigon (GMC.VN) as of Oct 23, 2026 is -12.40 %. In the previous year, Return on Assets (ROA) was -15.82 % — a change of -21.65% (higher).

ROA

-12.40 %

YoY

-21.65%

Last updated:

In 2023, Garmex Saigon's return on assets (ROA) was -12.40 %, a -21.65% increase from the -15.82 % ROA in the previous year.

The Garmex Saigon ROA history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROA
Date
ROA
Jan 1, 2016
6.90 VND
Jan 1, 2017
6.04 VND
Jan 1, 2018
11.97 VND
Jan 1, 2019
10.15 VND
Jan 1, 2020
3.79 VND
Jan 1, 2021
4.89 VND
Jan 1, 2022
-15.82 VND
Jan 1, 2023
-12.40 VND
The Garmex Saigon ROA history
YEARROAYoY
-12.40 %-21.65%
-15.82 %-423.49%
4.89 %+29.03%
3.79 %-62.67%
10.15 %-15.16%
11.97 %+97.97%
6.04 %-12.44%
6.90 %+14.82%
6.01 %—

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

Garmex Saigon Stock analysis

What does Garmex Saigon do? Garmex Saigon Corp, listed on the Vietnamese stock market with ticker GMC.VN and ISIN VN000000GMC2, is a company operating in the Consumer Discretionary sector, specifically within the Textiles, Apparel & Luxury Goods industry. Headquartered in Ho Chi Minh City, Vietnam, the company has 1,982 employees. It went public on December 22, 2006. Garmex Saigon Corp is engaged in the manufacture of knitted and woven garments, producing apparel and accessories. The company also provides laundry services and trades materials, supplies, and machinery related to garment manufacturing. Its website is https://www.garmex.vn/. The company's operations include textile production and the trade of materials necessary for garment manufacturing. Garmex Saigon Corp serves the domestic market in Vietnam and potentially exports its products. The company's activities span from textile production to the final sale of garments, covering a comprehensive range of services within the apparel industry. The firm's focus on both manufacturing and trading positions it within the broader textile and apparel supply chain. Garmex Saigon is one of the most popular companies on Eulerpool.

ROA Details

Understanding Garmex Saigon's Return on Assets (ROA)

Garmex Saigon's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Garmex Saigon's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Garmex Saigon's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Garmex Saigon’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Garmex Saigon stock

Return on Assets (ROA) of Garmex Saigon is -12.40 % in 2023.

Return on Assets (ROA) of Garmex Saigon changed from -15.82 % to -12.40 %, representing a -21.65% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Return on Assets (ROA) Garmex Saigon since 2006 – with annual values, charts, and detailed analysis.

Return on Assets, also known as ROA, is a financial metric used to measure a company's profitability. It is used to determine how effectively a company uses its assets to generate profits. It is also referred to as the ratio of net income to total assets. ROA is an important indicator of a company's overall financial performance as it measures the company's ability to generate more profit from the assets it employs.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Assets (ROA)'s Garmex Saigon with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Assets (ROA)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Assets (ROA).

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

Profitability — Garmex Saigon

All Key Metrics — Garmex Saigon