Guizhou Wire Rope Co ROA

Return on Assets (ROA) of Guizhou Wire Rope Co changed from 1.01 % to -0.99 %, representing a -197.99% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Assets (ROA) Guizhou Wire Rope Co 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 Guizhou Wire Rope Co 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).