IREM Co

IREM Co ROA

The Return on Assets (ROA) of IREM Co (009730.KQ) as of Nov 3, 2026 is 0.16 %. In the previous year, Return on Assets (ROA) was 6.41 % — a change of -97.56% (lower).

ROA

0.16 %

YoY

-97.56%

Last updated:

In 2023, IREM Co's return on assets (ROA) was 0.16 %, a -97.56% increase from the 6.41 % ROA in the previous year.

The IREM Co ROA history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROA
Date
ROA
Jan 1, 2015
1.92 KRW
Jan 1, 2016
-14.62 KRW
Jan 1, 2017
7.58 KRW
Jan 1, 2018
-18.58 KRW
Jan 1, 2020
-45.86 KRW
Jan 1, 2021
-10.14 KRW
Jan 1, 2022
6.41 KRW
Jan 1, 2023
0.16 KRW
The IREM Co ROA history
YEARROAYoY
0.16 %-97.56%
6.41 %-163.17%
-10.14 %-77.89%
-45.86 %+146.79%
-18.58 %-345.07%
7.58 %-151.85%
-14.62 %-862.36%
1.92 %-12.78%
2.20 %—

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IREM Co Stock analysis

What does IREM Co do? Kossen Co., Ltd. generates revenue through its steel pipes segment, which manufactures stainless steel tubes for use as component materials in ships, aircrafts, automobiles, and manufacturing equipment for food, alcoholic beverages, petrochemicals, and paper. The company also operates a new renewable energy segment that utilizes solar energy for power generation and offers vehicle modification services by reforming engines to use compressed natural gas instead of petroleum. The business is structured around these two distinct segments, serving industries such as construction, transportation, and energy. Kossen Co., Ltd. is headquartered in Buan, Jeollabuk-Do and currently employs 93 full-time employees who support the manufacture and sale of these industrial products and services. IREM Co is one of the most popular companies on Eulerpool.

ROA Details

Understanding IREM Co's Return on Assets (ROA)

IREM Co'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 IREM Co'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 IREM Co'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 IREM Co’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 IREM Co stock

Return on Assets (ROA) of IREM Co is 0.16 % in 2023.

Return on Assets (ROA) of IREM Co changed from 6.41 % to 0.16 %, representing a -97.56% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Assets (ROA) IREM 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 IREM 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).

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Profitability — IREM Co

All Key Metrics — IREM Co