Vietnam Machine Investment Development JSC

Vietnam Machine Investment Development JSC ROA

The Return on Assets (ROA) of Vietnam Machine Investment Development JSC (VVS.VN) as of Oct 23, 2026 is 2.96 %. In the previous year, Return on Assets (ROA) was 0.92 % — a change of 220.11% (higher).

ROA

2.96 %

YoY

220.11%

Last updated:

In 2024, Vietnam Machine Investment Development JSC's return on assets (ROA) was 2.96 %, a 220.11% increase from the 0.92 % ROA in the previous year.

The Vietnam Machine Investment Development JSC ROA history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROA
Date
ROA
Jan 1, 2020
0.86 VND
Jan 1, 2021
0.62 VND
Jan 1, 2022
0.84 VND
Jan 1, 2023
0.92 VND
Jan 1, 2024
2.96 VND
The Vietnam Machine Investment Development JSC ROA history
YEARROAYoY
2.96 %+220.11%
0.92 %+9.34%
0.84 %+37.12%
0.62 %-28.70%
0.86 %—

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Vietnam Machine Investment Development JSC Stock analysis

What does Vietnam Machine Investment Development JSC do? Vietnam Machine Investment Development JSC, trading under the ticker VVS.VN with ISIN VN000000VVS8, is a company based in Hanoi, Vietnam. The company completed its initial public offering (IPO) on October 7, 2022. Its official website is https://vimid.vn/. The company operates in an unspecified sector and industry, as indicated by the N/A designations in the provided data. The headquarters is located in Hanoi, and the company's primary market is Vietnam. No additional details regarding its products, services, management team, or financial figures are provided in the available information. The company's website serves as the primary source for further details about its operations and business activities. As a newly listed entity, Vietnam Machine Investment Development JSC is positioned within the Vietnamese capital markets, reflecting the country's growing trend of corporate listings on local exchanges. The company's focus and strategic direction remain unclear from the provided data, as no specific sector or industry classification is given. Investors and stakeholders are directed to the company's website for more comprehensive information. Vietnam Machine Investment Development JSC is one of the most popular companies on Eulerpool.

ROA Details

Understanding Vietnam Machine Investment Development JSC's Return on Assets (ROA)

Vietnam Machine Investment Development JSC'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 Vietnam Machine Investment Development JSC'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 Vietnam Machine Investment Development JSC'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 Vietnam Machine Investment Development JSC’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 Vietnam Machine Investment Development JSC stock

Return on Assets (ROA) of Vietnam Machine Investment Development JSC is 2.96 % in 2024.

Return on Assets (ROA) of Vietnam Machine Investment Development JSC changed from 0.92 % to 2.96 %, representing a 220.11% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Return on Assets (ROA) Vietnam Machine Investment Development JSC 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 Vietnam Machine Investment Development JSC 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 — Vietnam Machine Investment Development JSC

All Key Metrics — Vietnam Machine Investment Development JSC