Wafangdian Bearing Co

Wafangdian Bearing Co ROA

The Return on Assets (ROA) of Wafangdian Bearing Co (200706.SZ) as of Nov 3, 2026 is -3.32 %. In the previous year, Return on Assets (ROA) was -3.13 % — a change of 6.24% (lower).

ROA

-3.32 %

YoY

6.24%

Last updated:

In 2024, Wafangdian Bearing Co's return on assets (ROA) was -3.32 %, a 6.24% increase from the -3.13 % ROA in the previous year.

The Wafangdian Bearing Co ROA history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROA
Date
ROA
Jan 1, 2017
0.32 CNY
Jan 1, 2018
0.32 CNY
Jan 1, 2019
-4.16 CNY
Jan 1, 2020
-12.13 CNY
Jan 1, 2021
-6.39 CNY
Jan 1, 2022
-4.21 CNY
Jan 1, 2023
-3.13 CNY
Jan 1, 2024
-3.32 CNY
The Wafangdian Bearing Co ROA history
YEARROAYoY
-3.32 %+6.24%
-3.13 %-25.66%
-4.21 %-34.14%
-6.39 %-47.34%
-12.13 %+191.63%
-4.16 %-1,394.40%
0.32 %+1.26%
0.32 %-63.50%
0.87 %-191.74%
-0.95 %-64.10%
-2.64 %—

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Wafangdian Bearing Co Stock analysis

What does Wafangdian Bearing Co do? Wafangdian Bearing Co., Ltd. generates revenue through the manufacture and sale of bearings, machinery, equipment, and automobile spare parts. The company's principal products are traffic bearings, special bearings, and general bearings, along with spare parts, which are distributed domestically and internationally. Its primary customers include automotive manufacturers and industrial machinery providers seeking reliable bearing solutions for their operations. The firm targets both domestic and overseas markets, leveraging its production capabilities to serve a wide range of industrial applications. The company's product portfolio focuses on high-quality bearings designed for diverse sectors such as transportation and machinery. By offering specialized products like traffic bearings and special bearings, Wafangdian caters to specific industry needs, ensuring customer satisfaction and repeat business. Its domestic and overseas market distribution strategy allows it to capture demand across different regions without relying on external partners or third-party platforms. Wafangdian Bearing Co., Ltd. operates with a dedicated workforce of 2,718 full-time employees, enabling efficient production and delivery of its core products. The company's revenue model is built on direct sales of bearings and spare parts, emphasizing quality and reliability to maintain a strong market position. Its focus on manufacturing ensures consistent product availability and customer trust in its offerings. Wafangdian Bearing Co is one of the most popular companies on Eulerpool.

ROA Details

Understanding Wafangdian Bearing Co's Return on Assets (ROA)

Wafangdian Bearing 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 Wafangdian Bearing 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 Wafangdian Bearing 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 Wafangdian Bearing 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 Wafangdian Bearing Co stock

Return on Assets (ROA) of Wafangdian Bearing Co is -3.32 % in 2024.

Return on Assets (ROA) of Wafangdian Bearing Co changed from -3.13 % to -3.32 %, representing a 6.24% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Assets (ROA) Wafangdian Bearing 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 Wafangdian Bearing 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 — Wafangdian Bearing Co

ROEROAROCEROICAsset TurnoverInventory TurnoverReceivables TurnoverDays Sales OutstandingDays Inventory OutstandingDays Payable OutstandingCash Conversion CycleCROICGross Profit/AssetsFixed Asset TurnoverEquity TurnoverWorking Capital TurnoverPayables TurnoverCapital IntensityReceivables/RevenueInventory/RevenueEBIT/Assets

All Key Metrics — Wafangdian Bearing Co