Wedge Industrial Co

Wedge Industrial Co ROA

The Return on Assets (ROA) of Wedge Industrial Co (000534.SZ) as of Oct 19, 2026 is 4.85 %. In the previous year, Return on Assets (ROA) was 5.66 % — a change of -14.20% (lower).

ROA

4.85 %

YoY

-14.20%

Last updated:

In 2024, Wedge Industrial Co's return on assets (ROA) was 4.85 %, a -14.20% increase from the 5.66 % ROA in the previous year.

The Wedge Industrial Co ROA history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROA
Date
ROA
Jan 1, 2017
3.71 CNY
Jan 1, 2018
4.57 CNY
Jan 1, 2019
3.43 CNY
Jan 1, 2020
3.57 CNY
Jan 1, 2021
4.50 CNY
Jan 1, 2022
4.18 CNY
Jan 1, 2023
5.66 CNY
Jan 1, 2024
4.85 CNY
The Wedge Industrial Co ROA history
YEARROAYoY
4.85 %-14.20%
5.66 %+35.42%
4.18 %-7.15%
4.50 %+25.90%
3.57 %+4.29%
3.43 %-25.07%
4.57 %+23.21%
3.71 %+14.79%
3.23 %+129.13%
1.41 %-3.87%
1.47 %—

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Wedge Industrial Co Stock analysis

What does Wedge Industrial Co do? Wedge Industrial Co Ltd, headquartered in Shantou, China, operates in the Real Estate sector. The company engages in property sales and development, with a focus on domestic and international markets. It employs 1,221 full-time staff and has been listed on the stock market since 10 January 1994. The firm also develops and sells micro-ecological bacteria products, including probiotic supplements, and high-temperature alloy products such as precision casting blades and superalloy powder discs. Wedge Industrial Co is one of the most popular companies on Eulerpool.

ROA Details

Understanding Wedge Industrial Co's Return on Assets (ROA)

Wedge Industrial 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 Wedge Industrial 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 Wedge Industrial 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 Wedge Industrial 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 Wedge Industrial Co stock

Return on Assets (ROA) of Wedge Industrial Co is 4.85 % in 2024.

Return on Assets (ROA) of Wedge Industrial Co changed from 5.66 % to 4.85 %, representing a -14.20% change. The value is lower than the previous year.

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

All Key Metrics — Wedge Industrial Co