China Southern Airlines Ret. on assets
What is the Ret. on assets of China Southern Airlines?
The Ret. on assets of China Southern Airlines Company Ltd. is -7.40%
What is the definition of Ret. on assets?
Return on assets indicates how profitable a company’s assets are in generating revenue. It is computed by dividing net income by average total assets.
ttm (trailing twelve months)
The return on assets (ROA) tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. It's a useful number for comparing competing companies in the same industry. The number will vary widely across different industries. Return on assets gives an indication of the capital intensity of the company, which will depend on the industry; companies that require large initial investments will generally have lower return on assets. ROAs over 5% are generally considered good.
Ret. on assets of companies in the Industrials sector on NYSE compared to China Southern Airlines
What does China Southern Airlines do?
China Southern Airlines Company Limited is an airline headquartered in Baiyun District, Guangzhou, Guangdong Province and is the largest airline in China.
Companies with ret. on assets similar to China Southern Airlines
- Muthoot Capital Services has Ret. on assets of -7.42%
- Sassy Resources has Ret. on assets of -7.41%
- Alterra has Ret. on assets of -7.41%
- Universe Entertainment and Culture has Ret. on assets of -7.40%
- Arlo Technologies Inc has Ret. on assets of -7.40%
- Global Link Communications has Ret. on assets of -7.40%
- China Southern Airlines has Ret. on assets of -7.40%
- JPMorgan Japanese Investment Trust Plc has Ret. on assets of -7.40%
- Leading Edge Materials has Ret. on assets of -7.40%
- Leading Edge Materials has Ret. on assets of -7.40%
- Branding China has Ret. on assets of -7.40%
- Apollo Gold Corp has Ret. on assets of -7.39%
- K2 Gold has Ret. on assets of -7.39%