China Magnesium Ret. on assets
What is the Ret. on assets of China Magnesium?
The Ret. on assets of China Magnesium Corporation Limited is -6.18%
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 Materials sector on ASX compared to China Magnesium
What does China Magnesium do?
Sovran White International Limited engages in processing and selling magnesium, coke, fertilizer, and related products in Western Australia and internationally. The company also offers magnesium alloys, as well as semi-coke, calcium metal, tar oil, and other industrial products. In addition, it is involved in the production of magnesium ingots. The company was formerly known as China Magnesium Corporation Limited and changed its name to Sovran White International Limited in June 2020. Sovran White International Limited was founded in 2007 and is based in Brisbane, Australia.
Companies with ret. on assets similar to China Magnesium
- Kalytera Therapeutics has Ret. on assets of -6.19%
- Myriad Genetics has Ret. on assets of -6.19%
- Zodiac Clothing has Ret. on assets of -6.18%
- Midnight Sun Mining has Ret. on assets of -6.18%
- Mercer Park Brand Acquisition has Ret. on assets of -6.18%
- Polymet Mining Corp has Ret. on assets of -6.18%
- China Magnesium has Ret. on assets of -6.18%
- The Boeing has Ret. on assets of -6.17%
- The Boeing has Ret. on assets of -6.17%
- Greenheart has Ret. on assets of -6.17%
- Hing Lee (HK) has Ret. on assets of -6.17%
- Toutabo SA has Ret. on assets of -6.17%
- SITI Networks has Ret. on assets of -6.16%