Power Assets Ret. on assets
What is the Ret. on assets of Power Assets?
The Ret. on assets of Power Assets Holdings Limited is 6.04%
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 Utilities sector on HKSE compared to Power Assets
What does Power Assets do?
Power Assets Holdings Limited, an investment holding company, generates, transmits, and distributes electricity in Hong Kong, the United Kingdom, Australia, Mainland China, and internationally. The company generates energy from thermal, renewable energy, and waste sources. It also distributes gas; transmits oil; holds property and deposits; and provides consulting, investing, trust administration, and management services. The company has a generation capacity of 1,004 MW renewable energy/energy from waste, 4,754 MW gas fired, and 4,216 MW coal/oil fired; and operates 114,000 km of gas/oil pipeline, as well as 400,700 km of power network serving 19,192,000 customers. The company was formerly known as Hongkong Electric Holdings Limited and changed its name to Power Assets Holdings Limited in February 2011. Power Assets Holdings Limited was founded in 1889 and is based in Central, Hong Kong.
Companies with ret. on assets similar to Power Assets
- Vistar has Ret. on assets of 6.04%
- Bhageria Industries has Ret. on assets of 6.04%
- Extra Space Storage has Ret. on assets of 6.04%
- Amerigo Resources has Ret. on assets of 6.04%
- Amerigo Resources has Ret. on assets of 6.04%
- Cooper Tire & Rubber Co has Ret. on assets of 6.04%
- Power Assets has Ret. on assets of 6.04%
- Albertsons Companies has Ret. on assets of 6.04%
- Reliance Worldwide has Ret. on assets of 6.04%
- Shandong Yuanli Science and Technology Co has Ret. on assets of 6.04%
- AdaptHealth has Ret. on assets of 6.04%
- IVP has Ret. on assets of 6.04%
- AdaptHealth has Ret. on assets of 6.04%