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Timeless Software Ret. on assets

What is the Ret. on assets of Timeless Software?

The Ret. on assets of Timeless Software Limited is 11.16%

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 HKSE compared to Timeless Software

What does Timeless Software do?

Timeless Software Limited, an investment holding company, engages in mining business in the People's Republic of China. The company operates in two segments, Mining Business and Other Business. It explores, exploits, processes, and sells nickel and copper ores, as well as gold and iron ores. The company has interest in the Baishiquan nickel-copper mine located in Xinjiang. It is also involved in the provision of consultancy, software maintenance and development, and e-commerce services, as well as invests in IT and innovation projects, including e-Sport tournament organizing, bio and nano new materials, IT startup fund, and intelligent agricultural applications. In addition, the company engages in the technology and business investment activities. Timeless Software Limited was incorporated in 1996 and is based in Hong Kong, Hong Kong.

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