China XD Plastics Co Ltd Ret. on assets
What is the Ret. on assets of China XD Plastics Co Ltd?
The Ret. on assets of China XD Plastics Co Ltd is 1.91%
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 Consumer Discretionary sector on NASDAQ compared to China XD Plastics Co Ltd
What does China XD Plastics Co Ltd do?
China XD Plastics Company Limited, through its wholly-owned subsidiaries, develops, manufactures and sells polymer composites materials, primarily for automotive applications. The Company's products are used in the exterior and interior trim and in the functional components of 31 automobile brands manufactured in China, including without limitation, Audi, Mercedes Benz, BMW, Toyota, Buick, Chevrolet, Mazda, Volvo, Ford, Citroen, Jinbei and VW Passat, Golf, Jetta, etc. The Company's wholly-owned research center is dedicated to the research and development of polymer composites materials and benefits from its cooperation with well-known scientists from prestigious universities in China. As of September 30, 2020, 644 of the Company's products have been certified for use by one or more of the automobile manufacturers in China.
Companies with ret. on assets similar to China XD Plastics Co Ltd
- Schroders Plc has Ret. on assets of 1.91%
- Reliance Infrastructure has Ret. on assets of 1.91%
- Topgolf Callaway Brands Corp has Ret. on assets of 1.91%
- Software AG has Ret. on assets of 1.91%
- Coty Cl.A Dl ,01 has Ret. on assets of 1.91%
- Ricoh has Ret. on assets of 1.91%
- China XD Plastics Co Ltd has Ret. on assets of 1.91%
- Vertu Motors Plc has Ret. on assets of 1.91%
- AllianceBernstein National Municipal Income Fund Inc has Ret. on assets of 1.92%
- The Hi-Tech Gears has Ret. on assets of 1.92%
- Allspring Utilities and High Income Fund has Ret. on assets of 1.92%
- Atlas Engineered Products has Ret. on assets of 1.92%
- Gtcc has Ret. on assets of 1.92%