Air China Ret. on assets
What is the Ret. on assets of Air China?
The Ret. on assets of Air China Ltd. is -0.11%
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 OTC compared to Air China
What does Air China do?
Air China Limited, together with its subsidiaries, provides air passenger, air cargo, and airline-related services in Mainland China, Hong Kong, Macau, Taiwan, Europe, North America, Japan, Korea, the Asia Pacific, and internationally. The company operates through Airline Operations and Other Operations segments. It provides aircraft engineering and airport ground handling services. The company is also involved in the import and export trading activities; and provision of cabin, airline catering, air ticketing, human resources, aircraft overhaul and maintenance, and financial services. As of December 31, 2020, it owned and operated 707 aircrafts to 1300 destinations in 195 countries. The company was founded in 1988 and is based in Beijing, the People's Republic of China. Air China Limited is a subsidiary of China National Aviation Holding Corporation Limited.
Companies with ret. on assets similar to Air China
- Zuari Global has Ret. on assets of -0.12%
- Evotec SE has Ret. on assets of -0.12%
- Pure Acquisition has Ret. on assets of -0.12%
- Sundaram Brake Linings has Ret. on assets of -0.12%
- Jaiprakash Associates has Ret. on assets of -0.12%
- TC has Ret. on assets of -0.12%
- Air China has Ret. on assets of -0.11%
- Octopus Apollo VCT has Ret. on assets of -0.11%
- TTL Beteiligungs & Grundbesitz AG has Ret. on assets of -0.11%
- Food Idea has Ret. on assets of -0.11%
- BATM Advanced Communications has Ret. on assets of -0.11%
- K & P International has Ret. on assets of -0.11%
- Fah Mai Hldgs has Ret. on assets of -0.11%