Tencent Ret. on assets
What is the Ret. on assets of Tencent?
The Ret. on assets of Tencent Holdings Limited is 12.60%
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 Technology sector on HKSE compared to Tencent
What does Tencent do?
Tencent Holdings Limited, an investment holding company, provides value-added services (VAS) and Online advertising services in Mainland China and internationally. The company operates through VAS, Online Advertising, FinTech and Business Services, and Others segments. It offers online games and social network services; FinTech and cloud services, and online advertising services. The company is also involved in the production, investment, and distribution of films and television programs for third parties, as well as copyrights licensing, merchandise sales, and other activities. n addition, it develops software; develops and operates online games; and provides information technology, information system integration, asset management, online literature, and online music entertainment services. Tencent Holdings Limited company was founded in 1998 and is headquartered in Shenzhen, the People's Republic of China.
Companies with ret. on assets similar to Tencent
- Ituran Location And Control has Ret. on assets of 12.58%
- Thomson Reuters has Ret. on assets of 12.59%
- Manning & Napier Inc has Ret. on assets of 12.59%
- Ipsen SA has Ret. on assets of 12.59%
- Gamma Communications Plc has Ret. on assets of 12.59%
- Nesco has Ret. on assets of 12.60%
- Tencent has Ret. on assets of 12.60%
- Shanghai MicroPort Endovascular MedTech Co has Ret. on assets of 12.60%
- Express has Ret. on assets of 12.61%
- China Feihe Ltd has Ret. on assets of 12.62%
- Fidelity European Values Plc has Ret. on assets of 12.62%
- Major Drilling International has Ret. on assets of 12.62%
- Allegion plc has Ret. on assets of 12.62%