China Touyun Tech Ret. on assets
What is the Ret. on assets of China Touyun Tech?
The Ret. on assets of China Touyun Tech Group Limited is -39.51%
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 China Touyun Tech
What does China Touyun Tech do?
Touyun Biotech Group Limited, an investment holding company, designs, develops, manufactures, and sells packaging products in Hong Kong, the People's Republic of China, Europe, North and South America, and internationally. It operates through four segments: QR Code Business, Packaging Products, Treasury Investment, and Chlamydomonas Reinhardtii Product Business. The QR Code Business segment provides QR codes on product packaging and solutions; and online advertising display services. The Packaging Products segment manufactures and sells watch boxes, jewelry boxes, eyewear cases, bags and pouches, and display units. The Treasury Investment segment invests in and trades in securities, as well as offers money lending, securities brokerage, asset management, and margin financing services. The Chlamydomonas Reinhardtii Product Business segment produces and sells chlamydomonas reinhardtii, micro-algae, and related products. It also provides business intelligence IT solutions and corporate management services. The company was formerly known as China Touyun Tech Group Limited and changed its name to Touyun Biotech Group Limited in May 2021. Touyun Biotech Group Limited was founded in 1989 and is headquartered in Wan Chai, Hong Kong.
Companies with ret. on assets similar to China Touyun Tech
- Poseida Therapeutics has Ret. on assets of -39.66%
- KORU Medical Systems Inc has Ret. on assets of -39.65%
- PureK has Ret. on assets of -39.63%
- Simply Better Brands has Ret. on assets of -39.63%
- Bass Metals has Ret. on assets of -39.60%
- Tongda Hong Tai has Ret. on assets of -39.54%
- China Touyun Tech has Ret. on assets of -39.51%
- Fabled Silver Gold has Ret. on assets of -39.50%
- Simply has Ret. on assets of -39.46%
- HC International has Ret. on assets of -39.40%
- EQ has Ret. on assets of -39.40%
- Terragen has Ret. on assets of -39.40%
- HPQ-Silicon Resources has Ret. on assets of -39.40%