Litian Ret. on assets

What is the Ret. on assets of Litian?

The Ret. on assets of Litian Group Inc. is -172.42%

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 OTC compared to Litian

What does Litian do?

Litian Group Inc. engages in the renewable energy business. The company is involved in the creation of a solar farm in India. It also focuses on commercial real estate development business. The company was formerly known as Dino Energy Corporation and changed its name to Litian Group Inc. in June 2020. Litian Group Inc. is based in Calgary, Canada.

Companies with ret. on assets similar to Litian

Hepion Pharmaceuticals Inc has Ret. on assets of -174.30%
Bankers Cobalt Corp has Ret. on assets of -174.28%
LawFinance has Ret. on assets of -174.20%
Pathway Health Corp has Ret. on assets of -173.40%
Harvest Technology has Ret. on assets of -172.87%
Aquarius AI has Ret. on assets of -172.73%
Litian has Ret. on assets of -172.42%
Tauriga Sciences has Ret. on assets of -172.32%
Eskay Mining has Ret. on assets of -171.46%
Supernova Metals has Ret. on assets of -171.01%
Xantippe Resources has Ret. on assets of -170.35%
Tff Pharmaceuticals Inc has Ret. on assets of -170.07%
Applied Therapeutics has Ret. on assets of -170.00%