Loco Hong Kong Ret. on assets

What is the Ret. on assets of Loco Hong Kong?

The Ret. on assets of Loco Hong Kong Holdings Limited is -49.54%

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 Finance sector on HKSE compared to Loco Hong Kong

What does Loco Hong Kong do?

Loco Hong Kong Holdings Limited, an investment holding company, engages in the trade of metal and commodity forward contracts in Hong Kong and the People's Republic of China. The company primarily trades in silver, gold, and tin metals, as well as processes silver products. It also engages in the provision of money lending and education management services. The company serves licensed banks and metal traders in Hong Kong, Singapore, Japan, Taiwan, Australia, the United Kingdom, and Dubai. Loco Hong Kong Holdings Limited was founded in 2009 and is headquartered in Admiralty, Hong Kong.

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