Industrial & Commercial Bank of China Ret. on assets
What is the Ret. on assets of Industrial & Commercial Bank of China?
The Ret. on assets of Industrial & Commercial Bank of China Ltd. is 0.86%
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 OTC compared to Industrial & Commercial Bank of China
What does Industrial & Commercial Bank of China do?
Industrial and Commercial Bank of China Limited, together with its subsidiaries, provides banking products and services in the People's Republic of China and internationally. It operates through Corporate Banking, Personal Banking, and Treasury Operations segments. The Corporate Banking segment offers financial products and services to corporations, government agencies, and financial institutions. Its products and services include corporate loans, trade financing, deposit-taking activities, corporate wealth management services, custody activities, various corporate intermediary services, etc. The Personal Banking segment provides financial products and services to individual customers. This segment's products and services comprise personal loans and cards, deposits, personal wealth management, personal intermediary services, etc. The Treasury Operations segment is involved in the money market transactions, investment securities, and foreign exchange transactions, as well as in the holding of derivative positions. The company also offers e-banking services, including Internet, telephone, and mobile banking services; and investment banking, fund and financial asset management, trust, financial leasing, broker dealer, securities margin and trading, insurance, and other financial services. It operates 16,653 institutions, including 16,227 domestic institutions and 426 overseas institutions. Industrial and Commercial Bank of China Limited was founded in 1984 and is headquartered in Beijing, the People's Republic of China.
Companies with ret. on assets similar to Industrial & Commercial Bank of China
- Mid Penn has Ret. on assets of 0.85%
- VSE has Ret. on assets of 0.85%
- Societe Nationale de Propriete d'Immeubles has Ret. on assets of 0.85%
- Vanguard Index Funds - Vanguard S&P 500 ETF has Ret. on assets of 0.85%
- Renasant has Ret. on assets of 0.85%
- Clearwater Seafoods has Ret. on assets of 0.85%
- Industrial & Commercial Bank of China has Ret. on assets of 0.86%
- Reinsurance Of America has Ret. on assets of 0.86%
- Summit Hotel Properties Inc has Ret. on assets of 0.86%
- The Karnataka Bank has Ret. on assets of 0.86%
- Change Healthcare Inc has Ret. on assets of 0.86%
- Chemung has Ret. on assets of 0.86%
- Covivio Hotels Societe anonyme has Ret. on assets of 0.86%