Aluminum Corp Of China annual return on assets (roa)
2018
2019
2020
2021
2022
Aluminum Corp Of China Return on Assets (ROA) Growth & History (ALMMF)
Aluminum Corp Of China's return on assets (roa) was 5.16% for fiscal 2022.
View full Aluminum Corp Of China company overviewAluminum Corp Of China annual return on assets (roa) history
| Fiscal year | Period ended | Return on assets (ROA) | Change (percentage points) |
|---|---|---|---|
| 2022 | 2022-12-31 | 5.16% | +1.09 pp |
| 2021 | 2021-12-31 | 4.07% | +3.25 pp |
| 2020 | 2020-12-31 | 0.82% | +0.08 pp |
| 2019 | 2019-12-31 | 0.73% | +0.01 pp |
| 2018 | 2018-12-31 | 0.72% | — |
Aluminum Corp Of China return on assets (roa) trends
Between the periods ended 2018-12-31 and 2022-12-31, Aluminum Corp Of China's return on assets (roa) increased from 0.72% to 5.16%, a change of +4.44 percentage points.
About the metric
What return on assets means
Return on assets measures profit relative to the assets used to generate it. It can help compare operating efficiency over time, although normal ROA differs substantially between asset-light and asset-intensive industries.
Calculation and source
How return on assets is calculated
TickerStat calculates annual ROA as reported net income divided by average total assets. Quarterly observations use trailing-12-month net income and average assets over the corresponding one-year period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Aluminum Corp Of China source filings ↗