As of June 8, 2025, Jingwei Textile Machinery Co Ltd (000666.SZ) reports a ROA (Return on Assets) of 1.16%.
ROA (Return on Assets) evaluates how effectively a company turns its assets into profits, showcasing resource utilization.
Historical Trend of Jingwei Textile Machinery Co Ltd's ROA (Return on Assets)
Over recent years, Jingwei Textile Machinery Co Ltd's ROA (Return on Assets) has shown significant volatility. The table below summarizes the historical values:
| Date | ROA (Return on Assets) |
|---|---|
| 2022-12-31 | 1.16% |
| 2021-12-31 | 1.45% |
| 2020-12-31 | 1.10% |
| 2019-12-31 | 1.37% |
| 2018-12-31 | 1.94% |
This gradual decrease highlights how Jingwei Textile Machinery Co Ltd manages its efficiency in using assets to generate earnings over time.
Comparing Jingwei Textile Machinery Co Ltd's ROA (Return on Assets) to Peers
To better understand Jingwei Textile Machinery Co Ltd's position, it's useful to compare its ROA (Return on Assets) against industry peers. Below are selected comparisons:
| Company | ROA (Return on Assets) |
|---|---|
| Jingwei Textile Machinery Co Ltd (000666.SZ) | 1.16% |
| Jingjin Equipment Inc (603279.SS) | 9.78% |
| Keda Industrial Group Co Ltd (600499.SS) | 6.24% |
| Guangzhou Guangri Stock Co Ltd (600894.SS) | 5.51% |
| Moon Environment Technology Co Ltd (000811.SZ) | 5.29% |
| Shanghai YongLi Belting Co Ltd (300230.SZ) | 5.21% |
Compared to its competitors, Jingwei Textile Machinery Co Ltd's ROA (Return on Assets) is about average compared to peers, indicating typical asset efficiency for the industry.