ASE Return On Assets from 2010 to 2024

ASX Stock  USD 9.93  0.12  1.22%   
ASE Industrial Return On Assets yearly trend continues to be fairly stable with very little volatility. Return On Assets will likely drop to 0.04 in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit ASE Industrial Holding earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.04759462
Current Value
0.0415
Quarterly Volatility
0.01927961
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ASE Industrial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ASE Industrial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 58.3 B, Interest Expense of 6.7 B or Selling General Administrative of 10.4 B, as well as many indicators such as Price To Sales Ratio of 1.42, Dividend Yield of 0.0331 or PTB Ratio of 2.12. ASE financial statements analysis is a perfect complement when working with ASE Industrial Valuation or Volatility modules.
  
Check out the analysis of ASE Industrial Correlation against competitors.

Latest ASE Industrial's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of ASE Industrial Holding over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. ASE Industrial's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ASE Industrial's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Pretty Stable
   Return On Assets   
       Timeline  

ASE Return On Assets Regression Statistics

Arithmetic Mean0.06
Geometric Mean0.06
Coefficient Of Variation31.84
Mean Deviation0.01
Median0.06
Standard Deviation0.02
Sample Variance0.0004
Range0.0701
R-Value(0.27)
Mean Square Error0.0004
R-Squared0.07
Significance0.33
Slope(0)
Total Sum of Squares0.01

ASE Return On Assets History

2024 0.0415
2023 0.0476
2022 0.087
2021 0.0894
2020 0.0462
2019 0.0306
2018 0.0474

About ASE Industrial Financial Statements

ASE Industrial investors use historical fundamental indicators, such as ASE Industrial's Return On Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in ASE Industrial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets 0.05  0.04 

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Additional Tools for ASE Stock Analysis

When running ASE Industrial's price analysis, check to measure ASE Industrial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ASE Industrial is operating at the current time. Most of ASE Industrial's value examination focuses on studying past and present price action to predict the probability of ASE Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASE Industrial's price. Additionally, you may evaluate how the addition of ASE Industrial to your portfolios can decrease your overall portfolio volatility.