return on assets

简明释义

资产收益

英英释义

例句

1.The return on assets 资产回报率 for this sector has been declining due to increased competition.

由于竞争加剧，该行业的资产回报率一直在下降。

2.Investors often look at the return on assets 资产回报率 to assess how well a company is generating profit from its assets.

投资者通常会关注资产回报率以评估公司如何利用其资产产生利润。

3.A higher return on assets 资产回报率 means that the company is more effective at converting its investments into net income.

更高的资产回报率意味着公司在将投资转化为净收入方面更有效。

4.The company's return on assets 资产回报率 increased significantly last quarter, indicating better efficiency in using its resources.

公司的资产回报率在上个季度显著提高，表明其在资源使用上的效率更高。

5.To improve their return on assets 资产回报率, the management decided to streamline operations and reduce costs.

为了提高他们的资产回报率，管理层决定精简运营并降低成本。

作文

In the world of finance and investment, understanding key performance indicators is crucial for evaluating the success of a business. One such important metric is the return on assets, often abbreviated as ROA. This financial ratio measures a company's ability to generate profit from its assets, providing insights into how efficiently management is utilizing resources to produce earnings. The formula for calculating return on assets is simple: it is the net income divided by total assets. This calculation results in a percentage that indicates how well a company is performing relative to its total asset base.The significance of return on assets cannot be overstated. For investors, a higher ROA indicates a more efficient use of assets, which typically translates into better profitability. This is particularly important when comparing companies within the same industry. For instance, if Company A has a ROA of 15% and Company B has a ROA of 10%, investors might prefer Company A, assuming all other factors are equal. This preference is based on the assumption that Company A is more effective at converting its asset investments into profits.Moreover, return on assets can also serve as a valuable tool for management. By analyzing this metric over time, managers can identify trends in operational efficiency and make informed decisions regarding asset acquisition or disposal. If a company notices a declining ROA, it may indicate that assets are not being used effectively, prompting a reevaluation of business strategies or operational processes.However, it is essential to understand the limitations of return on assets. Different industries have varying capital requirements and asset structures, which can skew comparisons. For example, capital-intensive industries like manufacturing may naturally have lower ROA figures compared to service-oriented businesses, which typically require less investment in physical assets. Therefore, while ROA is a useful measure, it should not be the sole criterion for investment decisions or performance evaluations.Additionally, external factors such as economic conditions and market competition can impact a company's ROA. During economic downturns, even well-managed companies may experience declines in profitability, affecting their return on assets. Thus, it is vital for investors and analysts to consider the broader economic context when interpreting this metric.In conclusion, the return on assets is a fundamental financial metric that provides valuable insights into a company's operational efficiency and profitability. By measuring how effectively a company utilizes its assets to generate earnings, ROA serves as a critical tool for both investors and management. However, it is crucial to use this metric in conjunction with other financial indicators and to consider industry-specific factors for a comprehensive analysis. Ultimately, understanding return on assets can enhance decision-making processes and contribute to more informed investment strategies.

在金融和投资的世界中，理解关键绩效指标对于评估企业的成功至关重要。其中一个重要的指标是资产回报率，通常缩写为ROA。这个财务比率衡量公司从其资产中产生利润的能力，提供了管理层如何有效利用资源来产生收益的洞察。计算资产回报率的公式很简单：它是净收入除以总资产。这个计算结果是一个百分比，表明公司相对于其总资产基础的表现如何。资产回报率的重要性不容小觑。对于投资者来说，更高的ROA表示资产使用效率更高，这通常转化为更好的盈利能力。这在同一行业内比较公司时尤其重要。例如，如果公司A的ROA为15%，而公司B的ROA为10%，投资者可能会偏好公司A，假设其他因素相等。这种偏好基于公司A在将资产投资转化为利润方面更有效的假设。此外，资产回报率也可以作为管理层的宝贵工具。通过分析这一指标随时间的变化，管理者可以识别运营效率的趋势，并就资产的收购或处置做出明智的决策。如果一家公司注意到ROA下降，这可能表明资产未被有效使用，从而促使重新评估商业战略或运营流程。然而，理解资产回报率的局限性也至关重要。不同的行业有不同的资本需求和资产结构，这可能会扭曲比较。例如，资本密集型行业如制造业可能自然具有较低的ROA数字，而服务导向的企业通常需要较少的物理资产投资。因此，虽然ROA是一个有用的衡量标准，但不应成为投资决策或绩效评估的唯一标准。此外，经济条件和市场竞争等外部因素也会影响公司的ROA。在经济低迷时期，即使是管理良好的公司也可能经历盈利能力的下降，从而影响其资产回报率。因此，投资者和分析师在解读这一指标时，考虑更广泛的经济背景至关重要。总之，资产回报率是一个基本的财务指标，提供了对公司运营效率和盈利能力的宝贵洞察。通过衡量公司如何有效利用其资产产生收益，ROA成为投资者和管理层的重要工具。然而，必须将这一指标与其他财务指标结合使用，并考虑特定行业的因素，以进行全面分析。最终，理解资产回报率可以增强决策过程，并有助于更明智的投资策略。