Tsingtao Brewery ROA - Return on Assets 2010-2024 | TSGTY
- Tsingtao Brewery average return on assets for 2020 was 54.99, a 16.97% decline from 2019.
- Tsingtao Brewery average return on assets for 2019 was 66.23, a 36.53% decline from 2018.
- Tsingtao Brewery average return on assets for 2018 was 48.51, a 216.03% increase from 2017.
Roa - return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.