Jayud Global Logistics Ordinary Shares(Jyd) Financials: Return On Assets Compared To Industry Average, Plus Other Key Ratios
Profitability Trend (Last 5 Years)
Profitability - return on assets
This chart shows the historical trend of return on assets for JYD compared to its industry average over the recent years.
Ratio Definition and Interpretation
Name: Return on Assets (ROA)
Definition: ROA shows how efficiently the company turns everything it owns — its entire asset base — into net profit after all costs and taxes. A higher ROA means the business squeezes more profit from its assets. Lower ROA might reflect poor asset utilization or heavy reliance on expensive financing.
Interpretation:
• In '2021', JYD's return on assets was 6.0%, representing returns generated from total assets. Industry average for Oil Refining/Marketing in '2021' stood at 3.5%.
• In '2022', JYD's return on assets was 2.6%, representing returns generated from total assets. The decline from '2021' may indicate some operational or financial challenges. Industry average for Oil Refining/Marketing in '2022' stood at 3.2%. Industry average declined by 0.3% from previous year.
• In '2023', JYD's return on assets was -64.3%, representing returns generated from total assets. The decline from '2022' may indicate some operational or financial challenges. Industry average for Oil Refining/Marketing in '2023' stood at -8.8%. Industry average declined by 12.0% from previous year.
• In '2024', JYD's return on assets was -34.8%, representing returns generated from total assets. The increase since '2023' reflects strengthening financial performance. Industry average for Oil Refining/Marketing in '2024' stood at -6.8%. Industry average increased by 2.1% compared to previous year.
Overall, JYD's return on assets has been volatile but showed a downward trend over the past 4 years.
Formula: ROA = Net Income / Total Assets
Good Range: Commonly 5%-15%.