Industrial Bank of Korea (024110.KS) Return on Assets (ROA)

Price: $15650
Market Cap: $12.48T
Avg Volume: 1.00M
Country: KR
Industry: Banks - Regional
Sector: Financial Services
Beta: 0.438
52W Range: $12510-15870
Website: Industrial Bank of Korea

Industrial Bank of Korea Return on Assets (ROA) Summary

Industrial Bank of Korea's ROA indicates the return generated on the company's assets:

  • Annual: 0.60%
  • Quarterly: 0.18%
  • TTM: 0.60%

What is Return on Assets (ROA)?

Return on Assets (ROA) is a financial ratio that shows the percentage of profit a company earns in relation to its overall resources. It is an indicator of how efficiently a company is using its assets to generate earnings.

Related Metrics

Other important metrics to assess Industrial Bank of Korea's profitability include:

  • ROE (Return on Equity) - measures the return generated on shareholders' equity:
    • Annual: 8.43%
    • Quarterly: 2.40%
    • TTM: 9.09%
  • ROIC (Return on Invested Capital) - measures how effectively the company uses its invested capital to generate profits:
    • Annual: 1.72%
    • Quarterly: 0.00%
    • TTM: 0.00%
  • Return on Tangible Assets - measures the return generated on the company's tangible assets:
    • Annual: 0.60%
    • Quarterly: 0.18%
    • TTM: 0.60%
  • Profit Margin - shows the percentage of revenue that has turned into profit:
    • Annual: 30.13%
    • Quarterly: 12.43%
    • TTM: 10.69%

These metrics provide insights into Industrial Bank of Korea's profitability and efficiency in using its capital and assets to generate returns. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual ROA

0.60%

Quarterly ROA

0.18%

TTM ROA

0.60%

Industrial Bank of Korea Historical ROA
0.62%0.62%0.49%0.49%0.37%0.37%0.25%0.25%0.12%0.12%0.00%0.00%ROA20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical ROE
9.22%9.22%7.37%7.37%5.53%5.53%3.69%3.69%1.84%1.84%0.00%0.00%ROE20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical ROIC
5.82%5.82%2.47%2.47%-0.88%-0.88%-4.24%-4.24%-7.59%-7.59%-10.94%-10.94%-14.29%-14.29%ROIC20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Profit Margin
31.79%31.79%25.43%25.43%19.07%19.07%12.72%12.72%6.36%6.36%0.00%0.00%Profit Margin20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Return on Tangible Assets
0.62%0.62%0.49%0.49%0.37%0.37%0.25%0.25%0.12%0.12%0.00%0.00%Return on Tangible Assets20152015201620162017201720182018201920192020202020212021202220222023202320242024

Industrial Bank of Korea Historical Profitability Metrics

The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2023.

Year ROA ROE ROIC Profit Margin Return on Tangible Assets
2023 0.60% 8.43% 1.72% 30.13% 0.60%
2022 0.62% 9.22% -13.37% 29.03% 0.62%
2021 0.61% 8.81% -4.19% 30.48% 0.61%
2020 0.42% 6.14% -2.73% 21.19% 0.43%
2019 0.50% 7.09% -3.71% 22.52% 0.51%
2018 0.61% 8.36% -14.29% 31.79% 0.61%
2017 0.55% 7.62% -9.00% 30.66% 0.55%
2016 0.45% 6.49% -3.16% 26.27% 0.45%
2015 0.48% 6.69% 2.47% 26.83% 0.48%
2014 0.47% 6.63% 2.23% 25.50% 0.47%

Related Metrics

Explore detailed financial metrics and analysis for 024110.KS.

Financial Analysis
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Returns & Ratios
ROIC ROE ROA Current Ratio Quick Ratio Debt/Equity Ratio Earnings Per Share
Balance Sheet
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