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Taxonomy & unit
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ratio: %
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Description
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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.
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Summary
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Phoenix Motor Inc. quarterly/annual Return On Assets history and growth rate from Q1 2023 to Q2 2024.
- Phoenix Motor Inc. Return On Assets for the quarter ending June 30, 2024 was -4.95 %, a 93.3% increase year-over-year.
Return On Assets, Quarterly (%)
Return On Assets, YoY Quarterly Growth (%)