Newater Technology Inc (NEWA) Return on Assets ROA from the fourth quarter of 2020 to fourth quarter of 2019 and for the year 2020, Average High and Low, Fundamental Ratios from Dec 31 2020 to Dec 31 2019 - CSIMarket
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Newater Technology Inc   (NEWA)
    Sector • Services    Industry • Professional Services
   Industry • Professional Services
   Sector • Services


Newater Technology Inc 's ROA from the fourth quarter of 2020 to the fourth quarter of 2019 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Newater Technology Inc 's ROA in the fourth quarter of 2020?
Newater Technology Inc achieved a return on average assets (ROA) of 6.59 % in its fourth quarter of 2020, which is below Newater Technology Inc 's average return on assets, which stands at 7.72%.

ROA has improved compared to 5.25% in the third quarter of 2020, due to net income growth.

However, within the Services sector 141 other companies had a higher return on assets. While return on assets, the total ranking has deteriorated compared to the third quarter of 2020 from to 1044.

What is ROA?



Return On Assets (Dec 31 2020)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Dec 31 2019)
IV. Quarter
Y / Y Total Assets Change 18.59 % 19.44 % 19.44 % 19.44 % 102.96 %
Y / Y Net Income Change 29.02 % - - - -40.21 %
Net Income (TTM) in million 6 4 4 4 4
Return On Assets (TTM) 6.59 % 5.25 % 5.5 % 5.78 % 6.09 %
NEWA's Total Ranking # 1044 # # # # 1233
Total Assets (TTM) in million 58 93 93 93 49
Seq. Total Assets Change -37.91 % 0 % 0 % 90.99 % -37.46 %
Seq. Net Income Change - - - - -



Return On Assets Company Ranking
Within: No.
Industry # 47
Sector # 142
Overall # 1030

Return On Assets Statistics
High Average Low
11.68 %
7.72 %
5.52 %
(Dec 31 2018)   (Dec 31 2019)





Financial Statements
Newater Technology Inc 's Assets $ 58 million NEWA's Balance sheet
Newater Technology Inc 's Income $ 6 million Quarterly NEWA's Income Statement
NEWA's Income by Division See NEWA's Income by Division



Annual Return On Assets (Dec 31 2020)
FY 2020
(Dec 31 2019)
FY 2019
(Dec 31 2018)
FY 2018
(Dec 31 2017)
FY 2017

FY
Y / Y Total Assets Change 28.54 % 87.26 % -32.71 % - -
Total Assets in million 58 45 24 36 0
Y / Y Net Income Change 29.02 % -40.21 % 178.33 % - -
Net Income in million 6 4 7 3 0
Annual Return On Assets 9.61 % 9.57 % 29.98 % 7.25 % -




Comment on NEWA's ROA in the fiscal year ending 2020
In the fiscal year 2020 ROA improved to 9.61 % compared to prior year, due to annual net income growth of 29.02 % to $5.56 million, while value of Newater Technology Inc 's overall assets grew just by 28.54 % to $57.89 million, compared to $57.89 a year before.


More Return On Assets Ratios
NEWA's' Return on Assets at Yahoo Finance
Professional Services Industry Return On Assets Trends and Statistics
Services Sector Roa Statistics
Roa Trends for overall market
NEWA's Roa Ratio versus Professional Services Industry, Services Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Subscribers only: Roa for NEWA's Competitors
Subscribers only: Roa for Newater Technology Inc 's Suppliers
Subscribers only: Return On Assets for NEWA's Customers

You may also want to know
NEWA's Roi NEWA's Inventory Turnover Ratio NEWA's Growth Rates NEWA's Dividend Comparisons
NEWA's Profitability Ratios NEWA's Asset Turnover Ratio NEWA's Dividend Growth
NEWA's Roe NEWA's Valuation Ratios NEWA's Financial Strength Ratios NEWA's Dividend Payout Ratio



Companies with similar Return On Assets at Dec 31 2020, within Services Sector ROA
Etsy Inc  17.69 %
China Customer Relations Centers Inc   17.32 %
Bf Garden Tax Credit Fund V L p   17.14 %
Fair Isaac Corp  16.94 %
Exp World Holdings inc   16.75 %
Global Industrial Company  16.60 %
Nic Inc  16.28 %
Stamps com Inc  16.12 %
Parks America Inc   15.94 %
Exponent Inc   15.64 %
Astrana Health Inc   15.34 %
Accenture Plc  14.82 %
Msci Inc   14.67 %
Rollins Inc   14.37 %
Grand Canyon Education inc   14.35 %
Visa Inc   13.72 %
International Money Express Inc   13.70 %
Broadridge Financial Solutions Inc   13.61 %
Phoenix New Media Limited  13.17 %
Zhongchao Inc  12.80 %
Upbound Group Inc   12.61 %
Chart Industries Inc   12.51 %
Robert Half Inc   12.50 %
Kforce Inc  12.44 %
Paychex Inc   12.12 %
Paypal Holdings Inc   11.69 %
Nathan s Famous Inc   11.65 %
Sb Partners  11.61 %
Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk  11.59 %
Wingstop Inc   11.36 %


Date modified: 2026-09-02T16:58:54+00:00


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