Return on total assets = net profit ÷ average total assets ÷ × 100%

Return on total assets analyzes the profitability of the company based on investment returns. It is the relationship between the return on investment and the The ratio between total investments. The investment return of an enterprise refers to the sum of profits before interest payment and income tax, and the total investment is the average total assets of the current period. Return on total assets is also called asset income rate. It refers to the ratio of the total remuneration received by an enterprise within a certain period to the average total assets.

It represents the overall profitability of all assets of an enterprise, including net assets and liabilities, and is used to evaluate the overall profitability of an enterprise's use of all assets. It is an important indicator for evaluating the operating efficiency of an enterprise's assets. It represents the level of income obtained from all assets of the enterprise, and comprehensively reflects the profitability and input-output status of the enterprise. Through in-depth analysis of this indicator, we can enhance the attention of all parties to corporate asset management and promote enterprises to increase the income level of unit assets.

The higher the indicator, the better the enterprise's input-output level and the more effective the enterprise's asset operations are.