The total asset return rate is also

The total asset return rate is also called total asset profit rate, total asset return rate and total asset profit rate.Refers to the ratio of earnings before interest and tax to the average total assets of an enterprise within a certain period of time.To evaluate the overall profitability of an enterprise using all its assets is an important indicator for evaluating the operating benefits of an enterprise's assets.The higher the total asset return rate is, the higher the asset utilization efficiency is.The lower the index is, the lower the efficiency of enterprise asset utilization is.As can be seen from the table, the annual asset return rate of Maohua Shihua in 2016 is 42.12, the annual asset return rate in 2017 is 51.93, and the annual asset return rate in 2018 is 48.17. From this, it can be seen that the asset return rate of the enterprise increased slightly in 2017 and decreased slightly in 2018. Although there were fluctuations in the past three years, the fluctuation range was small and the asset return rate was still in a low state, indicating that the profitability of the enterprise was weak.Among them, the lowest rate of return on assets in 2018 is due to the decrease in total profits of Maohua Shihua in 2018.