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Jardine Strategic Holdings (Jardine Strategic Holdings) ROA % : 0.21% (As of Dec. 2020)


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What is Jardine Strategic Holdings ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Jardine Strategic Holdings's annualized Net Income for the quarter that ended in Dec. 2020 was $196 Mil. Jardine Strategic Holdings's average Total Assets over the quarter that ended in Dec. 2020 was $93,300 Mil. Therefore, Jardine Strategic Holdings's annualized ROA % for the quarter that ended in Dec. 2020 was 0.21%.

The historical rank and industry rank for Jardine Strategic Holdings's ROA % or its related term are showing as below:

JSHLY' s ROA % Range Over the Past 10 Years
Min: -0.92   Med: 2.97   Max: 7.67
Current: -0.92

During the past 13 years, Jardine Strategic Holdings's highest ROA % was 7.67%. The lowest was -0.92%. And the median was 2.97%.

JSHLY's ROA % is not ranked
in the Conglomerates industry.
Industry Median: 2.365 vs JSHLY: -0.92

Jardine Strategic Holdings ROA % Historical Data

The historical data trend for Jardine Strategic Holdings's ROA % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Jardine Strategic Holdings ROA % Chart

Jardine Strategic Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.08 5.34 2.11 2.38 -0.92

Jardine Strategic Holdings Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.07 3.63 1.10 -2.03 0.21

Competitive Comparison of Jardine Strategic Holdings's ROA %

For the Conglomerates subindustry, Jardine Strategic Holdings's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Jardine Strategic Holdings's ROA % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Jardine Strategic Holdings's ROA % distribution charts can be found below:

* The bar in red indicates where Jardine Strategic Holdings's ROA % falls into.



Jardine Strategic Holdings ROA % Calculation

Jardine Strategic Holdings's annualized ROA % for the fiscal year that ended in Dec. 2020 is calculated as:

ROA %=Net Income (A: Dec. 2020 )/( (Total Assets (A: Dec. 2019 )+Total Assets (A: Dec. 2020 ))/ count )
=-863/( (94925+92336)/ 2 )
=-863/93630.5
=-0.92 %

Jardine Strategic Holdings's annualized ROA % for the quarter that ended in Dec. 2020 is calculated as:

ROA %=Net Income (Q: Dec. 2020 )/( (Total Assets (Q: Jun. 2020 )+Total Assets (Q: Dec. 2020 ))/ count )
=196/( (94264+92336)/ 2 )
=196/93300
=0.21 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is two times the semi-annual (Dec. 2020) net income data. ROA % is displayed in the 30-year financial page.


Jardine Strategic Holdings  (OTCPK:JSHLY) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Dec. 2020 )
=Net Income/Total Assets
=196/93300
=(Net Income / Revenue)*(Revenue / Total Assets)
=(196 / 26060)*(26060 / 93300)
=Net Margin %*Asset Turnover
=0.75 %*0.2793
=0.21 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2020) net income data. The Revenue data used here is two times the semi-annual (Dec. 2020) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Jardine Strategic Holdings ROA % Related Terms

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Jardine Strategic Holdings (Jardine Strategic Holdings) Business Description

Traded in Other Exchanges
N/A
Address
33-35 Reid Street, Jardine House, 4th Floor, Hamilton, BMU, HM 12
Jardine Strategic Holdings Ltd is a conglomerate of businesses operating in Greater China and Southeast Asia. The affiliates offer products and services in motor vehicles and related operations, property investment and development, food retailing, home furnishing, engineering and construction, transport services, insurance broking, restaurants, luxury hotels, financial services, heavy equipment, mining and agribusiness. The large businesses by net income within the group are Hong Kong Land and Dairy Farm, which are a property investment firm and a food retailer, respectively.

Jardine Strategic Holdings (Jardine Strategic Holdings) Headlines

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