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Singapore Post (Singapore Post) ROA % : 0.81% (As of Sep. 2023)


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What is Singapore Post ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Singapore Post's annualized Net Income for the quarter that ended in Sep. 2023 was $17 Mil. Singapore Post's average Total Assets over the quarter that ended in Sep. 2023 was $2,066 Mil. Therefore, Singapore Post's annualized ROA % for the quarter that ended in Sep. 2023 was 0.81%.

The historical rank and industry rank for Singapore Post's ROA % or its related term are showing as below:

SPSTY' s ROA % Range Over the Past 10 Years
Min: 0.71   Med: 3.24   Max: 11.65
Current: 1.65

During the past 13 years, Singapore Post's highest ROA % was 11.65%. The lowest was 0.71%. And the median was 3.24%.

SPSTY's ROA % is ranked worse than
69.84% of 978 companies
in the Transportation industry
Industry Median: 3.61 vs SPSTY: 1.65

Singapore Post ROA % Historical Data

The historical data trend for Singapore Post'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.

Singapore Post ROA % Chart

Singapore Post Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 3.32 1.79 3.06 0.90

Singapore Post Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 2.58 3.55 -0.71 2.53 0.81

Competitive Comparison of Singapore Post's ROA %

For the Integrated Freight & Logistics subindustry, Singapore Post'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.


Singapore Post's ROA % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Singapore Post's ROA % distribution charts can be found below:

* The bar in red indicates where Singapore Post's ROA % falls into.



Singapore Post ROA % Calculation

Singapore Post's annualized ROA % for the fiscal year that ended in Mar. 2023 is calculated as:

ROA %=Net Income (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=18.41/( (1972.325+2116.949)/ 2 )
=18.41/2044.637
=0.90 %

Singapore Post's annualized ROA % for the quarter that ended in Sep. 2023 is calculated as:

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=16.792/( (2116.949+2015.123)/ 2 )
=16.792/2066.036
=0.81 %

* 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 (Sep. 2023) net income data. ROA % is displayed in the 30-year financial page.


Singapore Post  (OTCPK:SPSTY) 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: Sep. 2023 )
=Net Income/Total Assets
=16.792/2066.036
=(Net Income / Revenue)*(Revenue / Total Assets)
=(16.792 / 1213.302)*(1213.302 / 2066.036)
=Net Margin %*Asset Turnover
=1.38 %*0.5873
=0.81 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2023) net income data. The Revenue data used here is two times the semi-annual (Sep. 2023) 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.


Singapore Post ROA % Related Terms

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Singapore Post (Singapore Post) Business Description

Traded in Other Exchanges
Address
10 Eunos Road 8, Singapore Post Centre, Singapore, SGP, 408600
Singapore Post Ltd is a Singapore-based provider of mail and parcel delivery services. It operates through three business segments: post and parcel, logistics, and property. The post and parcel operating unit provides delivery services such as collecting, transporting, and distributing mail. The logistics segment provides services such as freight forwarding, warehousing, last-mile delivery, and distribution and fulfillment services. The property segment leases commercial and self-storage properties. SingPost has operations in Singapore and Australia, with the majority of its sales in Singapore. Additionally, the majority of SingPost's revenue is generated from its post and parcel business unit.

Singapore Post (Singapore Post) Headlines