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PT Argha Karya Prima Industry Tbk (ISX:AKPI) ROA % : 0.29% (As of Mar. 2024)


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What is PT Argha Karya Prima Industry Tbk ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. PT Argha Karya Prima Industry Tbk's annualized Net Income for the quarter that ended in Mar. 2024 was Rp9,842 Mil. PT Argha Karya Prima Industry Tbk's average Total Assets over the quarter that ended in Mar. 2024 was Rp3,408,637 Mil. Therefore, PT Argha Karya Prima Industry Tbk's annualized ROA % for the quarter that ended in Mar. 2024 was 0.29%.

The historical rank and industry rank for PT Argha Karya Prima Industry Tbk's ROA % or its related term are showing as below:

ISX:AKPI' s ROA % Range Over the Past 10 Years
Min: -1.23   Med: 1.89   Max: 5.65
Current: -1.23

During the past 13 years, PT Argha Karya Prima Industry Tbk's highest ROA % was 5.65%. The lowest was -1.23%. And the median was 1.89%.

ISX:AKPI's ROA % is ranked worse than
82.26% of 389 companies
in the Packaging & Containers industry
Industry Median: 3.31 vs ISX:AKPI: -1.23

PT Argha Karya Prima Industry Tbk ROA % Historical Data

The historical data trend for PT Argha Karya Prima Industry Tbk'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.

PT Argha Karya Prima Industry Tbk ROA % Chart

PT Argha Karya Prima Industry Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.86 2.44 4.94 5.65 -0.85

PT Argha Karya Prima Industry Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.67 -1.57 -2.15 -1.52 0.29

Competitive Comparison of PT Argha Karya Prima Industry Tbk's ROA %

For the Packaging & Containers subindustry, PT Argha Karya Prima Industry Tbk'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.


PT Argha Karya Prima Industry Tbk's ROA % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, PT Argha Karya Prima Industry Tbk's ROA % distribution charts can be found below:

* The bar in red indicates where PT Argha Karya Prima Industry Tbk's ROA % falls into.



PT Argha Karya Prima Industry Tbk ROA % Calculation

PT Argha Karya Prima Industry Tbk's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=-29647.091/( (3590544.759+3351569.378)/ 2 )
=-29647.091/3471057.0685
=-0.85 %

PT Argha Karya Prima Industry Tbk's annualized ROA % for the quarter that ended in Mar. 2024 is calculated as:

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=9842.336/( (3351569.378+3465704.191)/ 2 )
=9842.336/3408636.7845
=0.29 %

* 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 four times the quarterly (Mar. 2024) net income data. ROA % is displayed in the 30-year financial page.


PT Argha Karya Prima Industry Tbk  (ISX:AKPI) 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: Mar. 2024 )
=Net Income/Total Assets
=9842.336/3408636.7845
=(Net Income / Revenue)*(Revenue / Total Assets)
=(9842.336 / 3042044.46)*(3042044.46 / 3408636.7845)
=Net Margin %*Asset Turnover
=0.32 %*0.8925
=0.29 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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.


PT Argha Karya Prima Industry Tbk ROA % Related Terms

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PT Argha Karya Prima Industry Tbk (ISX:AKPI) Business Description

Traded in Other Exchanges
N/A
Address
Jl. Jendral Sudirman kav.52-53, Prosperity Tower, Floor 51, SCBD Lot.28, District 8, Jakarta, IDN, 12190
PT Argha Karya Prima Industry Tbk produces packaging film products for industrial use and consumer goods items such as cigarettes, food products, paper lamination, labels, and others. The company operates in segments that include Manufacturing and Distribution. The Manufacturing business segment generates maximum revenue for the company. The company's brand includes Arlene and Areta. PT Argha Karya Prima exports its products to Asia, Africa, Europe, America, the Middle East, Europe, Australia, and New Zealand. The majority of the revenue is generated from Indonesia.

PT Argha Karya Prima Industry Tbk (ISX:AKPI) Headlines

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