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Vinacafe Bien Hoa JSC (STC:VCF) ROA % : 13.60% (As of Mar. 2024)


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What is Vinacafe Bien Hoa JSC ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Vinacafe Bien Hoa JSC's annualized Net Income for the quarter that ended in Mar. 2024 was ₫354,862 Mil. Vinacafe Bien Hoa JSC's average Total Assets over the quarter that ended in Mar. 2024 was ₫2,610,108 Mil. Therefore, Vinacafe Bien Hoa JSC's annualized ROA % for the quarter that ended in Mar. 2024 was 13.60%.

The historical rank and industry rank for Vinacafe Bien Hoa JSC's ROA % or its related term are showing as below:

STC:VCF' s ROA % Range Over the Past 10 Years
Min: 11.08   Med: 19.23   Max: 33.21
Current: 19.34

During the past 13 years, Vinacafe Bien Hoa JSC's highest ROA % was 33.21%. The lowest was 11.08%. And the median was 19.23%.

STC:VCF's ROA % is ranked better than
95.69% of 1902 companies
in the Consumer Packaged Goods industry
Industry Median: 2.98 vs STC:VCF: 19.34

Vinacafe Bien Hoa JSC ROA % Historical Data

The historical data trend for Vinacafe Bien Hoa JSC'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.

Vinacafe Bien Hoa JSC ROA % Chart

Vinacafe Bien Hoa JSC 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 30.65 33.21 21.21 15.45 18.89

Vinacafe Bien Hoa JSC 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 13.94 22.57 18.91 22.19 13.60

Competitive Comparison of Vinacafe Bien Hoa JSC's ROA %

For the Packaged Foods subindustry, Vinacafe Bien Hoa JSC'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.


Vinacafe Bien Hoa JSC's ROA % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vinacafe Bien Hoa JSC's ROA % distribution charts can be found below:

* The bar in red indicates where Vinacafe Bien Hoa JSC's ROA % falls into.



Vinacafe Bien Hoa JSC ROA % Calculation

Vinacafe Bien Hoa JSC'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 )
=449952.83/( (2106250.037+2658406.811)/ 2 )
=449952.83/2382328.424
=18.89 %

Vinacafe Bien Hoa JSC'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 )
=354862.416/( (2658406.811+2561809.643)/ 2 )
=354862.416/2610108.227
=13.60 %

* 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.


Vinacafe Bien Hoa JSC  (STC:VCF) 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
=354862.416/2610108.227
=(Net Income / Revenue)*(Revenue / Total Assets)
=(354862.416 / 1934446.712)*(1934446.712 / 2610108.227)
=Net Margin %*Asset Turnover
=18.34 %*0.7411
=13.60 %

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.


Vinacafe Bien Hoa JSC ROA % Related Terms

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Vinacafe Bien Hoa JSC (STC:VCF) Business Description

Traded in Other Exchanges
N/A
Address
Bien Hoa Industrial Zone 1, Dong Nai Province, Bien Hoa City, VNM
Vinacafe Bien Hoa JSC is engaged in the manufacturing and selling of various kinds of coffee, instant cereal and non-alcoholic drinks in the domestic and oversea markets. Its products include roasted ground coffee, original instant coffee, instant milk coffee three in one and ginseng coffee four in one. The company operates in two main segments: coffee and non-alcoholic drinks; and others which include cereals and other items.

Vinacafe Bien Hoa JSC (STC:VCF) Headlines

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