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Cshg Real Estate Fundo Invest Imobiliario (BSP:HGRE11) ROA % : 4.20% (As of Dec. 2023)


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What is Cshg Real Estate Fundo Invest Imobiliario ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Cshg Real Estate Fundo Invest Imobiliario's annualized Net Income for the quarter that ended in Dec. 2023 was R$80.9 Mil. Cshg Real Estate Fundo Invest Imobiliario's average Total Assets over the quarter that ended in Dec. 2023 was R$1,925.5 Mil. Therefore, Cshg Real Estate Fundo Invest Imobiliario's annualized ROA % for the quarter that ended in Dec. 2023 was 4.20%.

The historical rank and industry rank for Cshg Real Estate Fundo Invest Imobiliario's ROA % or its related term are showing as below:

BSP:HGRE11' s ROA % Range Over the Past 10 Years
Min: 0.77   Med: 6.95   Max: 15.1
Current: 4.2

During the past 13 years, Cshg Real Estate Fundo Invest Imobiliario's highest ROA % was 15.10%. The lowest was 0.77%. And the median was 6.95%.

BSP:HGRE11's ROA % is ranked better than
70.79% of 801 companies
in the REITs industry
Industry Median: 2.18 vs BSP:HGRE11: 4.20

Cshg Real Estate Fundo Invest Imobiliario ROA % Historical Data

The historical data trend for Cshg Real Estate Fundo Invest Imobiliario'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.

Cshg Real Estate Fundo Invest Imobiliario ROA % Chart

Cshg Real Estate Fundo Invest Imobiliario 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 15.10 9.51 2.11 0.77 4.20

Cshg Real Estate Fundo Invest Imobiliario Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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 15.10 9.51 2.11 0.77 4.20

Competitive Comparison of Cshg Real Estate Fundo Invest Imobiliario's ROA %

For the REIT - Diversified subindustry, Cshg Real Estate Fundo Invest Imobiliario'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.


Cshg Real Estate Fundo Invest Imobiliario's ROA % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Cshg Real Estate Fundo Invest Imobiliario's ROA % distribution charts can be found below:

* The bar in red indicates where Cshg Real Estate Fundo Invest Imobiliario's ROA % falls into.



Cshg Real Estate Fundo Invest Imobiliario ROA % Calculation

Cshg Real Estate Fundo Invest Imobiliario'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 )
=80.911/( (1950.908+1900.031)/ 2 )
=80.911/1925.4695
=4.20 %

Cshg Real Estate Fundo Invest Imobiliario's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Dec. 2023 ))/ count )
=80.911/( (1950.908+1900.031)/ 2 )
=80.911/1925.4695
=4.20 %

* 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 one times the annual (Dec. 2023) net income data. ROA % is displayed in the 30-year financial page.


Cshg Real Estate Fundo Invest Imobiliario  (BSP:HGRE11) 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. 2023 )
=Net Income/Total Assets
=80.911/1925.4695
=(Net Income / Revenue)*(Revenue / Total Assets)
=(80.911 / 121.288)*(121.288 / 1925.4695)
=Net Margin %*Asset Turnover
=66.71 %*0.063
=4.20 %

Note: The Net Income data used here is one times the annual (Dec. 2023) net income data. The Revenue data used here is one times the annual (Dec. 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.


Cshg Real Estate Fundo Invest Imobiliario ROA % Related Terms

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Cshg Real Estate Fundo Invest Imobiliario (BSP:HGRE11) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Presidente Juscelino Kubitschek, Tower IV - 7th Floor - Moema, São Paulo, SP, BRA, 04543900
Cshg Real Estate Fundo Invest Imobiliario is engaged in the acquisition of commercial real estate projects for commercial operation.

Cshg Real Estate Fundo Invest Imobiliario (BSP:HGRE11) Headlines

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