GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Beijing Capital International Airport Co Ltd (OTCPK:BJCHF) » Definitions » ROA %

Beijing Capital International Airport Co (Beijing Capital International Airport Co) ROA % : 0.00% (As of Dec. 2023)


View and export this data going back to 2003. Start your Free Trial

What is Beijing Capital International Airport Co ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Beijing Capital International Airport Co's annualized Net Income for the quarter that ended in Dec. 2023 was $0.0 Mil. Beijing Capital International Airport Co's average Total Assets over the quarter that ended in Dec. 2023 was $4,564.2 Mil. Therefore, Beijing Capital International Airport Co's annualized ROA % for the quarter that ended in Dec. 2023 was 0.00%.

The historical rank and industry rank for Beijing Capital International Airport Co's ROA % or its related term are showing as below:

BJCHF' s ROA % Range Over the Past 10 Years
Min: -9.79   Med: 4.63   Max: 8.62
Current: -1.31

During the past 13 years, Beijing Capital International Airport Co's highest ROA % was 8.62%. The lowest was -9.79%. And the median was 4.63%.

BJCHF's ROA % is ranked worse than
85.28% of 978 companies
in the Transportation industry
Industry Median: 3.59 vs BJCHF: -1.31

Beijing Capital International Airport Co ROA % Historical Data

The historical data trend for Beijing Capital International Airport Co'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.

Beijing Capital International Airport Co ROA % Chart

Beijing Capital International Airport Co 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 6.90 -6.00 -6.08 -9.80 -5.07

Beijing Capital International Airport Co Quarterly Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 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 -17.25 - -3.49 - -1.82

Competitive Comparison of Beijing Capital International Airport Co's ROA %

For the Airports & Air Services subindustry, Beijing Capital International Airport Co'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.


Beijing Capital International Airport Co's ROA % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Beijing Capital International Airport Co's ROA % distribution charts can be found below:

* The bar in red indicates where Beijing Capital International Airport Co's ROA % falls into.



Beijing Capital International Airport Co ROA % Calculation

Beijing Capital International Airport Co'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 )
=-237.639/( (4802.76+4564.205)/ 2 )
=-237.639/4683.4825
=-5.07 %

Beijing Capital International Airport Co's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=0/( (0+4564.205)/ 1 )
=0/4564.205
=0.00 %

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


Beijing Capital International Airport Co  (OTCPK:BJCHF) 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
=0/4564.205
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0 / 0)*(0 / 4564.205)
=Net Margin %*Asset Turnover
=N/A %*0
=0.00 %

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


Beijing Capital International Airport Co ROA % Related Terms

Thank you for viewing the detailed overview of Beijing Capital International Airport Co's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Beijing Capital International Airport Co (Beijing Capital International Airport Co) Business Description

Traded in Other Exchanges
Address
979 King’s Road, 37th Floor, One Taikoo Place, Hong Kong, Hong Kong, HKG
Beijing Capital International Airport Co Ltd is primarily engaged in operating and managing aeronautical and nonaeronautical businesses at Beijing Capital Airport. The Company's aeronautical business includes provision of aircraft landings and take-offs and passenger service facilities, ground support services, and firefighting services for domestic and foreign air transportation enterprises. The Company's non-aeronautical business includes ground handling agent services supplied for domestic and foreign airliners; in-flight catering services; duty free and other retail shops in the terminals.

Beijing Capital International Airport Co (Beijing Capital International Airport Co) Headlines