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Sun-Create Electronics Co (SHSE:600990) ROA % : -1.42% (As of Mar. 2025)


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What is Sun-Create Electronics Co ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Sun-Create Electronics Co's annualized Net Income for the quarter that ended in Mar. 2025 was ¥-85 Mil. Sun-Create Electronics Co's average Total Assets over the quarter that ended in Mar. 2025 was ¥5,957 Mil. Therefore, Sun-Create Electronics Co's annualized ROA % for the quarter that ended in Mar. 2025 was -1.42%.

The historical rank and industry rank for Sun-Create Electronics Co's ROA % or its related term are showing as below:

SHSE:600990' s ROA % Range Over the Past 10 Years
Min: -7.89   Med: 2.31   Max: 5.16
Current: -4.2

During the past 13 years, Sun-Create Electronics Co's highest ROA % was 5.16%. The lowest was -7.89%. And the median was 2.31%.

SHSE:600990's ROA % is ranked worse than
76.12% of 2454 companies
in the Hardware industry
Industry Median: 2.26 vs SHSE:600990: -4.20

Sun-Create Electronics Co ROA % Historical Data

The historical data trend for Sun-Create Electronics 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.

Sun-Create Electronics Co ROA % Chart

Sun-Create Electronics Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.26 2.35 0.87 -7.89 -3.89

Sun-Create Electronics Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -0.47 -1.99 -0.09 -13.23 -1.42

Competitive Comparison of Sun-Create Electronics Co's ROA %

For the Communication Equipment subindustry, Sun-Create Electronics 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.


Sun-Create Electronics Co's ROA % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sun-Create Electronics Co's ROA % distribution charts can be found below:

* The bar in red indicates where Sun-Create Electronics Co's ROA % falls into.


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Sun-Create Electronics Co ROA % Calculation

Sun-Create Electronics Co's annualized ROA % for the fiscal year that ended in Dec. 2024 is calculated as:

ROA %=Net Income (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=-245.883/( (6582.758+6064.73)/ 2 )
=-245.883/6323.744
=-3.89 %

Sun-Create Electronics Co's annualized ROA % for the quarter that ended in Mar. 2025 is calculated as:

ROA %=Net Income (Q: Mar. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=-84.52/( (6064.73+5849.802)/ 2 )
=-84.52/5957.266
=-1.42 %

* 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. 2025) net income data. ROA % is displayed in the 30-year financial page.


Sun-Create Electronics Co  (SHSE:600990) 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. 2025 )
=Net Income/Total Assets
=-84.52/5957.266
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-84.52 / 1171.252)*(1171.252 / 5957.266)
=Net Margin %*Asset Turnover
=-7.22 %*0.1966
=-1.42 %

Note: The Net Income data used here is four times the quarterly (Mar. 2025) net income data. The Revenue data used here is four times the quarterly (Mar. 2025) 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.


Sun-Create Electronics Co ROA % Related Terms

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Sun-Create Electronics Co Business Description

Traded in Other Exchanges
N/A
Address
No. 3366, Xiyou Road, High-tech Industrial Development Zone, Anhui Province, Hefei, CHN, 230088
Sun-Create Electronics Co Ltd is engaged in military-civilian integration radar industry, smart industry, energy industry. The company designs, produces, installs and sells satellite TV broadcast ground receiving equipment; service of complete radar and its supporting products, integrated circuits, radio and television and microwave communication products, electronic system engineering and its products ; Cable TV engineering design and installation.
Executives
Han Yao Qing senior management
Wang Xiang Xin senior management
Ren Xiao Wei Directors, senior managers
Wang Jian senior management
Chen Xiao Hui senior management
Pan Jie senior management
Yu Xiao Qiang senior management
Zhang Xiao Qi Director
Zhou Shi Xing senior management
Lin Liang senior management
Wang Jing Yu senior management

Sun-Create Electronics Co Headlines

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