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Huaqin Technology Co (SHSE:603296) ROA % : 4.27% (As of Mar. 2025)


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What is Huaqin Technology Co ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Huaqin Technology Co's annualized Net Income for the quarter that ended in Mar. 2025 was ¥3,368 Mil. Huaqin Technology Co's average Total Assets over the quarter that ended in Mar. 2025 was ¥78,944 Mil. Therefore, Huaqin Technology Co's annualized ROA % for the quarter that ended in Mar. 2025 was 4.27%.

The historical rank and industry rank for Huaqin Technology Co's ROA % or its related term are showing as below:

SHSE:603296' s ROA % Range Over the Past 10 Years
Min: 1.99   Med: 5.72   Max: 23.2
Current: 4.6

During the past 13 years, Huaqin Technology Co's highest ROA % was 23.20%. The lowest was 1.99%. And the median was 5.72%.

SHSE:603296's ROA % is ranked better than
68.16% of 2462 companies
in the Hardware industry
Industry Median: 2.225 vs SHSE:603296: 4.60

Huaqin Technology Co ROA % Historical Data

The historical data trend for Huaqin Technology 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.

Huaqin Technology Co ROA % Chart

Huaqin Technology Co Annual Data
Trend Dec10 Dec11 Dec12 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.24 4.88 5.76 5.68 4.58

Huaqin Technology Co Quarterly Data
Mar13 Jun13 Sep13 Dec18 Dec19 Dec20 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 4.69 4.95 4.53 4.64 4.27

Competitive Comparison of Huaqin Technology Co's ROA %

For the Consumer Electronics subindustry, Huaqin Technology 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.


Huaqin Technology Co's ROA % Distribution in the Hardware Industry

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

* The bar in red indicates where Huaqin Technology Co's ROA % falls into.


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Huaqin Technology Co ROA % Calculation

Huaqin Technology 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 )
=2926.223/( (51509.638+76296.822)/ 2 )
=2926.223/63903.23
=4.58 %

Huaqin Technology 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 )
=3367.964/( (76296.822+81591.395)/ 2 )
=3367.964/78944.1085
=4.27 %

* 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.


Huaqin Technology Co  (SHSE:603296) 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
=3367.964/78944.1085
=(Net Income / Revenue)*(Revenue / Total Assets)
=(3367.964 / 139990.784)*(139990.784 / 78944.1085)
=Net Margin %*Asset Turnover
=2.41 %*1.7733
=4.27 %

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.


Huaqin Technology Co ROA % Related Terms

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Huaqin Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Building 1, No. 399 Keyuan Road, China (Shanghai) Pilot Free Trade Zone, Pudong New Area, Shanghai, CHN, 201203
Huaqin Technology Co Ltd is engaged in the research & development, design, manufacturing and operation of intelligent hardware products. The company provides global technology brand customers with end-to-end services at product level, system level, software and hardware research and development, and operation and manufacturing.
Executives
Qiu Wen Sheng Directors, senior managers
Wang Zhi Gang senior management
Xi Ping Hua Directors, senior managers
Wang Shi Chao senior management
Zou Zong Xin senior management
Zhang Wen Guo senior management
Li Yu Tao senior management
Lian Ming senior management
Liao Hao Ran senior management
Wang Qi Jun senior management
Wu Zhen Hai Directors, senior managers

Huaqin Technology Co Headlines

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