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Episil Precision (TPE:3016) ROA % : 2.57% (As of Dec. 2023)


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What is Episil Precision ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Episil Precision's annualized Net Income for the quarter that ended in Dec. 2023 was NT$178 Mil. Episil Precision's average Total Assets over the quarter that ended in Dec. 2023 was NT$6,910 Mil. Therefore, Episil Precision's annualized ROA % for the quarter that ended in Dec. 2023 was 2.57%.

The historical rank and industry rank for Episil Precision's ROA % or its related term are showing as below:

TPE:3016' s ROA % Range Over the Past 10 Years
Min: 0.17   Med: 1.84   Max: 9.54
Current: 2.26

During the past 13 years, Episil Precision's highest ROA % was 9.54%. The lowest was 0.17%. And the median was 1.84%.

TPE:3016's ROA % is ranked worse than
51.1% of 996 companies
in the Semiconductors industry
Industry Median: 2.405 vs TPE:3016: 2.26

Episil Precision ROA % Historical Data

The historical data trend for Episil Precision'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.

Episil Precision ROA % Chart

Episil Precision 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 0.17 0.43 6.05 9.54 2.27

Episil Precision Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.45 1.75 2.35 2.39 2.57

Competitive Comparison of Episil Precision's ROA %

For the Semiconductor Equipment & Materials subindustry, Episil Precision'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.


Episil Precision's ROA % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Episil Precision's ROA % distribution charts can be found below:

* The bar in red indicates where Episil Precision's ROA % falls into.



Episil Precision ROA % Calculation

Episil Precision'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 )
=164.039/( (7672.174+6811.986)/ 2 )
=164.039/7242.08
=2.27 %

Episil Precision'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 )
=177.812/( (7007.729+6811.986)/ 2 )
=177.812/6909.8575
=2.57 %

* 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.


Episil Precision  (TPE:3016) 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
=177.812/6909.8575
=(Net Income / Revenue)*(Revenue / Total Assets)
=(177.812 / 4105.072)*(4105.072 / 6909.8575)
=Net Margin %*Asset Turnover
=4.33 %*0.5941
=2.57 %

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.


Episil Precision ROA % Related Terms

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Episil Precision (TPE:3016) Business Description

Traded in Other Exchanges
N/A
Address
No. 10 Dusing Road I, Hsinchu Science Park, Hsinchu, TWN, 30078
Episil Precision Inc is a professional epitaxial process supplier. The company is primarily involved in the research, development, and production of epitaxial wafers. Its products include silicon epitaxial wafers, SiC on SiC epitaxial wafers, and GaN on Si epitaxial wafers. Geographically, it derives most of its revenue from Taiwan.

Episil Precision (TPE:3016) Headlines

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