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VCOR (Visiber57) ROA % : -720.00% (As of Feb. 2023)


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What is Visiber57 ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Visiber57's annualized Net Income for the quarter that ended in Feb. 2023 was $-0.07 Mil. Visiber57's average Total Assets over the quarter that ended in Feb. 2023 was $0.01 Mil. Therefore, Visiber57's annualized ROA % for the quarter that ended in Feb. 2023 was -720.00%.

The historical rank and industry rank for Visiber57's ROA % or its related term are showing as below:

VCOR's ROA % is not ranked *
in the Diversified Financial Services industry.
Industry Median: -0.885
* Ranked among companies with meaningful ROA % only.

Visiber57 ROA % Historical Data

The historical data trend for Visiber57'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.

Visiber57 ROA % Chart

Visiber57 Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
ROA %
Get a 7-Day Free Trial -962.50 -492.86 -587.50 -2,400.00 -3,000.00

Visiber57 Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23
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 -1,422.22 -553.85 -1,371.43 -685.71 -720.00

Competitive Comparison of Visiber57's ROA %

For the Shell Companies subindustry, Visiber57'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.


Visiber57's ROA % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Visiber57's ROA % distribution charts can be found below:

* The bar in red indicates where Visiber57's ROA % falls into.



Visiber57 ROA % Calculation

Visiber57's annualized ROA % for the fiscal year that ended in Aug. 2022 is calculated as:

ROA %=Net Income (A: Aug. 2022 )/( (Total Assets (A: Aug. 2021 )+Total Assets (A: Aug. 2022 ))/ count )
=-0.045/( (0.001+0.002)/ 2 )
=-0.045/0.0015
=-3,000.00 %

Visiber57's annualized ROA % for the quarter that ended in Feb. 2023 is calculated as:

ROA %=Net Income (Q: Feb. 2023 )/( (Total Assets (Q: Nov. 2022 )+Total Assets (Q: Feb. 2023 ))/ count )
=-0.072/( (0.012+0.008)/ 2 )
=-0.072/0.01
=-720.00 %

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


Visiber57  (OTCPK:VCOR) 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: Feb. 2023 )
=Net Income/Total Assets
=-0.072/0.01
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.072 / 0)*(0 / 0.01)
=Net Margin %*Asset Turnover
=N/A %*0
=-720.00 %

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


Visiber57 ROA % Related Terms

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Visiber57 Business Description

Traded in Other Exchanges
N/A
Address
Yanping North Road, No. 104-2F, Section 1, Datong District, Taipei, TWN, 10341
Visiber57 Corp is a shell company.
Executives
Chip Jin Eng officer: Chief Financial Officer UNIT B19, 9/F, EFFICIENCY HOUSE, 35 TAI YAU ST, SAN PO KONG, KOWLOON K3 00000
Choong Jeng Hew director, 10 percent owner, officer: CEO & President UNIT B19, 9/F, EFFICIENCY HOUSE, 35 TAI YAU ST, SAN PO KONG, KOWLOON K3 0000000
57 Society International Ltd 10 percent owner UNIT B19, 9/F EFFICIENCY HOUSE, 35 TAI YAU STREET, SAN PO KONG, KOWLOON K3 00000

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