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AIFarm (AIFarm) ROA % : -361.09% (As of Dec. 2019)


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What is AIFarm ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. AIFarm's annualized Net Income for the quarter that ended in Dec. 2019 was $-0.46 Mil. AIFarm's average Total Assets over the quarter that ended in Dec. 2019 was $0.13 Mil. Therefore, AIFarm's annualized ROA % for the quarter that ended in Dec. 2019 was -361.09%.

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

AIFM's ROA % is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 3.625
* Ranked among companies with meaningful ROA % only.

AIFarm ROA % Historical Data

The historical data trend for AIFarm'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.

AIFarm ROA % Chart

AIFarm Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
ROA %
Get a 7-Day Free Trial -264.26 -228.65 8.42 -32.31 -591.35

AIFarm Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 -178.11 -444.44 -253.33 -666.16 -361.09

Competitive Comparison of AIFarm's ROA %

For the Farm & Heavy Construction Machinery subindustry, AIFarm'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.


AIFarm's ROA % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, AIFarm's ROA % distribution charts can be found below:

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



AIFarm ROA % Calculation

AIFarm's annualized ROA % for the fiscal year that ended in Dec. 2019 is calculated as:

ROA %=Net Income (A: Dec. 2019 )/( (Total Assets (A: Dec. 2018 )+Total Assets (A: Dec. 2019 ))/ count )
=-0.547/( (0.097+0.088)/ 2 )
=-0.547/0.0925
=-591.35 %

AIFarm's annualized ROA % for the quarter that ended in Dec. 2019 is calculated as:

ROA %=Net Income (Q: Dec. 2019 )/( (Total Assets (Q: Sep. 2019 )+Total Assets (Q: Dec. 2019 ))/ count )
=-0.464/( (0.169+0.088)/ 2 )
=-0.464/0.1285
=-361.09 %

* 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. 2019) net income data. ROA % is displayed in the 30-year financial page.


AIFarm  (OTCPK:AIFM) 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. 2019 )
=Net Income/Total Assets
=-0.464/0.1285
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.464 / 0)*(0 / 0.1285)
=Net Margin %*Asset Turnover
=N/A %*0
=-361.09 %

Note: The Net Income data used here is four times the quarterly (Dec. 2019) net income data. The Revenue data used here is four times the quarterly (Dec. 2019) 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.


AIFarm ROA % Related Terms

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AIFarm (AIFarm) Business Description

Traded in Other Exchanges
N/A
Address
30 Canton Road, Unit 503, 5th Floor, Silvercord Tower 2, TST, Kowloon, Hong Kong, HKG
AIFarm Ltd is enggaed in developed a proprietary growing system that designs and builds custom biodomes ranging in size appropriate for global commercial agricultural concerns as well as small local producers. The company provides sustainable horticultural solutions. It offers products and services, including GPS/GNSS farm plan, weather modeling, data analysis, and variable fertilizing components.
Executives
Yuen May Cheung director, 10 percent owner, officer: CEO/President FLAT A, 15/F., BLOCK 1, SITE 7 WHAMPOA GARDEN, HUNG HOM KOWLOON K3 00000
Chan Kin Ho Philip officer: Chief Financial Officer 2302, KAM WAI HOUSE KAM FUNG COURT SHATIN, NT K3 00000
Victor James Elias officer: Chief Financial Officer RM. 802, 8/F., KAI TAK COMMERCIAL BLDG 317-319 DES VOEUX ROAD CENTRAL K3 00000
Thomas Carlton Colclough officer: Chief Operating Officer 16 HACKWOOD CLOSE BARLASTON PARK BARLASTON X0 ST12 9BE

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