BGIN BlockchainBGIN +3.61%39 ROA % is -161.90% as of Dec. 2025. GuruFocus rates BGIN with a GF Score™ of 39/100. The stock has 4 warning signs investors should review. Among 2,498 Hardware companies, BGIN Blockchain ranks worse than 98.24% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. BGIN Blockchain's annualizedNet Income for the quarter that ended in Dec. 2025 was $-232.88 Mil.
BGIN Blockchain's average Total Assets over the quarter that ended in Dec. 2025 was $143.84 Mil. Therefore, BGIN Blockchain's annualized ROA % for the quarter that ended in Dec. 2025 was -161.90%.
The historical rank and industry rank for BGIN Blockchain's ROA % or its related term are showing as below:
BGIN'
s ROA % Range Over the Past 10 Years
Min: -97.28 Med: 43.33 Max: 137.26
Current: -95
During the past 6 years, BGIN Blockchain's highest ROA % was 137.26%. The lowest was -97.28%. And the median was 43.33%.
BGIN's ROA % is ranked worse than 98.24% of 2498
companies
in the Hardware industry
Industry Median: 2.27
vs BGIN: -95.00
BGIN Blockchain (NAS:BGIN) 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 banks 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:
Note:
The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 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.
BGIN Blockchain ROA % Related Terms
BGIN Blockchain ROA % Historical Data
* Premium members only.
The historical data trend for BGIN Blockchain'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.
For the Computer Hardware subindustry, BGIN Blockchain'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.
BGIN Blockchain ROA % vs Hardware Industry
For the Hardware industry and Technology sector, BGIN Blockchain's ROA % distribution charts can be found below:
* The bar in red indicates where BGIN Blockchain's ROA % falls into.
* 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 two times the semi-annual (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
BGIN Blockchain (BGIN) has a ROA % of -161.90% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on BGIN Blockchain and its competitors. According to the industry distribution chart, BGIN Blockchain ranks #2454 out of 2498 companies in the Hardware industry, placing it in the top 98.2%.
Is BGIN Blockchain's ROA % too high?
BGIN Blockchain's current ROA % is -161.90%. Based on the distribution chart, BGIN Blockchain ranks #2454 out of 2498 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, BGIN Blockchain has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does BGIN Blockchain's ROA % compare to NNDM and CAN?
According to the Hardware industry distribution chart, BGIN Blockchain ranks #2454 out of 2498 companies for ROA %. This places BGIN Blockchain in the lower half of its industry. The industry median ROA % is 2.27. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Hardware company?
The median ROA % among Hardware companies is 2.27, based on 2,498 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on BGIN Blockchain and its competitors. For the Hardware industry, the median ROA % is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BGIN Blockchain's current ROA % is -161.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BGIN Blockchain stock overvalued right now?
BGIN Blockchain (BGIN) has a current ROA % of -161.90%. The current ROA % is -161.90%. BGIN Blockchain's overall GF Score™ is 39/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For BGIN Blockchain (BGIN), the current ROA % is -161.90% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
BGIN Blockchain Ltd is a digital asset technology company engaged in cryptocurrency mining technologies, self-mining operations, and the design and sale of ASIC mining machines. The company develops proprietary mining hardware under its ICERIVER brand and provides mining infrastructure and hosting solutions. It operates through two reportable segments: cryptocurrency mining and sale of mining machines. The company focuses on cryptocurrencies such as Bitcoin, Dogecoin, KAS, ALPH, and RXD. Geographically, it derives revenue from Hong Kong, China, Vietnam, the United States, Singapore, and other markets.
39GF Score
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