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Hydrogen Freehold and Leasehold REIT (BKK:HYDROGEN) ROA % : 4.62% (As of Sep. 2024)


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What is Hydrogen Freehold and Leasehold REIT ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Hydrogen Freehold and Leasehold REIT's annualized Net Income for the quarter that ended in Sep. 2024 was ฿125.3 Mil. Hydrogen Freehold and Leasehold REIT's average Total Assets over the quarter that ended in Sep. 2024 was ฿2,712.1 Mil. Therefore, Hydrogen Freehold and Leasehold REIT's annualized ROA % for the quarter that ended in Sep. 2024 was 4.62%.

The historical rank and industry rank for Hydrogen Freehold and Leasehold REIT's ROA % or its related term are showing as below:

BKK:HYDROGEN' s ROA % Range Over the Past 10 Years
Min: 0.38   Med: 0.38   Max: 2.39
Current: 2.39

During the past 1 years, Hydrogen Freehold and Leasehold REIT's highest ROA % was 2.39%. The lowest was 0.38%. And the median was 0.38%.

BKK:HYDROGEN's ROA % is ranked worse than
50.87% of 924 companies
in the REITs industry
Industry Median: 2.49 vs BKK:HYDROGEN: 2.39

Hydrogen Freehold and Leasehold REIT ROA % Historical Data

The historical data trend for Hydrogen Freehold and Leasehold REIT'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.

Hydrogen Freehold and Leasehold REIT ROA % Chart

Hydrogen Freehold and Leasehold REIT Annual Data
Trend Dec22
ROA %
0.38

Hydrogen Freehold and Leasehold REIT Quarterly Data
Dec22 Mar23 Jun23 Sep23 Jun24 Sep24
ROA % Get a 7-Day Free Trial 4.70 -35.06 4.76 4.94 4.62

Competitive Comparison of Hydrogen Freehold and Leasehold REIT's ROA %

For the REIT - Diversified subindustry, Hydrogen Freehold and Leasehold REIT'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.


Hydrogen Freehold and Leasehold REIT's ROA % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Hydrogen Freehold and Leasehold REIT's ROA % distribution charts can be found below:

* The bar in red indicates where Hydrogen Freehold and Leasehold REIT's ROA % falls into.



Hydrogen Freehold and Leasehold REIT ROA % Calculation

Hydrogen Freehold and Leasehold REIT's annualized ROA % for the fiscal year that ended in Dec. 2022 is calculated as:

ROA %=Net Income (A: Dec. 2022 )/( (Total Assets (A: . 20 )+Total Assets (A: Dec. 2022 ))/ count )
=/( (+)/ )
=/
= %

Hydrogen Freehold and Leasehold REIT's annualized ROA % for the quarter that ended in Sep. 2024 is calculated as:

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=125.308/( (2713.726+2710.512)/ 2 )
=125.308/2712.119
=4.62 %

* 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 (Sep. 2024) net income data. ROA % is displayed in the 30-year financial page.


Hydrogen Freehold and Leasehold REIT  (BKK:HYDROGEN) 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: Sep. 2024 )
=Net Income/Total Assets
=125.308/2712.119
=(Net Income / Revenue)*(Revenue / Total Assets)
=(125.308 / 210.872)*(210.872 / 2712.119)
=Net Margin %*Asset Turnover
=59.42 %*0.0778
=4.62 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) 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.


Hydrogen Freehold and Leasehold REIT ROA % Related Terms

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Hydrogen Freehold and Leasehold REIT Business Description

Traded in Other Exchanges
N/A
Address
29th Floor, Room 2907 - 2910 , Rama IV Road, No. 944 Mitrtown Office Tower, Wang Mai Subdistrict, Pathum Wan District, Bangkok, THA
Hydrogen Freehold and Leasehold REIT invests in the freehold rights, the leasehold and sub-leasehold rights over parts of land, factory, warehouse and moveable properties of Saha Group Industrial Park - Si Racha; Saha Group Industrial Park - Kabinburi; Saha Group Industrial Park - Mae Sot, and Tiger Suvarnabhumi Distribution Center.

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