GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Ocean Glass PCL (BKK:OGC) » Definitions » ROA %

Ocean Glass PCL (BKK:OGC) ROA % : 5.56% (As of Dec. 2024)


View and export this data going back to 1993. Start your Free Trial

What is Ocean Glass PCL ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Ocean Glass PCL's annualized Net Income for the quarter that ended in Dec. 2024 was ฿217 Mil. Ocean Glass PCL's average Total Assets over the quarter that ended in Dec. 2024 was ฿3,902 Mil. Therefore, Ocean Glass PCL's annualized ROA % for the quarter that ended in Dec. 2024 was 5.56%.

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

BKK:OGC' s ROA % Range Over the Past 10 Years
Min: -7.37   Med: 0.58   Max: 4.2
Current: -2.5

During the past 13 years, Ocean Glass PCL's highest ROA % was 4.20%. The lowest was -7.37%. And the median was 0.58%.

BKK:OGC's ROA % is ranked worse than
80.41% of 434 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 3.04 vs BKK:OGC: -2.50

Ocean Glass PCL ROA % Historical Data

The historical data trend for Ocean Glass PCL'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.

Ocean Glass PCL ROA % Chart

Ocean Glass PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.37 0.09 0.59 0.38 -2.48

Ocean Glass PCL Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 4.14 -4.05 -4.77 -6.89 5.56

Competitive Comparison of Ocean Glass PCL's ROA %

For the Furnishings, Fixtures & Appliances subindustry, Ocean Glass PCL'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.


Ocean Glass PCL's ROA % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ocean Glass PCL's ROA % distribution charts can be found below:

* The bar in red indicates where Ocean Glass PCL's ROA % falls into.



Ocean Glass PCL ROA % Calculation

Ocean Glass PCL's annualized ROA % for the fiscal year that ended in Dec. 2024 is calculated as:

ROA %=Net Income (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=-96.396/( (3850.015+3927.253)/ 2 )
=-96.396/3888.634
=-2.48 %

Ocean Glass PCL's annualized ROA % for the quarter that ended in Dec. 2024 is calculated as:

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=217.088/( (3877.12+3927.253)/ 2 )
=217.088/3902.1865
=5.56 %

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


Ocean Glass PCL  (BKK:OGC) 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. 2024 )
=Net Income/Total Assets
=217.088/3902.1865
=(Net Income / Revenue)*(Revenue / Total Assets)
=(217.088 / 2161.824)*(2161.824 / 3902.1865)
=Net Margin %*Asset Turnover
=10.04 %*0.554
=5.56 %

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


Ocean Glass PCL ROA % Related Terms

Thank you for viewing the detailed overview of Ocean Glass PCL's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Ocean Glass PCL Business Description

Traded in Other Exchanges
Address
Sukhumvit 19 Road, 75/3 and 75/88-91 Ocean Tower II, 12th and 34th floor, North Klongtoey, Wattana, Bangkok, THA, 10110
Ocean Glass PCL is a Thailand-based company that manufactures and sells table glassware. The company manufactures glassware for families, food service operators, companies, and brands who want to personalize their own glassware as gifts or souvenirs. Its offering includes all kinds of glasses such as drinking glasses, wine glasses, beer glasses, juice glasses, and dining glass sets. It sells its products under the brands Ocean and Lucaris. Its market coverage includes Thailand and Overseas markets, with the majority of the revenue generated from overseas sales.

Ocean Glass PCL Headlines

No Headlines