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C.J. Gelatine Products (BOM:507515) ROA % : 2.17% (As of Dec. 2024)


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What is C.J. Gelatine Products ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. C.J. Gelatine Products's annualized Net Income for the quarter that ended in Dec. 2024 was ₹6.9 Mil. C.J. Gelatine Products's average Total Assets over the quarter that ended in Dec. 2024 was ₹316.2 Mil. Therefore, C.J. Gelatine Products's annualized ROA % for the quarter that ended in Dec. 2024 was 2.17%.

The historical rank and industry rank for C.J. Gelatine Products's ROA % or its related term are showing as below:

BOM:507515' s ROA % Range Over the Past 10 Years
Min: -6.72   Med: 0.57   Max: 1.18
Current: -0.73

During the past 13 years, C.J. Gelatine Products's highest ROA % was 1.18%. The lowest was -6.72%. And the median was 0.57%.

BOM:507515's ROA % is ranked worse than
75.64% of 1564 companies
in the Chemicals industry
Industry Median: 2.81 vs BOM:507515: -0.73

C.J. Gelatine Products ROA % Historical Data

The historical data trend for C.J. Gelatine Products'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.

C.J. Gelatine Products ROA % Chart

C.J. Gelatine Products Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 1.09 1.03 0.65 -5.68

C.J. Gelatine Products 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 -3.74 -2.53 0.56 -3.06 2.17

Competitive Comparison of C.J. Gelatine Products's ROA %

For the Specialty Chemicals subindustry, C.J. Gelatine Products'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.


C.J. Gelatine Products's ROA % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, C.J. Gelatine Products's ROA % distribution charts can be found below:

* The bar in red indicates where C.J. Gelatine Products's ROA % falls into.



C.J. Gelatine Products ROA % Calculation

C.J. Gelatine Products's annualized ROA % for the fiscal year that ended in Mar. 2024 is calculated as:

ROA %=Net Income (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=-19.471/( (354.596+330.985)/ 2 )
=-19.471/342.7905
=-5.68 %

C.J. Gelatine Products'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 )
=6.86/( (316.246+0)/ 1 )
=6.86/316.246
=2.17 %

* 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.


C.J. Gelatine Products  (BOM:507515) 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
=6.86/316.246
=(Net Income / Revenue)*(Revenue / Total Assets)
=(6.86 / 437.072)*(437.072 / 316.246)
=Net Margin %*Asset Turnover
=1.57 %*1.3821
=2.17 %

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.


C.J. Gelatine Products ROA % Related Terms

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C.J. Gelatine Products Business Description

Traded in Other Exchanges
N/A
Address
Acharya Donde Marg, B-Shop-05, Plot No. 237, Ground Floor, Azad Nagar Co-op Hsg Society Ltd, Azad Nagar, Rahivasi Sangh, Tokersi Jivraj Wadi, Sewree (West), Mumbai, MH, IND, 400015
C.J. Gelatine Products Ltd is a producer of specialty chemicals. The company manufactures and supplies food-grade edible gelatine, technical gelatine, photographic gelatine, and pharmaceutical-grade gelatin. It also sells bone-based di-calcium phosphate (DCP) and ossein. The sale of gelatin generates maximum revenue for the company. Geographically, the company operates only in the Indian market.

C.J. Gelatine Products Headlines

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