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Lancer Container Lines (BOM:539841) ROA % : 2.63% (As of Dec. 2024)


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What is Lancer Container Lines ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Lancer Container Lines's annualized Net Income for the quarter that ended in Dec. 2024 was ₹163 Mil. Lancer Container Lines's average Total Assets over the quarter that ended in Dec. 2024 was ₹6,195 Mil. Therefore, Lancer Container Lines's annualized ROA % for the quarter that ended in Dec. 2024 was 2.63%.

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

BOM:539841' s ROA % Range Over the Past 10 Years
Min: 1.93   Med: 9.82   Max: 17.7
Current: 8.21

During the past 13 years, Lancer Container Lines's highest ROA % was 17.70%. The lowest was 1.93%. And the median was 9.82%.

BOM:539841's ROA % is ranked better than
78.61% of 977 companies
in the Transportation industry
Industry Median: 3.94 vs BOM:539841: 8.21

Lancer Container Lines ROA % Historical Data

The historical data trend for Lancer Container Lines'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.

Lancer Container Lines ROA % Chart

Lancer Container Lines 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 8.91 8.75 17.70 14.76 10.73

Lancer Container Lines 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 10.55 11.38 8.59 9.54 2.63

Competitive Comparison of Lancer Container Lines's ROA %

For the Integrated Freight & Logistics subindustry, Lancer Container Lines'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.


Lancer Container Lines's ROA % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Lancer Container Lines's ROA % distribution charts can be found below:

* The bar in red indicates where Lancer Container Lines's ROA % falls into.


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Lancer Container Lines ROA % Calculation

Lancer Container Lines'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 )
=583.661/( (5264.181+5619.223)/ 2 )
=583.661/5441.702
=10.73 %

Lancer Container Lines'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 )
=163.08/( (6194.6+0)/ 1 )
=163.08/6194.6
=2.63 %

* 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.


Lancer Container Lines  (BOM:539841) 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
=163.08/6194.6
=(Net Income / Revenue)*(Revenue / Total Assets)
=(163.08 / 8158.904)*(8158.904 / 6194.6)
=Net Margin %*Asset Turnover
=2 %*1.3171
=2.63 %

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.


Lancer Container Lines ROA % Related Terms

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Lancer Container Lines Business Description

Traded in Other Exchanges
N/A
Address
Unit Nos. H02-2, H02-3 & H02-4, Plot No. 60, Sector-11, Lancer House, Mayuresh Chambers Premises Co-op.Society Ltd, CBD Belapur, Navi Mumbai, MH, IND, 400614
Lancer Container Lines Ltd is an India-based logistics company engaged in providing coastal water transport services of intermodal containers by container ships. The group provides logistic services such as non-vessel-operating common carrier, freight forwarding, container trading and leasing and container yard. The organization provides the services on a global basis. The company operates only in one segment namely Non Vessel Owners Operating Carrier.

Lancer Container Lines Headlines

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