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Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario (BSP:HPDP11) ROA % : 0.55% (As of Jun. 2023)


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What is Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario's annualized Net Income for the quarter that ended in Jun. 2023 was R$1.50 Mil. Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario's average Total Assets over the quarter that ended in Jun. 2023 was R$271.04 Mil. Therefore, Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario's annualized ROA % for the quarter that ended in Jun. 2023 was 0.55%.

The historical rank and industry rank for Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario's ROA % or its related term are showing as below:

BSP:HPDP11' s ROA % Range Over the Past 10 Years
Min: 0.55   Med: 3.24   Max: 4.2
Current: 0.55

During the past 4 years, Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario's highest ROA % was 4.20%. The lowest was 0.55%. And the median was 3.24%.

BSP:HPDP11's ROA % is ranked worse than
64.17% of 801 companies
in the REITs industry
Industry Median: 2.19 vs BSP:HPDP11: 0.55

Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario ROA % Historical Data

The historical data trend for Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario'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.

Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario ROA % Chart

Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario Annual Data
Trend Jun20 Jun21 Jun22 Jun23
ROA %
- 3.24 4.20 0.55

Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario Semi-Annual Data
Jun20 Jun21 Jun22 Jun23
ROA % - 3.24 4.20 0.55

Competitive Comparison of Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario's ROA %

For the REIT - Retail subindustry, Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario'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.


Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario's ROA % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario's ROA % distribution charts can be found below:

* The bar in red indicates where Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario's ROA % falls into.



Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario ROA % Calculation

Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario's annualized ROA % for the fiscal year that ended in Jun. 2023 is calculated as:

ROA %=Net Income (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=1.498/( (278.314+263.76)/ 2 )
=1.498/271.037
=0.55 %

Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario's annualized ROA % for the quarter that ended in Jun. 2023 is calculated as:

ROA %=Net Income (Q: Jun. 2023 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=1.498/( (278.314+263.76)/ 2 )
=1.498/271.037
=0.55 %

* 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 one times the annual (Jun. 2023) net income data. ROA % is displayed in the 30-year financial page.


Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario  (BSP:HPDP11) 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: Jun. 2023 )
=Net Income/Total Assets
=1.498/271.037
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1.498 / 4.066)*(4.066 / 271.037)
=Net Margin %*Asset Turnover
=36.84 %*0.015
=0.55 %

Note: The Net Income data used here is one times the annual (Jun. 2023) net income data. The Revenue data used here is one times the annual (Jun. 2023) 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.


Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario ROA % Related Terms

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Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario (BSP:HPDP11) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Avenida Horacio Lafer, 160, 9th Floor (Parte), Itaim Bibi, Sao Paulo, SP, BRA, 04538-080
Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario is a real estate investment trust. Its objective is to invest in Shopping Parque Dom Pedro, located in Campinas, Sao Paulo.

Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario (BSP:HPDP11) Headlines

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