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China Liaoning Dingxu Ecological Agriculture Development (China Liaoning Dingxu Ecological Agriculture Development) ROA % : 0.00% (As of Sep. 2022)


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What is China Liaoning Dingxu Ecological Agriculture Development ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. China Liaoning Dingxu Ecological Agriculture Development's annualized Net Income for the quarter that ended in Sep. 2022 was $0.00 Mil. China Liaoning Dingxu Ecological Agriculture Development's average Total Assets over the quarter that ended in Sep. 2022 was $0.05 Mil. Therefore, China Liaoning Dingxu Ecological Agriculture Development's annualized ROA % for the quarter that ended in Sep. 2022 was 0.00%.

The historical rank and industry rank for China Liaoning Dingxu Ecological Agriculture Development's ROA % or its related term are showing as below:

CLAD's ROA % is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 3
* Ranked among companies with meaningful ROA % only.

China Liaoning Dingxu Ecological Agriculture Development ROA % Historical Data

The historical data trend for China Liaoning Dingxu Ecological Agriculture Development'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.

China Liaoning Dingxu Ecological Agriculture Development ROA % Chart

China Liaoning Dingxu Ecological Agriculture Development Annual Data
Trend Sep11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
ROA %
Get a 7-Day Free Trial 29.08 -29.92 -8.36 -50.47 -60.35

China Liaoning Dingxu Ecological Agriculture Development Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Dec16 Dec17 Sep18 Jun21 Sep21 Jun22 Sep22
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 - - - - -

Competitive Comparison of China Liaoning Dingxu Ecological Agriculture Development's ROA %

For the Farm Products subindustry, China Liaoning Dingxu Ecological Agriculture Development'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.


China Liaoning Dingxu Ecological Agriculture Development's ROA % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, China Liaoning Dingxu Ecological Agriculture Development's ROA % distribution charts can be found below:

* The bar in red indicates where China Liaoning Dingxu Ecological Agriculture Development's ROA % falls into.



China Liaoning Dingxu Ecological Agriculture Development ROA % Calculation

China Liaoning Dingxu Ecological Agriculture Development's annualized ROA % for the fiscal year that ended in Dec. 2017 is calculated as:

ROA %=Net Income (A: Dec. 2017 )/( (Total Assets (A: Dec. 2016 )+Total Assets (A: Dec. 2017 ))/ count )
=-7.191/( (9.726+14.105)/ 2 )
=-7.191/11.9155
=-60.35 %

China Liaoning Dingxu Ecological Agriculture Development's annualized ROA % for the quarter that ended in Sep. 2022 is calculated as:

ROA %=Net Income (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=0/( (0.046+0.046)/ 2 )
=0/0.046
=0.00 %

* 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. 2022) net income data. ROA % is displayed in the 30-year financial page.


China Liaoning Dingxu Ecological Agriculture Development  (OTCPK:CLAD) 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. 2022 )
=Net Income/Total Assets
=0/0.046
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0 / 0)*(0 / 0.046)
=Net Margin %*Asset Turnover
=N/A %*0
=0.00 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) 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.


China Liaoning Dingxu Ecological Agriculture Development ROA % Related Terms

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China Liaoning Dingxu Ecological Agriculture Development (China Liaoning Dingxu Ecological Agriculture Development) Business Description

Traded in Other Exchanges
N/A
Address
17800 Castleton Street, City of Industry, CA, USA, 91748
Website
China Liaoning Dingxu Ecological Agriculture Development Inc produces and sells mushrooms and related agricultural products. The company's products include Fresh mushrooms, Mushrooms seeds, and Dried mushrooms.

China Liaoning Dingxu Ecological Agriculture Development (China Liaoning Dingxu Ecological Agriculture Development) Headlines

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