ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Fu-Wang Ceramic Industry's annualizedNet Income for the quarter that ended in Dec. 2024 was BDT22 Mil.
Fu-Wang Ceramic Industry's average Total Assets over the quarter that ended in Dec. 2024 was BDT7,873 Mil. Therefore, Fu-Wang Ceramic Industry's annualized ROA % for the quarter that ended in Dec. 2024 was 0.28%.
The historical rank and industry rank for Fu-Wang Ceramic Industry's ROA % or its related term are showing as below:
DHA:FUWANGCER'
s ROA % Range Over the Past 10 Years
Min: 0.3 Med: 2.35 Max: 8.52
Current: 0.3
During the past 13 years, Fu-Wang Ceramic Industry's highest ROA % was 8.52%. The lowest was 0.30%. And the median was 2.35%.
DHA:FUWANGCER's ROA % is ranked worse than 71.88% of 1739
companies
in the Construction industry
Industry Median: 2.54
vs DHA:FUWANGCER: 0.30
* 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.
Competitive Comparison of Fu-Wang Ceramic Industry's ROA %
For the Building Products & Equipment subindustry, Fu-Wang Ceramic Industry'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.
Fu-Wang Ceramic Industry's ROA % Distribution in the Construction Industry
For the Construction industry and Industrials sector, Fu-Wang Ceramic Industry's ROA % distribution charts can be found below:
* The bar in red indicates where Fu-Wang Ceramic Industry's ROA % falls into.
* 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.
Fu-Wang Ceramic Industry (DHA:FUWANGCER) 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 banks 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:
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.
Fu-Wang Ceramic Industry ROA % Related Terms
Thank you for viewing the detailed overview of Fu-Wang Ceramic Industry's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.
Fu-Wang Ceramic Industry Ltd is in the ceramic industry and operates two industrial units for manufacturing of various types and sizes of floor tiles and glazed wall tiles and sales. The company is engaged in the manufacturing and marketing of ceramic and homogeneous floor and wall tiles. Its product offerings include ceramic floor tiles, stair tiles, border tiles, and decor tiles, etc. the company also provides super glossy floor, wall & stair tiles under the brand name Picasso Tiles.
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