Raymond Industrial (HKSE:00229) ROA %: 3.11% (As of Dec. 2025) — 40% Below Median

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HKSE:00229 Raymond Industrial Ltd HKSE:00229
43 GF Score
Price HK$0.79
GF Value HK$0.83
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Raymond Industrial ROA %?

Raymond Industrial HKSE:00229 43 ROA % is 3.11% as of Dec. 2025, which is 40% below its 10-year median of 5.15. GuruFocus rates HKSE:00229 with a GF Score™ of 43/100 and a GF Value™ of HK$0.83 (Fairly Valued). The stock has 2 warning signs investors should review. Among 435 Furnishings, Fixtures & Appliances companies, Raymond Industrial ranks better than 70.34% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Raymond Industrial's annualized Net Income for the quarter that ended in Dec. 2025 was HK$28 Mil. Raymond Industrial's average Total Assets over the quarter that ended in Dec. 2025 was HK$895 Mil. Therefore, Raymond Industrial's annualized ROA % for the quarter that ended in Dec. 2025 was 3.11%.

The historical rank and industry rank for Raymond Industrial's ROA % or its related term are showing as below:

HKSE:00229' s ROA % Range Over the Past 10 Years
Min: 3.37   Med: 5.15   Max: 7.78
Current: 5.22

During the past 13 years, Raymond Industrial's highest ROA % was 7.78%. The lowest was 3.37%. And the median was 5.15%.

HKSE:00229's ROA % is ranked better than
70.34% of 435 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.23 vs HKSE:00229: 5.22

Raymond Industrial  (HKSE:00229) 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. 2025 )
=Net Income/Total Assets
=27.818/894.549
=(Net Income / Revenue)*(Revenue / Total Assets)
=(27.818 / 1105.272)*(1105.272 / 894.549)
=Net Margin %*Asset Turnover
=2.52 %*1.2356
=3.11 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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.


Raymond Industrial ROA % Related Terms


Raymond Industrial ROA % Historical Data

* Premium members only.

The historical data trend for Raymond Industrial'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.

Raymond Industrial ROA % Chart

Raymond Industrial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.38 3.37 7.78 5.11 5.19

Raymond Industrial Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 9.68 5.98 4.13 7.38 3.11

HKSE:00229 vs SN, SGI, MHK: ROA % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Raymond Industrial'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.


Raymond Industrial ROA % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Raymond Industrial's ROA % distribution charts can be found below:

* The bar in red indicates where Raymond Industrial's ROA % falls into.


HKSE:00229
43GF Score
Raymond Industrial Ltd HKSE:00229
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Raymond Industrial ROA % Calculation

Raymond Industrial's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=46.414/( (880.244+907.569)/ 2 )
=46.414/893.9065
=5.19 %

Raymond Industrial's annualized ROA % for the quarter that ended in Dec. 2025 is calculated as:

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=27.818/( (881.529+907.569)/ 2 )
=27.818/894.549
=3.11 %

* 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 two times the semi-annual (Dec. 2025) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 3.11% mean?
Raymond Industrial (HKSE:00229) has a ROA % of 3.11% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Raymond Industrial and its competitors. This is 40% below median its historical median of 5.15. Over the past decade, Raymond Industrial's ROA % has ranged from 3.37 to 7.78. According to the industry distribution chart, Raymond Industrial ranks #129 out of 435 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 29.7%.
Is Raymond Industrial's ROA % too high?
Raymond Industrial's current ROA % of 3.11% is 40% below median its 10-year median of 5.15. Over the past 10 years, this metric has ranged from a low of 3.37 to a high of 7.78. The Furnishings, Fixtures & Appliances industry median ROA % is 2.23. Raymond Industrial's value of 3.11% is 39.5% above this industry median. Based on the distribution chart, Raymond Industrial ranks #129 out of 435 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Raymond Industrial has a GF Score™ of 43/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Raymond Industrial's ROA % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Raymond Industrial ranks #129 out of 435 companies for ROA %. This puts Raymond Industrial in the upper half of its industry. The industry median ROA % is 2.23. Raymond Industrial's value of 3.11% is 39.5% above this benchmark. Historically, Raymond Industrial's own ROA % has ranged from 3.37 to 7.78 over the past decade. While the company's 10-year median is 5.15 vs. the industry median of 2.23, Raymond Industrial has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Furnishings, Fixtures & Appliances company?
The median ROA % among Furnishings, Fixtures & Appliances companies is 2.23, based on 435 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Raymond Industrial's current ROA % of 3.11% is 39.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Raymond Industrial and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROA % is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Raymond Industrial's current ROA % is 3.11%, which is 40% below median its own 10-year median of 5.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raymond Industrial stock overvalued right now?
Based on GuruFocus' analysis, Raymond Industrial (HKSE:00229) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.83, compared to a current price of HK$0.79 — trading 4.8% below its estimated fair value. The current ROA % is 3.11%, which is 40% below median its 10-year median of 5.15 and 39.5% above the Furnishings, Fixtures & Appliances industry median of 2.23. Raymond Industrial's overall GF Score™ is 43/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Raymond Industrial (HKSE:00229), the current ROA % is 3.11% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Raymond Industrial (HKSE:00229) Overvalued in 2026?

Based on GuruFocus' analysis, Raymond Industrial stock appears to be undervalued. The current stock price of HK$0.79 is trading 4.8% below its estimated GF Value™ of HK$0.83. GuruFocus considers Raymond Industrial to be Fairly Valued.

Key valuation signals for HKSE:00229:

  • ROA %: 3.11% (40% below median its 10-year median of 5.15)
  • GF Value™: HK$0.83 vs. price of HK$0.79 (4.8% below fair value)
  • GF Score™: 43/100 with 2 warning signs
  • Industry Position: 39.5% above the Furnishings, Fixtures & Appliances median (#129 of 435)

No single metric tells the full story. See the HKSE:00229 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Raymond Industrial Business Description

Address 8 On Ping Street, Rooms 1806-1813, 18th Floor, Grandtech Centre, Shatin, New Territories, Hong Kong, HKG
Raymond Industrial Ltd is engaged in the manufacture and sale of electrical home appliances. Its reportable operating segments are North America, mainly including the United States of America and Canada; Latin America, mainly including Mexico; Europe, mainly including the United Kingdom and the Netherlands; Asia, mainly including the PRC, Korea, and Japan; and the Rest of the World.
43GF Score

Get the complete analysis for HKSE:00229

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.79
Price
HK$0.83
GF Value