ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Sandmartin International Holdings's annualizedNet Income for the quarter that ended in Dec. 2025 was HK$-148.9 Mil.
Sandmartin International Holdings's average Total Assets over the quarter that ended in Dec. 2025 was HK$793.7 Mil. Therefore, Sandmartin International Holdings's annualized ROA % for the quarter that ended in Dec. 2025 was -18.76%.
HKSE:00482'
s ROA % Range Over the Past 10 Years
Min: -29.63 Med: -8.17 Max: -1.31
Current: -14.04
During the past 13 years, Sandmartin International Holdings's highest ROA % was -1.31%. The lowest was -29.63%. And the median was -8.17%.
HKSE:00482's ROA % is ranked worse than 89.5% of 2496
companies
in the Hardware industry
Industry Median: 2.28
vs HKSE:00482: -14.04
Sandmartin International Holdings (HKSE:00482) 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 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.
Sandmartin International Holdings ROA % Related Terms
Sandmartin International Holdings ROA % Historical 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.
For the Communication Equipment subindustry, Sandmartin International Holdings'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.
Sandmartin International Holdings ROA % vs Hardware Industry
* 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.
Sandmartin International Holdings (HKSE:00482) has a ROA % of -18.76% 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 Sandmartin International Holdings and its competitors. According to the industry distribution chart, Sandmartin International Holdings ranks #2234 out of 2496 companies in the Hardware industry, placing it in the top 89.5%.
Is Sandmartin International Holdings' ROA % too high?
Sandmartin International Holdings' current ROA % is -18.76%. Based on the distribution chart, Sandmartin International Holdings ranks #2234 out of 2496 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Sandmartin International Holdings has a GF Score™ of 23/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sandmartin International Holdings' ROA % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Sandmartin International Holdings ranks #2234 out of 2496 companies for ROA %. This places Sandmartin International Holdings in the lower half of its industry. The industry median ROA % is 2.28. 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 Hardware company?
The median ROA % among Hardware companies is 2.28, based on 2,496 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. 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 Sandmartin International Holdings and its competitors. For the Hardware industry, the median ROA % is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sandmartin International Holdings's current ROA % is -18.76%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sandmartin International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Sandmartin International Holdings (HKSE:00482) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.49, compared to a current price of HK$0.57 — trading 16.3% above its estimated fair value. The current ROA % is -18.76%. Sandmartin International Holdings' overall GF Score™ is 23/100 with 5 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 Sandmartin International Holdings (HKSE:00482), the current ROA % is -18.76% 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 Sandmartin International Holdings (HKSE:00482) Overvalued in 2026?
Based on GuruFocus' analysis, Sandmartin International Holdings stock appears to be overvalued.
The current stock price of HK$0.57 is trading 16.3% above its estimated GF Value™ of HK$0.49.
GuruFocus considers Sandmartin International Holdings to be Modestly Overvalued.
Key valuation signals for HKSE:00482:
ROA %: -18.76%
GF Value™: HK$0.49 vs. price of HK$0.57 (16.3% above fair value)
No single metric tells the full story. See the HKSE:00482 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sandmartin International Holdings Business Description
Sandmartin International Holdings Ltd, along with its subsidiaries is engaged in the manufacturing and trading of satellite television equipment products, other electronic goods, and satellite television broadcasting. The product line of the company consists of digital receivers, components, Radio frequency (RF) products, fiber optics, networking products and digital measurement equipment. The business of the company operates in segments that include Media Entertainment Platform, Other Multimedia Products, and Satellite TV Equipment and Antenna products. The Satellite TV Equipment and Antenna generates maximum revenue for the company. It exports its products to Asia, Europe, North America, Middle East, Africa, South America, and other regions.
23GF Score
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