ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Karrie International Holdings's annualizedNet Income for the quarter that ended in Sep. 2024 was HK$204 Mil.
Karrie International Holdings's average Total Assets over the quarter that ended in Sep. 2024 was HK$2,512 Mil. Therefore, Karrie International Holdings's annualized ROA % for the quarter that ended in Sep. 2024 was 8.10%.
The historical rank and industry rank for Karrie International Holdings's ROA % or its related term are showing as below:
HKSE:01050'
s ROA % Range Over the Past 10 Years
Min: 4.21 Med: 8.15 Max: 11.96
Current: 7.82
During the past 13 years, Karrie International Holdings's highest ROA % was 11.96%. The lowest was 4.21%. And the median was 8.15%.
HKSE:01050's ROA % is ranked better than 79.02% of 3017
companies
in the Industrial Products industry
Industry Median: 3.29
vs HKSE:01050: 7.82
Karrie 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.
Competitive Comparison of Karrie International Holdings's ROA %
For the Metal Fabrication subindustry, Karrie 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.
Karrie International Holdings's ROA % Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Karrie International Holdings's ROA % distribution charts can be found below:
* The bar in red indicates where Karrie International Holdings'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 two times the semi-annual (Sep. 2024) net income data.
ROA % is displayed in the 30-year financial page.
Karrie International Holdings (HKSE:01050) 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 (Sep. 2024) net income data. The Revenue data used here is two times the semi-annual (Sep. 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.
Karrie International Holdings ROA % Related Terms
Thank you for viewing the detailed overview of Karrie International Holdings's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.
Karrie International Holdings Business Description
Karrie International Holdings Ltd is an investment holding company. The group is principally engaged in the manufacturing and selling of metal and plastic products. It is organized into two main operating segments; Metal and Plastic Business, and Electronic Manufacturing Services Business. The majority of its revenue is derived from the Metal and Plastic Business segment which provides services like metal stamping, plastic injection, and mould design and production among others. Geographically, it derives maximum revenue from Hong Kong and also has a presence in Japan; Mainland China, Asia (excluding Japan, Hong Kong, and Mainland China); North America, and Western Europe.
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