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HSC Resources Group (HKSE:01850) ROA % : 1.04% (As of Oct. 2024)


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What is HSC Resources Group ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. HSC Resources Group's annualized Net Income for the quarter that ended in Oct. 2024 was HK$4.3 Mil. HSC Resources Group's average Total Assets over the quarter that ended in Oct. 2024 was HK$408.7 Mil. Therefore, HSC Resources Group's annualized ROA % for the quarter that ended in Oct. 2024 was 1.04%.

The historical rank and industry rank for HSC Resources Group's ROA % or its related term are showing as below:

HKSE:01850' s ROA % Range Over the Past 10 Years
Min: -10.44   Med: 2.86   Max: 38.69
Current: 0.71

During the past 10 years, HSC Resources Group's highest ROA % was 38.69%. The lowest was -10.44%. And the median was 2.86%.

HKSE:01850's ROA % is ranked worse than
69.39% of 1065 companies
in the Business Services industry
Industry Median: 3.53 vs HKSE:01850: 0.71

HSC Resources Group ROA % Historical Data

The historical data trend for HSC Resources Group'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.

HSC Resources Group ROA % Chart

HSC Resources Group Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.44 2.60 -3.72 3.11 0.89

HSC Resources Group Semi-Annual Data
Apr15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
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 5.28 1.34 1.36 0.37 1.04

Competitive Comparison of HSC Resources Group's ROA %

For the Security & Protection Services subindustry, HSC Resources Group'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.


HSC Resources Group's ROA % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, HSC Resources Group's ROA % distribution charts can be found below:

* The bar in red indicates where HSC Resources Group's ROA % falls into.



HSC Resources Group ROA % Calculation

HSC Resources Group's annualized ROA % for the fiscal year that ended in Apr. 2024 is calculated as:

ROA %=Net Income (A: Apr. 2024 )/( (Total Assets (A: Apr. 2023 )+Total Assets (A: Apr. 2024 ))/ count )
=2.928/( (258.821+397.064)/ 2 )
=2.928/327.9425
=0.89 %

HSC Resources Group's annualized ROA % for the quarter that ended in Oct. 2024 is calculated as:

ROA %=Net Income (Q: Oct. 2024 )/( (Total Assets (Q: Apr. 2024 )+Total Assets (Q: Oct. 2024 ))/ count )
=4.26/( (397.064+420.409)/ 2 )
=4.26/408.7365
=1.04 %

* 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 (Oct. 2024) net income data. ROA % is displayed in the 30-year financial page.


HSC Resources Group  (HKSE:01850) 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: Oct. 2024 )
=Net Income/Total Assets
=4.26/408.7365
=(Net Income / Revenue)*(Revenue / Total Assets)
=(4.26 / 542.956)*(542.956 / 408.7365)
=Net Margin %*Asset Turnover
=0.78 %*1.3284
=1.04 %

Note: The Net Income data used here is two times the semi-annual (Oct. 2024) net income data. The Revenue data used here is two times the semi-annual (Oct. 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.


HSC Resources Group ROA % Related Terms

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HSC Resources Group Business Description

Traded in Other Exchanges
N/A
Address
9 Sheung Yuet Road, Unit 1603, 16th Floor, Tower 1, Enterprise Square, Kowloon Bay, Kowloon, Hong Kong, HKG
HSC Resources Group Ltd Formerly WINDMILL Group Ltd is an investment holding company. It is engaged in designing, supplying, and installation of fire safety systems for buildings under construction or re-development and maintenance and repair of fire safety systems for built premises. Geographically, the company derives revenue from Hong Kong and Macau. The company generates the majority of its revenue from design, supply, and installation services, followed by maintenance and repair services.
Executives
Xu Jia Qi 2101 Beneficial owner
Li Yin Tao 2101 Beneficial owner
Garden Wealth Investment Limited 2101 Beneficial owner
Li Minying 2101 Beneficial owner
Li Junheng 2101 Beneficial owner
Standard Chartered Plc 2201 Interest of corporation controlled by you
Low Tuck Kwong 2101 Beneficial owner
Wong Kai Lai 2101 Beneficial owner
Li Minying 2201 Interest of corporation controlled by you
Jiang Jianhui 2201 Interest of corporation controlled by you
Great Season Ventures Limited 2101 Beneficial owner

HSC Resources Group Headlines

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