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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Asiaray Media Group's annualizedNet Income for the quarter that ended in Dec. 2025 was HK$25 Mil.
Asiaray Media Group's average Total Assets over the quarter that ended in Dec. 2025 was HK$1,871 Mil. Therefore, Asiaray Media Group's annualized ROA % for the quarter that ended in Dec. 2025 was 1.31%.
The historical rank and industry rank for Asiaray Media Group's ROA % or its related term are showing as below:
HKSE:01993'
s ROA % Range Over the Past 10 Years
Min: -4.21 Med: -1.36 Max: 4.35
Current: 0.74
During the past 13 years, Asiaray Media Group's highest ROA % was 4.35%. The lowest was -4.21%. And the median was -1.36%.
HKSE:01993's ROA % is ranked worse than 50.29% of 1030
companies
in the Media - Diversified industry
Industry Median: 0.76
vs HKSE:01993: 0.74
Asiaray Media Group (HKSE:01993) 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.
Asiaray Media Group ROA % Related Terms
Asiaray Media Group ROA % Historical Data
* Premium members only.
The historical data trend for Asiaray Media 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.
For the Advertising Agencies subindustry, Asiaray Media 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.
Asiaray Media Group ROA % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Asiaray Media Group's ROA % distribution charts can be found below:
* The bar in red indicates where Asiaray Media Group'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 (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Asiaray Media Group (HKSE:01993) has a ROA % of 1.31% 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 Asiaray Media Group and its competitors. According to the industry distribution chart, Asiaray Media Group ranks #518 out of 1030 companies in the Media - Diversified industry, placing it in the top 50.3%.
Is Asiaray Media Group's ROA % too high?
Asiaray Media Group's current ROA % is 1.31%. The Media - Diversified industry median ROA % is 0.76. Asiaray Media Group's value of 1.31% is 72.4% above this industry median. Based on the distribution chart, Asiaray Media Group ranks #518 out of 1030 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Asiaray Media Group has a GF Score™ of 32/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asiaray Media Group's ROA % compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Asiaray Media Group ranks #518 out of 1030 companies for ROA %. This places Asiaray Media Group in the lower half of its industry. The industry median ROA % is 0.76. Asiaray Media Group's value of 1.31% is 72.4% above this benchmark. 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 Media - Diversified company?
The median ROA % among Media - Diversified companies is 0.76, based on 1,030 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. Asiaray Media Group's current ROA % of 1.31% is 72.4% 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 Asiaray Media Group and its competitors. For the Media - Diversified industry, the median ROA % is 0.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asiaray Media Group's current ROA % is 1.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asiaray Media Group stock overvalued right now?
Based on GuruFocus' analysis, Asiaray Media Group (HKSE:01993) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.56, compared to a current price of HK$0.50 — trading 10.7% below its estimated fair value. The current ROA % is 1.31% and 72.4% above the Media - Diversified industry median of 0.76. Asiaray Media Group's overall GF Score™ is 32/100 with 6 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 Asiaray Media Group (HKSE:01993), the current ROA % is 1.31% 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 Asiaray Media Group (HKSE:01993) Overvalued in 2026?
Based on GuruFocus' analysis, Asiaray Media Group stock appears to be undervalued.
The current stock price of HK$0.50 is trading 10.7% below its estimated GF Value™ of HK$0.56.
GuruFocus considers Asiaray Media Group to be Modestly Undervalued.
Key valuation signals for HKSE:01993:
ROA %: 1.31%
GF Value™: HK$0.56 vs. price of HK$0.50 (10.7% below fair value)
Industry Position: 72.4% above the Media - Diversified median (#518 of 1030)
No single metric tells the full story. See the HKSE:01993 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asiaray Media Group Ltd is an investment holding company. Along with its subsidiaries, it operates as an out-of-home media company in Greater China with a strategic focus on mega transport advertising media management, including airport, metro line, and high-speed rail line, etc. The Group's operating segments are: Airports business, Metro and billboards business, and Bus and other business. Maximum revenue is generated from the Metro and billboards business, which is involved in the operation of advertising services in metro lines and billboards, and building solutions. Geographically, the Group generates maximum revenue from the Chinese Mainland, and the rest from Hong Kong and other regions.
32GF Score
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