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Mixue GroupHKSE:02097 -0.67%23 ROA % is 22.15% as of Dec. 2024, which is 13% below its 10-year median of 25.35. GuruFocus rates HKSE:02097 with a GF Score™ of 23/100. Among 119 Beverages - Non-Alcoholic companies, Mixue Group ranks better than 93.28% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Mixue Group's annualizedNet Income for the quarter that ended in Dec. 2024 was HK$4,111 Mil.
Mixue Group's average Total Assets over the quarter that ended in Dec. 2024 was HK$18,561 Mil. Therefore, Mixue Group's annualized ROA % for the quarter that ended in Dec. 2024 was 22.15%.
The historical rank and industry rank for Mixue Group's ROA % or its related term are showing as below:
HKSE:02097'
s ROA % Range Over the Past 10 Years
Min: 22.23 Med: 25.35 Max: 26.11
Current: 22.85
During the past 5 years, Mixue Group's highest ROA % was 26.11%. The lowest was 22.23%. And the median was 25.35%.
HKSE:02097's ROA % is ranked better than 93.28% of 119
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 5.44
vs HKSE:02097: 22.85
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 four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 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.
Mixue Group ROA % Related Terms
Mixue Group ROA % Historical Data
* Premium members only.
The historical data trend for Mixue 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.
Mixue Group ROA % Chart
Mixue Group Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
Dec25
ROA %
25.73
23.09
25.46
25.92
23.07
Mixue Group Quarterly Data
Dec22
Dec23
Dec24
ROA %
14.95
23.38
22.15
HKSE:02097 vs KO, PEP, MNST: ROA % Comparison
For the Beverages - Non-Alcoholic subindustry, Mixue 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.
Mixue Group ROA % vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Mixue Group's ROA % distribution charts can be found below:
* The bar in red indicates where Mixue 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 four times the quarterly (Dec. 2024) net income data.
ROA % is displayed in the 30-year financial page.
Mixue Group (HKSE:02097) has a ROA % of 22.15% as of Dec. 2024. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Mixue Group and its competitors. This is 13% below median its historical median of 25.35. Over the past decade, Mixue Group's ROA % has ranged from 22.23 to 26.11. According to the industry distribution chart, Mixue Group ranks #8 out of 119 companies in the Beverages - Non-Alcoholic industry, placing it in the top 6.7%.
Is Mixue Group's ROA % too high?
Mixue Group's current ROA % of 22.15% is 13% below median its 10-year median of 25.35. Over the past 10 years, this metric has ranged from a low of 22.23 to a high of 26.11. The Beverages - Non-Alcoholic industry median ROA % is 5.44. Mixue Group's value of 22.15% is 307.2% above this industry median. Based on the distribution chart, Mixue Group ranks #8 out of 119 companies in the Beverages - Non-Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Mixue Group has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Mixue Group's ROA % compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Mixue Group ranks #8 out of 119 companies for ROA %. This places Mixue Group in the top 7% of its industry — outperforming the majority of peers. The industry median ROA % is 5.44. Mixue Group's value of 22.15% is 307.2% above this benchmark. Historically, Mixue Group's own ROA % has ranged from 22.23 to 26.11 over the past decade. While the company's 10-year median is 25.35 vs. the industry median of 5.44, Mixue Group 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 Beverages - Non-Alcoholic company?
The median ROA % among Beverages - Non-Alcoholic companies is 5.44, based on 119 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. Mixue Group's current ROA % of 22.15% is 307.2% 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 Mixue Group and its competitors. For the Beverages - Non-Alcoholic industry, the median ROA % is 5.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mixue Group's current ROA % is 22.15%, which is 13% below median its own 10-year median of 25.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mixue Group stock overvalued right now?
Mixue Group (HKSE:02097) has a current ROA % of 22.15%. The current ROA % is 22.15%, which is 13% below median its 10-year median of 25.35 and 307.2% above the Beverages - Non-Alcoholic industry median of 5.44. Mixue Group's overall GF Score™ is 23/100. 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 Mixue Group (HKSE:02097), the current ROA % is 22.15% as of Dec. 2024. 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.
Mixue Group is a freshly-made drinks company. It is committed to providing value-for-money products to consumers, including freshly-made fruit drinks, tea drinks, ice cream, and coffee, typically priced around one U.S. dollar (approximately RMB6) per item. The company has three brands - a freshly-made tea drinks brand, MIXUE, a freshly-made coffee brand, Lucky Cup, and a fresh beer brand, FULU Fresh Beer. The company derives the majority of its revenue from Mainland China.
23GF Score
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