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Zall Smart Commerce GroupHKSE:02098 ROA % is 0.15% as of Dec. 2025, which is 17% below its 10-year median of 0.18. The stock has 3 warning signs investors should review. Among 559 Conglomerates companies, Zall Smart Commerce Group ranks worse than 72.09% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Zall Smart Commerce Group's annualizedNet Income for the quarter that ended in Dec. 2025 was HK$111 Mil.
Zall Smart Commerce Group's average Total Assets over the quarter that ended in Dec. 2025 was HK$72,233 Mil. Therefore, Zall Smart Commerce Group's annualized ROA % for the quarter that ended in Dec. 2025 was 0.15%.
The historical rank and industry rank for Zall Smart Commerce Group's ROA % or its related term are showing as below:
HKSE:02098'
s ROA % Range Over the Past 10 Years
Min: -4.85 Med: 0.18 Max: 7.42
Current: 0.22
During the past 13 years, Zall Smart Commerce Group's highest ROA % was 7.42%. The lowest was -4.85%. And the median was 0.18%.
HKSE:02098's ROA % is ranked worse than 72.09% of 559
companies
in the Conglomerates industry
Industry Median: 2.67
vs HKSE:02098: 0.22
Zall Smart Commerce Group (HKSE:02098) 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.
* 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 Conglomerates subindustry, Zall Smart Commerce 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.
Zall Smart Commerce Group ROA % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Zall Smart Commerce Group's ROA % distribution charts can be found below:
* The bar in red indicates where Zall Smart Commerce 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.
Zall Smart Commerce Group (HKSE:02098) has a ROA % of 0.15% 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 Zall Smart Commerce Group and its competitors. This is 17% below median its historical median of 0.18. According to the industry distribution chart, Zall Smart Commerce Group ranks #403 out of 559 companies in the Conglomerates industry, placing it in the top 72.1%.
Is Zall Smart Commerce Group's ROA % too high?
Zall Smart Commerce Group's current ROA % of 0.15% is 17% below median its 10-year median of 0.18. The Conglomerates industry median ROA % is 2.67. Zall Smart Commerce Group's value of 0.15% is 94.4% below this industry median. Based on the distribution chart, Zall Smart Commerce Group ranks #403 out of 559 companies in the Conglomerates industry, which is below the industry midpoint.
How does Zall Smart Commerce Group's ROA % compare to MMM and HON?
According to the Conglomerates industry distribution chart, Zall Smart Commerce Group ranks #403 out of 559 companies for ROA %. This places Zall Smart Commerce Group in the lower half of its industry. The industry median ROA % is 2.67. Zall Smart Commerce Group's value of 0.15% is 94.4% below this benchmark. While the company's 10-year median is 0.18 vs. the industry median of 2.67, Zall Smart Commerce Group has consistently been below 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 Conglomerates company?
The median ROA % among Conglomerates companies is 2.67, based on 559 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. Zall Smart Commerce Group's current ROA % of 0.15% is 94.4% below 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 Zall Smart Commerce Group and its competitors. For the Conglomerates industry, the median ROA % is 2.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zall Smart Commerce Group's current ROA % is 0.15%, which is 17% below median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zall Smart Commerce Group stock overvalued right now?
Based on GuruFocus' analysis, Zall Smart Commerce Group (HKSE:02098) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$0.38, compared to a current price of HK$0.07 — trading 81.8% below its estimated fair value. The current ROA % is 0.15%, which is 17% below median its 10-year median of 0.18 and 94.4% below the Conglomerates industry median of 2.67. 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 Zall Smart Commerce Group (HKSE:02098), the current ROA % is 0.15% 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.
Zall Smart Commerce Group Ltd is an investment holding company. Along with its subsidiaries, it is engaged in developing and operating large-scale consumer product-focused wholesale shopping malls in the PRC, and providing supply chain management and trading business, e-commerce services, financial services, warehousing, and logistics services. The Group's reportable segments are: Property development and related services, and Supply chain management and trading, with maximum revenue coming from the latter, by providing trade-related supply chain financial services; and trading agricultural products, chemical materials, plastic raw materials, consumer goods, black and non-ferrous metals, etc. Geographically, the Group generates maximum revenue from China (PRC), and the rest from Singapore.
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