Persistence Gold GroupHKSE:02489 +4.41%48 ROA % is 6.94% as of Mar. 2026, which is 5% below its 10-year median of 7.34. GuruFocus rates HKSE:02489 with a GF Score™ of 48/100. The stock has 4 warning signs investors should review. Among 2,662 Metals & Mining companies, Persistence Gold Group ranks better than 84.75% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Persistence Gold Group's annualizedNet Income for the quarter that ended in Mar. 2026 was HK$178.7 Mil.
Persistence Gold Group's average Total Assets over the quarter that ended in Mar. 2026 was HK$2,574.9 Mil. Therefore, Persistence Gold Group's annualized ROA % for the quarter that ended in Mar. 2026 was 6.94%.
The historical rank and industry rank for Persistence Gold Group's ROA % or its related term are showing as below:
HKSE:02489'
s ROA % Range Over the Past 10 Years
Min: 5.34 Med: 7.34 Max: 10.18
Current: 6.01
During the past 6 years, Persistence Gold Group's highest ROA % was 10.18%. The lowest was 5.34%. And the median was 7.34%.
HKSE:02489's ROA % is ranked better than 84.75% of 2662
companies
in the Metals & Mining industry
Industry Median: -16.81
vs HKSE:02489: 6.01
Persistence Gold Group (HKSE:02489) 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 four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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 Gold subindustry, Persistence Gold 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.
Persistence Gold Group ROA % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Persistence Gold Group's ROA % distribution charts can be found below:
* The bar in red indicates where Persistence Gold 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 (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Persistence Gold Group (HKSE:02489) has a ROA % of 6.94% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Persistence Gold Group and its competitors. This is near median its historical median of 7.34. Over the past decade, Persistence Gold Group's ROA % has ranged from 5.34 to 10.18. According to the industry distribution chart, Persistence Gold Group ranks #406 out of 2662 companies in the Metals & Mining industry, placing it in the top 15.3%.
Is Persistence Gold Group's ROA % too high?
Persistence Gold Group's current ROA % of 6.94% is near median its 10-year median of 7.34. Over the past 10 years, this metric has ranged from a low of 5.34 to a high of 10.18. Based on the distribution chart, Persistence Gold Group ranks #406 out of 2662 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Persistence Gold Group has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Persistence Gold Group's ROA % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Persistence Gold Group ranks #406 out of 2662 companies for ROA %. This places Persistence Gold Group in the top 15% of its industry — outperforming the majority of peers. Historically, Persistence Gold Group's own ROA % has ranged from 5.34 to 10.18 over the past decade. 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 Metals & Mining company?
A good ROA % depends on the Metals & Mining industry context. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Persistence Gold Group and its competitors. Persistence Gold Group's current ROA % is 6.94%, which is near median its own 10-year median of 7.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Persistence Gold Group stock overvalued right now?
Persistence Gold Group (HKSE:02489) has a current ROA % of 6.94%. The current ROA % is 6.94%, which is near median its 10-year median of 7.34. Persistence Gold Group's overall GF Score™ is 48/100 with 4 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 Persistence Gold Group (HKSE:02489), the current ROA % is 6.94% as of Mar. 2026. 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.
Persistence Gold Group Ltd is engaged in gold mining and related processing activities in China. Through its subsidiaries, the company operates the Songjiagou open-pit and underground gold mines in Shandong Province and focuses on the extraction, processing, and expansion of gold mining operations.
48GF Score
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