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Apex Ace HoldingHKSE:06036 -3.83%72 ROA % is 6.37% as of Dec. 2025, which is 349% above its 10-year median of 1.42. GuruFocus rates HKSE:06036 with a GF Score™ of 72/100 and a GF Value™ of HK$1.02 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,491 Hardware companies, Apex Ace Holding ranks better than 82.5% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Apex Ace Holding's annualizedNet Income for the quarter that ended in Dec. 2025 was HK$112 Mil.
Apex Ace Holding's average Total Assets over the quarter that ended in Dec. 2025 was HK$1,752 Mil. Therefore, Apex Ace Holding's annualized ROA % for the quarter that ended in Dec. 2025 was 6.37%.
The historical rank and industry rank for Apex Ace Holding's ROA % or its related term are showing as below:
HKSE:06036'
s ROA % Range Over the Past 10 Years
Min: -3.07 Med: 1.42 Max: 8.95
Current: 8.95
During the past 12 years, Apex Ace Holding's highest ROA % was 8.95%. The lowest was -3.07%. And the median was 1.42%.
HKSE:06036's ROA % is ranked better than 82.5% of 2491
companies
in the Hardware industry
Industry Median: 2.77
vs HKSE:06036: 8.95
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.
Apex Ace Holding ROA % Related Terms
Apex Ace Holding ROA % Historical Data
* Premium members only.
The historical data trend for Apex Ace Holding'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 Electronics & Computer Distribution subindustry, Apex Ace Holding'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.
Apex Ace Holding ROA % vs Hardware Industry
For the Hardware industry and Technology sector, Apex Ace Holding's ROA % distribution charts can be found below:
* The bar in red indicates where Apex Ace Holding'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.
Apex Ace Holding (HKSE:06036) has a ROA % of 6.37% 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 Apex Ace Holding and its competitors. This is 349% above median its historical median of 1.42. According to the industry distribution chart, Apex Ace Holding ranks #436 out of 2491 companies in the Hardware industry, placing it in the top 17.5%.
Is Apex Ace Holding's ROA % too high?
Apex Ace Holding's current ROA % of 6.37% is 349% above median its 10-year median of 1.42. The Hardware industry median ROA % is 2.77. Apex Ace Holding's value of 6.37% is 130% above this industry median. Based on the distribution chart, Apex Ace Holding ranks #436 out of 2491 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Apex Ace Holding has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apex Ace Holding's ROA % compare to SNX and ARW?
According to the Hardware industry distribution chart, Apex Ace Holding ranks #436 out of 2491 companies for ROA %. This places Apex Ace Holding in the top 18% of its industry — outperforming the majority of peers. The industry median ROA % is 2.77. Apex Ace Holding's value of 6.37% is 130% above this benchmark. While the company's 10-year median is 1.42 vs. the industry median of 2.77, Apex Ace Holding 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 Hardware company?
The median ROA % among Hardware companies is 2.77, based on 2,491 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. Apex Ace Holding's current ROA % of 6.37% is 130% 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 Apex Ace Holding and its competitors. For the Hardware industry, the median ROA % is 2.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apex Ace Holding's current ROA % is 6.37%, which is 349% above median its own 10-year median of 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Ace Holding stock overvalued right now?
Based on GuruFocus' analysis, Apex Ace Holding (HKSE:06036) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$1.02, compared to a current price of HK$1.13 — trading 10.8% above its estimated fair value. The current ROA % is 6.37%, which is 349% above median its 10-year median of 1.42 and 130% above the Hardware industry median of 2.77. Apex Ace Holding's overall GF Score™ is 72/100 with 3 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 Apex Ace Holding (HKSE:06036), the current ROA % is 6.37% 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 Apex Ace Holding (HKSE:06036) Overvalued in 2026?
Based on GuruFocus' analysis, Apex Ace Holding stock appears to be overvalued.
The current stock price of HK$1.13 is trading 10.8% above its estimated GF Value™ of HK$1.02.
GuruFocus considers Apex Ace Holding to be Modestly Overvalued.
Key valuation signals for HKSE:06036:
ROA %: 6.37% (349% above median its 10-year median of 1.42)
GF Value™: HK$1.02 vs. price of HK$1.13 (10.8% above fair value)
Industry Position: 130% above the Hardware median (#436 of 2491)
No single metric tells the full story. See the HKSE:06036 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Apex Ace Holding Ltd is a distributor of semiconductors and other electronic components and is engaged in the supply of digital storage products and general electronic components along with the provision of complementary technical support. Its segments include: Digital Storage products include DRAM, FLASH and MCP memory products, which are applied to multimedia and mobile devices such as set-top boxes, smart TVs, wearable devices, and mobile phones; and General components include switches, connectors, passive components, main chips, sensors, power semiconductors, and analog-to-digital converters. The company generates the majority of its revenue from the Digital Storage Products segment. Geographically, the company generates the majority of its revenue from the PRC.
72GF Score
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