Sanxun Holdings Group (HKSE:06611) ROA %: -0.98% (As of Jun. 2024)

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What is Sanxun Holdings Group ROA %?

Sanxun Holdings Group HKSE:06611 ROA % is -0.98% as of Jun. 2024.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Sanxun Holdings Group's annualized Net Income for the quarter that ended in Jun. 2024 was HK$-115 Mil. Sanxun Holdings Group's average Total Assets over the quarter that ended in Jun. 2024 was HK$11,689 Mil. Therefore, Sanxun Holdings Group's annualized ROA % for the quarter that ended in Jun. 2024 was -0.98%.

The historical rank and industry rank for Sanxun Holdings Group's ROA % or its related term are showing as below:

HKSE:06611's ROA % is not ranked *
in the Real Estate industry.
Industry Median: 1.765
* Ranked among companies with meaningful ROA % only.

Sanxun Holdings Group  (HKSE:06611) 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 bank’s 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:

ROA %(Q: Jun. 2024 )
=Net Income/Total Assets
=-114.82728400312/11689.024877397
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-114.82728400312 / 1989.4163418743)*(1989.4163418743 / 11689.024877397)
=Net Margin %*Asset Turnover
=-5.77 %*0.1702
=-0.98 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2024) net income data. The Revenue data used here is two times the semi-annual (Jun. 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.


Sanxun Holdings Group ROA % Related Terms


Sanxun Holdings Group ROA % Historical Data

* Premium members only.

The historical data trend for Sanxun Holdings 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.

Sanxun Holdings Group ROA % Chart

Sanxun Holdings Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial 4.26 2.40 0.05 -0.66 -3.30

Sanxun Holdings Group Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.40 -0.92 -3.52 -3.32 -0.98

Sanxun Holdings Group ROA % Competitor Comparison

For the Real Estate - Development subindustry, Sanxun Holdings 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.


Sanxun Holdings Group ROA % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Sanxun Holdings Group's ROA % distribution charts can be found below:

* The bar in red indicates where Sanxun Holdings Group's ROA % falls into.



Sanxun Holdings Group ROA % Calculation

Sanxun Holdings Group's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=-465.88373060176/( (15918.826336335+12285.414932821)/ 2 )
=-465.88373060176/14102.120634578
=-3.30 %

Sanxun Holdings Group's annualized ROA % for the quarter that ended in Jun. 2024 is calculated as:

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=-114.82728400312/( (12285.414932821+11092.634821973)/ 2 )
=-114.82728400312/11689.024877397
=-0.98 %

* 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 (Jun. 2024) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -0.98% mean?
Sanxun Holdings Group (HKSE:06611) has a ROA % of -0.98% as of Jun. 2024. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Sanxun Holdings Group and its competitors.
Is Sanxun Holdings Group's ROA % too high?
Sanxun Holdings Group's current ROA % is -0.98%.
How does Sanxun Holdings Group's ROA % compare to competitors?
Sanxun Holdings Group's ROA % of -0.98% can be compared against companies in the Real Estate industry. The industry median ROA % is 1.77. 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 Real Estate company?
The median ROA % among Real Estate companies is 1.77, based on 1,802 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. 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 Sanxun Holdings Group and its competitors. For the Real Estate industry, the median ROA % is 1.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanxun Holdings Group's current ROA % is -0.98%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanxun Holdings Group stock overvalued right now?
Sanxun Holdings Group (HKSE:06611) has a current ROA % of -0.98%. The current ROA % is -0.98%. 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 Sanxun Holdings Group (HKSE:06611), the current ROA % is -0.98% as of Jun. 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.

Sanxun Holdings Group Business Description

Address Yanzihe Road and Innovation Avenue, Room 1702, Building A, High tech Zone, Auhui Province, Hefei, CHN
Sanxun Holdings Group Ltd real estate developer. It focuses on the development and sales of residential properties. The company has a portfolio of 46 projects some of which are Suzhou-Lingbi Qingfeng, Suzhou-National Construction Elegance, Wuxi-Xishan Qingfeng, Wuxi-Pickup Printing, Nanjing Ruyi County, and Nanjing-Heyue Lanting.