STAR CM Holdings (HKSE:06698) ROA %: -7.79% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:06698 STAR CM Holdings Ltd HKSE:06698
70 GF Score
Price HK$0.81
GF Value HK$1.81
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is STAR CM Holdings ROA %?

STAR CM Holdings HKSE:06698 -4.14% 70 ROA % is -7.79% as of Dec. 2025. GuruFocus rates HKSE:06698 with a GF Score™ of 70/100 and a GF Value™ of HK$1.81 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,029 Media - Diversified companies, STAR CM Holdings ranks worse than 72.89% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. STAR CM Holdings's annualized Net Income for the quarter that ended in Dec. 2025 was HK$-236.7 Mil. STAR CM Holdings's average Total Assets over the quarter that ended in Dec. 2025 was HK$3,040.6 Mil. Therefore, STAR CM Holdings's annualized ROA % for the quarter that ended in Dec. 2025 was -7.79%.

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

HKSE:06698' s ROA % Range Over the Past 10 Years
Min: -38.58   Med: -4.29   Max: 6.12
Current: -5.4

During the past 7 years, STAR CM Holdings's highest ROA % was 6.12%. The lowest was -38.58%. And the median was -4.29%.

HKSE:06698's ROA % is ranked worse than
72.89% of 1029 companies
in the Media - Diversified industry
Industry Median: 0.77 vs HKSE:06698: -5.40

STAR CM Holdings  (HKSE:06698) 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: Dec. 2025 )
=Net Income/Total Assets
=-236.744/3040.551
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-236.744 / 241.362)*(241.362 / 3040.551)
=Net Margin %*Asset Turnover
=-98.09 %*0.0794
=-7.79 %

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.


STAR CM Holdings ROA % Related Terms


STAR CM Holdings ROA % Historical Data

* Premium members only.

The historical data trend for STAR CM Holdings'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.

STAR CM Holdings ROA % Chart

STAR CM Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial -7.27 1.74 -38.58 -7.51 -4.29

STAR CM Holdings Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.58 -11.70 -0.78 -7.79 -3.08

HKSE:06698 vs NFLX, DIS, WBD: ROA % Comparison

For the Entertainment subindustry, STAR CM Holdings'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.


STAR CM Holdings ROA % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, STAR CM Holdings's ROA % distribution charts can be found below:

* The bar in red indicates where STAR CM Holdings's ROA % falls into.


HKSE:06698
70GF Score
STAR CM Holdings Ltd HKSE:06698
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

STAR CM Holdings ROA % Calculation

STAR CM Holdings's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=-130.527/( (3095.028+2984.897)/ 2 )
=-130.527/3039.9625
=-4.29 %

STAR CM Holdings's annualized ROA % for the quarter that ended in Dec. 2025 is calculated as:

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=-236.744/( (3096.205+2984.897)/ 2 )
=-236.744/3040.551
=-7.79 %

* 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.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -7.79% mean?
STAR CM Holdings (HKSE:06698) has a ROA % of -7.79% 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 STAR CM Holdings and its competitors. According to the industry distribution chart, STAR CM Holdings ranks #750 out of 1029 companies in the Media - Diversified industry, placing it in the top 72.9%.
Is STAR CM Holdings' ROA % too high?
STAR CM Holdings' current ROA % is -7.79%. Based on the distribution chart, STAR CM Holdings ranks #750 out of 1029 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, STAR CM Holdings has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does STAR CM Holdings' ROA % compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, STAR CM Holdings ranks #750 out of 1029 companies for ROA %. This places STAR CM Holdings in the lower half of its industry. The industry median ROA % is 0.77. 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 Media - Diversified company?
The median ROA % among Media - Diversified companies is 0.77, based on 1,029 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 STAR CM Holdings and its competitors. For the Media - Diversified industry, the median ROA % is 0.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. STAR CM Holdings's current ROA % is -7.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is STAR CM Holdings stock overvalued right now?
Based on GuruFocus' analysis, STAR CM Holdings (HKSE:06698) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.81, compared to a current price of HK$0.81 — trading 55.2% below its estimated fair value. The current ROA % is -7.79%. STAR CM Holdings' overall GF Score™ is 70/100 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 STAR CM Holdings (HKSE:06698), the current ROA % is -7.79% 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 STAR CM Holdings (HKSE:06698) Overvalued in 2026?

Based on GuruFocus' analysis, STAR CM Holdings stock appears to be undervalued. The current stock price of HK$0.81 is trading 55.2% below its estimated GF Value™ of HK$1.81. GuruFocus considers STAR CM Holdings to be Possible Value Trap.

Key valuation signals for HKSE:06698:

  • ROA %: -7.79%
  • GF Value™: HK$1.81 vs. price of HK$0.81 (55.2% below fair value)
  • GF Score™: 70/100 with 4 warning signs

No single metric tells the full story. See the HKSE:06698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


STAR CM Holdings Business Description

Address No. 158 Longqi Road, 23rd Floor, Canxing Building, Shanghai, CHN
STAR CM Holdings Ltd is an investment holding company. The company's subsidiaries are principally involved in variety program intellectual property (IP) production, operation and licensing, music IP operation and licensing, drama series and film IP operation and licensing and other IP-related business. The company owns a diverse and wide range of popular variety show IPs, including music programs, dance programs, talent shows, talk shows, outdoor/cultural programs, and other variety shows. Geographically, the company derives the majority of revenue from Mainland China, followed by the USA, the United Kingdom, Japan, Hong Kong, Macau, and Other regions.
70GF Score

Get the complete analysis for HKSE:06698

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.81
Price
HK$1.81
GF Value