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Excellence Commercial Property & Facilities Management Group (HKSE:06989) ROA % : 6.36% (As of Jun. 2024)


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What is Excellence Commercial Property & Facilities Management Group ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Excellence Commercial Property & Facilities Management Group's annualized Net Income for the quarter that ended in Jun. 2024 was HK$367 Mil. Excellence Commercial Property & Facilities Management Group's average Total Assets over the quarter that ended in Jun. 2024 was HK$5,770 Mil. Therefore, Excellence Commercial Property & Facilities Management Group's annualized ROA % for the quarter that ended in Jun. 2024 was 6.36%.

The historical rank and industry rank for Excellence Commercial Property & Facilities Management Group's ROA % or its related term are showing as below:

HKSE:06989' s ROA % Range Over the Past 10 Years
Min: 5.69   Med: 9.01   Max: 10.93
Current: 5.69

During the past 7 years, Excellence Commercial Property & Facilities Management Group's highest ROA % was 10.93%. The lowest was 5.69%. And the median was 9.01%.

HKSE:06989's ROA % is ranked better than
83.61% of 1818 companies
in the Real Estate industry
Industry Median: 1.12 vs HKSE:06989: 5.69

Excellence Commercial Property & Facilities Management Group ROA % Historical Data

The historical data trend for Excellence Commercial Property & Facilities Management 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.

* Premium members only.

Excellence Commercial Property & Facilities Management Group ROA % Chart

Excellence Commercial Property & Facilities Management Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial 9.01 8.87 10.36 7.63 5.87

Excellence Commercial Property & Facilities Management Group Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 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 11.43 3.40 6.56 5.06 6.36

Competitive Comparison of Excellence Commercial Property & Facilities Management Group's ROA %

For the Real Estate Services subindustry, Excellence Commercial Property & Facilities Management 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.


Excellence Commercial Property & Facilities Management Group's ROA % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Excellence Commercial Property & Facilities Management Group's ROA % distribution charts can be found below:

* The bar in red indicates where Excellence Commercial Property & Facilities Management Group's ROA % falls into.



Excellence Commercial Property & Facilities Management Group ROA % Calculation

Excellence Commercial Property & Facilities Management 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 )
=331.074/( (5597.122+5685.889)/ 2 )
=331.074/5641.5055
=5.87 %

Excellence Commercial Property & Facilities Management 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 )
=367.1/( (5685.889+5853.976)/ 2 )
=367.1/5769.9325
=6.36 %

* 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.


Excellence Commercial Property & Facilities Management Group  (HKSE:06989) 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
=367.1/5769.9325
=(Net Income / Revenue)*(Revenue / Total Assets)
=(367.1 / 4483.756)*(4483.756 / 5769.9325)
=Net Margin %*Asset Turnover
=8.19 %*0.7771
=6.36 %

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.


Excellence Commercial Property & Facilities Management Group ROA % Related Terms

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Excellence Commercial Property & Facilities Management Group Business Description

Traded in Other Exchanges
N/A
Address
Fuhua Third Road, 38Ath Floor, Tower 4, Excellence Century Center, Futian District, Guangdong Province, Shenzhen, CHN, 518000
Excellence Commercial Property & Facilities Management Group Ltd is a commercial property management service provider in China. The company's projects included commercial properties, public and industrial properties, and residential properties. It operates in three segments namely Finance services, Other services, and Property management services that provide basic property management services or system supply and installation services to property developers, property owners, and tenants, and value-added services to such customers, including asset services which includes preliminary property consulting services, property leasing and sales agency services, asset-light property operation services and space operation services and corporate services.
Executives
Xiao Xingping 2202 Interest of your spouse
Li Xiaoping 2101 Beneficial owner
Li Wa 2201 Interest of corporation controlled by you
Oriental Rich Holdings Group Limited 2201 Interest of corporation controlled by you
Urban Hero Investments Limited 2101 Beneficial owner
Ever Rainbow Holdings Limited 2101 Beneficial owner
Autumn Riches Limited 2101 Beneficial owner
Li Yuan 2201 Interest of corporation controlled by you

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