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TradeGo FinTechHKSE:08017 70 ROA % is 12.10% as of Mar. 2026, which is 17% below its 10-year median of 14.66. GuruFocus rates HKSE:08017 with a GF Score™ of 70/100 and a GF Value™ of HK$0.80 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,893 Software companies, TradeGo FinTech ranks better than 93.23% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. TradeGo FinTech's annualizedNet Income for the quarter that ended in Mar. 2026 was HK$51.7 Mil.
TradeGo FinTech's average Total Assets over the quarter that ended in Mar. 2026 was HK$427.8 Mil. Therefore, TradeGo FinTech's annualized ROA % for the quarter that ended in Mar. 2026 was 12.10%.
The historical rank and industry rank for TradeGo FinTech's ROA % or its related term are showing as below:
HKSE:08017'
s ROA % Range Over the Past 10 Years
Min: -34.41 Med: 14.66 Max: 33.52
Current: 16.57
During the past 11 years, TradeGo FinTech's highest ROA % was 33.52%. The lowest was -34.41%. And the median was 14.66%.
HKSE:08017's ROA % is ranked better than 93.23% of 2893
companies
in the Software industry
Industry Median: 1.69
vs HKSE:08017: 16.57
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 (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.
TradeGo FinTech ROA % Related Terms
TradeGo FinTech ROA % Historical Data
* Premium members only.
The historical data trend for TradeGo FinTech'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 Software - Infrastructure subindustry, TradeGo FinTech'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.
TradeGo FinTech ROA % vs Software Industry
For the Software industry and Technology sector, TradeGo FinTech's ROA % distribution charts can be found below:
* The bar in red indicates where TradeGo FinTech'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 (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
TradeGo FinTech (HKSE:08017) has a ROA % of 12.10% 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 TradeGo FinTech and its competitors. This is 17% below median its historical median of 14.66. According to the industry distribution chart, TradeGo FinTech ranks #196 out of 2893 companies in the Software industry, placing it in the top 6.8%.
Is TradeGo FinTech's ROA % too high?
TradeGo FinTech's current ROA % of 12.10% is 17% below median its 10-year median of 14.66. The Software industry median ROA % is 1.69. TradeGo FinTech's value of 12.10% is 616% above this industry median. Based on the distribution chart, TradeGo FinTech ranks #196 out of 2893 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, TradeGo FinTech has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TradeGo FinTech's ROA % compare to MSFT and ORCL?
According to the Software industry distribution chart, TradeGo FinTech ranks #196 out of 2893 companies for ROA %. This places TradeGo FinTech in the top 7% of its industry — outperforming the majority of peers. The industry median ROA % is 1.69. TradeGo FinTech's value of 12.10% is 616% above this benchmark. While the company's 10-year median is 14.66 vs. the industry median of 1.69, TradeGo FinTech 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 Software company?
The median ROA % among Software companies is 1.69, based on 2,893 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. TradeGo FinTech's current ROA % of 12.10% is 616% 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 TradeGo FinTech and its competitors. For the Software industry, the median ROA % is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TradeGo FinTech's current ROA % is 12.10%, which is 17% below median its own 10-year median of 14.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TradeGo FinTech stock overvalued right now?
Based on GuruFocus' analysis, TradeGo FinTech (HKSE:08017) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.80, compared to a current price of HK$1.35 — trading 68.8% above its estimated fair value. The current ROA % is 12.10%, which is 17% below median its 10-year median of 14.66 and 616% above the Software industry median of 1.69. TradeGo FinTech's overall GF Score™ is 70/100 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 TradeGo FinTech (HKSE:08017), the current ROA % is 12.10% 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.
Is TradeGo FinTech (HKSE:08017) Overvalued in 2026?
Based on GuruFocus' analysis, TradeGo FinTech stock appears to be overvalued.
The current stock price of HK$1.35 is trading 68.8% above its estimated GF Value™ of HK$0.80.
GuruFocus considers TradeGo FinTech to be Significantly Overvalued.
Key valuation signals for HKSE:08017:
ROA %: 12.10% (17% below median its 10-year median of 14.66)
GF Value™: HK$0.80 vs. price of HK$1.35 (68.8% above fair value)
Industry Position: 616% above the Software median (#196 of 2893)
No single metric tells the full story. See the HKSE:08017 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TradeGo FinTech Ltd is a securities trading platform service provider serving mainly Hong Kong Brokerage Firms and their clients. The services offered by the company can be classified into front-office trading system services, market data services, financial services, SaaS services, and other value-added services. The company derives maximum revenue from Hong Kong.
70GF Score
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