M&L Holdings Group (HKSE:08152) ROA %: 14.99% (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.

What is M&L Holdings Group ROA %?

M&L Holdings Group HKSE:08152 +18.06% ROA % is 14.99% as of Dec. 2025. The stock has 9 warning signs investors should review. Among 159 Industrial Distribution companies, M&L Holdings Group ranks better than 66.67% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. M&L Holdings Group's annualized Net Income for the quarter that ended in Dec. 2025 was HK$25.01 Mil. M&L Holdings Group's average Total Assets over the quarter that ended in Dec. 2025 was HK$166.82 Mil. Therefore, M&L Holdings Group's annualized ROA % for the quarter that ended in Dec. 2025 was 14.99%.

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

HKSE:08152' s ROA % Range Over the Past 10 Years
Min: -7.35   Med: -2.57   Max: 10.52
Current: 5.63

During the past 11 years, M&L Holdings Group's highest ROA % was 10.52%. The lowest was -7.35%. And the median was -2.57%.

HKSE:08152's ROA % is ranked better than
66.67% of 159 companies
in the Industrial Distribution industry
Industry Median: 3.72 vs HKSE:08152: 5.63

M&L Holdings Group  (HKSE:08152) 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
=25.01/166.8155
=(Net Income / Revenue)*(Revenue / Total Assets)
=(25.01 / 125.768)*(125.768 / 166.8155)
=Net Margin %*Asset Turnover
=19.89 %*0.7539
=14.99 %

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.


M&L Holdings Group ROA % Related Terms


M&L Holdings Group ROA % Historical Data

* Premium members only.

The historical data trend for M&L 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.

M&L Holdings Group ROA % Chart

M&L Holdings Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.49 -4.29 3.67 -7.35 5.54

M&L Holdings Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.23 -8.86 -6.24 -3.73 14.99

HKSE:08152 vs GWW, FAST, FERG: ROA % Comparison

For the Industrial Distribution subindustry, M&L 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.


M&L Holdings Group ROA % vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, M&L Holdings Group's ROA % distribution charts can be found below:

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



M&L Holdings Group ROA % Calculation

M&L Holdings Group'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 )
=9.426/( (168.418+172.15)/ 2 )
=9.426/170.284
=5.54 %

M&L Holdings Group'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 )
=25.01/( (161.481+172.15)/ 2 )
=25.01/166.8155
=14.99 %

* 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 14.99% mean?
M&L Holdings Group (HKSE:08152) has a ROA % of 14.99% 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 M&L Holdings Group and its competitors. According to the industry distribution chart, M&L Holdings Group ranks #53 out of 159 companies in the Industrial Distribution industry, placing it in the top 33.3%.
Is M&L Holdings Group's ROA % too high?
M&L Holdings Group's current ROA % is 14.99%. The Industrial Distribution industry median ROA % is 3.72. M&L Holdings Group's value of 14.99% is 303% above this industry median. Based on the distribution chart, M&L Holdings Group ranks #53 out of 159 companies in the Industrial Distribution industry, which is above the industry midpoint.
How does M&L Holdings Group's ROA % compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, M&L Holdings Group ranks #53 out of 159 companies for ROA %. This puts M&L Holdings Group in the upper half of its industry. The industry median ROA % is 3.72. M&L Holdings Group's value of 14.99% is 303% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for an Industrial Distribution company?
The median ROA % among Industrial Distribution companies is 3.72, based on 159 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. M&L Holdings Group's current ROA % of 14.99% is 303% 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 M&L Holdings Group and its competitors. For the Industrial Distribution industry, the median ROA % is 3.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M&L Holdings Group's current ROA % is 14.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M&L Holdings Group stock overvalued right now?
Based on GuruFocus' analysis, M&L Holdings Group (HKSE:08152) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.05, compared to a current price of HK$0.09 — trading 70% above its estimated fair value. The current ROA % is 14.99% and 303% above the Industrial Distribution industry median of 3.72. 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 M&L Holdings Group (HKSE:08152), the current ROA % is 14.99% 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.

M&L Holdings Group Business Description

Address 17-19 Chatham Road South, 21st Floor, Empress Plaza, Tsimshatsui, Kowloon, Hong Kong, HKG
M&L Holdings Group Ltd is an investment holding. The principal activities of the group are trading and lease of construction machinery and spare parts. It is segmented into Tunnelling and Foundation. The company generates maximum revenue from the Tunnelling segment. Its Tunnelling segment is engaged in the supply of specialised cutting tools and parts for construction equipment. The Foundation segment is engaged in the supply of fabricated construction steel works and equipment. Geographically, the organization has a business presence in Hong Kong, PRC, North America, Vietnam, Australia, other Asia-Pacific countries, and other countries, of which key revenue is generated from Australia.