THAC Group (Holdings) (HKSE:08232) ROA %: -27.86% (As of Dec. 2025)

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HKSE:08232 THAC Group (Holdings) Ltd HKSE:08232
25 GF Score
Price HK$0.80
GF Value HK$0.25
Valuation Significantly Overvalued
! 7 Warning Signs
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What is THAC Group (Holdings) ROA %?

THAC Group (Holdings) HKSE:08232 -6.43% 25 ROA % is -27.86% as of Dec. 2025. GuruFocus rates HKSE:08232 with a GF Score™ of 25/100 and a GF Value™ of HK$0.25 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 366 Restaurants companies, THAC Group (Holdings) ranks worse than 93.72% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. THAC Group (Holdings)'s annualized Net Income for the quarter that ended in Dec. 2025 was HK$-10.65 Mil. THAC Group (Holdings)'s average Total Assets over the quarter that ended in Dec. 2025 was HK$38.24 Mil. Therefore, THAC Group (Holdings)'s annualized ROA % for the quarter that ended in Dec. 2025 was -27.86%.

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

HKSE:08232' s ROA % Range Over the Past 10 Years
Min: -41   Med: -20.54   Max: 3.33
Current: -24.01

During the past 11 years, THAC Group (Holdings)'s highest ROA % was 3.33%. The lowest was -41.00%. And the median was -20.54%.

HKSE:08232's ROA % is ranked worse than
93.72% of 366 companies
in the Restaurants industry
Industry Median: 2.15 vs HKSE:08232: -24.01

THAC Group (Holdings)  (HKSE:08232) 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
=-10.654/38.2425
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-10.654 / 37.456)*(37.456 / 38.2425)
=Net Margin %*Asset Turnover
=-28.44 %*0.9794
=-27.86 %

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.


THAC Group (Holdings) ROA % Related Terms


THAC Group (Holdings) ROA % Historical Data

* Premium members only.

The historical data trend for THAC Group (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.

THAC Group (Holdings) ROA % Chart

THAC Group (Holdings) Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.83 -19.64 -34.97 -41.00 -26.27

THAC Group (Holdings) 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 -73.06 -18.44 -37.70 -22.27 -27.86

HKSE:08232 vs MCD, SBUX, YUM: ROA % Comparison

For the Restaurants subindustry, THAC Group (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.


THAC Group (Holdings) ROA % vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, THAC Group (Holdings)'s ROA % distribution charts can be found below:

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


HKSE:08232
25GF Score
THAC Group (Holdings) Ltd HKSE:08232
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

THAC Group (Holdings) ROA % Calculation

THAC Group (Holdings)'s annualized ROA % for the fiscal year that ended in Dec. 2024 is calculated as:

ROA %=Net Income (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=-8.31/( (35.934+27.342)/ 2 )
=-8.31/31.638
=-26.27 %

THAC Group (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 )
=-10.654/( (26.238+50.247)/ 2 )
=-10.654/38.2425
=-27.86 %

* 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 -27.86% mean?
THAC Group (Holdings) (HKSE:08232) has a ROA % of -27.86% 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 THAC Group (Holdings) and its competitors. According to the industry distribution chart, THAC Group (Holdings) ranks #343 out of 366 companies in the Restaurants industry, placing it in the top 93.7%.
Is THAC Group (Holdings)'s ROA % too high?
THAC Group (Holdings)'s current ROA % is -27.86%. Based on the distribution chart, THAC Group (Holdings) ranks #343 out of 366 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, THAC Group (Holdings) has a GF Score™ of 25/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does THAC Group (Holdings)'s ROA % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, THAC Group (Holdings) ranks #343 out of 366 companies for ROA %. This places THAC Group (Holdings) in the lower half of its industry. The industry median ROA % is 2.15. 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 Restaurants company?
The median ROA % among Restaurants companies is 2.15, based on 366 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 THAC Group (Holdings) and its competitors. For the Restaurants industry, the median ROA % is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. THAC Group (Holdings)'s current ROA % is -27.86%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is THAC Group (Holdings) stock overvalued right now?
Based on GuruFocus' analysis, THAC Group (Holdings) (HKSE:08232) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.25, compared to a current price of HK$0.80 — trading 220% above its estimated fair value. The current ROA % is -27.86%. THAC Group (Holdings)'s overall GF Score™ is 25/100 with 7 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 THAC Group (Holdings) (HKSE:08232), the current ROA % is -27.86% 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 THAC Group (Holdings) (HKSE:08232) Overvalued in 2026?

Based on GuruFocus' analysis, THAC Group (Holdings) stock appears to be overvalued. The current stock price of HK$0.80 is trading 220% above its estimated GF Value™ of HK$0.25. GuruFocus considers THAC Group (Holdings) to be Significantly Overvalued.

Key valuation signals for HKSE:08232:

  • ROA %: -27.86%
  • GF Value™: HK$0.25 vs. price of HK$0.80 (220% above fair value)
  • GF Score™: 25/100 with 7 warning signs

No single metric tells the full story. See the HKSE:08232 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


THAC Group (Holdings) Business Description

Address 30 Wong Chuk Hang Road, 2nd Floor, Cheung Tak Industrial Building, Wong Chuk Hang, Hong Kong, HKG
THAC Group (Holdings) Ltd, formerly known as Classified Group (Holdings) Ltd is a food and beverage company. It is engaged in the Casual restaurant operations segment in which customers would place orders at the front desk and basic table service is provided by the delivery of ordered food to the table. The casual restaurants plans to provide a more casual and relaxing atmosphere. All the group's operations are located in Hong Kong.
25GF Score

Get the complete analysis for HKSE:08232

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

HK$0.80
Price
HK$0.25
GF Value