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Polyfair HoldingsHKSE:08532 -1.54% ROA % is -57.36% as of Mar. 2026. The stock has 4 warning signs investors should review. Among 1,787 Construction companies, Polyfair Holdings ranks worse than 97.48% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Polyfair Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was HK$-82.67 Mil.
Polyfair Holdings's average Total Assets over the quarter that ended in Mar. 2026 was HK$144.12 Mil. Therefore, Polyfair Holdings's annualized ROA % for the quarter that ended in Mar. 2026 was -57.36%.
The historical rank and industry rank for Polyfair Holdings's ROA % or its related term are showing as below:
HKSE:08532'
s ROA % Range Over the Past 10 Years
Min: -45.12 Med: 1.01 Max: 9.27
Current: -29.65
During the past 11 years, Polyfair Holdings's highest ROA % was 9.27%. The lowest was -45.12%. And the median was 1.01%.
HKSE:08532's ROA % is ranked worse than 97.48% of 1787
companies
in the Construction industry
Industry Median: 2.87
vs HKSE:08532: -29.65
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.
Polyfair Holdings ROA % Related Terms
Polyfair Holdings ROA % Historical Data
* Premium members only.
The historical data trend for Polyfair 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.
For the Engineering & Construction subindustry, Polyfair 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.
Polyfair Holdings ROA % vs Construction Industry
For the Construction industry and Industrials sector, Polyfair Holdings's ROA % distribution charts can be found below:
* The bar in red indicates where Polyfair Holdings'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.
Polyfair Holdings (HKSE:08532) has a ROA % of -57.36% 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 Polyfair Holdings and its competitors. According to the industry distribution chart, Polyfair Holdings ranks #1742 out of 1787 companies in the Construction industry, placing it in the top 97.5%.
Is Polyfair Holdings' ROA % too high?
Polyfair Holdings' current ROA % is -57.36%. Based on the distribution chart, Polyfair Holdings ranks #1742 out of 1787 companies in the Construction industry, which is in the bottom quartile relative to peers.
How does Polyfair Holdings' ROA % compare to PWR and FIX?
According to the Construction industry distribution chart, Polyfair Holdings ranks #1742 out of 1787 companies for ROA %. This places Polyfair Holdings in the lower half of its industry. The industry median ROA % is 2.87. 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 Construction company?
The median ROA % among Construction companies is 2.87, based on 1,787 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 Polyfair Holdings and its competitors. For the Construction industry, the median ROA % is 2.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polyfair Holdings's current ROA % is -57.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polyfair Holdings stock overvalued right now?
Based on GuruFocus' analysis, Polyfair Holdings (HKSE:08532) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.09, compared to a current price of HK$0.06 — trading 28.9% below its estimated fair value. The current ROA % is -57.36%. 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 Polyfair Holdings (HKSE:08532), the current ROA % is -57.36% 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.
Polyfair Holdings Ltd is a subcontractor engaged in providing facade and curtain wall works solutions. The Group provides customised facade and curtain wall engineering solutions and generally offers design and build services, including developing designs, conducting structural calculations, preparing shop drawings, sourcing and procuring building materials, arranging logistics and installation works, project management, and post-project completion services. The Group operates as a single operating segment focused on facade and curtain wall works solutions. Its business activities and revenue are derived from customers in Hong Kong, with projects carried out in Hong Kong.
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