Asia-express Logistics Holdings (HKSE:08620) ROA %: -2.63% (As of Mar. 2026)

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.

HKSE:08620 Asia-express Logistics Holdings Ltd HKSE:08620
45 GF Score
Price HK$0.15
GF Value HK$0.10
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Asia-express Logistics Holdings ROA %?

Asia-express Logistics Holdings HKSE:08620 45 ROA % is -2.63% as of Mar. 2026. GuruFocus rates HKSE:08620 with a GF Score™ of 45/100 and a GF Value™ of HK$0.10 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,009 Transportation companies, Asia-express Logistics Holdings ranks worse than 83.45% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Asia-express Logistics Holdings's annualized Net Income for the quarter that ended in Mar. 2026 was HK$-3.5 Mil. Asia-express Logistics Holdings's average Total Assets over the quarter that ended in Mar. 2026 was HK$132.3 Mil. Therefore, Asia-express Logistics Holdings's annualized ROA % for the quarter that ended in Mar. 2026 was -2.63%.

The historical rank and industry rank for Asia-express Logistics Holdings's ROA % or its related term are showing as below:

HKSE:08620' s ROA % Range Over the Past 10 Years
Min: -12.7   Med: -2.48   Max: 5.46
Current: -0.91

During the past 10 years, Asia-express Logistics Holdings's highest ROA % was 5.46%. The lowest was -12.70%. And the median was -2.48%.

HKSE:08620's ROA % is ranked worse than
83.45% of 1009 companies
in the Transportation industry
Industry Median: 3.36 vs HKSE:08620: -0.91

Asia-express Logistics Holdings  (HKSE:08620) 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: Mar. 2026 )
=Net Income/Total Assets
=-3.474/132.2525
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3.474 / 327.462)*(327.462 / 132.2525)
=Net Margin %*Asset Turnover
=-1.06 %*2.476
=-2.63 %

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.


Asia-express Logistics Holdings ROA % Related Terms


Asia-express Logistics Holdings ROA % Historical Data

* Premium members only.

The historical data trend for Asia-express Logistics 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.

Asia-express Logistics Holdings ROA % Chart

Asia-express Logistics Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.87 -12.70 -3.55 -3.32 -0.87

Asia-express Logistics Holdings Semi-Annual Data
Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 -11.32 2.01 -8.70 1.18 -2.63

Asia-express Logistics Holdings ROA % Competitor Comparison

For the Airports & Air Services subindustry, Asia-express Logistics 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.


Asia-express Logistics Holdings ROA % vs Transportation Industry

For the Transportation industry and Industrials sector, Asia-express Logistics Holdings's ROA % distribution charts can be found below:

* The bar in red indicates where Asia-express Logistics Holdings's ROA % falls into.


HKSE:08620
45GF Score
Asia-express Logistics Holdings Ltd HKSE:08620
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asia-express Logistics Holdings ROA % Calculation

Asia-express Logistics Holdings's annualized ROA % for the fiscal year that ended in Mar. 2026 is calculated as:

ROA %=Net Income (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=-1.11/( (101.509+153.047)/ 2 )
=-1.11/127.278
=-0.87 %

Asia-express Logistics Holdings's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=-3.474/( (111.458+153.047)/ 2 )
=-3.474/132.2525
=-2.63 %

* 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.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -2.63% mean?
Asia-express Logistics Holdings (HKSE:08620) has a ROA % of -2.63% 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 Asia-express Logistics Holdings and its competitors. According to the industry distribution chart, Asia-express Logistics Holdings ranks #842 out of 1009 companies in the Transportation industry, placing it in the top 83.4%.
Is Asia-express Logistics Holdings' ROA % too high?
Asia-express Logistics Holdings' current ROA % is -2.63%. Based on the distribution chart, Asia-express Logistics Holdings ranks #842 out of 1009 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Asia-express Logistics Holdings has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asia-express Logistics Holdings' ROA % compare to competitors?
According to the Transportation industry distribution chart, Asia-express Logistics Holdings ranks #842 out of 1009 companies for ROA %. This places Asia-express Logistics Holdings in the lower half of its industry. The industry median ROA % is 3.36. 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 Transportation company?
The median ROA % among Transportation companies is 3.36, based on 1,009 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 Asia-express Logistics Holdings and its competitors. For the Transportation industry, the median ROA % is 3.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia-express Logistics Holdings's current ROA % is -2.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia-express Logistics Holdings stock overvalued right now?
Based on GuruFocus' analysis, Asia-express Logistics Holdings (HKSE:08620) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.10, compared to a current price of HK$0.15 — trading 48% above its estimated fair value. The current ROA % is -2.63%. Asia-express Logistics Holdings' overall GF Score™ is 45/100 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 Asia-express Logistics Holdings (HKSE:08620), the current ROA % is -2.63% 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 Asia-express Logistics Holdings (HKSE:08620) Overvalued in 2026?

Based on GuruFocus' analysis, Asia-express Logistics Holdings stock appears to be overvalued. The current stock price of HK$0.15 is trading 48% above its estimated GF Value™ of HK$0.10. GuruFocus considers Asia-express Logistics Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:08620:

  • ROA %: -2.63%
  • GF Value™: HK$0.10 vs. price of HK$0.15 (48% above fair value)
  • GF Score™: 45/100 with 3 warning signs

No single metric tells the full story. See the HKSE:08620 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asia-express Logistics Holdings Business Description

Address 38-42 Kwai Fung Crescent, 3rd Floor, Magnet Place Tower 2, Kwai Chung, New Territories, Hong Kong, HKG
Asia-express Logistics Holdings Ltd is an air cargo ground handling services provider in Hong Kong. The company's air cargo ground handling services cover Air cargo terminal operation; Transportation; Warehousing and other value-added services. It provides services to express carriers; air cargo terminal operators, freight forwarders, and corporates domestically and regionally. The group's operations are mainly located in Hong Kong and the PRC, of which key revenue is generated from Air cargo terminal operation services in Hong Kong.
45GF Score

Get the complete analysis for HKSE:08620

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

HK$0.15
Price
HK$0.10
GF Value