ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Xingye Wulian Service Group Co's annualizedNet Income for the quarter that ended in Jun. 2024 was HK$51.9 Mil.
Xingye Wulian Service Group Co's average Total Assets over the quarter that ended in Jun. 2024 was HK$744.6 Mil. Therefore, Xingye Wulian Service Group Co's annualized ROA % for the quarter that ended in Jun. 2024 was 6.96%.
The historical rank and industry rank for Xingye Wulian Service Group Co's ROA % or its related term are showing as below:
HKSE:09916'
s ROA % Range Over the Past 10 Years
Min: 6.17 Med: 15.41 Max: 22.99
Current: 6.54
During the past 9 years, Xingye Wulian Service Group Co's highest ROA % was 22.99%. The lowest was 6.17%. And the median was 15.41%.
HKSE:09916's ROA % is ranked better than 87.23% of 1809
companies
in the Real Estate industry
Industry Median: 1.34
vs HKSE:09916: 6.54
Xingye Wulian Service Group Co ROA % Historical 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.
Competitive Comparison of Xingye Wulian Service Group Co's ROA %
For the Real Estate Services subindustry, Xingye Wulian Service Group Co'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.
Xingye Wulian Service Group Co's ROA % Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Xingye Wulian Service Group Co's ROA % distribution charts can be found below:
* The bar in red indicates where Xingye Wulian Service Group Co'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 (Jun. 2024) net income data.
ROA % is displayed in the 30-year financial page.
Xingye Wulian Service Group Co (HKSE:09916) 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 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 (Jun. 2024) net income data. The Revenue data used here is two times the semi-annual (Jun. 2024) 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.
Xingye Wulian Service Group Co ROA % Related Terms
Thank you for viewing the detailed overview of Xingye Wulian Service Group Co's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.
Xingye Wulian Service Group Co Business Description
Xingye Wulian Service Group Co Ltd is an investment holding company. Its segments are Property Management and Value-added Services which generate the majority of the revenue and is engaged in providing property management services including, security, cleaning, greening and gardening, parking space management, repair and maintenance for common areas and customer services; Property Engineering Services providing property engineering services including the planning, design and installation of security and surveillance systems, access control systems, carpark management systems and construction site management systems; and Others comprising of club house services, including catering and ancillary services and ancillary food supply services.
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