GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Vinafco Joint Stock Corp (HSTC:VFC) » Definitions » ROA %

Vinafco Joint Stock (HSTC:VFC) ROA % : 0.00% (As of . 20)


View and export this data going back to 2013. Start your Free Trial

What is Vinafco Joint Stock ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Vinafco Joint Stock's annualized Net Income for the quarter that ended in . 20 was ₫ Mil. Vinafco Joint Stock's average Total Assets over the quarter that ended in . 20 was ₫ 0 Mil. Therefore, Vinafco Joint Stock's annualized ROA % for the quarter that ended in . 20 was Not Available.

The historical rank and industry rank for Vinafco Joint Stock's ROA % or its related term are showing as below:

HSTC:VFC's ROA % is not ranked *
in the Transportation industry.
Industry Median: 3.87
* Ranked among companies with meaningful ROA % only.

Vinafco Joint Stock ROA % Historical Data

The historical data trend for Vinafco Joint Stock'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.

* Premium members only.

Vinafco Joint Stock ROA % Chart

Vinafco Joint Stock Annual Data
Trend
ROA %

Vinafco Joint Stock Semi-Annual Data
ROA %

Competitive Comparison of Vinafco Joint Stock's ROA %

For the Integrated Freight & Logistics subindustry, Vinafco Joint Stock'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.


Vinafco Joint Stock's ROA % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Vinafco Joint Stock's ROA % distribution charts can be found below:

* The bar in red indicates where Vinafco Joint Stock's ROA % falls into.



Vinafco Joint Stock ROA % Calculation

Vinafco Joint Stock's annualized ROA % for the fiscal year that ended in . 20 is calculated as:

ROA %=Net Income (A: . 20 )/( (Total Assets (A: . 20 )+Total Assets (A: . 20 ))/ count )
=/( (+)/ )
=/
= %

Vinafco Joint Stock's annualized ROA % for the quarter that ended in . 20 is calculated as:

ROA %=Net Income (Q: . 20 )/( (Total Assets (Q: . 20 )+Total Assets (Q: . 20 ))/ count )
=/( (+)/ )
=/
= %

* 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 one times the annual (. 20) net income data. ROA % is displayed in the 30-year financial page.


Vinafco Joint Stock  (HSTC:VFC) 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:

Note: The Net Income data used here is one times the annual (. 20) net income data. The Revenue data used here is one times the annual (. 20) 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.


Vinafco Joint Stock ROA % Related Terms

Thank you for viewing the detailed overview of Vinafco Joint Stock's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Vinafco Joint Stock Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Tu Thoat Village, Ngu Hiep Ward, Thanh Tri District, Ha Noi City, VNM
Vinafco Joint Stock Corporation is engaged in providing domestic and international multimodal transport services. It offers Warehousing and storage of goods, value added services, transportation; shipping, freight forwarding, logistics solutions consultant and finance logistics service.

Vinafco Joint Stock Headlines