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PT Superior Prima Sukses Tbk (ISX:BLES) ROA % : 11.54% (As of Dec. 2023)


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What is PT Superior Prima Sukses Tbk ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. PT Superior Prima Sukses Tbk's annualized Net Income for the quarter that ended in Dec. 2023 was Rp147,360 Mil. PT Superior Prima Sukses Tbk's average Total Assets over the quarter that ended in Dec. 2023 was Rp1,276,421 Mil. Therefore, PT Superior Prima Sukses Tbk's annualized ROA % for the quarter that ended in Dec. 2023 was 11.54%.

The historical rank and industry rank for PT Superior Prima Sukses Tbk's ROA % or its related term are showing as below:

ISX:BLES' s ROA % Range Over the Past 10 Years
Min: 6.67   Med: 8.3   Max: 11.54
Current: 11.54

During the past 3 years, PT Superior Prima Sukses Tbk's highest ROA % was 11.54%. The lowest was 6.67%. And the median was 8.30%.

ISX:BLES's ROA % is ranked better than
91.89% of 407 companies
in the Building Materials industry
Industry Median: 2.8 vs ISX:BLES: 11.54

PT Superior Prima Sukses Tbk ROA % Historical Data

The historical data trend for PT Superior Prima Sukses Tbk'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.

PT Superior Prima Sukses Tbk ROA % Chart

PT Superior Prima Sukses Tbk Annual Data
Trend Dec21 Dec22 Dec23
ROA %
8.30 6.67 11.54

PT Superior Prima Sukses Tbk Semi-Annual Data
Dec21 Dec22 Dec23
ROA % 8.30 6.67 11.54

Competitive Comparison of PT Superior Prima Sukses Tbk's ROA %

For the Building Materials subindustry, PT Superior Prima Sukses Tbk'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.


PT Superior Prima Sukses Tbk's ROA % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, PT Superior Prima Sukses Tbk's ROA % distribution charts can be found below:

* The bar in red indicates where PT Superior Prima Sukses Tbk's ROA % falls into.



PT Superior Prima Sukses Tbk ROA % Calculation

PT Superior Prima Sukses Tbk's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=147360.26/( (1024105.628+1528735.512)/ 2 )
=147360.26/1276420.57
=11.54 %

PT Superior Prima Sukses Tbk's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Dec. 2023 ))/ count )
=147360.26/( (1024105.628+1528735.512)/ 2 )
=147360.26/1276420.57
=11.54 %

* 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 (Dec. 2023) net income data. ROA % is displayed in the 30-year financial page.


PT Superior Prima Sukses Tbk  (ISX:BLES) 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. 2023 )
=Net Income/Total Assets
=147360.26/1276420.57
=(Net Income / Revenue)*(Revenue / Total Assets)
=(147360.26 / 1363133.591)*(1363133.591 / 1276420.57)
=Net Margin %*Asset Turnover
=10.81 %*1.0679
=11.54 %

Note: The Net Income data used here is one times the annual (Dec. 2023) net income data. The Revenue data used here is one times the annual (Dec. 2023) 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.


PT Superior Prima Sukses Tbk ROA % Related Terms

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PT Superior Prima Sukses Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Raya Kupang Baru No 27, Dukuh Kupang, Dukuh Pakis, East Java, Surabaya, IDN, 60225
PT Superior Prima Sukses Tbk is engaged in the lightweight brick manufacturing industry with the brands BLESSCON and SUPERIORE BLOCK. PT Superior Prima Sukses Tbk.

PT Superior Prima Sukses Tbk Headlines

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