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PT Soho Global Health Tbk (ISX:SOHO) ROA % : 8.78% (As of Sep. 2024)


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What is PT Soho Global Health Tbk ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. PT Soho Global Health Tbk's annualized Net Income for the quarter that ended in Sep. 2024 was Rp463,432 Mil. PT Soho Global Health Tbk's average Total Assets over the quarter that ended in Sep. 2024 was Rp5,276,807 Mil. Therefore, PT Soho Global Health Tbk's annualized ROA % for the quarter that ended in Sep. 2024 was 8.78%.

The historical rank and industry rank for PT Soho Global Health Tbk's ROA % or its related term are showing as below:

ISX:SOHO' s ROA % Range Over the Past 10 Years
Min: 3.62   Med: 8.05   Max: 13.42
Current: 8.82

During the past 5 years, PT Soho Global Health Tbk's highest ROA % was 13.42%. The lowest was 3.62%. And the median was 8.05%.

ISX:SOHO's ROA % is ranked better than
91.89% of 111 companies
in the Medical Distribution industry
Industry Median: 2.39 vs ISX:SOHO: 8.82

PT Soho Global Health Tbk ROA % Historical Data

The historical data trend for PT Soho Global Health 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 Soho Global Health Tbk ROA % Chart

PT Soho Global Health Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
3.62 4.62 13.42 8.40 8.05

PT Soho Global Health Tbk Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 9.70 8.61 10.23 7.60 8.78

Competitive Comparison of PT Soho Global Health Tbk's ROA %

For the Medical Distribution subindustry, PT Soho Global Health 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 Soho Global Health Tbk's ROA % Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, PT Soho Global Health Tbk's ROA % distribution charts can be found below:

* The bar in red indicates where PT Soho Global Health Tbk's ROA % falls into.



PT Soho Global Health Tbk ROA % Calculation

PT Soho Global Health 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 )
=371341/( (4474599+4746960)/ 2 )
=371341/4610779.5
=8.05 %

PT Soho Global Health Tbk's annualized ROA % for the quarter that ended in Sep. 2024 is calculated as:

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=463432/( (5310206+5243408)/ 2 )
=463432/5276807
=8.78 %

* 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 four times the quarterly (Sep. 2024) net income data. ROA % is displayed in the 30-year financial page.


PT Soho Global Health Tbk  (ISX:SOHO) 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: Sep. 2024 )
=Net Income/Total Assets
=463432/5276807
=(Net Income / Revenue)*(Revenue / Total Assets)
=(463432 / 10358300)*(10358300 / 5276807)
=Net Margin %*Asset Turnover
=4.47 %*1.963
=8.78 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 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.


PT Soho Global Health Tbk ROA % Related Terms

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PT Soho Global Health Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Rawa Sumur II Kav BB No. 3, Kawasan Industri Pulogadung, Kel., Jatinegara, Kec. Cakung, Jakarta Timur, Jakarta, IDN, 13930
PT Soho Global Health Tbk is a healthcare company operating in the areas of natural/herbal health care products and services. The company manufactures and distributes pharmaceutical products to herbal cures, proprietary medicines and health foods under various brand names such as Curcuma Plus; Curcuma Plus Milk; Imboost; Fitkom; Diapet; Laxing; Lelap; Asthma Soho; and Sohobion. Its segment includes Distribution; Professional product; Consumer health; Alliance and others. The company generates maximum revenue from the Distribution segment.