PN (PN Smart Energy) ROA %: -11.76% (As of Sep. 2025)

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PN PN Smart Energy Ltd PN
18 GF Score
Price $3.88
! 2 Warning Signs
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What is PN Smart Energy ROA %?

PN Smart Energy PN 18 ROA % is -11.76% as of Sep. 2025. GuruFocus rates PN with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 1,028 Semiconductors companies, PN Smart Energy ranks worse than 80.64% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. PN Smart Energy's annualized Net Income for the quarter that ended in Sep. 2025 was $-5.26 Mil. PN Smart Energy's average Total Assets over the quarter that ended in Sep. 2025 was $44.74 Mil. Therefore, PN Smart Energy's annualized ROA % for the quarter that ended in Sep. 2025 was -11.76%.

The historical rank and industry rank for PN Smart Energy's ROA % or its related term are showing as below:

PN' s ROA % Range Over the Past 10 Years
Min: -6.96   Med: 3.52   Max: 8.04
Current: -6.66

During the past 5 years, PN Smart Energy's highest ROA % was 8.04%. The lowest was -6.96%. And the median was 3.52%.

PN's ROA % is ranked worse than
80.64% of 1028 companies
in the Semiconductors industry
Industry Median: 2.465 vs PN: -6.66

PN Smart Energy  (NAS:PN) 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. 2025 )
=Net Income/Total Assets
=-5.26/44.7425
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-5.26 / 78.27)*(78.27 / 44.7425)
=Net Margin %*Asset Turnover
=-6.72 %*1.7493
=-11.76 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2025) net income data. The Revenue data used here is two times the semi-annual (Sep. 2025) 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.


PN Smart Energy ROA % Related Terms


PN Smart Energy ROA % Historical Data

* Premium members only.

The historical data trend for PN Smart Energy'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.

PN Smart Energy ROA % Chart

PN Smart Energy Annual Data
Trend Sep21 Sep22 Sep23 Sep24 Sep25
ROA %
8.04 5.50 3.52 1.53 -6.96

PN Smart Energy Semi-Annual Data
Sep21 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
ROA % Get a 7-Day Free Trial 8.76 2.54 0.60 -0.35 -11.76

PN vs SPRU, ASTI, FTCI: ROA % Comparison

For the Solar subindustry, PN Smart Energy'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.


PN Smart Energy ROA % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, PN Smart Energy's ROA % distribution charts can be found below:

* The bar in red indicates where PN Smart Energy's ROA % falls into.


PN
18GF Score
PN Smart Energy Ltd PN
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PN Smart Energy ROA % Calculation

PN Smart Energy's annualized ROA % for the fiscal year that ended in Sep. 2025 is calculated as:

ROA %=Net Income (A: Sep. 2025 )/( (Total Assets (A: Sep. 2024 )+Total Assets (A: Sep. 2025 ))/ count )
=-2.696/( (31.952+45.494)/ 2 )
=-2.696/38.723
=-6.96 %

PN Smart Energy's annualized ROA % for the quarter that ended in Sep. 2025 is calculated as:

ROA %=Net Income (Q: Sep. 2025 )/( (Total Assets (Q: Mar. 2025 )+Total Assets (Q: Sep. 2025 ))/ count )
=-5.26/( (43.991+45.494)/ 2 )
=-5.26/44.7425
=-11.76 %

* 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 (Sep. 2025) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -11.76% mean?
PN Smart Energy (PN) has a ROA % of -11.76% as of Sep. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on PN Smart Energy and its competitors. According to the industry distribution chart, PN Smart Energy ranks #829 out of 1028 companies in the Semiconductors industry, placing it in the top 80.6%.
Is PN Smart Energy's ROA % too high?
PN Smart Energy's current ROA % is -11.76%. Based on the distribution chart, PN Smart Energy ranks #829 out of 1028 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, PN Smart Energy has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does PN Smart Energy's ROA % compare to SPRU and ASTI?
According to the Semiconductors industry distribution chart, PN Smart Energy ranks #829 out of 1028 companies for ROA %. This places PN Smart Energy in the lower half of its industry. The industry median ROA % is 2.47. 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 Semiconductors company?
The median ROA % among Semiconductors companies is 2.47, based on 1,028 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 PN Smart Energy and its competitors. For the Semiconductors industry, the median ROA % is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PN Smart Energy's current ROA % is -11.76%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PN Smart Energy stock overvalued right now?
PN Smart Energy (PN) has a current ROA % of -11.76%. The current ROA % is -11.76%. PN Smart Energy's overall GF Score™ is 18/100 with 2 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 PN Smart Energy (PN), the current ROA % is -11.76% as of Sep. 2025. 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.

PN Smart Energy Business Description

Address No.188 Jinghua Road, Room 303, Block B, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315048
PN Smart Energy Ltd is a solar photovoltaic (PV) product provider focused on manufacturing and selling solar cables and connectors. The company operates as an independent power provider (IPP) focused on the development of clean power stations, critical energy materials, and intelligent energy infrastructure. Through its PNTECH brand, the company also manufactures photovoltaic cables and connectors, serving customers across various countries and regions.
18GF Score

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

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