GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Li Hsuan International Construction Co Ltd (ROCO:6222) » Definitions » ROA %

Li Hsuan International Construction Co (ROCO:6222) ROA % : -5.79% (As of Dec. 2024)


View and export this data going back to 2003. Start your Free Trial

What is Li Hsuan International Construction Co ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Li Hsuan International Construction Co's annualized Net Income for the quarter that ended in Dec. 2024 was NT$-16.11 Mil. Li Hsuan International Construction Co's average Total Assets over the quarter that ended in Dec. 2024 was NT$278.41 Mil. Therefore, Li Hsuan International Construction Co's annualized ROA % for the quarter that ended in Dec. 2024 was -5.79%.

The historical rank and industry rank for Li Hsuan International Construction Co's ROA % or its related term are showing as below:

ROCO:6222' s ROA % Range Over the Past 10 Years
Min: -38.49   Med: -1.25   Max: 16.44
Current: -5.76

During the past 13 years, Li Hsuan International Construction Co's highest ROA % was 16.44%. The lowest was -38.49%. And the median was -1.25%.

ROCO:6222's ROA % is ranked worse than
86.47% of 436 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.965 vs ROCO:6222: -5.76

Li Hsuan International Construction Co ROA % Historical Data

The historical data trend for Li Hsuan International Construction Co'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.

Li Hsuan International Construction Co ROA % Chart

Li Hsuan International Construction Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.66 -4.15 4.82 -6.69 -5.79

Li Hsuan International Construction Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 Premium Member Only Premium Member Only -16.85 -1.75 -2.48 -13.14 -5.79

Competitive Comparison of Li Hsuan International Construction Co's ROA %

For the Furnishings, Fixtures & Appliances subindustry, Li Hsuan International Construction 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.


Li Hsuan International Construction Co's ROA % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Li Hsuan International Construction Co's ROA % distribution charts can be found below:

* The bar in red indicates where Li Hsuan International Construction Co's ROA % falls into.



Li Hsuan International Construction Co ROA % Calculation

Li Hsuan International Construction Co's annualized ROA % for the fiscal year that ended in Dec. 2024 is calculated as:

ROA %=Net Income (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=-16.48/( (292.663+276.337)/ 2 )
=-16.48/284.5
=-5.79 %

Li Hsuan International Construction Co's annualized ROA % for the quarter that ended in Dec. 2024 is calculated as:

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=-16.112/( (280.48+276.337)/ 2 )
=-16.112/278.4085
=-5.79 %

* 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 (Dec. 2024) net income data. ROA % is displayed in the 30-year financial page.


Li Hsuan International Construction Co  (ROCO:6222) 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. 2024 )
=Net Income/Total Assets
=-16.112/278.4085
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-16.112 / 1.996)*(1.996 / 278.4085)
=Net Margin %*Asset Turnover
=-807.21 %*0.0072
=-5.79 %

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


Li Hsuan International Construction Co ROA % Related Terms

Thank you for viewing the detailed overview of Li Hsuan International Construction Co's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Li Hsuan International Construction Co Business Description

Traded in Other Exchanges
N/A
Address
1Floor. No. 32, Zhongxing Road, Xizhi District, New Taipei City, Taipei Hsieh, TWN, 22161
Li Hsuan International Construction Co Ltd Formerly Soaring Technology Co Ltd offers various liquid crystal display (LCD) monitors in Taiwan. It offers LED lamps, tubes, bulbs, and indoor and outdoor fixtures. The main business is engaged in the design, processing, manufacturing, and sales of lighting equipment and electrical appliances.

Li Hsuan International Construction Co Headlines

No Headlines