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Eastern Union Interactive (ROCO:7738) ROA % : 21.30% (As of Jun. 2024)


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What is Eastern Union Interactive ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Eastern Union Interactive's annualized Net Income for the quarter that ended in Jun. 2024 was NT$223.1 Mil. Eastern Union Interactive's average Total Assets over the quarter that ended in Jun. 2024 was NT$1,047.5 Mil. Therefore, Eastern Union Interactive's annualized ROA % for the quarter that ended in Jun. 2024 was 21.30%.

The historical rank and industry rank for Eastern Union Interactive's ROA % or its related term are showing as below:

ROCO:7738' s ROA % Range Over the Past 10 Years
Min: -8.39   Med: 3.62   Max: 10.23
Current: 10.23

During the past 3 years, Eastern Union Interactive's highest ROA % was 10.23%. The lowest was -8.39%. And the median was 3.62%.

ROCO:7738's ROA % is ranked better than
85.25% of 800 companies
in the Capital Markets industry
Industry Median: 1.61 vs ROCO:7738: 10.23

Eastern Union Interactive ROA % Historical Data

The historical data trend for Eastern Union Interactive'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.

Eastern Union Interactive ROA % Chart

Eastern Union Interactive Annual Data
Trend Dec21 Dec22 Dec23
ROA %
-8.39 3.62 8.57

Eastern Union Interactive Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24
ROA % - - 22.49 -1.06 21.30

Competitive Comparison of Eastern Union Interactive's ROA %

For the Capital Markets subindustry, Eastern Union Interactive'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.


Eastern Union Interactive's ROA % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Eastern Union Interactive's ROA % distribution charts can be found below:

* The bar in red indicates where Eastern Union Interactive's ROA % falls into.


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Eastern Union Interactive ROA % Calculation

Eastern Union Interactive'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 )
=60.438/( (576.764+833.438)/ 2 )
=60.438/705.101
=8.57 %

Eastern Union Interactive's annualized ROA % for the quarter that ended in Jun. 2024 is calculated as:

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=223.1/( (833.438+1261.653)/ 2 )
=223.1/1047.5455
=21.30 %

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


Eastern Union Interactive  (ROCO:7738) 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: Jun. 2024 )
=Net Income/Total Assets
=223.1/1047.5455
=(Net Income / Revenue)*(Revenue / Total Assets)
=(223.1 / 421.354)*(421.354 / 1047.5455)
=Net Margin %*Asset Turnover
=52.95 %*0.4022
=21.30 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2024) net income data. The Revenue data used here is two times the semi-annual (Jun. 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.


Eastern Union Interactive ROA % Related Terms

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Eastern Union Interactive Business Description

Traded in Other Exchanges
N/A
Address
7F-1 , No. 51, Zhongyang Road, Sect. 4, Tucheng District, New Taipei, TWN
Website
Eastern Union Interactive Corp is a Company that offers a safe platform that provides safe and convenient cross-border financial services. Its service scope includes Indonesia, the Philippines, Vietnam, Thailand, etc. which is of positive help in guiding foreign migrant workers to handle remittances through legal channels and thereby establishing inclusive finance. It has obtained a foreign small-amount exchange license for foreign migrant workers in Taiwan. Legal services for foreign migrant workers working in Taiwan, Make cross-border remittances.

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