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Ban Leong Technologies (SGX:B26) ROA % : 12.57% (As of Mar. 2024)


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What is Ban Leong Technologies ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Ban Leong Technologies's annualized Net Income for the quarter that ended in Mar. 2024 was S$10.3 Mil. Ban Leong Technologies's average Total Assets over the quarter that ended in Mar. 2024 was S$81.7 Mil. Therefore, Ban Leong Technologies's annualized ROA % for the quarter that ended in Mar. 2024 was 12.57%.

The historical rank and industry rank for Ban Leong Technologies's ROA % or its related term are showing as below:

SGX:B26' s ROA % Range Over the Past 10 Years
Min: 1.41   Med: 6.4   Max: 11.84
Current: 9.04

During the past 13 years, Ban Leong Technologies's highest ROA % was 11.84%. The lowest was 1.41%. And the median was 6.40%.

SGX:B26's ROA % is ranked better than
86.82% of 2451 companies
in the Hardware industry
Industry Median: 2.3 vs SGX:B26: 9.04

Ban Leong Technologies ROA % Historical Data

The historical data trend for Ban Leong Technologies'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.

Ban Leong Technologies ROA % Chart

Ban Leong Technologies Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.29 10.03 11.84 7.43 8.98

Ban Leong Technologies Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 13.31 6.05 9.08 5.46 12.57

Competitive Comparison of Ban Leong Technologies's ROA %

For the Electronics & Computer Distribution subindustry, Ban Leong Technologies'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.


Ban Leong Technologies's ROA % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ban Leong Technologies's ROA % distribution charts can be found below:

* The bar in red indicates where Ban Leong Technologies's ROA % falls into.



Ban Leong Technologies ROA % Calculation

Ban Leong Technologies's annualized ROA % for the fiscal year that ended in Mar. 2024 is calculated as:

ROA %=Net Income (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=7.302/( (79.107+83.51)/ 2 )
=7.302/81.3085
=8.98 %

Ban Leong Technologies's annualized ROA % for the quarter that ended in Mar. 2024 is calculated as:

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=10.264/( (79.837+83.51)/ 2 )
=10.264/81.6735
=12.57 %

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


Ban Leong Technologies  (SGX:B26) 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: Mar. 2024 )
=Net Income/Total Assets
=10.264/81.6735
=(Net Income / Revenue)*(Revenue / Total Assets)
=(10.264 / 211.302)*(211.302 / 81.6735)
=Net Margin %*Asset Turnover
=4.86 %*2.5872
=12.57 %

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


Ban Leong Technologies ROA % Related Terms

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Ban Leong Technologies Business Description

Traded in Other Exchanges
N/A
Address
150 Ubi Avenue 4, Ubi Biz-Hub, No. 04-01, Singapore, SGP, 408825
Ban Leong Technologies Ltd engages in the wholesale and distribution of computer peripherals, accessories, and other multimedia products in Singapore and internationally. It operates through three segments: Multimedia, Data storage, and IT accessories. The Multimedia segment which accounts for the majority of revenue offers audio and visual products, such as speakers, LCD monitors, graphics cards, MP3 players, and sound cards. The Data Storage segment provides storage of data, such as tape storage, HDD cases, Blu-ray and DVD-Roms. The IT accessories segment offers PC-related accessories, including mice, keyboards, and networking products, such as switches, routers, and wireless cards. MAjority of the firm's revenue comes from Singapore.

Ban Leong Technologies Headlines

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