GSH (SGX:BDX) ROA %: -2.15% (As of Dec. 2025)

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SGX:BDX GSH Corp Ltd SGX:BDX
43 GF Score
Price S$0.16
GF Value S$0.19
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is GSH ROA %?

GSH SGX:BDX 43 ROA % is -2.15% as of Dec. 2025. GuruFocus rates SGX:BDX with a GF Score™ of 43/100 and a GF Value™ of S$0.19 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 560 Conglomerates companies, GSH ranks worse than 80.54% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. GSH's annualized Net Income for the quarter that ended in Dec. 2025 was S$-25.6 Mil. GSH's average Total Assets over the quarter that ended in Dec. 2025 was S$1,193.5 Mil. Therefore, GSH's annualized ROA % for the quarter that ended in Dec. 2025 was -2.15%.

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

SGX:BDX' s ROA % Range Over the Past 10 Years
Min: -1.89   Med: -0.89   Max: 7.15
Current: -1.46

During the past 13 years, GSH's highest ROA % was 7.15%. The lowest was -1.89%. And the median was -0.89%.

SGX:BDX's ROA % is ranked worse than
80.54% of 560 companies
in the Conglomerates industry
Industry Median: 2.515 vs SGX:BDX: -1.46

GSH  (SGX:BDX) 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. 2025 )
=Net Income/Total Assets
=-25.644/1193.4745
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-25.644 / 126.764)*(126.764 / 1193.4745)
=Net Margin %*Asset Turnover
=-20.23 %*0.1062
=-2.15 %

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


GSH ROA % Related Terms


GSH ROA % Historical Data

* Premium members only.

The historical data trend for GSH'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.

GSH ROA % Chart

GSH Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.89 -1.63 -0.95 -0.83 -1.44

GSH Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.12 -1.15 -0.54 -0.80 -2.15

SGX:BDX vs MMM, HON: ROA % Comparison

For the Conglomerates subindustry, GSH'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.


GSH ROA % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, GSH's ROA % distribution charts can be found below:

* The bar in red indicates where GSH's ROA % falls into.


SGX:BDX
43GF Score
GSH Corp Ltd SGX:BDX
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GSH ROA % Calculation

GSH's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=-17.672/( (1241.681+1206.469)/ 2 )
=-17.672/1224.075
=-1.44 %

GSH's annualized ROA % for the quarter that ended in Dec. 2025 is calculated as:

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=-25.644/( (1180.48+1206.469)/ 2 )
=-25.644/1193.4745
=-2.15 %

* 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 (Dec. 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 -2.15% mean?
GSH (SGX:BDX) has a ROA % of -2.15% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on GSH and its competitors. According to the industry distribution chart, GSH ranks #451 out of 560 companies in the Conglomerates industry, placing it in the top 80.5%.
Is GSH's ROA % too high?
GSH's current ROA % is -2.15%. Based on the distribution chart, GSH ranks #451 out of 560 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, GSH has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GSH's ROA % compare to MMM and HON?
According to the Conglomerates industry distribution chart, GSH ranks #451 out of 560 companies for ROA %. This places GSH in the lower half of its industry. The industry median ROA % is 2.52. 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 Conglomerates company?
The median ROA % among Conglomerates companies is 2.52, based on 560 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 GSH and its competitors. For the Conglomerates industry, the median ROA % is 2.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GSH's current ROA % is -2.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GSH stock overvalued right now?
Based on GuruFocus' analysis, GSH (SGX:BDX) is currently considered Modestly Undervalued. The stock's GF Value™ is S$0.19, compared to a current price of S$0.16 — trading 14.7% below its estimated fair value. The current ROA % is -2.15%. GSH's overall GF Score™ is 43/100 with 7 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 GSH (SGX:BDX), the current ROA % is -2.15% as of Dec. 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.

Is GSH (SGX:BDX) Overvalued in 2026?

Based on GuruFocus' analysis, GSH stock appears to be undervalued. The current stock price of S$0.16 is trading 14.7% below its estimated GF Value™ of S$0.19. GuruFocus considers GSH to be Modestly Undervalued.

Key valuation signals for SGX:BDX:

  • ROA %: -2.15%
  • GF Value™: S$0.19 vs. price of S$0.16 (14.7% below fair value)
  • GF Score™: 43/100 with 7 warning signs

No single metric tells the full story. See the SGX:BDX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GSH Business Description

Address 20 Cecil Street, No. 28-01 PLUS, Singapore, SGP, 049705
GSH Corp Ltd is a company together with its subsidiaries engaged in the property development business in Asia. It operates through Hospitality, Property, Trading and Other segments. The hospitality segment is engaged in the operation of hotels, golf and marina club. The Property segment is engaged in the sales of properties and rental income from investment properties. The other segment includes investment holdings and the Trading segment includes frozen food trading. It generates revenue through the sale of property and the sale of hotel packages which include hotel stay, breakfast, spa services, and golf.
43GF Score

Get the complete analysis for SGX:BDX

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

S$0.16
Price
S$0.19
GF Value