Dasin Retail Trust (SGX:CEDU) ROA %: -3.54% (As of Sep. 2023)

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What is Dasin Retail Trust ROA %?

Dasin Retail Trust SGX:CEDU ROA % is -3.54% as of Sep. 2023.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Dasin Retail Trust's annualized Net Income for the quarter that ended in Sep. 2023 was S$-64.22 Mil. Dasin Retail Trust's average Total Assets over the quarter that ended in Sep. 2023 was S$1,816.00 Mil. Therefore, Dasin Retail Trust's annualized ROA % for the quarter that ended in Sep. 2023 was -3.54%.

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

SGX:CEDU's ROA % is not ranked *
in the Real Estate industry.
Industry Median: 1.71
* Ranked among companies with meaningful ROA % only.

Dasin Retail Trust  (SGX:CEDU) 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. 2023 )
=Net Income/Total Assets
=-64.22/1815.9995
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-64.22 / 72.22)*(72.22 / 1815.9995)
=Net Margin %*Asset Turnover
=-88.92 %*0.0398
=-3.54 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 2023) 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.


Dasin Retail Trust ROA % Related Terms


Dasin Retail Trust ROA % Historical Data

* Premium members only.

The historical data trend for Dasin Retail Trust'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.

Dasin Retail Trust ROA % Chart

Dasin Retail Trust Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.71 -0.42 -3.23 -1.94 -12.35

Dasin Retail Trust Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -1.60 -39.34 -0.93 -15.90 -3.54

Dasin Retail Trust ROA % Competitor Comparison

For the Real Estate - Development subindustry, Dasin Retail Trust'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.


Dasin Retail Trust ROA % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Dasin Retail Trust's ROA % distribution charts can be found below:

* The bar in red indicates where Dasin Retail Trust's ROA % falls into.



Dasin Retail Trust ROA % Calculation

Dasin Retail Trust's annualized ROA % for the fiscal year that ended in Dec. 2022 is calculated as:

ROA %=Net Income (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=-277.948/( (2540.017+1959.922)/ 2 )
=-277.948/2249.9695
=-12.35 %

Dasin Retail Trust's annualized ROA % for the quarter that ended in Sep. 2023 is calculated as:

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=-64.22/( (1811.837+1820.162)/ 2 )
=-64.22/1815.9995
=-3.54 %

* 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 (Sep. 2023) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -3.54% mean?
Dasin Retail Trust (SGX:CEDU) has a ROA % of -3.54% as of Sep. 2023. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Dasin Retail Trust and its competitors.
Is Dasin Retail Trust's ROA % too high?
Dasin Retail Trust's current ROA % is -3.54%.
How does Dasin Retail Trust's ROA % compare to competitors?
Dasin Retail Trust's ROA % of -3.54% can be compared against companies in the Real Estate industry. The industry median ROA % is 1.71. 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 Real Estate company?
The median ROA % among Real Estate companies is 1.71, based on 1,804 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 Dasin Retail Trust and its competitors. For the Real Estate industry, the median ROA % is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dasin Retail Trust's current ROA % is -3.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dasin Retail Trust stock overvalued right now?
Dasin Retail Trust (SGX:CEDU) has a current ROA % of -3.54%. The current ROA % is -3.54%. 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 Dasin Retail Trust (SGX:CEDU), the current ROA % is -3.54% as of Sep. 2023. 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.

Dasin Retail Trust Business Description

Address 138 Market Street, CapitaGreen No 26-02, Singapore, SGP, 048946
Dasin Retail Trust is a China retail property trust. The Trust's mandate is to invest in, own or develop land, uncompleted developments and income-producing real estate in Greater China used primarily for retail purposes, as well as real estate related assets, with a focus on retail malls. The Trust's portfolio comprises seven retail malls located in Zhongshan, Zhuhai and Foshan cities in Guangdong, PRC. The Trust is managed by Dasin Retail Trust Management Pte Ltd in its capacity as the Trustee-Manager. The Trust's reporting segments are Shiqi Metro Mall, Xiaolan Metro Mall, Ocean Metro Mall, Dasin E-Colour, Doumen Metro Mall, Shunde Metro Mall and Tanbei Metro Mall.