GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sundy Land Investment Co Ltd (SHSE:600077) » Definitions » ROA %

Sundy Land Investment Co (SHSE:600077) ROA % : -0.65% (As of Mar. 2023)


View and export this data going back to 1997. Start your Free Trial

What is Sundy Land Investment Co ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Sundy Land Investment Co's annualized Net Income for the quarter that ended in Mar. 2023 was ¥-245 Mil. Sundy Land Investment Co's average Total Assets over the quarter that ended in Mar. 2023 was ¥37,786 Mil. Therefore, Sundy Land Investment Co's annualized ROA % for the quarter that ended in Mar. 2023 was -0.65%.

The historical rank and industry rank for Sundy Land Investment Co's ROA % or its related term are showing as below:

SHSE:600077's ROA % is not ranked *
in the Real Estate industry.
Industry Median: 1.11
* Ranked among companies with meaningful ROA % only.

Sundy Land Investment Co ROA % Historical Data

The historical data trend for Sundy Land Investment 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.

Sundy Land Investment Co ROA % Chart

Sundy Land Investment Co 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 1.97 1.90 0.87 -0.87 -8.39

Sundy Land Investment Co Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -0.10 0.19 -1.53 -35.26 -0.65

Competitive Comparison of Sundy Land Investment Co's ROA %

For the Real Estate - Diversified subindustry, Sundy Land Investment 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.


Sundy Land Investment Co's ROA % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sundy Land Investment Co's ROA % distribution charts can be found below:

* The bar in red indicates where Sundy Land Investment Co's ROA % falls into.



Sundy Land Investment Co ROA % Calculation

Sundy Land Investment Co'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 )
=-3564.149/( (47341.785+37613.207)/ 2 )
=-3564.149/42477.496
=-8.39 %

Sundy Land Investment Co's annualized ROA % for the quarter that ended in Mar. 2023 is calculated as:

ROA %=Net Income (Q: Mar. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=-245.456/( (37613.207+37959.467)/ 2 )
=-245.456/37786.337
=-0.65 %

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


Sundy Land Investment Co  (SHSE:600077) 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. 2023 )
=Net Income/Total Assets
=-245.456/37786.337
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-245.456 / 1759.44)*(1759.44 / 37786.337)
=Net Margin %*Asset Turnover
=-13.95 %*0.0466
=-0.65 %

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


Sundy Land Investment Co ROA % Related Terms

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


Sundy Land Investment Co (SHSE:600077) Business Description

Traded in Other Exchanges
N/A
Address
Number 789 Fuchun Road, Room 506, 5th Floor, Hangzhou, CHN, 310016
Sundy Land Investment Co Ltd is mainly engaged in the real estate development businesses in China. Its business activities include the development and sale of real estate and the provision of property services. The company's real estate products include residential buildings and office buildings, among others.

Sundy Land Investment Co (SHSE:600077) Headlines

No Headlines