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Shenzhen Sunway Communication Co (SZSE:300136) ROA % : 9.87% (As of Sep. 2024)


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What is Shenzhen Sunway Communication Co ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Shenzhen Sunway Communication Co's annualized Net Income for the quarter that ended in Sep. 2024 was ¥1,322 Mil. Shenzhen Sunway Communication Co's average Total Assets over the quarter that ended in Sep. 2024 was ¥13,398 Mil. Therefore, Shenzhen Sunway Communication Co's annualized ROA % for the quarter that ended in Sep. 2024 was 9.87%.

The historical rank and industry rank for Shenzhen Sunway Communication Co's ROA % or its related term are showing as below:

SZSE:300136' s ROA % Range Over the Past 10 Years
Min: 4.08   Med: 11.67   Max: 20.93
Current: 4.08

During the past 13 years, Shenzhen Sunway Communication Co's highest ROA % was 20.93%. The lowest was 4.08%. And the median was 11.67%.

SZSE:300136's ROA % is ranked better than
63.32% of 2462 companies
in the Hardware industry
Industry Median: 2.245 vs SZSE:300136: 4.08

Shenzhen Sunway Communication Co ROA % Historical Data

The historical data trend for Shenzhen Sunway Communication 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.

Shenzhen Sunway Communication Co ROA % Chart

Shenzhen Sunway Communication Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.29 10.05 4.33 5.33 4.16

Shenzhen Sunway Communication Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 10.75 0.13 4.66 1.56 9.87

Competitive Comparison of Shenzhen Sunway Communication Co's ROA %

For the Electronic Components subindustry, Shenzhen Sunway Communication 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.


Shenzhen Sunway Communication Co's ROA % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Sunway Communication Co's ROA % distribution charts can be found below:

* The bar in red indicates where Shenzhen Sunway Communication Co's ROA % falls into.



Shenzhen Sunway Communication Co ROA % Calculation

Shenzhen Sunway Communication Co'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 )
=521.403/( (12213.915+12872.408)/ 2 )
=521.403/12543.1615
=4.16 %

Shenzhen Sunway Communication Co's annualized ROA % for the quarter that ended in Sep. 2024 is calculated as:

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=1321.992/( (13051.122+13745.19)/ 2 )
=1321.992/13398.156
=9.87 %

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


Shenzhen Sunway Communication Co  (SZSE:300136) 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. 2024 )
=Net Income/Total Assets
=1321.992/13398.156
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1321.992 / 10592.728)*(10592.728 / 13398.156)
=Net Margin %*Asset Turnover
=12.48 %*0.7906
=9.87 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 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.


Shenzhen Sunway Communication Co ROA % Related Terms

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Shenzhen Sunway Communication Co Business Description

Traded in Other Exchanges
N/A
Address
Building 8&9, Changxing High-tech Industrial Park, Wan’an Road, Shajing Town, Bao’an District, Shenzhen, CHN, 518104
Shenzhen Sunway Communication Co Ltd is operating in the communication industry. The company is primarily focusing on the research and development, manufacturing, sales and marketing of the mobile terminal antennas and related modules, acoustic modules and connectors with high electromagnetic compatibility. Its products offering include mobile antenna, precision metal parts, MIM metal parts, acoustics and new materials products. Its products mainly apply to consumer electronic fields like smartphone/tablet PC, smart wearable devices, smart home/IoT and smart automobiles, and primarily expand the supporting capability towards industry, automobile, and military fields.
Executives
Peng Hao Directors, executives
Zuo Jian Bin Executives
Wu Hui Lin Directors, executives
Mao Da Dong Executives
Wang Ke Fu Supervisors
Wang Hong Bo Independent director
Yang Zhao Guo Director
Hu Shu Zhou Director
Xiang Li Ping Supervisors
Luo Chen Securities Affairs Representative
Wei Ji Jian Executives
Zhou Zhong Rong Executives
Yu Wei Director
Zhu Jie Executives
Li Ai Hua Supervisors

Shenzhen Sunway Communication Co Headlines

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