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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Prime Oil Chemical Service's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$-28.1 Mil.
Prime Oil Chemical Service's average Total Assets over the quarter that ended in Mar. 2026 was NT$1,774.9 Mil. Therefore, Prime Oil Chemical Service's annualized ROA % for the quarter that ended in Mar. 2026 was -1.58%.
The historical rank and industry rank for Prime Oil Chemical Service's ROA % or its related term are showing as below:
TPE:2904'
s ROA % Range Over the Past 10 Years
Min: 2.42 Med: 6.84 Max: 10.43
Current: 2.42
During the past 13 years, Prime Oil Chemical Service's highest ROA % was 10.43%. The lowest was 2.42%. And the median was 6.84%.
TPE:2904's ROA % is ranked better than 50.87% of 1038
companies
in the Oil & Gas industry
Industry Median: 2.29
vs TPE:2904: 2.42
Prime Oil Chemical Service (TPE:2904) 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 banks 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:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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.
* 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.
For the Oil & Gas Equipment & Services subindustry, Prime Oil Chemical Service'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.
Prime Oil Chemical Service ROA % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Prime Oil Chemical Service's ROA % distribution charts can be found below:
* The bar in red indicates where Prime Oil Chemical Service's ROA % falls into.
* 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. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Prime Oil Chemical Service (TPE:2904) has a ROA % of -1.58% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Prime Oil Chemical Service and its competitors. Over the past decade, Prime Oil Chemical Service's ROA % has ranged from 2.42 to 10.43. According to the industry distribution chart, Prime Oil Chemical Service ranks #510 out of 1038 companies in the Oil & Gas industry, placing it in the top 49.1%.
Is Prime Oil Chemical Service's ROA % too high?
Prime Oil Chemical Service's current ROA % is -1.58%. Over the past 10 years, this metric has ranged from a low of 2.42 to a high of 10.43. Based on the distribution chart, Prime Oil Chemical Service ranks #510 out of 1038 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Prime Oil Chemical Service has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Prime Oil Chemical Service's ROA % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Prime Oil Chemical Service ranks #510 out of 1038 companies for ROA %. This puts Prime Oil Chemical Service in the upper half of its industry. The industry median ROA % is 2.29. Historically, Prime Oil Chemical Service's own ROA % has ranged from 2.42 to 10.43 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for an Oil & Gas company?
The median ROA % among Oil & Gas companies is 2.29, based on 1,038 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 Prime Oil Chemical Service and its competitors. For the Oil & Gas industry, the median ROA % is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prime Oil Chemical Service's current ROA % is -1.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prime Oil Chemical Service stock overvalued right now?
Based on GuruFocus' analysis, Prime Oil Chemical Service (TPE:2904) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$17.00, compared to a current price of NT$12.75 — trading 25% below its estimated fair value. The current ROA % is -1.58%. Prime Oil Chemical Service's overall GF Score™ is 71/100 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 Prime Oil Chemical Service (TPE:2904), the current ROA % is -1.58% as of Mar. 2026. 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 Prime Oil Chemical Service (TPE:2904) Overvalued in 2026?
Based on GuruFocus' analysis, Prime Oil Chemical Service stock appears to be undervalued.
The current stock price of NT$12.75 is trading 25% below its estimated GF Value™ of NT$17.00.
GuruFocus considers Prime Oil Chemical Service to be Modestly Undervalued.
Key valuation signals for TPE:2904:
ROA %: -1.58%
GF Value™: NT$17.00 vs. price of NT$12.75 (25% below fair value)
No single metric tells the full story. See the TPE:2904 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Prime Oil Chemical Service Corp is engaged in providing tank terminal services for oil and petrochemical storage, and the energy division. The firm also offers port facilities and ancillary equipment. The Company is engaged in chemical, oil tank storage and delivery services, and solar power generation business.
71GF Score
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