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NEXON Co (TSE:3659) ROA % : 10.28% (As of Dec. 2024)


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What is NEXON Co ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. NEXON Co's annualized Net Income for the quarter that ended in Dec. 2024 was 円128,116 Mil. NEXON Co's average Total Assets over the quarter that ended in Dec. 2024 was 円1,246,752 Mil. Therefore, NEXON Co's annualized ROA % for the quarter that ended in Dec. 2024 was 10.28%.

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

TSE:3659' s ROA % Range Over the Past 10 Years
Min: 4.64   Med: 11.49   Max: 18.05
Current: 11.2

During the past 13 years, NEXON Co's highest ROA % was 18.05%. The lowest was 4.64%. And the median was 11.49%.

TSE:3659's ROA % is ranked better than
82.65% of 588 companies
in the Interactive Media industry
Industry Median: -1.175 vs TSE:3659: 11.20

NEXON Co ROA % Historical Data

The historical data trend for NEXON 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.

NEXON Co ROA % Chart

NEXON Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.11 12.43 9.89 6.60 11.45

NEXON Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -14.62 12.62 13.13 8.69 10.28

Competitive Comparison of NEXON Co's ROA %

For the Electronic Gaming & Multimedia subindustry, NEXON 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.


NEXON Co's ROA % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, NEXON Co's ROA % distribution charts can be found below:

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



NEXON Co ROA % Calculation

NEXON Co's annualized ROA % for the fiscal year that ended in Dec. 2024 is calculated as:

ROA %=Net Income (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=134848/( (1098103+1256771)/ 2 )
=134848/1177437
=11.45 %

NEXON Co's annualized ROA % for the quarter that ended in Dec. 2024 is calculated as:

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=128116/( (1236733+1256771)/ 2 )
=128116/1246752
=10.28 %

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


NEXON Co  (TSE:3659) 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. 2024 )
=Net Income/Total Assets
=128116/1246752
=(Net Income / Revenue)*(Revenue / Total Assets)
=(128116 / 318904)*(318904 / 1246752)
=Net Margin %*Asset Turnover
=40.17 %*0.2558
=10.28 %

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


NEXON Co ROA % Related Terms

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NEXON Co Business Description

Traded in Other Exchanges
Address
1-4-5 Roppongi, Minato-ku, Tokyo, JPN, 106-0032
Nexon Co., Ltd. is a South Korean online game developer and publisher, founded in 1994 in Korea by Kim Jung-ju. In 2005, the company moved its headquarters to Tokyo, Japan, and has operations in Korea, US, Taiwan, Thailand. The company's most notable franchises are "MapleStory," "Dungeon&Fighter," "Sudden Attack," and "KartRider". Nexon is also the publisher for EA's FC Online game franchise in Korea and Japan since 2013. Nexon acquired an independent game developer - Embark Studios AB, located in Stockholm, Sweden in 2019.

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