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Synergy House Bhd (XKLS:0279) ROA % : 18.42% (As of Sep. 2024)


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What is Synergy House Bhd ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Synergy House Bhd's annualized Net Income for the quarter that ended in Sep. 2024 was RM44.0 Mil. Synergy House Bhd's average Total Assets over the quarter that ended in Sep. 2024 was RM238.8 Mil. Therefore, Synergy House Bhd's annualized ROA % for the quarter that ended in Sep. 2024 was 18.42%.

The historical rank and industry rank for Synergy House Bhd's ROA % or its related term are showing as below:

XKLS:0279' s ROA % Range Over the Past 10 Years
Min: 11.32   Med: 15.45   Max: 19.37
Current: 11.32

During the past 5 years, Synergy House Bhd's highest ROA % was 19.37%. The lowest was 11.32%. And the median was 15.45%.

XKLS:0279's ROA % is ranked better than
92.13% of 432 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.95 vs XKLS:0279: 11.32

Synergy House Bhd ROA % Historical Data

The historical data trend for Synergy House Bhd'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.

Synergy House Bhd ROA % Chart

Synergy House Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
19.37 16.93 14.50 13.71 15.45

Synergy House Bhd Quarterly Data
Dec19 Dec20 Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 16.61 19.20 16.31 -8.68 18.42

Competitive Comparison of Synergy House Bhd's ROA %

For the Furnishings, Fixtures & Appliances subindustry, Synergy House Bhd'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.


Synergy House Bhd's ROA % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Synergy House Bhd's ROA % distribution charts can be found below:

* The bar in red indicates where Synergy House Bhd's ROA % falls into.



Synergy House Bhd ROA % Calculation

Synergy House Bhd'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 )
=27.148/( (130.946+220.403)/ 2 )
=27.148/175.6745
=15.45 %

Synergy House Bhd'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 )
=44/( (217.224+260.46)/ 2 )
=44/238.842
=18.42 %

* 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.


Synergy House Bhd  (XKLS:0279) 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
=44/238.842
=(Net Income / Revenue)*(Revenue / Total Assets)
=(44 / 455.928)*(455.928 / 238.842)
=Net Margin %*Asset Turnover
=9.65 %*1.9089
=18.42 %

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.


Synergy House Bhd ROA % Related Terms

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Synergy House Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 16, Persiaran Setia Dagang, Lot 18.A & 18.B & Lot 19.A, Level 18 & 19, Top Glove Tower, Seksyen U13, Bandar Setia Alam, Shah Alam, SGR, MYS, 40170
Synergy House Bhd is an investment holding company and through its subsidiaries, It is principally involved in the design, development, and sale of RTA home furniture. RTA a home furniture is a form of furniture where furniture parts are in flat-packed form for ease of storage and transportation. RTA home furniture requires customers to assemble themselves upon purchase. It sells its RTA home furniture to online retailers, chain-store retailers, and wholesalers via a B2B sales model, as well as directly to end-consumers through Its in-house online store and third-party e-commerce platforms via a B2C sales model.

Synergy House Bhd Headlines

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