Northern Solar Holdings BhdXKLS:0340 +0.75%19 ROA % is 10.42% as of Mar. 2026, which is 61% below its 10-year median of 26.91. GuruFocus rates XKLS:0340 with a GF Score™ of 19/100. The stock has 4 warning signs investors should review. Among 1,026 Semiconductors companies, Northern Solar Holdings Bhd ranks better than 88.6% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Northern Solar Holdings Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM12.4 Mil.
Northern Solar Holdings Bhd's average Total Assets over the quarter that ended in Mar. 2026 was RM119.3 Mil. Therefore, Northern Solar Holdings Bhd's annualized ROA % for the quarter that ended in Mar. 2026 was 10.42%.
The historical rank and industry rank for Northern Solar Holdings Bhd's ROA % or its related term are showing as below:
XKLS:0340'
s ROA % Range Over the Past 10 Years
Min: 13.83 Med: 26.91 Max: 30.39
Current: 14.05
During the past 5 years, Northern Solar Holdings Bhd's highest ROA % was 30.39%. The lowest was 13.83%. And the median was 26.91%.
XKLS:0340's ROA % is ranked better than 88.6% of 1026
companies
in the Semiconductors industry
Industry Median: 2.45
vs XKLS:0340: 14.05
Northern Solar Holdings Bhd (XKLS:0340) 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 Solar subindustry, Northern Solar Holdings 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.
Northern Solar Holdings Bhd ROA % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Northern Solar Holdings Bhd's ROA % distribution charts can be found below:
* The bar in red indicates where Northern Solar Holdings Bhd'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.
Northern Solar Holdings Bhd (XKLS:0340) has a ROA % of 10.42% 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 Northern Solar Holdings Bhd and its competitors. This is 61% below median its historical median of 26.91. Over the past decade, Northern Solar Holdings Bhd's ROA % has ranged from 13.83 to 30.39. According to the industry distribution chart, Northern Solar Holdings Bhd ranks #117 out of 1026 companies in the Semiconductors industry, placing it in the top 11.4%.
Is Northern Solar Holdings Bhd's ROA % too high?
Northern Solar Holdings Bhd's current ROA % of 10.42% is 61% below median its 10-year median of 26.91. Over the past 10 years, this metric has ranged from a low of 13.83 to a high of 30.39. The Semiconductors industry median ROA % is 2.45. Northern Solar Holdings Bhd's value of 10.42% is 325.3% above this industry median. Based on the distribution chart, Northern Solar Holdings Bhd ranks #117 out of 1026 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Northern Solar Holdings Bhd has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Northern Solar Holdings Bhd's ROA % compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Northern Solar Holdings Bhd ranks #117 out of 1026 companies for ROA %. This places Northern Solar Holdings Bhd in the top 11% of its industry — outperforming the majority of peers. The industry median ROA % is 2.45. Northern Solar Holdings Bhd's value of 10.42% is 325.3% above this benchmark. Historically, Northern Solar Holdings Bhd's own ROA % has ranged from 13.83 to 30.39 over the past decade. While the company's 10-year median is 26.91 vs. the industry median of 2.45, Northern Solar Holdings Bhd has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Semiconductors company?
The median ROA % among Semiconductors companies is 2.45, based on 1,026 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. Northern Solar Holdings Bhd's current ROA % of 10.42% is 325.3% above the industry median. 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 Northern Solar Holdings Bhd and its competitors. For the Semiconductors industry, the median ROA % is 2.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Solar Holdings Bhd's current ROA % is 10.42%, which is 61% below median its own 10-year median of 26.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Solar Holdings Bhd stock overvalued right now?
Northern Solar Holdings Bhd (XKLS:0340) has a current ROA % of 10.42%. The current ROA % is 10.42%, which is 61% below median its 10-year median of 26.91 and 325.3% above the Semiconductors industry median of 2.45. Northern Solar Holdings Bhd's overall GF Score™ is 19/100 with 4 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 Northern Solar Holdings Bhd (XKLS:0340), the current ROA % is 10.42% 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.
Northern Solar Holdings Bhd Group is principally involved in the EPCC of solar PV systems, Generation of renewable energy, and O&M of solar PV equipment and systems. Its EPCC of solar PV systems involves the provision of engineering design and planning, procurement and supply, construction, installation, testing, and commissioning of solar PV systems for commercial, industrial, and residential buildings. The Group owns, operates, and maintains rooftop solar PV systems that generate and sell electricity to NEM and SELCO consumers in Peninsular Malaysia. Its O&M of solar PV equipment and systems involves providing O&M services for solar PV equipment and systems installed in commercial, industrial, & residential buildings. The majority of revenue is derived from the EPCC of solar PV systems.
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