ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Radium Development Bhd's annualizedNet Income for the quarter that ended in Dec. 2024 was RM27.2 Mil.
Radium Development Bhd's average Total Assets over the quarter that ended in Dec. 2024 was RM925.8 Mil. Therefore, Radium Development Bhd's annualized ROA % for the quarter that ended in Dec. 2024 was 2.94%.
The historical rank and industry rank for Radium Development Bhd's ROA % or its related term are showing as below:
XKLS:5313'
s ROA % Range Over the Past 10 Years
Min: 1.49 Med: 10.97 Max: 16.63
Current: 1.54
During the past 6 years, Radium Development Bhd's highest ROA % was 16.63%. The lowest was 1.49%. And the median was 10.97%.
XKLS:5313's ROA % is ranked better than 53.36% of 1814
companies
in the Real Estate industry
Industry Median: 1.26
vs XKLS:5313: 1.54
* 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.
Competitive Comparison of Radium Development Bhd's ROA %
For the Real Estate - Development subindustry, Radium Development 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.
Radium Development Bhd's ROA % Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Radium Development Bhd's ROA % distribution charts can be found below:
* The bar in red indicates where Radium Development Bhd's ROA % falls into.
Radium Development Bhd ROA % Calculation
Radium Development Bhd's annualized ROA % for the fiscal year that ended in Dec. 2024 is calculated as:
* 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.
Radium Development Bhd (XKLS:5313) 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 (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.
Radium Development Bhd ROA % Related Terms
Thank you for viewing the detailed overview of Radium Development Bhd's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.
Radium Development Bhd is a property developer principally involved in the development of high-rise residential properties, focusing on the development of competitively-priced high-rise residential properties in strategic locations in urban Kuala Lumpur. Its high-rise residential property development comprises condominiums, serviced apartments, suite apartments and SOHO units. The company also committed to the development of affordable housing such as Residensi Wilayah and PPAM to support the Government's effort in providing affordable housing to all Malaysian citizens. The company operates in three reportable segments Sales of development properties, Construction contracts, and Sale of goods. The majority of revenue is derived from the Sales of development properties segment.
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