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Sambo Motors Co (XKRX:053700) ROA % : 4.86% (As of Mar. 2024)


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What is Sambo Motors Co ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Sambo Motors Co's annualized Net Income for the quarter that ended in Mar. 2024 was ₩51,173 Mil. Sambo Motors Co's average Total Assets over the quarter that ended in Mar. 2024 was ₩1,053,434 Mil. Therefore, Sambo Motors Co's annualized ROA % for the quarter that ended in Mar. 2024 was 4.86%.

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

XKRX:053700' s ROA % Range Over the Past 10 Years
Min: -2   Med: 2.05   Max: 3.22
Current: 3.22

During the past 13 years, Sambo Motors Co's highest ROA % was 3.22%. The lowest was -2.00%. And the median was 2.05%.

XKRX:053700's ROA % is ranked worse than
51.31% of 1298 companies
in the Vehicles & Parts industry
Industry Median: 3.345 vs XKRX:053700: 3.22

Sambo Motors Co ROA % Historical Data

The historical data trend for Sambo Motors 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.

Sambo Motors Co ROA % Chart

Sambo Motors Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.00 -0.80 1.62 2.58 3.13

Sambo Motors Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.18 1.28 5.43 1.14 4.86

Competitive Comparison of Sambo Motors Co's ROA %

For the Auto Parts subindustry, Sambo Motors 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.


Sambo Motors Co's ROA % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sambo Motors Co's ROA % distribution charts can be found below:

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



Sambo Motors Co ROA % Calculation

Sambo Motors Co'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 )
=29804.016/( (864519.669+1037465.852)/ 2 )
=29804.016/950992.7605
=3.13 %

Sambo Motors Co's annualized ROA % for the quarter that ended in Mar. 2024 is calculated as:

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=51172.94/( (1037465.852+1069402.926)/ 2 )
=51172.94/1053434.389
=4.86 %

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


Sambo Motors Co  (XKRX:053700) 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: Mar. 2024 )
=Net Income/Total Assets
=51172.94/1053434.389
=(Net Income / Revenue)*(Revenue / Total Assets)
=(51172.94 / 1481939.168)*(1481939.168 / 1053434.389)
=Net Margin %*Asset Turnover
=3.45 %*1.4068
=4.86 %

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


Sambo Motors Co ROA % Related Terms

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Sambo Motors Co (XKRX:053700) Business Description

Traded in Other Exchanges
N/A
Address
1080-3, Woram-Dong, Dalseo-Gu, Daegu, KOR, 704-833
Sambo Motors Co Ltd manufactures automobile parts. The company offers transmission parts, engine parts, and fuel parts. It provides its products to Hyundai, Kia Motors, GM Daewoo, and BorgWarner, among others.

Sambo Motors Co (XKRX:053700) Headlines

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