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STX Offshore & Shipbuilding Co., (XKRX:067250) ROA % : -85.96% (As of Dec. 2013)


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What is STX Offshore & Shipbuilding Co., ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. STX Offshore & Shipbuilding Co.,'s annualized Net Income for the quarter that ended in Dec. 2013 was ₩-6,838,840 Mil. STX Offshore & Shipbuilding Co.,'s average Total Assets over the quarter that ended in Dec. 2013 was ₩7,955,769 Mil. Therefore, STX Offshore & Shipbuilding Co.,'s annualized ROA % for the quarter that ended in Dec. 2013 was -85.96%.

The historical rank and industry rank for STX Offshore & Shipbuilding Co.,'s ROA % or its related term are showing as below:

XKRX:067250's ROA % is not ranked *
in the Industrial Products industry.
Industry Median: 3.585
* Ranked among companies with meaningful ROA % only.

STX Offshore & Shipbuilding Co., ROA % Historical Data

The historical data trend for STX Offshore & Shipbuilding 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.

STX Offshore & Shipbuilding Co., ROA % Chart

STX Offshore & Shipbuilding Co., Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
ROA %
Get a 7-Day Free Trial -0.90 -0.36 0.56 -4.93 -36.57

STX Offshore & Shipbuilding Co., Quarterly Data
Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
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 -12.09 -16.86 -55.17 -22.99 -85.96

Competitive Comparison of STX Offshore & Shipbuilding Co.,'s ROA %

For the Specialty Industrial Machinery subindustry, STX Offshore & Shipbuilding 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.


STX Offshore & Shipbuilding Co.,'s ROA % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, STX Offshore & Shipbuilding Co.,'s ROA % distribution charts can be found below:

* The bar in red indicates where STX Offshore & Shipbuilding Co.,'s ROA % falls into.



STX Offshore & Shipbuilding Co., ROA % Calculation

STX Offshore & Shipbuilding Co.,'s annualized ROA % for the fiscal year that ended in Dec. 2013 is calculated as:

ROA %=Net Income (A: Dec. 2013 )/( (Total Assets (A: Dec. 2012 )+Total Assets (A: Dec. 2013 ))/ count )
=-3880365/( (13511917+7709160)/ 2 )
=-3880365/10610538.5
=-36.57 %

STX Offshore & Shipbuilding Co.,'s annualized ROA % for the quarter that ended in Dec. 2013 is calculated as:

ROA %=Net Income (Q: Dec. 2013 )/( (Total Assets (Q: Sep. 2013 )+Total Assets (Q: Dec. 2013 ))/ count )
=-6838840/( (8202378+7709160)/ 2 )
=-6838840/7955769
=-85.96 %

* 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. 2013) net income data. ROA % is displayed in the 30-year financial page.


STX Offshore & Shipbuilding Co.,  (XKRX:067250) 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. 2013 )
=Net Income/Total Assets
=-6838840/7955769
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-6838840 / 3676040)*(3676040 / 7955769)
=Net Margin %*Asset Turnover
=-186.04 %*0.4621
=-85.96 %

Note: The Net Income data used here is four times the quarterly (Dec. 2013) net income data. The Revenue data used here is four times the quarterly (Dec. 2013) 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.


STX Offshore & Shipbuilding Co., ROA % Related Terms

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STX Offshore & Shipbuilding Co., (XKRX:067250) Business Description

Traded in Other Exchanges
N/A
Address
100, Wonpo-Dong, Jinhae-Gu, Changwon, KOR, 645-703
STX Offshore & Shipbuilding Co., Ltd. was founded in 1967 and became a subsidiary of STX Group in 2001. The company builds and repairs various types of large ships. The company was recognized for its high export sales and its high quality-products.

STX Offshore & Shipbuilding Co., (XKRX:067250) Headlines

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