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Pungkang Co (XKRX:093380) ROA % : -0.78% (As of Nov. 2024)


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What is Pungkang Co ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Pungkang Co's annualized Net Income for the quarter that ended in Nov. 2024 was ₩-715 Mil. Pungkang Co's average Total Assets over the quarter that ended in Nov. 2024 was ₩91,407 Mil. Therefore, Pungkang Co's annualized ROA % for the quarter that ended in Nov. 2024 was -0.78%.

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

XKRX:093380' s ROA % Range Over the Past 10 Years
Min: -1.31   Med: 2.49   Max: 6.19
Current: -1.31

During the past 13 years, Pungkang Co's highest ROA % was 6.19%. The lowest was -1.31%. And the median was 2.49%.

XKRX:093380's ROA % is ranked worse than
79.65% of 1317 companies
in the Vehicles & Parts industry
Industry Median: 3.1 vs XKRX:093380: -1.31

Pungkang Co ROA % Historical Data

The historical data trend for Pungkang 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.

Pungkang Co ROA % Chart

Pungkang Co Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 5.15 4.78 6.19 -1.08

Pungkang Co Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 0.23 -0.04 5.54 -10.00 -0.78

Competitive Comparison of Pungkang Co's ROA %

For the Auto Parts subindustry, Pungkang 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.


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

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

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



Pungkang Co ROA % Calculation

Pungkang Co's annualized ROA % for the fiscal year that ended in Aug. 2024 is calculated as:

ROA %=Net Income (A: Aug. 2024 )/( (Total Assets (A: Aug. 2023 )+Total Assets (A: Aug. 2024 ))/ count )
=-980.684/( (90996.58+91015.825)/ 2 )
=-980.684/91006.2025
=-1.08 %

Pungkang Co's annualized ROA % for the quarter that ended in Nov. 2024 is calculated as:

ROA %=Net Income (Q: Nov. 2024 )/( (Total Assets (Q: Aug. 2024 )+Total Assets (Q: Nov. 2024 ))/ count )
=-715.208/( (91015.825+91797.541)/ 2 )
=-715.208/91406.683
=-0.78 %

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


Pungkang Co  (XKRX:093380) 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: Nov. 2024 )
=Net Income/Total Assets
=-715.208/91406.683
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-715.208 / 89930.3)*(89930.3 / 91406.683)
=Net Margin %*Asset Turnover
=-0.8 %*0.9838
=-0.78 %

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


Pungkang Co ROA % Related Terms

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Pungkang Co Business Description

Traded in Other Exchanges
N/A
Address
745 Namyangman-ro, Ujeong-eup, Gyeonggi, Hwasung-si, KOR
Pungkang Co Ltd is a South Korea based company engaged in manufacturing and selling automotive parts. Its products include weld nuts, lock nuts, flange nuts, wheel nuts, plate nuts, conical nuts, and hex nuts. The company supplies its products to automobile manufacturers, such as Hyundai Motor, Kia Motors, and Daewoo Motor.

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