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Sino AG (XTER:XTP) ROA % : -2.89% (As of Sep. 2023)


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What is Sino AG ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Sino AG's annualized Net Income for the quarter that ended in Sep. 2023 was €-0.49 Mil. Sino AG's average Total Assets over the quarter that ended in Sep. 2023 was €16.79 Mil. Therefore, Sino AG's annualized ROA % for the quarter that ended in Sep. 2023 was -2.89%.

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

XTER:XTP' s ROA % Range Over the Past 10 Years
Min: -8.36   Med: 9.8   Max: 161.48
Current: -5.45

During the past 13 years, Sino AG's highest ROA % was 161.48%. The lowest was -8.36%. And the median was 9.80%.

XTER:XTP's ROA % is ranked worse than
83.71% of 798 companies
in the Capital Markets industry
Industry Median: 1.575 vs XTER:XTP: -5.45

Sino AG ROA % Historical Data

The historical data trend for Sino AG'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.

Sino AG ROA % Chart

Sino AG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.36 112.78 161.48 1.09 -5.65

Sino AG Semi-Annual Data
Sep12 Mar13 Sep13 Sep14 Sep15 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 256.90 1.42 -0.33 -7.36 -2.89

Competitive Comparison of Sino AG's ROA %

For the Capital Markets subindustry, Sino AG'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.


Sino AG's ROA % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Sino AG's ROA % distribution charts can be found below:

* The bar in red indicates where Sino AG's ROA % falls into.



Sino AG ROA % Calculation

Sino AG's annualized ROA % for the fiscal year that ended in Sep. 2023 is calculated as:

ROA %=Net Income (A: Sep. 2023 )/( (Total Assets (A: Sep. 2022 )+Total Assets (A: Sep. 2023 ))/ count )
=-1.003/( (21.603+13.911)/ 2 )
=-1.003/17.757
=-5.65 %

Sino AG's annualized ROA % for the quarter that ended in Sep. 2023 is calculated as:

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=-0.486/( (19.671+13.911)/ 2 )
=-0.486/16.791
=-2.89 %

* 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 two times the semi-annual (Sep. 2023) net income data. ROA % is displayed in the 30-year financial page.


Sino AG  (XTER:XTP) 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: Sep. 2023 )
=Net Income/Total Assets
=-0.486/16.791
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.486 / 5.134)*(5.134 / 16.791)
=Net Margin %*Asset Turnover
=-9.47 %*0.3058
=-2.89 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2023) net income data. The Revenue data used here is two times the semi-annual (Sep. 2023) 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.


Sino AG ROA % Related Terms

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Sino AG Business Description

Traded in Other Exchanges
Address
Ernst-Schneider-Platz 1, Dusseldorf, DEU, 40212
Sino AG provides online brokerage services. It provides trading services for stocks, futures, options and other derivatives. The company offers services such as online account opening, stock market information and rules, information package, newsletter subscriptions, and others.
Executives
Ingo Hillen Board of Directors
Dr. Marcus Krumbholz Supervisory Board
Stefan Middelhoff Supervisory Board

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