ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Blue Moon Group Holdings's annualizedNet Income for the quarter that ended in Dec. 2023 was HK$986 Mil.
Blue Moon Group Holdings's average Total Assets over the quarter that ended in Dec. 2023 was HK$11,902 Mil. Therefore, Blue Moon Group Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was 8.28%.
The historical rank and industry rank for Blue Moon Group Holdings's ROA % or its related term are showing as below:
HKSE:06993'
s ROA % Range Over the Past 10 Years
Min: 1.97 Med: 6.69 Max: 23.15
Current: 2.67
During the past 7 years, Blue Moon Group Holdings's highest ROA % was 23.15%. The lowest was 1.97%. And the median was 6.69%.
HKSE:06993's ROA % is ranked worse than 52.26% of 1906
companies
in the Consumer Packaged Goods industry
Industry Median: 3.005
vs HKSE:06993: 2.67
* 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 Blue Moon Group Holdings's ROA %
For the Household & Personal Products subindustry, Blue Moon Group Holdings'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.
Blue Moon Group Holdings's ROA % Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Blue Moon Group Holdings's ROA % distribution charts can be found below:
* The bar in red indicates where Blue Moon Group Holdings's ROA % falls into.
Blue Moon Group Holdings ROA % Calculation
Blue Moon Group Holdings's annualized ROA % for the fiscal year that ended in Dec. 2023 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 two times the semi-annual (Dec. 2023) net income data.
ROA % is displayed in the 30-year financial page.
Blue Moon Group Holdings (HKSE:06993) 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 two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (Dec. 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.
Blue Moon Group Holdings ROA % Related Terms
Thank you for viewing the detailed overview of Blue Moon Group Holdings's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.
Blue Moon Group Holdings (HKSE:06993) Business Description
Blue Moon has a portfolio of market-leading products in three categories: fabric care, personal hygiene, and home care. Fabric care comprises around 85% of the group's revenue. As a pioneer in China's household care market, it holds a leading market share by value in China's liquid laundry detergent and liquid soap markets, as at 2022. Blue Moon is also an early entrant into e-commerce, with the online channel contributing over half of 2022 sales. Most of Blue Moon's core products are marketed under the namesake brand.
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