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HHG Capital (HHG Capital) ROA % : 4.69% (As of Dec. 2023)


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What is HHG Capital ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. HHG Capital's annualized Net Income for the quarter that ended in Dec. 2023 was $1.67 Mil. HHG Capital's average Total Assets over the quarter that ended in Dec. 2023 was $35.61 Mil. Therefore, HHG Capital's annualized ROA % for the quarter that ended in Dec. 2023 was 4.69%.

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

HHGC' s ROA % Range Over the Past 10 Years
Min: -0.48   Med: 0.13   Max: 3.89
Current: 3.89

During the past 4 years, HHG Capital's highest ROA % was 3.89%. The lowest was -0.48%. And the median was 0.13%.

HHGC's ROA % is ranked better than
91.12% of 608 companies
in the Diversified Financial Services industry
Industry Median: -0.885 vs HHGC: 3.89

HHG Capital ROA % Historical Data

The historical data trend for HHG Capital'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.

HHG Capital ROA % Chart

HHG Capital Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROA %
- -0.48 0.13 3.88

HHG Capital Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.77 3.03 2.26 5.58 4.69

Competitive Comparison of HHG Capital's ROA %

For the Shell Companies subindustry, HHG Capital'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.


HHG Capital's ROA % Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where HHG Capital's ROA % falls into.



HHG Capital ROA % Calculation

HHG Capital'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 )
=1.373/( (34.789+35.938)/ 2 )
=1.373/35.3635
=3.88 %

HHG Capital's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=1.672/( (35.288+35.938)/ 2 )
=1.672/35.613
=4.69 %

* 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. 2023) net income data. ROA % is displayed in the 30-year financial page.


HHG Capital  (NAS:HHGC) 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. 2023 )
=Net Income/Total Assets
=1.672/35.613
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1.672 / 0)*(0 / 35.613)
=Net Margin %*Asset Turnover
=N/A %*0
=4.69 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (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.


HHG Capital ROA % Related Terms

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HHG Capital (HHG Capital) Business Description

Traded in Other Exchanges
N/A
Address
1 Commonwealth Lane, No. 03-20, Singapore, SGP, 149544
Website
HHG Capital Corp is a blank check company.
Executives
Ho Hock Lye Benjamin director C/O HHG CAPITAL CORPORATION, 1 COMMONWEALTH LANE, #03-20, SINGAPORE U0 149544
Siang Yong Chew director C/O HHG CAPITAL CORPORATION, 1 COMMONWEALTH LANE, #03-20, SINGAPORE U0 149544
Denise Cho director FLAT 26-C, TOWER 1, THE WATERFRONT,, 1 AUSTIN ROAD WEST, TST, KOWLOON, HONG KONG SAR F4 000000
Kok Wai Hooy 10 percent owner HOUSE 11, ASTRID HILL, SINGAPORE U0 269935
Chan Shuk Man Lora officer: Chief Financial Officer FT E, 17/F, BLK 8, THE WINGS,, 9 TONG YIN ST, TSEUNG KWAN O, N.T., HONG KONG F4 00000
Weiyi Di director 33 CAPE ROAD,, BLOCK AM CHUNG HOM KOK,, HONG KONG F4 00000
Wing Yin Hau director G/F, H23 HO SHEUNG HEUNG VILLAGE,, SHEUNG SHUI, N.T., HONG KONG F4 00000
Ting Tzu Fei Philip director 71, JALAN KUDALARI,, COUNTRY HEIGHTS, KAJANG, SELANGOR N8 43000
Kok Chee Shiong Keith director, officer: Chief Executive Officer 73 LORONG BULOH PERINDU 2, DAMANSARA HEIGHTS, KUALA LUMPUR N8 59000

HHG Capital (HHG Capital) Headlines

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