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AUPU Home Style (SHSE:603551) ROA % : 8.48% (As of Mar. 2024)


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What is AUPU Home Style ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. AUPU Home Style's annualized Net Income for the quarter that ended in Mar. 2024 was ¥208 Mil. AUPU Home Style's average Total Assets over the quarter that ended in Mar. 2024 was ¥2,454 Mil. Therefore, AUPU Home Style's annualized ROA % for the quarter that ended in Mar. 2024 was 8.48%.

The historical rank and industry rank for AUPU Home Style's ROA % or its related term are showing as below:

SHSE:603551' s ROA % Range Over the Past 10 Years
Min: 1.19   Med: 15.33   Max: 26.85
Current: 13.21

During the past 9 years, AUPU Home Style's highest ROA % was 26.85%. The lowest was 1.19%. And the median was 15.33%.

SHSE:603551's ROA % is ranked better than
94.3% of 421 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 3.15 vs SHSE:603551: 13.21

AUPU Home Style ROA % Historical Data

The historical data trend for AUPU Home Style'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.

AUPU Home Style ROA % Chart

AUPU Home Style Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial Premium Member Only 15.33 8.46 1.19 9.60 12.64

AUPU Home Style Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.92 16.32 13.10 15.25 8.48

Competitive Comparison of AUPU Home Style's ROA %

For the Furnishings, Fixtures & Appliances subindustry, AUPU Home Style'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.


AUPU Home Style's ROA % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, AUPU Home Style's ROA % distribution charts can be found below:

* The bar in red indicates where AUPU Home Style's ROA % falls into.



AUPU Home Style ROA % Calculation

AUPU Home Style'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 )
=309.32/( (2403.865+2489.639)/ 2 )
=309.32/2446.752
=12.64 %

AUPU Home Style's annualized ROA % for the quarter that ended in Mar. 2024 is calculated as:

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=208.148/( (2489.639+2418.595)/ 2 )
=208.148/2454.117
=8.48 %

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


AUPU Home Style  (SHSE:603551) 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: Mar. 2024 )
=Net Income/Total Assets
=208.148/2454.117
=(Net Income / Revenue)*(Revenue / Total Assets)
=(208.148 / 1525.776)*(1525.776 / 2454.117)
=Net Margin %*Asset Turnover
=13.64 %*0.6217
=8.48 %

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


AUPU Home Style ROA % Related Terms

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AUPU Home Style (SHSE:603551) Business Description

Traded in Other Exchanges
N/A
Address
No. 210, 21st Avenue, Economic and Technological Development Zone, Zhejiang Province, Hangzhou, CHN, 310018
AUPU Home Style Corp Ltd is engaged in manufacturing of integrated ceiling and other household products. The company manufactures and sells household bathroom appliances, ventilation replacement equipment, heating and cooling equipment, integrated ceilings, household electrical appliances, home decoration materials, metal products, metal materials, home kitchen appliances, integrated stoves, kitchenware products, sinks, cabinets, wood plastic products, home decoration materials, lighting appliances, smart home products, electronic products and accessories, electrical switches, sanitary ware, furniture, and provides installation, after-sales maintenance services.
Executives
Zhang Xin Yu senior management
Fang Guo Liang senior management
Lu Hua Feng Supervisors
Liu Wen Long Director

AUPU Home Style (SHSE:603551) Headlines

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