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Jahen Household Products Co (SZSE:300955) ROA % : -0.69% (As of Mar. 2024)


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What is Jahen Household Products Co ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Jahen Household Products Co's annualized Net Income for the quarter that ended in Mar. 2024 was ¥-12 Mil. Jahen Household Products Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥1,697 Mil. Therefore, Jahen Household Products Co's annualized ROA % for the quarter that ended in Mar. 2024 was -0.69%.

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

SZSE:300955' s ROA % Range Over the Past 10 Years
Min: 1.91   Med: 7.43   Max: 11.59
Current: 1.91

During the past 7 years, Jahen Household Products Co's highest ROA % was 11.59%. The lowest was 1.91%. And the median was 7.43%.

SZSE:300955's ROA % is ranked worse than
60.98% of 387 companies
in the Packaging & Containers industry
Industry Median: 3.27 vs SZSE:300955: 1.91

Jahen Household Products Co ROA % Historical Data

The historical data trend for Jahen Household Products 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.

Jahen Household Products Co ROA % Chart

Jahen Household Products Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial 9.48 11.59 8.55 4.81 2.48

Jahen Household Products Co Quarterly Data
Dec18 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 1.40 2.04 2.98 3.30 -0.69

Competitive Comparison of Jahen Household Products Co's ROA %

For the Packaging & Containers subindustry, Jahen Household Products 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.


Jahen Household Products Co's ROA % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Jahen Household Products Co's ROA % distribution charts can be found below:

* The bar in red indicates where Jahen Household Products Co's ROA % falls into.



Jahen Household Products Co ROA % Calculation

Jahen Household Products Co'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 )
=40.164/( (1541.261+1693.032)/ 2 )
=40.164/1617.1465
=2.48 %

Jahen Household Products Co'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 )
=-11.648/( (1693.032+1701.163)/ 2 )
=-11.648/1697.0975
=-0.69 %

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


Jahen Household Products Co  (SZSE:300955) 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
=-11.648/1697.0975
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-11.648 / 813.532)*(813.532 / 1697.0975)
=Net Margin %*Asset Turnover
=-1.43 %*0.4794
=-0.69 %

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.


Jahen Household Products Co ROA % Related Terms

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Jahen Household Products Co (SZSE:300955) Business Description

Traded in Other Exchanges
N/A
Address
Jiangnan Torch Industrial Zone, Licheng District, Fujian Province, Quanzhou, CHN, 362005
Jahen Household Products Co Ltd is a comprehensive service company specializing in the research and development and production of OEM/ODM of daily chemical products and plastic packaging containers. It also produces and sells daily necessities, cosmetics, and other products.

Jahen Household Products Co (SZSE:300955) Headlines

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