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Central Retail PCL (BKK:CRC) ROA % : 4.42% (As of Dec. 2023)


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What is Central Retail PCL ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Central Retail PCL's annualized Net Income for the quarter that ended in Dec. 2023 was ฿12,553 Mil. Central Retail PCL's average Total Assets over the quarter that ended in Dec. 2023 was ฿284,164 Mil. Therefore, Central Retail PCL's annualized ROA % for the quarter that ended in Dec. 2023 was 4.42%.

The historical rank and industry rank for Central Retail PCL's ROA % or its related term are showing as below:

BKK:CRC' s ROA % Range Over the Past 10 Years
Min: 0.02   Med: 2.28   Max: 5.89
Current: 2.87

During the past 8 years, Central Retail PCL's highest ROA % was 5.89%. The lowest was 0.02%. And the median was 2.28%.

BKK:CRC's ROA % is ranked better than
55.55% of 1118 companies
in the Retail - Cyclical industry
Industry Median: 2.165 vs BKK:CRC: 2.87

Central Retail PCL ROA % Historical Data

The historical data trend for Central Retail PCL'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.

Central Retail PCL ROA % Chart

Central Retail PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial 5.89 0.02 0.02 2.66 2.85

Central Retail PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.84 3.16 2.28 1.64 4.42

Competitive Comparison of Central Retail PCL's ROA %

For the Department Stores subindustry, Central Retail PCL'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.


Central Retail PCL's ROA % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Central Retail PCL's ROA % distribution charts can be found below:

* The bar in red indicates where Central Retail PCL's ROA % falls into.



Central Retail PCL ROA % Calculation

Central Retail PCL'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 )
=8016.309/( (275984.437+287097.106)/ 2 )
=8016.309/281540.7715
=2.85 %

Central Retail PCL'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 )
=12553.24/( (281231.397+287097.106)/ 2 )
=12553.24/284164.2515
=4.42 %

* 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.


Central Retail PCL  (BKK:CRC) 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
=12553.24/284164.2515
=(Net Income / Revenue)*(Revenue / Total Assets)
=(12553.24 / 244411.724)*(244411.724 / 284164.2515)
=Net Margin %*Asset Turnover
=5.14 %*0.8601
=4.42 %

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.


Central Retail PCL ROA % Related Terms

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Central Retail PCL (BKK:CRC) Business Description

Traded in Other Exchanges
Address
22 Soi Somkid, Ploenchit Road, Kwang Lumpini, Khet Phathumvan, Bangkok, THA, 10330
Central Retail Corp PCL is a multi-format & multi-category retailing platform in Thailand. It is a pioneer in omnichannel retailing in Thailand, complementing its retail store network & merchandise offerings with positions among store-based retailers in online traffic. The company uses the Central trademarks, service marks, & tradenames in business operations under certain licensing agreements. The company has introduced new retail formats to the customer, including department stores, specialty stores, supermarkets, hypermarkets, convenience stores & retail plazas. It operates under a diverse slate of retail banners divided into three segments, namely, Hardline, Food Products & Fashion. The majority is generated from Food Products. Geographically, the majority of revenue is from Thailand.