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SenseTime Group (HKSE:00020) ROA % : -19.37% (As of Dec. 2023)


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What is SenseTime Group ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. SenseTime Group's annualized Net Income for the quarter that ended in Dec. 2023 was HK$-7,257 Mil. SenseTime Group's average Total Assets over the quarter that ended in Dec. 2023 was HK$37,456 Mil. Therefore, SenseTime Group's annualized ROA % for the quarter that ended in Dec. 2023 was -19.37%.

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

HKSE:00020' s ROA % Range Over the Past 10 Years
Min: -46.2   Med: -22.15   Max: -15.51
Current: -18.11

During the past 6 years, SenseTime Group's highest ROA % was -15.51%. The lowest was -46.20%. And the median was -22.15%.

HKSE:00020's ROA % is ranked worse than
78.89% of 2823 companies
in the Software industry
Industry Median: 1.01 vs HKSE:00020: -18.11

SenseTime Group ROA % Historical Data

The historical data trend for SenseTime Group'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.

SenseTime Group ROA % Chart

SenseTime Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial -24.06 -39.89 -46.20 -15.51 -18.12

SenseTime Group Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only -78.19 -16.78 -15.21 -16.92 -19.37

Competitive Comparison of SenseTime Group's ROA %

For the Software - Application subindustry, SenseTime Group'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.


SenseTime Group's ROA % Distribution in the Software Industry

For the Software industry and Technology sector, SenseTime Group's ROA % distribution charts can be found below:

* The bar in red indicates where SenseTime Group's ROA % falls into.



SenseTime Group ROA % Calculation

SenseTime Group'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 )
=-7044.11/( (41795.274+35972.226)/ 2 )
=-7044.11/38883.75
=-18.12 %

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

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-7257.036/( (38940.108+35972.226)/ 2 )
=-7257.036/37456.167
=-19.37 %

* 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.


SenseTime Group  (HKSE:00020) 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
=-7257.036/37456.167
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-7257.036 / 4315.438)*(4315.438 / 37456.167)
=Net Margin %*Asset Turnover
=-168.16 %*0.1152
=-19.37 %

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.


SenseTime Group ROA % Related Terms

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SenseTime Group (HKSE:00020) Business Description

Traded in Other Exchanges
Address
No. 1900 Hongmei Road, Xuhui District, Shanghai, CHN, 200233
SenseTime Group Inc is a software company focused on creating an AI-empowered future through innovation. The Company develops software & hardware products for different industry verticals and use cases based on the same AI infrastructure platform & model training framework. The principal activities of the Group are the sale of advanced AI software, the sale of AI software platform & related services, the sale of AI software-embedded hardware and related services, AIDC service as well as research and development activities in relation to AI technologyThe Company is domiciled in the Cayman Islands while the Group mainly operates its businesses in four geographical areas of the world Mainland China, Northeast Asia, Southeast Asia, and others, out of which the majority is from Mainland China.

SenseTime Group (HKSE:00020) Headlines

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