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Maison Solutions (Maison Solutions) ROA % : -5.07% (As of Jan. 2024)


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What is Maison Solutions ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Maison Solutions's annualized Net Income for the quarter that ended in Jan. 2024 was $-2.20 Mil. Maison Solutions's average Total Assets over the quarter that ended in Jan. 2024 was $43.27 Mil. Therefore, Maison Solutions's annualized ROA % for the quarter that ended in Jan. 2024 was -5.07%.

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

MSS' s ROA % Range Over the Past 10 Years
Min: -2.28   Med: 3.89   Max: 4.13
Current: -0.63

During the past 3 years, Maison Solutions's highest ROA % was 4.13%. The lowest was -2.28%. And the median was 3.89%.

MSS's ROA % is ranked worse than
81.85% of 314 companies
in the Retail - Defensive industry
Industry Median: 3.415 vs MSS: -0.63

Maison Solutions ROA % Historical Data

The historical data trend for Maison Solutions'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.

Maison Solutions ROA % Chart

Maison Solutions Annual Data
Trend Apr21 Apr22 Apr23
ROA %
3.89 -2.28 4.13

Maison Solutions Quarterly Data
Apr21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 12.92 4.08 -1.23 0.96 -5.07

Competitive Comparison of Maison Solutions's ROA %

For the Grocery Stores subindustry, Maison Solutions'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.


Maison Solutions's ROA % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Maison Solutions's ROA % distribution charts can be found below:

* The bar in red indicates where Maison Solutions's ROA % falls into.



Maison Solutions ROA % Calculation

Maison Solutions's annualized ROA % for the fiscal year that ended in Apr. 2023 is calculated as:

ROA %=Net Income (A: Apr. 2023 )/( (Total Assets (A: Apr. 2022 )+Total Assets (A: Apr. 2023 ))/ count )
=1.252/( (26.1+34.584)/ 2 )
=1.252/30.342
=4.13 %

Maison Solutions's annualized ROA % for the quarter that ended in Jan. 2024 is calculated as:

ROA %=Net Income (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=-2.196/( (42.346+44.2)/ 2 )
=-2.196/43.273
=-5.07 %

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


Maison Solutions  (NAS:MSS) 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: Jan. 2024 )
=Net Income/Total Assets
=-2.196/43.273
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.196 / 54.392)*(54.392 / 43.273)
=Net Margin %*Asset Turnover
=-4.04 %*1.257
=-5.07 %

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


Maison Solutions ROA % Related Terms

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Maison Solutions (Maison Solutions) Business Description

Traded in Other Exchanges
N/A
Address
127 N Garfield Avenue, Monterey Park, CA, USA, 91754
Maison Solutions Inc is a fast-growing, specialty grocery retailer offering traditional Asian food and merchandise to modern U.S. consumers, in particular to the members of Asian-American communities. It is committed to providing Asian fresh produce, meat, seafood, and other daily necessities in a manner that caters to traditional Asian-American family values and cultural norms, while also accounting for the new and faster-paced lifestyle of younger generations and the diverse communities in which it operates. The company's merchandise includes fresh and unique produce, meats, seafood and other groceries that are not found in mainstream supermarkets, including a variety of Asian vegetables and fruits such as broccoli, bitter melon, winter gourd, Shanghai baby bok choy, longan and lychee.
Executives
Bin Wang director 112 RICO DR. NORTH, MORGANVILLE NJ 07751
Tao Han officer: Chief Operating Officer 127 N GARFIELD AVE, MONTEREY PARK CA 91754
John Xu director, 10 percent owner, officer: President and CEO 127 N GARFIELD AVE, MONTEREY PARK CA 91754
Alexandria M. Lopez director, officer: Chief Financial Officer 127 N GARFIELD AVE, MONTEREY PARK CA 91754
Xiaoxia Zhang director 127 N GARFIELD AVE, MONTEREY PARK CA 91754
Mark W. Willis director 127 N GARFIELD AVE, MONTEREY PARK CA 91754

Maison Solutions (Maison Solutions) Headlines

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