GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Vizione Holdings Bhd (XKLS:7070) » Definitions » ROA %

Vizione Holdings Bhd (XKLS:7070) ROA % : 0.25% (As of Feb. 2024)


View and export this data going back to 1999. Start your Free Trial

What is Vizione Holdings Bhd ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Vizione Holdings Bhd's annualized Net Income for the quarter that ended in Feb. 2024 was RM2.0 Mil. Vizione Holdings Bhd's average Total Assets over the quarter that ended in Feb. 2024 was RM820.9 Mil. Therefore, Vizione Holdings Bhd's annualized ROA % for the quarter that ended in Feb. 2024 was 0.25%.

The historical rank and industry rank for Vizione Holdings Bhd's ROA % or its related term are showing as below:

XKLS:7070' s ROA % Range Over the Past 10 Years
Min: -109.44   Med: 0.36   Max: 8.56
Current: 0.1

During the past 13 years, Vizione Holdings Bhd's highest ROA % was 8.56%. The lowest was -109.44%. And the median was 0.36%.

XKLS:7070's ROA % is ranked worse than
61.15% of 1830 companies
in the Real Estate industry
Industry Median: 1.09 vs XKLS:7070: 0.10

Vizione Holdings Bhd ROA % Historical Data

The historical data trend for Vizione Holdings Bhd'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.

Vizione Holdings Bhd ROA % Chart

Vizione Holdings Bhd Annual Data
Trend Dec10 Dec11 Dec12 Dec13 May15 May16 May17 May18 May19 Nov21
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 1.11 5.81 8.56 -10.09

Vizione Holdings Bhd Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 Aug20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Feb23 Aug23 Nov23 Feb24
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 -3.39 -2.42 0.06 0.10 0.25

Competitive Comparison of Vizione Holdings Bhd's ROA %

For the Real Estate - Development subindustry, Vizione Holdings Bhd'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.


Vizione Holdings Bhd's ROA % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Vizione Holdings Bhd's ROA % distribution charts can be found below:

* The bar in red indicates where Vizione Holdings Bhd's ROA % falls into.



Vizione Holdings Bhd ROA % Calculation

Vizione Holdings Bhd's annualized ROA % for the fiscal year that ended in Nov. 2021 is calculated as:

ROA %=Net Income (A: Nov. 2021 )/( (Total Assets (A: May. 2019 )+Total Assets (A: Nov. 2021 ))/ count )
=-85.579/( (857.587+839.371)/ 2 )
=-85.579/848.479
=-10.09 %

Vizione Holdings Bhd's annualized ROA % for the quarter that ended in Feb. 2024 is calculated as:

ROA %=Net Income (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=2.016/( (824.408+817.344)/ 2 )
=2.016/820.876
=0.25 %

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


Vizione Holdings Bhd  (XKLS:7070) 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: Feb. 2024 )
=Net Income/Total Assets
=2.016/820.876
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2.016 / 204.612)*(204.612 / 820.876)
=Net Margin %*Asset Turnover
=0.99 %*0.2493
=0.25 %

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


Vizione Holdings Bhd ROA % Related Terms

Thank you for viewing the detailed overview of Vizione Holdings Bhd's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Vizione Holdings Bhd (XKLS:7070) Business Description

Traded in Other Exchanges
N/A
Address
No. 16A, Persiaran Barat, Level 22, PJX?HM Shah Tower, Petaling Jaya, SGR, MYS, 46050
Vizione Holdings Bhd is an investment holding company. The company's segments include Construction, Property Development, Healthcare, and Others. The majority of its revenue is derived from the Construction segment, which is into Sub-contracting of electrical, building, and civil works for the construction projects. Property development is into the development of residential and commercial properties. The healthcare segment is into the manufacturing and trading of contraceptive products and rubber gloves.

Vizione Holdings Bhd (XKLS:7070) Headlines

No Headlines