Alpha and Omega Semiconductor Ltd (AOSL)

Return on assets (ROA)

		Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Net income	US$ in thousands	-96,976	-11,081	12,364	453,163	58,116
Total assets	US$ in thousands	1,032,690	1,145,010	1,199,740	1,298,630	918,573
ROA		-9.39%	-0.97%	1.03%	34.90%	6.33%

June 30, 2025 calculation

ROA = Net income ÷ Total assets
= $-96,976K ÷ $1,032,690K
= -9.39%

The return on assets (ROA) for Alpha and Omega Semiconductor Ltd demonstrates significant fluctuations over the examined period. As of June 30, 2021, the company's ROA was recorded at 6.33%, indicating a modest level of efficiency in generating earnings relative to its total assets. By June 30, 2022, the ROA experienced a remarkable increase to 34.90%, suggesting a substantial improvement in asset utilization and profitability during this year. However, this elevated performance was not sustained; by June 30, 2023, the ROA sharply declined to 1.03%, reflecting a significant deterioration in the company's efficiency in converting its assets into earnings. The downward trend continued into subsequent years, with the ROA turning negative, registering at -0.97% as of June 30, 2024, and further declining to -9.39% by June 30, 2025. These negative values indicate that the company was incurring losses relative to its asset base, pointing to potential operational challenges or declining profitability. Overall, the data depicts a period marked by a peak in asset efficiency followed by a sustained downturn, culminating in negative returns on assets in the most recent years, which warrants further investigation into the underlying causes and strategic responses of the company.