Alpha and Omega Semiconductor Ltd (AOSL)

Return on assets (ROA)

Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020
Net income (ttm) US$ in thousands -96,976 -22,649 -23,054 -19,363 -11,081 -9,453 -15,668 -6,408 13,844 30,039 79,116 455,777 453,163 457,611 442,061 71,966 58,116 38,472 15,877 1,969
Total assets US$ in thousands 1,032,690,000 1,116,370 1,133,940 1,137,620 1,145,010 1,154,050 1,176,350 1,206,370 1,199,740 1,253,310 1,285,640 1,311,440 1,298,630 1,209,170 1,111,880 991,678 918,573 874,391 853,165 811,748
ROA -0.01% -2.03% -2.03% -1.70% -0.97% -0.82% -1.33% -0.53% 1.15% 2.40% 6.15% 34.75% 34.90% 37.85% 39.76% 7.26% 6.33% 4.40% 1.86% 0.24%

June 30, 2025 calculation

ROA = Net income (ttm) ÷ Total assets
= $-96,976K ÷ $1,032,690,000K
= -0.01%

The return on assets (ROA) for Alpha and Omega Semiconductor Ltd reflects a marked fluctuation over the observed period. During the fiscal year ending September 30, 2020, the ROA was notably low at 0.24%, indicating minimal efficiency in generating profit from the company’s assets at that time. The subsequent quarter, ending December 31, 2020, exhibited a substantial increase to 1.86%, and this upward trajectory continued into March 31, 2021, reaching 4.40%. The company maintained a steady improvement through June 30, 2021, with ROA rising to 6.33%, and further progressing to 7.26% by September 30, 2021.

A significant escalation was observed in the fiscal year ending December 31, 2021, where ROA surged to a peak of 39.76%. This remarkable rise suggests a period of highly efficient asset utilization and profitability. However, this elevated ROA was not sustained, and subsequent quarters showed considerable declines, with ROA decreasing to 37.85% by March 31, 2022, then gradually declining to 34.90% on June 30, 2022, and remaining relatively stable around 34.75% by September 30, 2022.

Starting from late 2022, the ROA exhibited a downward trend. It fell sharply to 6.15% at the end of December 2022, followed by continued reductions to 2.40% in March 2023, and 1.15% in June 2023. The decline persisted into September 2023, with the ROA turning negative at -0.53%. This negative figure persisted, deepening to -1.33% by December 2023, and further declining to -0.82% in March 2024 and -0.97% in June 2024. The negative trend continued in subsequent quarters, reaching -1.70% on September 30, 2024, and worsening to -2.03% by December 2024 and March 2025. Near the end of this period, there was an indication of slight improvement, with the ROA approaching close to zero at -0.01% on June 30, 2025.

Overall, the historical data depict a period of exceptional profitability in late 2021, followed by a significant decline starting in late 2022. The transition from positive to negative ROA indicates diminished asset efficiency and profitability, which could be attributable to various operational or market factors affecting the company's performance in recent periods.


Peer comparison

Jun 30, 2025

Company name
Symbol
ROA
Alpha and Omega Semiconductor Ltd
AOSL
-0.01%
Micron Technology Inc
MU
10.31%