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Techking TiresBJSE:920020 18 ROA % is 10.42% as of Jun. 2026, which is 5% below its 10-year median of 10.99. GuruFocus rates BJSE:920020 with a GF Score™ of 18/100. Among 1,337 Vehicles & Parts companies, Techking Tires ranks better than 86.46% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Techking Tires's annualizedNet Income for the quarter that ended in Jun. 2026 was ¥241 Mil.
Techking Tires's average Total Assets over the quarter that ended in Jun. 2026 was ¥2,317 Mil. Therefore, Techking Tires's annualized ROA % for the quarter that ended in Jun. 2026 was 10.42%.
The historical rank and industry rank for Techking Tires's ROA % or its related term are showing as below:
BJSE:920020'
s ROA % Range Over the Past 10 Years
Min: 7.7 Med: 10.99 Max: 13.34
Current: 9.04
During the past 4 years, Techking Tires's highest ROA % was 13.34%. The lowest was 7.70%. And the median was 10.99%.
BJSE:920020's ROA % is ranked better than 86.46% of 1337
companies
in the Vehicles & Parts industry
Industry Median: 3.17
vs BJSE:920020: 9.04
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 banks 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:
Note:
The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 2026) 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.
Techking Tires ROA % Related Terms
Techking Tires ROA % Historical Data
* Premium members only.
The historical data trend for Techking Tires'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.
Techking Tires ROA % Chart
Techking Tires Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
ROA %
11.96
13.07
10.99
8.92
Techking Tires Quarterly Data
Dec24
Mar25
Mar26
Jun26
ROA %
9.46
8.14
7.19
10.42
BJSE:920020 vs ORLY, AZO, GPC: ROA % Comparison
For the Auto Parts subindustry, Techking Tires'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.
Techking Tires ROA % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Techking Tires's ROA % distribution charts can be found below:
* The bar in red indicates where Techking Tires's ROA % falls into.
* 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 (Jun. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Techking Tires (BJSE:920020) has a ROA % of 10.42% as of Jun. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Techking Tires and its competitors. This is near median its historical median of 10.99. Over the past decade, Techking Tires' ROA % has ranged from 7.70 to 13.34. According to the industry distribution chart, Techking Tires ranks #181 out of 1337 companies in the Vehicles & Parts industry, placing it in the top 13.5%.
Is Techking Tires' ROA % too high?
Techking Tires' current ROA % of 10.42% is near median its 10-year median of 10.99. Over the past 10 years, this metric has ranged from a low of 7.70 to a high of 13.34. The Vehicles & Parts industry median ROA % is 3.17. Techking Tires' value of 10.42% is 228.7% above this industry median. Based on the distribution chart, Techking Tires ranks #181 out of 1337 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Techking Tires has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Techking Tires' ROA % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Techking Tires ranks #181 out of 1337 companies for ROA %. This places Techking Tires in the top 14% of its industry — outperforming the majority of peers. The industry median ROA % is 3.17. Techking Tires' value of 10.42% is 228.7% above this benchmark. Historically, Techking Tires' own ROA % has ranged from 7.70 to 13.34 over the past decade. While the company's 10-year median is 10.99 vs. the industry median of 3.17, Techking Tires has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Vehicles & Parts company?
The median ROA % among Vehicles & Parts companies is 3.17, based on 1,337 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Techking Tires's current ROA % of 10.42% is 228.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Techking Tires and its competitors. For the Vehicles & Parts industry, the median ROA % is 3.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techking Tires's current ROA % is 10.42%, which is near median its own 10-year median of 10.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techking Tires stock overvalued right now?
Techking Tires (BJSE:920020) has a current ROA % of 10.42%. The current ROA % is 10.42%, which is near median its 10-year median of 10.99 and 228.7% above the Vehicles & Parts industry median of 3.17. Techking Tires' overall GF Score™ is 18/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Techking Tires (BJSE:920020), the current ROA % is 10.42% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Techking Tires Ltd is a company specializing in the design, development, sales, and service of tires for mining and construction equipment. The company offers various products and technical services, including tire manufacturing and rubber product sales. It also engages in technical consulting, development, and technology transfer, alongside import and export activities related to goods and technology. Techking serves both domestic and international markets with a focus on providing tires designed for specific applications, supported by an integrated product development system and localized marketing and service teams. The company aims to support the operational needs of the mining and construction industries by offering tailored tire solutions and related technical services.
18GF Score
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