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Qiao Luming Technology CoBJSE:920079 20 ROA % is 12.75% as of Jun. 2026, which is 2% below its 10-year median of 13.04. GuruFocus rates BJSE:920079 with a GF Score™ of 20/100. The stock has 2 warning signs investors should review. Among 1,329 Vehicles & Parts companies, Qiao Luming Technology Co ranks better than 93.23% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Qiao Luming Technology Co's annualizedNet Income for the quarter that ended in Jun. 2026 was ¥474 Mil.
Qiao Luming Technology Co's average Total Assets over the quarter that ended in Jun. 2026 was ¥3,719 Mil. Therefore, Qiao Luming Technology Co's annualized ROA % for the quarter that ended in Jun. 2026 was 12.75%.
The historical rank and industry rank for Qiao Luming Technology Co's ROA % or its related term are showing as below:
BJSE:920079'
s ROA % Range Over the Past 10 Years
Min: 6.16 Med: 13.04 Max: 14.62
Current: 12.29
During the past 6 years, Qiao Luming Technology Co's highest ROA % was 14.62%. The lowest was 6.16%. And the median was 13.04%.
BJSE:920079's ROA % is ranked better than 93.23% of 1329
companies
in the Vehicles & Parts industry
Industry Median: 3.17
vs BJSE:920079: 12.29
Qiao Luming Technology Co (BJSE:920079) 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 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.
* 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.
For the Auto Parts subindustry, Qiao Luming Technology Co'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.
Qiao Luming Technology Co ROA % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Qiao Luming Technology Co's ROA % distribution charts can be found below:
* The bar in red indicates where Qiao Luming Technology Co'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.
Qiao Luming Technology Co (BJSE:920079) has a ROA % of 12.75% 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 Qiao Luming Technology Co and its competitors. This is near median its historical median of 13.04. Over the past decade, Qiao Luming Technology Co's ROA % has ranged from 6.16 to 14.62. According to the industry distribution chart, Qiao Luming Technology Co ranks #90 out of 1329 companies in the Vehicles & Parts industry, placing it in the top 6.8%.
Is Qiao Luming Technology Co's ROA % too high?
Qiao Luming Technology Co's current ROA % of 12.75% is near median its 10-year median of 13.04. Over the past 10 years, this metric has ranged from a low of 6.16 to a high of 14.62. The Vehicles & Parts industry median ROA % is 3.17. Qiao Luming Technology Co's value of 12.75% is 302.2% above this industry median. Based on the distribution chart, Qiao Luming Technology Co ranks #90 out of 1329 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Qiao Luming Technology Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Qiao Luming Technology Co's ROA % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Qiao Luming Technology Co ranks #90 out of 1329 companies for ROA %. This places Qiao Luming Technology Co in the top 7% of its industry — outperforming the majority of peers. The industry median ROA % is 3.17. Qiao Luming Technology Co's value of 12.75% is 302.2% above this benchmark. Historically, Qiao Luming Technology Co's own ROA % has ranged from 6.16 to 14.62 over the past decade. While the company's 10-year median is 13.04 vs. the industry median of 3.17, Qiao Luming Technology Co 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 1,329 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. Qiao Luming Technology Co's current ROA % of 12.75% is 302.2% 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 Qiao Luming Technology Co 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. Qiao Luming Technology Co's current ROA % is 12.75%, which is near median its own 10-year median of 13.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qiao Luming Technology Co stock overvalued right now?
Qiao Luming Technology Co (BJSE:920079) has a current ROA % of 12.75%. The current ROA % is 12.75%, which is near median its 10-year median of 13.04 and 302.2% above the Vehicles & Parts industry median of 3.17. Qiao Luming Technology Co's overall GF Score™ is 20/100 with 2 warning signs to review. 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 Qiao Luming Technology Co (BJSE:920079), the current ROA % is 12.75% 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.
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