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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Zhejiang Xinsheng Technology's annualizedNet Income for the quarter that ended in Jun. 2026 was ¥0 Mil.
Zhejiang Xinsheng Technology's average Total Assets over the quarter that ended in Jun. 2026 was ¥1,485 Mil. Therefore, Zhejiang Xinsheng Technology's annualized ROA % for the quarter that ended in Jun. 2026 was 0.00%.
The historical rank and industry rank for Zhejiang Xinsheng Technology's ROA % or its related term are showing as below:
BJSE:920093'
s ROA % Range Over the Past 10 Years
Min: 8.18 Med: 10.85 Max: 18.33
Current: 16.39
During the past 4 years, Zhejiang Xinsheng Technology's highest ROA % was 18.33%. The lowest was 8.18%. And the median was 10.85%.
BJSE:920093's ROA % is ranked better than 95.73% of 3089
companies
in the Industrial Products industry
Industry Median: 3.19
vs BJSE:920093: 16.39
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.
Zhejiang Xinsheng Technology ROA % Related Terms
Zhejiang Xinsheng Technology ROA % Historical 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.
For the Specialty Industrial Machinery subindustry, Zhejiang Xinsheng Technology'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.
Zhejiang Xinsheng Technology ROA % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Zhejiang Xinsheng Technology's ROA % distribution charts can be found below:
* The bar in red indicates where Zhejiang Xinsheng Technology'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.
Zhejiang Xinsheng Technology (BJSE:920093) has a ROA % of 0.00% 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 Zhejiang Xinsheng Technology and its competitors. Over the past decade, Zhejiang Xinsheng Technology's ROA % has ranged from 8.18 to 18.33. According to the industry distribution chart, Zhejiang Xinsheng Technology ranks #132 out of 3089 companies in the Industrial Products industry, placing it in the top 4.3%.
Is Zhejiang Xinsheng Technology's ROA % too high?
Zhejiang Xinsheng Technology's current ROA % is 0.00%. Over the past 10 years, this metric has ranged from a low of 8.18 to a high of 18.33. Based on the distribution chart, Zhejiang Xinsheng Technology ranks #132 out of 3089 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang Xinsheng Technology has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Xinsheng Technology's ROA % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Zhejiang Xinsheng Technology ranks #132 out of 3089 companies for ROA %. This places Zhejiang Xinsheng Technology in the top 4% of its industry — outperforming the majority of peers. The industry median ROA % is 3.19. Historically, Zhejiang Xinsheng Technology's own ROA % has ranged from 8.18 to 18.33 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for an Industrial Products company?
The median ROA % among Industrial Products companies is 3.19, based on 3,089 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. 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 Zhejiang Xinsheng Technology and its competitors. For the Industrial Products industry, the median ROA % is 3.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Xinsheng Technology's current ROA % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Xinsheng Technology stock overvalued right now?
Zhejiang Xinsheng Technology (BJSE:920093) has a current ROA % of 0.00%. The current ROA % is 0.00%. Zhejiang Xinsheng Technology's overall GF Score™ is 14/100 with 1 warning sign 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 Zhejiang Xinsheng Technology (BJSE:920093), the current ROA % is 0.00% 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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