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Mingyang Technology Suzhou CoBJSE:920663 93 ROA % is 15.66% as of Jun. 2026, which is 8% below its 10-year median of 17.07. GuruFocus rates BJSE:920663 with a GF Score™ of 93/100 and a GF Value™ of ¥16.18 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,329 Vehicles & Parts companies, Mingyang Technology Suzhou Co ranks better than 98.19% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Mingyang Technology Suzhou Co's annualizedNet Income for the quarter that ended in Jun. 2026 was ¥82.0 Mil.
Mingyang Technology Suzhou Co's average Total Assets over the quarter that ended in Jun. 2026 was ¥523.5 Mil. Therefore, Mingyang Technology Suzhou Co's annualized ROA % for the quarter that ended in Jun. 2026 was 15.66%.
The historical rank and industry rank for Mingyang Technology Suzhou Co's ROA % or its related term are showing as below:
BJSE:920663'
s ROA % Range Over the Past 10 Years
Min: 14.42 Med: 17.07 Max: 31.96
Current: 18.82
During the past 13 years, Mingyang Technology Suzhou Co's highest ROA % was 31.96%. The lowest was 14.42%. And the median was 17.07%.
BJSE:920663's ROA % is ranked better than 98.19% of 1329
companies
in the Vehicles & Parts industry
Industry Median: 3.17
vs BJSE:920663: 18.82
Mingyang Technology Suzhou Co (BJSE:920663) 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.
Mingyang Technology Suzhou Co ROA % Related Terms
Mingyang Technology Suzhou Co 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 Auto Parts subindustry, Mingyang Technology Suzhou 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.
Mingyang Technology Suzhou Co ROA % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Mingyang Technology Suzhou Co's ROA % distribution charts can be found below:
* The bar in red indicates where Mingyang Technology Suzhou 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.
Mingyang Technology Suzhou Co (BJSE:920663) has a ROA % of 15.66% 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 Mingyang Technology Suzhou Co and its competitors. This is near median its historical median of 17.07. Over the past decade, Mingyang Technology Suzhou Co's ROA % has ranged from 14.42 to 31.96. According to the industry distribution chart, Mingyang Technology Suzhou Co ranks #24 out of 1329 companies in the Vehicles & Parts industry, placing it in the top 1.8%.
Is Mingyang Technology Suzhou Co's ROA % too high?
Mingyang Technology Suzhou Co's current ROA % of 15.66% is near median its 10-year median of 17.07. Over the past 10 years, this metric has ranged from a low of 14.42 to a high of 31.96. The Vehicles & Parts industry median ROA % is 3.17. Mingyang Technology Suzhou Co's value of 15.66% is 394% above this industry median. Based on the distribution chart, Mingyang Technology Suzhou Co ranks #24 out of 1329 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Mingyang Technology Suzhou Co has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mingyang Technology Suzhou Co's ROA % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Mingyang Technology Suzhou Co ranks #24 out of 1329 companies for ROA %. This places Mingyang Technology Suzhou Co in the top 2% of its industry — outperforming the majority of peers. The industry median ROA % is 3.17. Mingyang Technology Suzhou Co's value of 15.66% is 394% above this benchmark. Historically, Mingyang Technology Suzhou Co's own ROA % has ranged from 14.42 to 31.96 over the past decade. While the company's 10-year median is 17.07 vs. the industry median of 3.17, Mingyang Technology Suzhou 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. Mingyang Technology Suzhou Co's current ROA % of 15.66% is 394% 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 Mingyang Technology Suzhou 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. Mingyang Technology Suzhou Co's current ROA % is 15.66%, which is near median its own 10-year median of 17.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mingyang Technology Suzhou Co stock overvalued right now?
Based on GuruFocus' analysis, Mingyang Technology Suzhou Co (BJSE:920663) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥16.18, compared to a current price of ¥13.29 — trading 17.9% below its estimated fair value. The current ROA % is 15.66%, which is near median its 10-year median of 17.07 and 394% above the Vehicles & Parts industry median of 3.17. Mingyang Technology Suzhou Co's overall GF Score™ is 93/100 with 5 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 Mingyang Technology Suzhou Co (BJSE:920663), the current ROA % is 15.66% 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.
Is Mingyang Technology Suzhou Co (BJSE:920663) Overvalued in 2026?
Based on GuruFocus' analysis, Mingyang Technology Suzhou Co stock appears to be undervalued.
The current stock price of ¥13.29 is trading 17.9% below its estimated GF Value™ of ¥16.18.
GuruFocus considers Mingyang Technology Suzhou Co to be Modestly Undervalued.
Key valuation signals for BJSE:920663:
ROA %: 15.66% (near median its 10-year median of 17.07)
GF Value™: ¥16.18 vs. price of ¥13.29 (17.9% below fair value)
Industry Position: 394% above the Vehicles & Parts median (#24 of 1329)
No single metric tells the full story. See the BJSE:920663 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mingyang Technology Suzhou Co Ltd engages in research and development, production, and sales of core components for automotive seat adjustment systems. The product range includes four main series: powder injection molded parts (MIM), force transmission rods (LG), and adjustment mechanism assemblies.
93GF Score
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