Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Jiangsu Keqiang New Materials Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥38.0 Mil.
Jiangsu Keqiang New Materials Co's average Total Assets over the quarter that ended in Mar. 2026 was ¥832.4 Mil. Therefore, Jiangsu Keqiang New Materials Co's annualized ROA % for the quarter that ended in Mar. 2026 was 4.56%.
Jiangsu Keqiang New Materials Co (BJSE:920665) 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 (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 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.
Jiangsu Keqiang New Materials Co ROA % Related Terms
Jiangsu Keqiang New Materials 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 Specialty Chemicals subindustry, Jiangsu Keqiang New Materials 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.
Jiangsu Keqiang New Materials Co ROA % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Jiangsu Keqiang New Materials Co's ROA % distribution charts can be found below:
* The bar in red indicates where Jiangsu Keqiang New Materials 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 (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Jiangsu Keqiang New Materials Co (BJSE:920665) has a ROA % of 4.56% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Jiangsu Keqiang New Materials Co and its competitors. This is 59% below median its historical median of 11.18. Over the past decade, Jiangsu Keqiang New Materials Co's ROA % has ranged from 3.83 to 19.16. According to the industry distribution chart, Jiangsu Keqiang New Materials Co ranks #688 out of 1615 companies in the Chemicals industry, placing it in the top 42.6%.
Is Jiangsu Keqiang New Materials Co's ROA % too high?
Jiangsu Keqiang New Materials Co's current ROA % of 4.56% is 59% below median its 10-year median of 11.18. Over the past 10 years, this metric has ranged from a low of 3.83 to a high of 19.16. The Chemicals industry median ROA % is 3.03. Jiangsu Keqiang New Materials Co's value of 4.56% is 50.5% above this industry median. Based on the distribution chart, Jiangsu Keqiang New Materials Co ranks #688 out of 1615 companies in the Chemicals industry, which is above the industry midpoint. Overall, Jiangsu Keqiang New Materials Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Keqiang New Materials Co's ROA % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Jiangsu Keqiang New Materials Co ranks #688 out of 1615 companies for ROA %. This puts Jiangsu Keqiang New Materials Co in the upper half of its industry. The industry median ROA % is 3.03. Jiangsu Keqiang New Materials Co's value of 4.56% is 50.5% above this benchmark. Historically, Jiangsu Keqiang New Materials Co's own ROA % has ranged from 3.83 to 19.16 over the past decade. While the company's 10-year median is 11.18 vs. the industry median of 3.03, Jiangsu Keqiang New Materials 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 Chemicals company?
The median ROA % among Chemicals companies is 3.03, based on 1,615 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. Jiangsu Keqiang New Materials Co's current ROA % of 4.56% is 50.5% 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 Jiangsu Keqiang New Materials Co and its competitors. For the Chemicals industry, the median ROA % is 3.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Keqiang New Materials Co's current ROA % is 4.56%, which is 59% below median its own 10-year median of 11.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Keqiang New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Keqiang New Materials Co (BJSE:920665) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥12.65, compared to a current price of ¥8.90 — trading 29.6% below its estimated fair value. The current ROA % is 4.56%, which is 59% below median its 10-year median of 11.18 and 50.5% above the Chemicals industry median of 3.03. Jiangsu Keqiang New Materials Co's overall GF Score™ is 65/100 with 3 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 Jiangsu Keqiang New Materials Co (BJSE:920665), the current ROA % is 4.56% as of Mar. 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 Jiangsu Keqiang New Materials Co (BJSE:920665) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu Keqiang New Materials Co stock appears to be undervalued.
The current stock price of ¥8.90 is trading 29.6% below its estimated GF Value™ of ¥12.65.
GuruFocus considers Jiangsu Keqiang New Materials Co to be Modestly Undervalued.
Key valuation signals for BJSE:920665:
ROA %: 4.56% (59% below median its 10-year median of 11.18)
GF Value™: ¥12.65 vs. price of ¥8.90 (29.6% below fair value)
Industry Position: 50.5% above the Chemicals median (#688 of 1615)
No single metric tells the full story. See the BJSE:920665 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangsu Keqiang New Materials Co Ltd is a company engaged in research & development, production and sales of special high-performance rubber (cloth, plate, belt) products, providing global customers with system solutions in the fields of sealing, buffering, anti-corrosion, transmission and other fields. The main products include train windshield fabrics, silicone sheets for photovoltaic module laminators, rubber sealing parts for storage tanks, lightweight rubber conveyor belts, etc.
65GF Score
Get the complete analysis for BJSE:920665
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BJSE:920665 has been successfully added to your 
