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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.
Liaoning Chunguang Pharmaceutical Equipment ROA % Related Terms
Liaoning Chunguang Pharmaceutical Equipment 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, Liaoning Chunguang Pharmaceutical Equipment'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.
Liaoning Chunguang Pharmaceutical Equipment ROA % vs Industrial Products Industry
* 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.
Liaoning Chunguang Pharmaceutical Equipment (BJSE:920810) has a ROA % of -0.04% 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 Liaoning Chunguang Pharmaceutical Equipment and its competitors. According to the industry distribution chart, Liaoning Chunguang Pharmaceutical Equipment ranks #2385 out of 3084 companies in the Industrial Products industry, placing it in the top 77.3%.
Is Liaoning Chunguang Pharmaceutical Equipment's ROA % too high?
Liaoning Chunguang Pharmaceutical Equipment's current ROA % is -0.04%. Based on the distribution chart, Liaoning Chunguang Pharmaceutical Equipment ranks #2385 out of 3084 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Liaoning Chunguang Pharmaceutical Equipment has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Liaoning Chunguang Pharmaceutical Equipment's ROA % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Liaoning Chunguang Pharmaceutical Equipment ranks #2385 out of 3084 companies for ROA %. This places Liaoning Chunguang Pharmaceutical Equipment in the lower half of its industry. The industry median ROA % is 3.19. 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 3,084 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 Liaoning Chunguang Pharmaceutical Equipment 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. Liaoning Chunguang Pharmaceutical Equipment's current ROA % is -0.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liaoning Chunguang Pharmaceutical Equipment stock overvalued right now?
Based on GuruFocus' analysis, Liaoning Chunguang Pharmaceutical Equipment (BJSE:920810) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥8.11, compared to a current price of ¥9.16 — trading 12.9% above its estimated fair value. The current ROA % is -0.04%. Liaoning Chunguang Pharmaceutical Equipment's overall GF Score™ is 56/100 with 6 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 Liaoning Chunguang Pharmaceutical Equipment (BJSE:920810), the current ROA % is -0.04% 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 Liaoning Chunguang Pharmaceutical Equipment (BJSE:920810) Overvalued in 2026?
Based on GuruFocus' analysis, Liaoning Chunguang Pharmaceutical Equipment stock appears to be overvalued.
The current stock price of ¥9.16 is trading 12.9% above its estimated GF Value™ of ¥8.11.
GuruFocus considers Liaoning Chunguang Pharmaceutical Equipment to be Modestly Overvalued.
Key valuation signals for BJSE:920810:
ROA %: -0.04%
GF Value™: ¥8.11 vs. price of ¥9.16 (12.9% above fair value)
No single metric tells the full story. See the BJSE:920810 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Liaoning Chunguang Pharmaceutical Equipment Corp Ltd engages in research, development, production, and sales of food and pharmaceutical packaging equipment. It is a high-end packaging equipment manufacturer specializing in pharmaceuticals, food, and daily chemicals.
56GF Score
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