ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. China Merchants Commercial REIT's annualizedNet Income for the quarter that ended in Dec. 2025 was €-12.19 Mil.
China Merchants Commercial REIT's average Total Assets over the quarter that ended in Dec. 2025 was €1,188.89 Mil. Therefore, China Merchants Commercial REIT's annualized ROA % for the quarter that ended in Dec. 2025 was -1.03%.
FRA:5C3'
s ROA % Range Over the Past 10 Years
Min: -2.06 Med: 2.03 Max: 16.65
Current: -1
During the past 10 years, China Merchants Commercial REIT's highest ROA % was 16.65%. The lowest was -2.06%. And the median was 2.03%.
FRA:5C3's ROA % is ranked worse than 84.52% of 943
companies
in the REITs industry
Industry Median: 3.2
vs FRA:5C3: -1.00
China Merchants Commercial REIT (FRA:5C3) 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 two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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.
China Merchants Commercial REIT ROA % Related Terms
China Merchants Commercial REIT 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 REIT - Office subindustry, China Merchants Commercial REIT'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.
China Merchants Commercial REIT ROA % vs REITs Industry
For the REITs industry and Real Estate sector, China Merchants Commercial REIT's ROA % distribution charts can be found below:
* The bar in red indicates where China Merchants Commercial REIT'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 two times the semi-annual (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
China Merchants Commercial REIT (FRA:5C3) has a ROA % of -1.03% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on China Merchants Commercial REIT and its competitors. According to the industry distribution chart, China Merchants Commercial REIT ranks #797 out of 943 companies in the REITs industry, placing it in the top 84.5%.
Is China Merchants Commercial REIT's ROA % too high?
China Merchants Commercial REIT's current ROA % is -1.03%. Based on the distribution chart, China Merchants Commercial REIT ranks #797 out of 943 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, China Merchants Commercial REIT has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does China Merchants Commercial REIT's ROA % compare to BXP and ARE?
According to the REITs industry distribution chart, China Merchants Commercial REIT ranks #797 out of 943 companies for ROA %. This places China Merchants Commercial REIT in the lower half of its industry. The industry median ROA % is 3.20. 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 REITs company?
The median ROA % among REITs companies is 3.20, based on 943 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 China Merchants Commercial REIT and its competitors. For the REITs industry, the median ROA % is 3.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Merchants Commercial REIT's current ROA % is -1.03%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Merchants Commercial REIT stock overvalued right now?
China Merchants Commercial REIT (FRA:5C3) has a current ROA % of -1.03%. The stock's GF Value™ is €0.11, compared to a current price of €0.10 — trading 9.1% below its estimated fair value. The current ROA % is -1.03%. China Merchants Commercial REIT's overall GF Score™ is 72/100 with 7 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 China Merchants Commercial REIT (FRA:5C3), the current ROA % is -1.03% as of Dec. 2025. 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 China Merchants Commercial REIT (FRA:5C3) Overvalued in 2026?
Based on GuruFocus' analysis, China Merchants Commercial REIT stock appears to be undervalued.
The current stock price of €0.10 is trading 9.1% below its estimated GF Value™ of €0.11.
Key valuation signals for FRA:5C3:
ROA %: -1.03%
GF Value™: €0.11 vs. price of €0.10 (9.1% below fair value)
No single metric tells the full story. See the FRA:5C3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Merchants Commercial REIT Business Description
China Merchants Commercial REIT and its subsidiaries are engaged in the property investment. The operating business segments of the company are office buildings and shopping center. Its properties include New Times Plaza, Cyberport Building, Technology Building, Garden City Shopping Centre ,Onward Science And Trade Center and Technology Building 2 among others.
72GF Score
Get the complete analysis for FRA:5C3
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
FRA:5C3 has been successfully added to your 
