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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Shougang Century Holdings's annualizedNet Income for the quarter that ended in Dec. 2025 was HK$49 Mil.
Shougang Century Holdings's average Total Assets over the quarter that ended in Dec. 2025 was HK$3,766 Mil. Therefore, Shougang Century Holdings's annualized ROA % for the quarter that ended in Dec. 2025 was 1.30%.
The historical rank and industry rank for Shougang Century Holdings's ROA % or its related term are showing as below:
HKSE:00103'
s ROA % Range Over the Past 10 Years
Min: -2.11 Med: 1.41 Max: 4.55
Current: 1.48
During the past 13 years, Shougang Century Holdings's highest ROA % was 4.55%. The lowest was -2.11%. And the median was 1.41%.
HKSE:00103's ROA % is ranked worse than 54.98% of 633
companies
in the Steel industry
Industry Median: 2.17
vs HKSE:00103: 1.48
Shougang Century Holdings (HKSE:00103) 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.
* 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 Steel subindustry, Shougang Century Holdings'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.
Shougang Century Holdings ROA % vs Steel Industry
For the Steel industry and Basic Materials sector, Shougang Century Holdings's ROA % distribution charts can be found below:
* The bar in red indicates where Shougang Century Holdings'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.
Shougang Century Holdings (HKSE:00103) has a ROA % of 1.30% 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 Shougang Century Holdings and its competitors. This is near median its historical median of 1.41. According to the industry distribution chart, Shougang Century Holdings ranks #348 out of 633 companies in the Steel industry, placing it in the top 55%.
Is Shougang Century Holdings' ROA % too high?
Shougang Century Holdings' current ROA % of 1.30% is near median its 10-year median of 1.41. The Steel industry median ROA % is 2.17. Shougang Century Holdings' value of 1.30% is 40.1% below this industry median. Based on the distribution chart, Shougang Century Holdings ranks #348 out of 633 companies in the Steel industry, which is below the industry midpoint. Overall, Shougang Century Holdings has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shougang Century Holdings' ROA % compare to NUE and STLD?
According to the Steel industry distribution chart, Shougang Century Holdings ranks #348 out of 633 companies for ROA %. This places Shougang Century Holdings in the lower half of its industry. The industry median ROA % is 2.17. Shougang Century Holdings' value of 1.30% is 40.1% below this benchmark. While the company's 10-year median is 1.41 vs. the industry median of 2.17, Shougang Century Holdings has consistently been below 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 Steel company?
The median ROA % among Steel companies is 2.17, based on 633 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. Shougang Century Holdings's current ROA % of 1.30% is 40.1% below 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 Shougang Century Holdings and its competitors. For the Steel industry, the median ROA % is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shougang Century Holdings's current ROA % is 1.30%, which is near median its own 10-year median of 1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shougang Century Holdings stock overvalued right now?
Based on GuruFocus' analysis, Shougang Century Holdings (HKSE:00103) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$1.11, compared to a current price of HK$1.85 — trading 66.7% above its estimated fair value. The current ROA % is 1.30%, which is near median its 10-year median of 1.41 and 40.1% below the Steel industry median of 2.17. Shougang Century Holdings' overall GF Score™ is 61/100 with 8 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 Shougang Century Holdings (HKSE:00103), the current ROA % is 1.30% 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 Shougang Century Holdings (HKSE:00103) Overvalued in 2026?
Based on GuruFocus' analysis, Shougang Century Holdings stock appears to be overvalued.
The current stock price of HK$1.85 is trading 66.7% above its estimated GF Value™ of HK$1.11.
GuruFocus considers Shougang Century Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:00103:
ROA %: 1.30% (near median its 10-year median of 1.41)
GF Value™: HK$1.11 vs. price of HK$1.85 (66.7% above fair value)
Industry Position: 40.1% below the Steel median (#348 of 633)
No single metric tells the full story. See the HKSE:00103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shougang Century Holdings Ltd, along with its subsidiaries, is engaged in the manufacturing and sales of steel cords for radial tyres, sawing wires, and hose wires. The steel cords are specifically used in radial tires. The company generates the majority of its revenue from the steel cord business in China. The Group's operations are currently organized into one reportable segment: steel cord.
61GF Score
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