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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Lingyi Itech (Guangdong) Co's annualizedNet Income for the quarter that ended in Mar. 2026 was HK$1,779 Mil.
Lingyi Itech (Guangdong) Co's average Total Assets over the quarter that ended in Mar. 2026 was HK$63,912 Mil. Therefore, Lingyi Itech (Guangdong) Co's annualized ROA % for the quarter that ended in Mar. 2026 was 2.78%.
The historical rank and industry rank for Lingyi Itech (Guangdong) Co's ROA % or its related term are showing as below:
HKSE:01688'
s ROA % Range Over the Past 10 Years
Min: -4.28 Med: 4.45 Max: 15.02
Current: 4.11
During the past 13 years, Lingyi Itech (Guangdong) Co's highest ROA % was 15.02%. The lowest was -4.28%. And the median was 4.45%.
HKSE:01688's ROA % is ranked better than 59.67% of 2502
companies
in the Hardware industry
Industry Median: 2.515
vs HKSE:01688: 4.11
Lingyi Itech (Guangdong) Co (HKSE:01688) 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.
* 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 Electronic Components subindustry, Lingyi Itech (Guangdong) 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.
Lingyi Itech (Guangdong) Co ROA % vs Hardware Industry
For the Hardware industry and Technology sector, Lingyi Itech (Guangdong) Co's ROA % distribution charts can be found below:
* The bar in red indicates where Lingyi Itech (Guangdong) 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.
Lingyi Itech (Guangdong) Co (HKSE:01688) has a ROA % of 2.78% 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 Lingyi Itech (Guangdong) Co and its competitors. This is 38% below median its historical median of 4.45. According to the industry distribution chart, Lingyi Itech (Guangdong) Co ranks #1009 out of 2502 companies in the Hardware industry, placing it in the top 40.3%.
Is Lingyi Itech (Guangdong) Co's ROA % too high?
Lingyi Itech (Guangdong) Co's current ROA % of 2.78% is 38% below median its 10-year median of 4.45. The Hardware industry median ROA % is 2.52. Lingyi Itech (Guangdong) Co's value of 2.78% is 10.5% above this industry median. Based on the distribution chart, Lingyi Itech (Guangdong) Co ranks #1009 out of 2502 companies in the Hardware industry, which is above the industry midpoint. Overall, Lingyi Itech (Guangdong) Co has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lingyi Itech (Guangdong) Co's ROA % compare to APH and GLW?
According to the Hardware industry distribution chart, Lingyi Itech (Guangdong) Co ranks #1009 out of 2502 companies for ROA %. This puts Lingyi Itech (Guangdong) Co in the upper half of its industry. The industry median ROA % is 2.52. Lingyi Itech (Guangdong) Co's value of 2.78% is 10.5% above this benchmark. While the company's 10-year median is 4.45 vs. the industry median of 2.52, Lingyi Itech (Guangdong) 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 Hardware company?
The median ROA % among Hardware companies is 2.52, based on 2,502 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. Lingyi Itech (Guangdong) Co's current ROA % of 2.78% is 10.5% 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 Lingyi Itech (Guangdong) Co and its competitors. For the Hardware industry, the median ROA % is 2.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lingyi Itech (Guangdong) Co's current ROA % is 2.78%, which is 38% below median its own 10-year median of 4.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lingyi Itech (Guangdong) Co stock overvalued right now?
Based on GuruFocus' analysis, Lingyi Itech (Guangdong) Co (HKSE:01688) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$5.34, compared to a current price of HK$6.17 — trading 15.5% above its estimated fair value. The current ROA % is 2.78%, which is 38% below median its 10-year median of 4.45 and 10.5% above the Hardware industry median of 2.52. Lingyi Itech (Guangdong) Co's overall GF Score™ is 68/100 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 Lingyi Itech (Guangdong) Co (HKSE:01688), the current ROA % is 2.78% 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 Lingyi Itech (Guangdong) Co (HKSE:01688) Overvalued in 2026?
Based on GuruFocus' analysis, Lingyi Itech (Guangdong) Co stock appears to be overvalued.
The current stock price of HK$6.17 is trading 15.5% above its estimated GF Value™ of HK$5.34.
GuruFocus considers Lingyi Itech (Guangdong) Co to be Modestly Overvalued.
Key valuation signals for HKSE:01688:
ROA %: 2.78% (38% below median its 10-year median of 4.45)
GF Value™: HK$5.34 vs. price of HK$6.17 (15.5% above fair value)
Industry Position: 10.5% above the Hardware median (#1009 of 2502)
No single metric tells the full story. See the HKSE:01688 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lingyi Itech (Guangdong) Co Ltd is engaged in the manufacturing of precision functional components, structural modules, and intelligent assembly solutions for the consumer electronics, automotive, and energy storage industries. The company operates three segments. The AI Terminal segment covers AI-powered mobile phones, folding-screen devices, PCs, tablets, display solutions, battery systems, thermal management, AI glasses, XR wearables, sensors, robotics, and related hardware. The Automotive and Low-Altitude Economy segment includes battery structural parts, brake modules, lidar, electronic steering systems, and carbon fiber products. The Other segment focuses on clean energy and photovoltaic storage, including micro inverters, outdoor power solutions, and related products.
68GF Score
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