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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 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.
Shinelong Automotive Lightweight Application ROA % Related Terms
Shinelong Automotive Lightweight Application 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.
* 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.
Shinelong Automotive Lightweight Application ROA % vs Vehicles & Parts 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 two times the semi-annual (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Shinelong Automotive Lightweight Application (HKSE:01930) has a ROA % of 1.88% 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 Shinelong Automotive Lightweight Application and its competitors. This is 66% below median its historical median of 5.49. Over the past decade, Shinelong Automotive Lightweight Application's ROA % has ranged from 2.13 to 16.98. According to the industry distribution chart, Shinelong Automotive Lightweight Application ranks #782 out of 1333 companies in the Vehicles & Parts industry, placing it in the top 58.7%.
Is Shinelong Automotive Lightweight Application's ROA % too high?
Shinelong Automotive Lightweight Application's current ROA % of 1.88% is 66% below median its 10-year median of 5.49. Over the past 10 years, this metric has ranged from a low of 2.13 to a high of 16.98. The Vehicles & Parts industry median ROA % is 3.15. Shinelong Automotive Lightweight Application's value of 1.88% is 40.3% below this industry median. Based on the distribution chart, Shinelong Automotive Lightweight Application ranks #782 out of 1333 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Shinelong Automotive Lightweight Application has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shinelong Automotive Lightweight Application's ROA % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Shinelong Automotive Lightweight Application ranks #782 out of 1333 companies for ROA %. This places Shinelong Automotive Lightweight Application in the lower half of its industry. The industry median ROA % is 3.15. Shinelong Automotive Lightweight Application's value of 1.88% is 40.3% below this benchmark. Historically, Shinelong Automotive Lightweight Application's own ROA % has ranged from 2.13 to 16.98 over the past decade. While the company's 10-year median is 5.49 vs. the industry median of 3.15, Shinelong Automotive Lightweight Application 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 Vehicles & Parts company?
The median ROA % among Vehicles & Parts companies is 3.15, based on 1,333 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. Shinelong Automotive Lightweight Application's current ROA % of 1.88% is 40.3% 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 Shinelong Automotive Lightweight Application and its competitors. For the Vehicles & Parts industry, the median ROA % is 3.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinelong Automotive Lightweight Application's current ROA % is 1.88%, which is 66% below median its own 10-year median of 5.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinelong Automotive Lightweight Application stock overvalued right now?
Based on GuruFocus' analysis, Shinelong Automotive Lightweight Application (HKSE:01930) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.49, compared to a current price of HK$0.36 — trading 26.5% below its estimated fair value. The current ROA % is 1.88%, which is 66% below median its 10-year median of 5.49 and 40.3% below the Vehicles & Parts industry median of 3.15. Shinelong Automotive Lightweight Application's overall GF Score™ is 65/100 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 Shinelong Automotive Lightweight Application (HKSE:01930), the current ROA % is 1.88% 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 Shinelong Automotive Lightweight Application (HKSE:01930) Overvalued in 2026?
Based on GuruFocus' analysis, Shinelong Automotive Lightweight Application stock appears to be undervalued.
The current stock price of HK$0.36 is trading 26.5% below its estimated GF Value™ of HK$0.49.
GuruFocus considers Shinelong Automotive Lightweight Application to be Modestly Undervalued.
Key valuation signals for HKSE:01930:
ROA %: 1.88% (66% below median its 10-year median of 5.49)
GF Value™: HK$0.49 vs. price of HK$0.36 (26.5% below fair value)
Industry Position: 40.3% below the Vehicles & Parts median (#782 of 1333)
No single metric tells the full story. See the HKSE:01930 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shinelong Automotive Lightweight Application Ltd is engaged in the design, development, manufacture, and sales of customized hot-pressing moulds, hydroforming moulds, and injection moulds that are used in auto manufacturing. Apart from automotive moulds, the group also engages in the design, development, manufacture, and sales of customized plastic moulds for the production of electrical appliances and health-protective appliances. The company also offers parts processing services. The group operates in three segments which includes, Automotive moulds, Electrical appliance moulds, and Other moulds. The majority of its revenue is generated from the Automotive moulds. Geographically, it generates maximum revenue from the PRC.
65GF Score
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