Baiwang Co (HKSE:06657) ROA %: -2.33% (As of Dec. 2025)

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HKSE:06657 Baiwang Co Ltd HKSE:06657
36 GF Score
Price HK$11.78
! 4 Warning Signs
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What is Baiwang Co ROA %?

Baiwang Co HKSE:06657 -6.58% 36 ROA % is -2.33% as of Dec. 2025. GuruFocus rates HKSE:06657 with a GF Score™ of 36/100. The stock has 4 warning signs investors should review. Among 2,899 Software companies, Baiwang Co ranks worse than 68.82% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Baiwang Co's annualized Net Income for the quarter that ended in Dec. 2025 was HK$-30.3 Mil. Baiwang Co's average Total Assets over the quarter that ended in Dec. 2025 was HK$1,301.3 Mil. Therefore, Baiwang Co's annualized ROA % for the quarter that ended in Dec. 2025 was -2.33%.

The historical rank and industry rank for Baiwang Co's ROA % or its related term are showing as below:

HKSE:06657' s ROA % Range Over the Past 10 Years
Min: -45.04   Med: -35.35   Max: -0.83
Current: -5.1

During the past 6 years, Baiwang Co's highest ROA % was -0.83%. The lowest was -45.04%. And the median was -35.35%.

HKSE:06657's ROA % is ranked worse than
68.82% of 2899 companies
in the Software industry
Industry Median: 1.7 vs HKSE:06657: -5.10

Baiwang Co  (HKSE:06657) 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 bank’s 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:

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=-30.261447770764/1301.3421432027
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-30.261447770764 / 834.22716823986)*(834.22716823986 / 1301.3421432027)
=Net Margin %*Asset Turnover
=-3.63 %*0.6411
=-2.33 %

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.


Baiwang Co ROA % Related Terms


Baiwang Co ROA % Historical Data

* Premium members only.

The historical data trend for Baiwang Co's ROA % can be seen below:

* 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.

Baiwang Co ROA % Chart

Baiwang Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial -39.85 -11.88 -29.15 -41.97 -0.79

Baiwang Co Semi-Annual Data
Jun24 Dec24 Jun25 Dec25 Jun26
ROA % -86.65 -10.07 0.74 -2.33 -7.73

HKSE:06657 vs CRM, SHOP, UBER: ROA % Comparison

For the Software - Application subindustry, Baiwang 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.


Baiwang Co ROA % vs Software Industry

For the Software industry and Technology sector, Baiwang Co's ROA % distribution charts can be found below:

* The bar in red indicates where Baiwang Co's ROA % falls into.


HKSE:06657
36GF Score
Baiwang Co Ltd HKSE:06657
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Baiwang Co ROA % Calculation

Baiwang Co's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=-10.108842338506/( (1294.0084544919+1267.0504157753)/ 2 )
=-10.108842338506/1280.5294351336
=-0.79 %

Baiwang Co's annualized ROA % for the quarter that ended in Dec. 2025 is calculated as:

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=-30.261447770764/( (1335.6338706301+1267.0504157753)/ 2 )
=-30.261447770764/1301.3421432027
=-2.33 %

* 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.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -2.33% mean?
Baiwang Co (HKSE:06657) has a ROA % of -2.33% 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 Baiwang Co and its competitors. According to the industry distribution chart, Baiwang Co ranks #1995 out of 2899 companies in the Software industry, placing it in the top 68.8%.
Is Baiwang Co's ROA % too high?
Baiwang Co's current ROA % is -2.33%. Based on the distribution chart, Baiwang Co ranks #1995 out of 2899 companies in the Software industry, which is below the industry midpoint. Overall, Baiwang Co has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Baiwang Co's ROA % compare to CRM and SHOP?
According to the Software industry distribution chart, Baiwang Co ranks #1995 out of 2899 companies for ROA %. This places Baiwang Co in the lower half of its industry. The industry median ROA % is 1.70. 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 Software company?
The median ROA % among Software companies is 1.70, based on 2,899 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 Baiwang Co and its competitors. For the Software industry, the median ROA % is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baiwang Co's current ROA % is -2.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baiwang Co stock overvalued right now?
Baiwang Co (HKSE:06657) has a current ROA % of -2.33%. The current ROA % is -2.33%. Baiwang Co's overall GF Score™ is 36/100 with 4 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 Baiwang Co (HKSE:06657), the current ROA % is -2.33% 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.

Baiwang Co Business Description

Address No. 81 Beiqing Road, 14th floor & 15th floor, Building No. 1, Division 1, Haidian District, Beijing, CHN
Baiwang Co Ltd is an enterprise digitalization solutions provider in China, focusing on offering cloud-based SaaS solutions and on-premises solutions for financial and tax digitalization solutions, data-driven analytics services as well as other enterprise through Baiwang Cloud platform empowering the enterprises to unlock greater data value, transform data into digital productivity, and accelerate intelligent upgrade across industries. It process a variety of transaction documents, including among others, invoices, receipts, bills, and other accounting records, that accurately reflect key business transactions of enterprises. The company derives all of its revenue from the PRC.
36GF Score

Get the complete analysis for HKSE:06657

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$11.78
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