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Chenqi TechnologyHKSE:09680 11 ROA % is -28.44% as of Dec. 2025. GuruFocus rates HKSE:09680 with a GF Score™ of 11/100. The stock has 2 warning signs investors should review. Among 1,098 Business Services companies, Chenqi Technology ranks worse than 93.35% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Chenqi Technology's annualizedNet Income for the quarter that ended in Dec. 2025 was HK$-371 Mil.
Chenqi Technology's average Total Assets over the quarter that ended in Dec. 2025 was HK$1,306 Mil. Therefore, Chenqi Technology's annualized ROA % for the quarter that ended in Dec. 2025 was -28.44%.
The historical rank and industry rank for Chenqi Technology's ROA % or its related term are showing as below:
HKSE:09680'
s ROA % Range Over the Past 10 Years
Min: -363.23 Med: -81.19 Max: -23.67
Current: -23.67
During the past 5 years, Chenqi Technology's highest ROA % was -23.67%. The lowest was -363.23%. And the median was -81.19%.
HKSE:09680's ROA % is ranked worse than 93.35% of 1098
companies
in the Business Services industry
Industry Median: 3.475
vs HKSE:09680: -23.67
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.
Chenqi Technology ROA % Related Terms
Chenqi Technology ROA % Historical Data
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The historical data trend for Chenqi Technology'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.
For the Rental & Leasing Services subindustry, Chenqi Technology'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.
Chenqi Technology ROA % vs Business Services Industry
For the Business Services industry and Industrials sector, Chenqi Technology's ROA % distribution charts can be found below:
* The bar in red indicates where Chenqi Technology'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.
Chenqi Technology (HKSE:09680) has a ROA % of -28.44% 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 Chenqi Technology and its competitors. According to the industry distribution chart, Chenqi Technology ranks #1025 out of 1098 companies in the Business Services industry, placing it in the top 93.4%.
Is Chenqi Technology's ROA % too high?
Chenqi Technology's current ROA % is -28.44%. Based on the distribution chart, Chenqi Technology ranks #1025 out of 1098 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Chenqi Technology has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Chenqi Technology's ROA % compare to URI and SUNB?
According to the Business Services industry distribution chart, Chenqi Technology ranks #1025 out of 1098 companies for ROA %. This places Chenqi Technology in the lower half of its industry. The industry median ROA % is 3.48. 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 Business Services company?
The median ROA % among Business Services companies is 3.48, based on 1,098 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 Chenqi Technology and its competitors. For the Business Services industry, the median ROA % is 3.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chenqi Technology's current ROA % is -28.44%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chenqi Technology stock overvalued right now?
Chenqi Technology (HKSE:09680) has a current ROA % of -28.44%. The current ROA % is -28.44%. Chenqi Technology's overall GF Score™ is 11/100 with 2 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 Chenqi Technology (HKSE:09680), the current ROA % is -28.44% 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.
Chenqi Technology Ltd a mobility service company in China offering ride-hailing services. It serves & connects various participants of the mobility industry, including the riders, drivers, automobile OEMs, vehicle service providers, & autonomous driving solution providers. The company operates three reportable segments: Mobility services business, Technology services business, and Fleet sale & maintenance business. Key revenue is generated from the Mobility services, which include the provision of ride-hailing services, Robotaxi services, hitch services, & other related services. The Technology Services include the provision of technology services. The Fleet sale & maintenance business includes the Sale of vehicles, provision of repair and maintenance services & other related services.
11GF Score
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