SHSE:600078's ROA % is ranked worse than 62.77% of 1609
companies
in the Chemicals industry
Industry Median: 2.91
vs SHSE:600078: 1.31
Jiangsu Chengxing Phosph-chemicals Co (SHSE:600078) 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.
Jiangsu Chengxing Phosph-chemicals Co ROA % Related Terms
Jiangsu Chengxing Phosph-chemicals Co 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.
For the Chemicals subindustry, Jiangsu Chengxing Phosph-chemicals 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.
Jiangsu Chengxing Phosph-chemicals Co ROA % vs Chemicals 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 four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Jiangsu Chengxing Phosph-chemicals Co (SHSE:600078) has a ROA % of 1.93% 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 Jiangsu Chengxing Phosph-chemicals Co and its competitors. This is 294% above median its historical median of 0.49. According to the industry distribution chart, Jiangsu Chengxing Phosph-chemicals Co ranks #1010 out of 1609 companies in the Chemicals industry, placing it in the top 62.8%.
Is Jiangsu Chengxing Phosph-chemicals Co's ROA % too high?
Jiangsu Chengxing Phosph-chemicals Co's current ROA % of 1.93% is 294% above median its 10-year median of 0.49. The Chemicals industry median ROA % is 2.91. Jiangsu Chengxing Phosph-chemicals Co's value of 1.93% is 33.7% below this industry median. Based on the distribution chart, Jiangsu Chengxing Phosph-chemicals Co ranks #1010 out of 1609 companies in the Chemicals industry, which is below the industry midpoint. Overall, Jiangsu Chengxing Phosph-chemicals Co has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Chengxing Phosph-chemicals Co's ROA % compare to DOW?
According to the Chemicals industry distribution chart, Jiangsu Chengxing Phosph-chemicals Co ranks #1010 out of 1609 companies for ROA %. This places Jiangsu Chengxing Phosph-chemicals Co in the lower half of its industry. The industry median ROA % is 2.91. Jiangsu Chengxing Phosph-chemicals Co's value of 1.93% is 33.7% below this benchmark. While the company's 10-year median is 0.49 vs. the industry median of 2.91, Jiangsu Chengxing Phosph-chemicals Co 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 Chemicals company?
The median ROA % among Chemicals companies is 2.91, based on 1,609 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. Jiangsu Chengxing Phosph-chemicals Co's current ROA % of 1.93% is 33.7% 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 Jiangsu Chengxing Phosph-chemicals Co and its competitors. For the Chemicals industry, the median ROA % is 2.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Chengxing Phosph-chemicals Co's current ROA % is 1.93%, which is 294% above median its own 10-year median of 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Chengxing Phosph-chemicals Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Chengxing Phosph-chemicals Co (SHSE:600078) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥6.70, compared to a current price of ¥10.54 — trading 57.3% above its estimated fair value. The current ROA % is 1.93%, which is 294% above median its 10-year median of 0.49 and 33.7% below the Chemicals industry median of 2.91. Jiangsu Chengxing Phosph-chemicals Co's overall GF Score™ is 46/100 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 Jiangsu Chengxing Phosph-chemicals Co (SHSE:600078), the current ROA % is 1.93% 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 Jiangsu Chengxing Phosph-chemicals Co (SHSE:600078) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu Chengxing Phosph-chemicals Co stock appears to be overvalued.
The current stock price of ¥10.54 is trading 57.3% above its estimated GF Value™ of ¥6.70.
GuruFocus considers Jiangsu Chengxing Phosph-chemicals Co to be Significantly Overvalued.
Key valuation signals for SHSE:600078:
ROA %: 1.93% (294% above median its 10-year median of 0.49)
GF Value™: ¥6.70 vs. price of ¥10.54 (57.3% above fair value)
Industry Position: 33.7% below the Chemicals median (#1010 of 1609)
No single metric tells the full story. See the SHSE:600078 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangsu Chengxing Phosph-chemicals Co Business Description
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