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Guangzhou Development GroupSHSE:600098 +2.65%81 ROA % is 2.57% as of Mar. 2026, which is 25% above its 10-year median of 2.05. GuruFocus rates SHSE:600098 with a GF Score™ of 81/100 and a GF Value™ of ¥7.08 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 185 Other Energy Sources companies, Guangzhou Development Group ranks better than 67.03% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Guangzhou Development Group's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥2,142 Mil.
Guangzhou Development Group's average Total Assets over the quarter that ended in Mar. 2026 was ¥83,430 Mil. Therefore, Guangzhou Development Group's annualized ROA % for the quarter that ended in Mar. 2026 was 2.57%.
The historical rank and industry rank for Guangzhou Development Group's ROA % or its related term are showing as below:
SHSE:600098'
s ROA % Range Over the Past 10 Years
Min: 0.34 Med: 2.05 Max: 2.94
Current: 2.94
During the past 13 years, Guangzhou Development Group's highest ROA % was 2.94%. The lowest was 0.34%. And the median was 2.05%.
SHSE:600098's ROA % is ranked better than 67.03% of 185
companies
in the Other Energy Sources industry
Industry Median: -0.54
vs SHSE:600098: 2.94
Guangzhou Development Group (SHSE:600098) 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.
Guangzhou Development Group ROA % Competitor Comparison
For the Thermal Coal subindustry, Guangzhou Development Group'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.
Guangzhou Development Group ROA % vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Guangzhou Development Group's ROA % distribution charts can be found below:
* The bar in red indicates where Guangzhou Development Group'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.
Guangzhou Development Group (SHSE:600098) has a ROA % of 2.57% 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 Guangzhou Development Group and its competitors. This is 25% above median its historical median of 2.05. Over the past decade, Guangzhou Development Group's ROA % has ranged from 0.34 to 2.94. According to the industry distribution chart, Guangzhou Development Group ranks #61 out of 185 companies in the Other Energy Sources industry, placing it in the top 33%.
Is Guangzhou Development Group's ROA % too high?
Guangzhou Development Group's current ROA % of 2.57% is 25% above median its 10-year median of 2.05. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 2.94. Based on the distribution chart, Guangzhou Development Group ranks #61 out of 185 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, Guangzhou Development Group has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Guangzhou Development Group's ROA % compare to competitors?
According to the Other Energy Sources industry distribution chart, Guangzhou Development Group ranks #61 out of 185 companies for ROA %. This puts Guangzhou Development Group in the upper half of its industry. Historically, Guangzhou Development Group's own ROA % has ranged from 0.34 to 2.94 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for an Other Energy Sources company?
A good ROA % depends on the Other Energy Sources industry context. 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 Guangzhou Development Group and its competitors. Guangzhou Development Group's current ROA % is 2.57%, which is 25% above median its own 10-year median of 2.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangzhou Development Group stock overvalued right now?
Based on GuruFocus' analysis, Guangzhou Development Group (SHSE:600098) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥7.08, compared to a current price of ¥6.20 — trading 12.4% below its estimated fair value. The current ROA % is 2.57%, which is 25% above median its 10-year median of 2.05. Guangzhou Development Group's overall GF Score™ is 81/100 with 8 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 Guangzhou Development Group (SHSE:600098), the current ROA % is 2.57% 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 Guangzhou Development Group (SHSE:600098) Overvalued in 2026?
Based on GuruFocus' analysis, Guangzhou Development Group stock appears to be undervalued.
The current stock price of ¥6.20 is trading 12.4% below its estimated GF Value™ of ¥7.08.
GuruFocus considers Guangzhou Development Group to be Modestly Undervalued.
Key valuation signals for SHSE:600098:
ROA %: 2.57% (25% above median its 10-year median of 2.05)
GF Value™: ¥7.08 vs. price of ¥6.20 (12.4% below fair value)
No single metric tells the full story. See the SHSE:600098 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Guangzhou Development Group Incorporated is a China-based company operating in the integrated energy business. It is engaged in the investment, construction, development, and operation of electric power, coal, oil products, natural gas and new energy. The company is also involved in the energy logistics business.
81GF Score
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