Kingfa Sci & Tec CoSHSE:600143 +2.03%81 ROA % is 1.88% as of Mar. 2026, which is 44% below its 10-year median of 3.37. GuruFocus rates SHSE:600143 with a GF Score™ of 81/100 and a GF Value™ of ¥12.42 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,613 Chemicals companies, Kingfa Sci & Tec Co ranks worse than 58.77% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Kingfa Sci & Tec Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥1,221 Mil.
Kingfa Sci & Tec Co's average Total Assets over the quarter that ended in Mar. 2026 was ¥64,758 Mil. Therefore, Kingfa Sci & Tec Co's annualized ROA % for the quarter that ended in Mar. 2026 was 1.88%.
The historical rank and industry rank for Kingfa Sci & Tec Co's ROA % or its related term are showing as below:
SHSE:600143'
s ROA % Range Over the Past 10 Years
Min: 0.54 Med: 3.37 Max: 14.87
Current: 1.89
During the past 13 years, Kingfa Sci & Tec Co's highest ROA % was 14.87%. The lowest was 0.54%. And the median was 3.37%.
SHSE:600143's ROA % is ranked worse than 58.77% of 1613
companies
in the Chemicals industry
Industry Median: 2.9
vs SHSE:600143: 1.89
Kingfa Sci & Tec Co (SHSE:600143) 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.
Kingfa Sci & Tec Co ROA % Related Terms
Kingfa Sci & Tec Co ROA % Historical Data
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The historical data trend for Kingfa Sci & Tec 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.
For the Specialty Chemicals subindustry, Kingfa Sci & Tec 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.
Kingfa Sci & Tec Co ROA % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Kingfa Sci & Tec Co's ROA % distribution charts can be found below:
* The bar in red indicates where Kingfa Sci & Tec Co'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.
Kingfa Sci & Tec Co (SHSE:600143) has a ROA % of 1.88% 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 Kingfa Sci & Tec Co and its competitors. This is 44% below median its historical median of 3.37. Over the past decade, Kingfa Sci & Tec Co's ROA % has ranged from 0.54 to 14.87. According to the industry distribution chart, Kingfa Sci & Tec Co ranks #948 out of 1613 companies in the Chemicals industry, placing it in the top 58.8%.
Is Kingfa Sci & Tec Co's ROA % too high?
Kingfa Sci & Tec Co's current ROA % of 1.88% is 44% below median its 10-year median of 3.37. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 14.87. The Chemicals industry median ROA % is 2.90. Kingfa Sci & Tec Co's value of 1.88% is 35.2% below this industry median. Based on the distribution chart, Kingfa Sci & Tec Co ranks #948 out of 1613 companies in the Chemicals industry, which is below the industry midpoint. Overall, Kingfa Sci & Tec Co has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kingfa Sci & Tec Co's ROA % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Kingfa Sci & Tec Co ranks #948 out of 1613 companies for ROA %. This places Kingfa Sci & Tec Co in the lower half of its industry. The industry median ROA % is 2.90. Kingfa Sci & Tec Co's value of 1.88% is 35.2% below this benchmark. Historically, Kingfa Sci & Tec Co's own ROA % has ranged from 0.54 to 14.87 over the past decade. While the company's 10-year median is 3.37 vs. the industry median of 2.90, Kingfa Sci & Tec 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 2.90, based on 1,613 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. Kingfa Sci & Tec Co's current ROA % of 1.88% is 35.2% 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 Kingfa Sci & Tec Co and its competitors. For the Chemicals industry, the median ROA % is 2.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kingfa Sci & Tec Co's current ROA % is 1.88%, which is 44% below median its own 10-year median of 3.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kingfa Sci & Tec Co stock overvalued right now?
Based on GuruFocus' analysis, Kingfa Sci & Tec Co (SHSE:600143) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥12.42, compared to a current price of ¥15.60 — trading 25.6% above its estimated fair value. The current ROA % is 1.88%, which is 44% below median its 10-year median of 3.37 and 35.2% below the Chemicals industry median of 2.90. Kingfa Sci & Tec Co's overall GF Score™ is 81/100 with 7 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 Kingfa Sci & Tec Co (SHSE:600143), the current ROA % is 1.88% 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 Kingfa Sci & Tec Co (SHSE:600143) Overvalued in 2026?
Based on GuruFocus' analysis, Kingfa Sci & Tec Co stock appears to be overvalued.
The current stock price of ¥15.60 is trading 25.6% above its estimated GF Value™ of ¥12.42.
GuruFocus considers Kingfa Sci & Tec Co to be Modestly Overvalued.
Key valuation signals for SHSE:600143:
ROA %: 1.88% (44% below median its 10-year median of 3.37)
GF Value™: ¥12.42 vs. price of ¥15.60 (25.6% above fair value)
Industry Position: 35.2% below the Chemicals median (#948 of 1613)
No single metric tells the full story. See the SHSE:600143 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kingfa Sci & Tec Co Ltd is a China-based company engaged in the modified plastics industry. Its products include the development of modified plastics, fully biodegradable plastics, high-performance carbon fiber and composite materials, special engineering plastics, environmentally-friendly recycled plastics, fire retardant, and toughened plastics.
81GF Score
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