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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Grinm Advanced Materials Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥353 Mil.
Grinm Advanced Materials Co's average Total Assets over the quarter that ended in Mar. 2026 was ¥7,711 Mil. Therefore, Grinm Advanced Materials Co's annualized ROA % for the quarter that ended in Mar. 2026 was 4.58%.
The historical rank and industry rank for Grinm Advanced Materials Co's ROA % or its related term are showing as below:
SHSE:600206'
s ROA % Range Over the Past 10 Years
Min: 1.33 Med: 3.33 Max: 5.21
Current: 3.9
During the past 13 years, Grinm Advanced Materials Co's highest ROA % was 5.21%. The lowest was 1.33%. And the median was 3.33%.
SHSE:600206's ROA % is ranked better than 57.98% of 1028
companies
in the Semiconductors industry
Industry Median: 2.465
vs SHSE:600206: 3.90
Grinm Advanced Materials Co (SHSE:600206) 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.
For the Semiconductor Equipment & Materials subindustry, Grinm Advanced Materials 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.
Grinm Advanced Materials Co ROA % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Grinm Advanced Materials Co's ROA % distribution charts can be found below:
* The bar in red indicates where Grinm Advanced Materials 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.
Grinm Advanced Materials Co (SHSE:600206) has a ROA % of 4.58% 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 Grinm Advanced Materials Co and its competitors. This is 38% above median its historical median of 3.33. Over the past decade, Grinm Advanced Materials Co's ROA % has ranged from 1.33 to 5.21. According to the industry distribution chart, Grinm Advanced Materials Co ranks #432 out of 1028 companies in the Semiconductors industry, placing it in the top 42%.
Is Grinm Advanced Materials Co's ROA % too high?
Grinm Advanced Materials Co's current ROA % of 4.58% is 38% above median its 10-year median of 3.33. Over the past 10 years, this metric has ranged from a low of 1.33 to a high of 5.21. The Semiconductors industry median ROA % is 2.47. Grinm Advanced Materials Co's value of 4.58% is 85.8% above this industry median. Based on the distribution chart, Grinm Advanced Materials Co ranks #432 out of 1028 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Grinm Advanced Materials Co has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grinm Advanced Materials Co's ROA % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Grinm Advanced Materials Co ranks #432 out of 1028 companies for ROA %. This puts Grinm Advanced Materials Co in the upper half of its industry. The industry median ROA % is 2.47. Grinm Advanced Materials Co's value of 4.58% is 85.8% above this benchmark. Historically, Grinm Advanced Materials Co's own ROA % has ranged from 1.33 to 5.21 over the past decade. While the company's 10-year median is 3.33 vs. the industry median of 2.47, Grinm Advanced Materials Co has consistently been above 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 Semiconductors company?
The median ROA % among Semiconductors companies is 2.47, based on 1,028 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. Grinm Advanced Materials Co's current ROA % of 4.58% is 85.8% above 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 Grinm Advanced Materials Co and its competitors. For the Semiconductors industry, the median ROA % is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grinm Advanced Materials Co's current ROA % is 4.58%, which is 38% above median its own 10-year median of 3.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grinm Advanced Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Grinm Advanced Materials Co (SHSE:600206) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥14.25, compared to a current price of ¥39.85 — trading 179.6% above its estimated fair value. The current ROA % is 4.58%, which is 38% above median its 10-year median of 3.33 and 85.8% above the Semiconductors industry median of 2.47. Grinm Advanced Materials Co's overall GF Score™ is 50/100 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 Grinm Advanced Materials Co (SHSE:600206), the current ROA % is 4.58% 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 Grinm Advanced Materials Co (SHSE:600206) Overvalued in 2026?
Based on GuruFocus' analysis, Grinm Advanced Materials Co stock appears to be overvalued.
The current stock price of ¥39.85 is trading 179.6% above its estimated GF Value™ of ¥14.25.
GuruFocus considers Grinm Advanced Materials Co to be Significantly Overvalued.
Key valuation signals for SHSE:600206:
ROA %: 4.58% (38% above median its 10-year median of 3.33)
GF Value™: ¥14.25 vs. price of ¥39.85 (179.6% above fair value)
Industry Position: 85.8% above the Semiconductors median (#432 of 1028)
No single metric tells the full story. See the SHSE:600206 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grinm Advanced Materials Co Ltd is engaged in the research, development, manufacture, and distribution of semiconductor materials. The semiconductors offered by the company are widely used in integrated circuits, discrete devices, solar cell and other fields. Its products are exported to the United States, Japan, Spain, South Korea, Taiwan, Hong Kong and other places.
50GF Score
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