SHSE:600348's ROA % is ranked better than 62.5% of 184
companies
in the Other Energy Sources industry
Industry Median: -0.505
vs SHSE:600348: 1.89
Shan Xi Hua Yang Group New Energy Co (SHSE:600348) 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.
Shan Xi Hua Yang Group New Energy Co ROA % Related Terms
Shan Xi Hua Yang Group New Energy 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.
Shan Xi Hua Yang Group New Energy Co ROA % Competitor Comparison
For the Thermal Coal subindustry, Shan Xi Hua Yang Group New Energy 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.
Shan Xi Hua Yang Group New Energy Co ROA % vs Other Energy Sources 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.
Shan Xi Hua Yang Group New Energy Co (SHSE:600348) has a ROA % of 2.24% 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 Shan Xi Hua Yang Group New Energy Co and its competitors. This is 40% below median its historical median of 3.71. Over the past decade, Shan Xi Hua Yang Group New Energy Co's ROA % has ranged from 1.13 to 10.32. According to the industry distribution chart, Shan Xi Hua Yang Group New Energy Co ranks #69 out of 184 companies in the Other Energy Sources industry, placing it in the top 37.5%.
Is Shan Xi Hua Yang Group New Energy Co's ROA % too high?
Shan Xi Hua Yang Group New Energy Co's current ROA % of 2.24% is 40% below median its 10-year median of 3.71. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 10.32. Based on the distribution chart, Shan Xi Hua Yang Group New Energy Co ranks #69 out of 184 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, Shan Xi Hua Yang Group New Energy Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shan Xi Hua Yang Group New Energy Co's ROA % compare to competitors?
According to the Other Energy Sources industry distribution chart, Shan Xi Hua Yang Group New Energy Co ranks #69 out of 184 companies for ROA %. This puts Shan Xi Hua Yang Group New Energy Co in the upper half of its industry. Historically, Shan Xi Hua Yang Group New Energy Co's own ROA % has ranged from 1.13 to 10.32 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 Shan Xi Hua Yang Group New Energy Co and its competitors. Shan Xi Hua Yang Group New Energy Co's current ROA % is 2.24%, which is 40% below median its own 10-year median of 3.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shan Xi Hua Yang Group New Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Shan Xi Hua Yang Group New Energy Co (SHSE:600348) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥6.20, compared to a current price of ¥7.76 — trading 25.2% above its estimated fair value. The current ROA % is 2.24%, which is 40% below median its 10-year median of 3.71. Shan Xi Hua Yang Group New Energy Co's overall GF Score™ is 74/100 with 6 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 Shan Xi Hua Yang Group New Energy Co (SHSE:600348), the current ROA % is 2.24% 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 Shan Xi Hua Yang Group New Energy Co (SHSE:600348) Overvalued in 2026?
Based on GuruFocus' analysis, Shan Xi Hua Yang Group New Energy Co stock appears to be overvalued.
The current stock price of ¥7.76 is trading 25.2% above its estimated GF Value™ of ¥6.20.
GuruFocus considers Shan Xi Hua Yang Group New Energy Co to be Modestly Overvalued.
Key valuation signals for SHSE:600348:
ROA %: 2.24% (40% below median its 10-year median of 3.71)
GF Value™: ¥6.20 vs. price of ¥7.76 (25.2% above fair value)
No single metric tells the full story. See the SHSE:600348 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shan Xi Hua Yang Group New Energy Co Business Description
Shan Xi Hua Yang Group New Energy Co Ltd is mainly engaged in coal mining, processing, and distribution, as well as power generation and heat supply. The company mainly produces smokeless coal, which is widely applied across various sectors including power generation, fertilizer manufacturing, metallurgy, machinery, and construction materials. Its power supply business serves both industrial operations and household consumption, while its heating services support industrial processes and urban residential heating needs.
74GF Score
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