ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Zhejiang Longsheng Group Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥2,149 Mil.
Zhejiang Longsheng Group Co's average Total Assets over the quarter that ended in Mar. 2026 was ¥76,630 Mil. Therefore, Zhejiang Longsheng Group Co's annualized ROA % for the quarter that ended in Mar. 2026 was 2.80%.
The historical rank and industry rank for Zhejiang Longsheng Group Co's ROA % or its related term are showing as below:
SHSE:600352'
s ROA % Range Over the Past 10 Years
Min: 2.31 Med: 5.63 Max: 9.62
Current: 2.58
During the past 13 years, Zhejiang Longsheng Group Co's highest ROA % was 9.62%. The lowest was 2.31%. And the median was 5.63%.
SHSE:600352's ROA % is ranked worse than 52.97% of 1614
companies
in the Chemicals industry
Industry Median: 2.9
vs SHSE:600352: 2.58
Zhejiang Longsheng Group Co (SHSE:600352) 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 Specialty Chemicals subindustry, Zhejiang Longsheng Group 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.
Zhejiang Longsheng Group Co ROA % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Zhejiang Longsheng Group Co's ROA % distribution charts can be found below:
* The bar in red indicates where Zhejiang Longsheng Group 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.
Zhejiang Longsheng Group Co (SHSE:600352) has a ROA % of 2.80% 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 Zhejiang Longsheng Group Co and its competitors. This is 50% below median its historical median of 5.63. Over the past decade, Zhejiang Longsheng Group Co's ROA % has ranged from 2.31 to 9.62. According to the industry distribution chart, Zhejiang Longsheng Group Co ranks #855 out of 1614 companies in the Chemicals industry, placing it in the top 53%.
Is Zhejiang Longsheng Group Co's ROA % too high?
Zhejiang Longsheng Group Co's current ROA % of 2.80% is 50% below median its 10-year median of 5.63. Over the past 10 years, this metric has ranged from a low of 2.31 to a high of 9.62. The Chemicals industry median ROA % is 2.90. Zhejiang Longsheng Group Co's value of 2.80% is 3.4% below this industry median. Based on the distribution chart, Zhejiang Longsheng Group Co ranks #855 out of 1614 companies in the Chemicals industry, which is below the industry midpoint. Overall, Zhejiang Longsheng Group Co has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Longsheng Group Co's ROA % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Zhejiang Longsheng Group Co ranks #855 out of 1614 companies for ROA %. This places Zhejiang Longsheng Group Co in the lower half of its industry. The industry median ROA % is 2.90. Zhejiang Longsheng Group Co's value of 2.80% is 3.4% below this benchmark. Historically, Zhejiang Longsheng Group Co's own ROA % has ranged from 2.31 to 9.62 over the past decade. While the company's 10-year median is 5.63 vs. the industry median of 2.90, Zhejiang Longsheng Group 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 1,614 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. Zhejiang Longsheng Group Co's current ROA % of 2.80% is 3.4% 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 Zhejiang Longsheng Group 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. Zhejiang Longsheng Group Co's current ROA % is 2.80%, which is 50% below median its own 10-year median of 5.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Longsheng Group Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Longsheng Group Co (SHSE:600352) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥9.59, compared to a current price of ¥12.56 — trading 31% above its estimated fair value. The current ROA % is 2.80%, which is 50% below median its 10-year median of 5.63 and 3.4% below the Chemicals industry median of 2.90. Zhejiang Longsheng Group Co's overall GF Score™ is 62/100 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 Zhejiang Longsheng Group Co (SHSE:600352), the current ROA % is 2.80% 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 Zhejiang Longsheng Group Co (SHSE:600352) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Longsheng Group Co stock appears to be overvalued.
The current stock price of ¥12.56 is trading 31% above its estimated GF Value™ of ¥9.59.
GuruFocus considers Zhejiang Longsheng Group Co to be Significantly Overvalued.
Key valuation signals for SHSE:600352:
ROA %: 2.80% (50% below median its 10-year median of 5.63)
GF Value™: ¥9.59 vs. price of ¥12.56 (31% above fair value)
Industry Position: 3.4% below the Chemicals median (#855 of 1614)
No single metric tells the full story. See the SHSE:600352 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Longsheng Group Co Ltd is a China-based company principally engaged in the production and sale of dyes and automobile spare parts. The Dye (Except for Dystar) segment focuses on manufacturing dyes used in textile printing and dyeing processes. The Intermediate segment is involved in the production of meta-phenylenediamine and resorcinol, which are mainly applied in the manufacturing of dyes, aramid fibers, resorcinol derivatives, meta aminophenol, rubber adhesives, synthetic resins, and other related materials. The Dystar segment is dedicated to producing fuels and additives utilized in textile printing and dyeing applications. In addition, the company conducts operations through the Inorganic Chemical, Real Estate, Auto Parts, and Others segments.
62GF Score
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