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SHSE:600467's ROA % is ranked worse than 69.56% of 1994
companies
in the Consumer Packaged Goods industry
Industry Median: 3.29
vs SHSE:600467: 0.46
Shandong Homey Aquatic Development Co (SHSE:600467) 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.
Shandong Homey Aquatic Development Co ROA % Related Terms
Shandong Homey Aquatic Development 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.
For the Farm Products subindustry, Shandong Homey Aquatic Development 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.
Shandong Homey Aquatic Development Co ROA % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Shandong Homey Aquatic Development Co's ROA % distribution charts can be found below:
* The bar in red indicates where Shandong Homey Aquatic Development 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.
Shandong Homey Aquatic Development Co (SHSE:600467) has a ROA % of 0.46% 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 Shandong Homey Aquatic Development Co and its competitors. This is 51% below median its historical median of 0.93. Over the past decade, Shandong Homey Aquatic Development Co's ROA % has ranged from 0.45 to 1.44. According to the industry distribution chart, Shandong Homey Aquatic Development Co ranks #1387 out of 1994 companies in the Consumer Packaged Goods industry, placing it in the top 69.6%.
Is Shandong Homey Aquatic Development Co's ROA % too high?
Shandong Homey Aquatic Development Co's current ROA % of 0.46% is 51% below median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 1.44. The Consumer Packaged Goods industry median ROA % is 3.29. Shandong Homey Aquatic Development Co's value of 0.46% is 86% below this industry median. Based on the distribution chart, Shandong Homey Aquatic Development Co ranks #1387 out of 1994 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Shandong Homey Aquatic Development Co has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Homey Aquatic Development Co's ROA % compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Shandong Homey Aquatic Development Co ranks #1387 out of 1994 companies for ROA %. This places Shandong Homey Aquatic Development Co in the lower half of its industry. The industry median ROA % is 3.29. Shandong Homey Aquatic Development Co's value of 0.46% is 86% below this benchmark. Historically, Shandong Homey Aquatic Development Co's own ROA % has ranged from 0.45 to 1.44 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 3.29, Shandong Homey Aquatic Development 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 Consumer Packaged Goods company?
The median ROA % among Consumer Packaged Goods companies is 3.29, based on 1,994 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. Shandong Homey Aquatic Development Co's current ROA % of 0.46% is 86% 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 Shandong Homey Aquatic Development Co and its competitors. For the Consumer Packaged Goods industry, the median ROA % is 3.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Homey Aquatic Development Co's current ROA % is 0.46%, which is 51% below median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Homey Aquatic Development Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Homey Aquatic Development Co (SHSE:600467) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥1.89, compared to a current price of ¥2.21 — trading 16.9% above its estimated fair value. The current ROA % is 0.46%, which is 51% below median its 10-year median of 0.93 and 86% below the Consumer Packaged Goods industry median of 3.29. Shandong Homey Aquatic Development Co's overall GF Score™ is 59/100 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 Shandong Homey Aquatic Development Co (SHSE:600467), the current ROA % is 0.46% 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 Shandong Homey Aquatic Development Co (SHSE:600467) Overvalued in 2026?
Based on GuruFocus' analysis, Shandong Homey Aquatic Development Co stock appears to be overvalued.
The current stock price of ¥2.21 is trading 16.9% above its estimated GF Value™ of ¥1.89.
GuruFocus considers Shandong Homey Aquatic Development Co to be Modestly Overvalued.
Key valuation signals for SHSE:600467:
ROA %: 0.46% (51% below median its 10-year median of 0.93)
GF Value™: ¥1.89 vs. price of ¥2.21 (16.9% above fair value)
Industry Position: 86% below the Consumer Packaged Goods median (#1387 of 1994)
No single metric tells the full story. See the SHSE:600467 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shandong Homey Aquatic Development Co Business Description
Shandong Homey Aquatic Development Co Ltd is engaged in the aquaculture and food processing businesses in China. Its products include sea cucumber, sea bream, abalone, prawn, kelp, clam, loach and other sea treasures, all of which are medium and high-grade seafood. Its other products include frozen food, aquatic products, health tonic series, beverage series products and salted aquatic products. The company distributes its products within the domestic market and to overseas markets.
59GF Score
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ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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