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SHSE:600496's ROA % is ranked worse than 53% of 1783
companies
in the Construction industry
Industry Median: 2.87
vs SHSE:600496: 2.38
Changjiang & Jinggong Steel Building (Group) Co (SHSE:600496) 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.
Changjiang & Jinggong Steel Building (Group) Co ROA % Related Terms
Changjiang & Jinggong Steel Building (Group) 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.
Changjiang & Jinggong Steel Building (Group) Co ROA % Chart
Changjiang & Jinggong Steel Building (Group) Co Annual Data
* 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.
Changjiang & Jinggong Steel Building (Group) Co ROA % vs Construction 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.
Changjiang & Jinggong Steel Building (Group) Co (SHSE:600496) has a ROA % of 2.18% 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 Changjiang & Jinggong Steel Building (Group) Co and its competitors. This is near median its historical median of 2.33. Over the past decade, Changjiang & Jinggong Steel Building (Group) Co's ROA % has ranged from 0.56 to 4.37. According to the industry distribution chart, Changjiang & Jinggong Steel Building (Group) Co ranks #945 out of 1783 companies in the Construction industry, placing it in the top 53%.
Is Changjiang & Jinggong Steel Building (Group) Co's ROA % too high?
Changjiang & Jinggong Steel Building (Group) Co's current ROA % of 2.18% is near median its 10-year median of 2.33. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 4.37. The Construction industry median ROA % is 2.87. Changjiang & Jinggong Steel Building (Group) Co's value of 2.18% is 24% below this industry median. Based on the distribution chart, Changjiang & Jinggong Steel Building (Group) Co ranks #945 out of 1783 companies in the Construction industry, which is below the industry midpoint. Overall, Changjiang & Jinggong Steel Building (Group) Co has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Changjiang & Jinggong Steel Building (Group) Co's ROA % compare to PWR and FIX?
According to the Construction industry distribution chart, Changjiang & Jinggong Steel Building (Group) Co ranks #945 out of 1783 companies for ROA %. This places Changjiang & Jinggong Steel Building (Group) Co in the lower half of its industry. The industry median ROA % is 2.87. Changjiang & Jinggong Steel Building (Group) Co's value of 2.18% is 24% below this benchmark. Historically, Changjiang & Jinggong Steel Building (Group) Co's own ROA % has ranged from 0.56 to 4.37 over the past decade. While the company's 10-year median is 2.33 vs. the industry median of 2.87, Changjiang & Jinggong Steel Building (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 Construction company?
The median ROA % among Construction companies is 2.87, based on 1,783 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. Changjiang & Jinggong Steel Building (Group) Co's current ROA % of 2.18% is 24% 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 Changjiang & Jinggong Steel Building (Group) Co and its competitors. For the Construction industry, the median ROA % is 2.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changjiang & Jinggong Steel Building (Group) Co's current ROA % is 2.18%, which is near median its own 10-year median of 2.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changjiang & Jinggong Steel Building (Group) Co stock overvalued right now?
Based on GuruFocus' analysis, Changjiang & Jinggong Steel Building (Group) Co (SHSE:600496) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.06, compared to a current price of ¥3.18 — trading 21.7% below its estimated fair value. The current ROA % is 2.18%, which is near median its 10-year median of 2.33 and 24% below the Construction industry median of 2.87. Changjiang & Jinggong Steel Building (Group) Co's overall GF Score™ is 84/100 with 5 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 Changjiang & Jinggong Steel Building (Group) Co (SHSE:600496), the current ROA % is 2.18% 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 Changjiang & Jinggong Steel Building (Group) Co (SHSE:600496) Overvalued in 2026?
Based on GuruFocus' analysis, Changjiang & Jinggong Steel Building (Group) Co stock appears to be undervalued.
The current stock price of ¥3.18 is trading 21.7% below its estimated GF Value™ of ¥4.06.
GuruFocus considers Changjiang & Jinggong Steel Building (Group) Co to be Modestly Undervalued.
Key valuation signals for SHSE:600496:
ROA %: 2.18% (near median its 10-year median of 2.33)
GF Value™: ¥4.06 vs. price of ¥3.18 (21.7% below fair value)
Industry Position: 24% below the Construction median (#945 of 1783)
No single metric tells the full story. See the SHSE:600496 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Changjiang & Jinggong Steel Building (Group) Co Business Description
Changjiang & Jinggong Steel Building (Group) Co Ltd is a China-based company engaged in the design, production, construction, and engineering services of steel construction and enclosure system. Its main products include light steel structures, space large span steel structures, high-rise steel structures, envelope systems and fasteners, as well as curtain wall systems. The company mainly operates its businesses in the domestic and overseas markets.
84GF Score
Get the complete analysis for SHSE:600496
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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