Hebei Hengshui Laobaigan Liquor Co (SHSE:600559) ROA %: 7.58% (As of Mar. 2026) — 22% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600559 Hebei Hengshui Laobaigan Liquor Co Ltd SHSE:600559
87 GF Score
Price ¥11.70
GF Value ¥14.83
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Hebei Hengshui Laobaigan Liquor Co ROA %?

Hebei Hengshui Laobaigan Liquor Co SHSE:600559 -2.42% 87 ROA % is 7.58% as of Mar. 2026, which is 22% above its 10-year median of 6.21. GuruFocus rates SHSE:600559 with a GF Score™ of 87/100 and a GF Value™ of ¥14.83 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 212 Beverages - Alcoholic companies, Hebei Hengshui Laobaigan Liquor Co ranks better than 66.04% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Hebei Hengshui Laobaigan Liquor Co's annualized Net Income for the quarter that ended in Mar. 2026 was ¥662 Mil. Hebei Hengshui Laobaigan Liquor Co's average Total Assets over the quarter that ended in Mar. 2026 was ¥8,733 Mil. Therefore, Hebei Hengshui Laobaigan Liquor Co's annualized ROA % for the quarter that ended in Mar. 2026 was 7.58%.

The historical rank and industry rank for Hebei Hengshui Laobaigan Liquor Co's ROA % or its related term are showing as below:

SHSE:600559' s ROA % Range Over the Past 10 Years
Min: 3.69   Med: 6.21   Max: 8.57
Current: 4.91

During the past 13 years, Hebei Hengshui Laobaigan Liquor Co's highest ROA % was 8.57%. The lowest was 3.69%. And the median was 6.21%.

SHSE:600559's ROA % is ranked better than
66.04% of 212 companies
in the Beverages - Alcoholic industry
Industry Median: 2.915 vs SHSE:600559: 4.91

Hebei Hengshui Laobaigan Liquor Co  (SHSE:600559) 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 bank’s 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:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=661.816/8732.9375
=(Net Income / Revenue)*(Revenue / Total Assets)
=(661.816 / 4880.692)*(4880.692 / 8732.9375)
=Net Margin %*Asset Turnover
=13.56 %*0.5589
=7.58 %

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.


Hebei Hengshui Laobaigan Liquor Co ROA % Related Terms


Hebei Hengshui Laobaigan Liquor Co ROA % Historical Data

* Premium members only.

The historical data trend for Hebei Hengshui Laobaigan Liquor Co's ROA % can be seen below:

* 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.

Hebei Hengshui Laobaigan Liquor Co ROA % Chart

Hebei Hengshui Laobaigan Liquor Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.53 8.57 7.23 8.24 4.72

Hebei Hengshui Laobaigan Liquor Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.26 7.15 3.57 1.36 7.58

SHSE:600559 vs BF.B: ROA % Comparison

For the Beverages - Wineries & Distilleries subindustry, Hebei Hengshui Laobaigan Liquor 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.


Hebei Hengshui Laobaigan Liquor Co ROA % vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Hebei Hengshui Laobaigan Liquor Co's ROA % distribution charts can be found below:

* The bar in red indicates where Hebei Hengshui Laobaigan Liquor Co's ROA % falls into.


SHSE:600559
87GF Score
Hebei Hengshui Laobaigan Liquor Co Ltd SHSE:600559
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hebei Hengshui Laobaigan Liquor Co ROA % Calculation

Hebei Hengshui Laobaigan Liquor Co's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=429.781/( (9612.762+8601.131)/ 2 )
=429.781/9106.9465
=4.72 %

Hebei Hengshui Laobaigan Liquor Co's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=661.816/( (8601.131+8864.744)/ 2 )
=661.816/8732.9375
=7.58 %

* 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.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 7.58% mean?
Hebei Hengshui Laobaigan Liquor Co (SHSE:600559) has a ROA % of 7.58% 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 Hebei Hengshui Laobaigan Liquor Co and its competitors. This is 22% above median its historical median of 6.21. Over the past decade, Hebei Hengshui Laobaigan Liquor Co's ROA % has ranged from 3.69 to 8.57. According to the industry distribution chart, Hebei Hengshui Laobaigan Liquor Co ranks #72 out of 212 companies in the Beverages - Alcoholic industry, placing it in the top 34%.
Is Hebei Hengshui Laobaigan Liquor Co's ROA % too high?
Hebei Hengshui Laobaigan Liquor Co's current ROA % of 7.58% is 22% above median its 10-year median of 6.21. Over the past 10 years, this metric has ranged from a low of 3.69 to a high of 8.57. The Beverages - Alcoholic industry median ROA % is 2.92. Hebei Hengshui Laobaigan Liquor Co's value of 7.58% is 160% above this industry median. Based on the distribution chart, Hebei Hengshui Laobaigan Liquor Co ranks #72 out of 212 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Hebei Hengshui Laobaigan Liquor Co has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hebei Hengshui Laobaigan Liquor Co's ROA % compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Hebei Hengshui Laobaigan Liquor Co ranks #72 out of 212 companies for ROA %. This puts Hebei Hengshui Laobaigan Liquor Co in the upper half of its industry. The industry median ROA % is 2.92. Hebei Hengshui Laobaigan Liquor Co's value of 7.58% is 160% above this benchmark. Historically, Hebei Hengshui Laobaigan Liquor Co's own ROA % has ranged from 3.69 to 8.57 over the past decade. While the company's 10-year median is 6.21 vs. the industry median of 2.92, Hebei Hengshui Laobaigan Liquor 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 Beverages - Alcoholic company?
The median ROA % among Beverages - Alcoholic companies is 2.92, based on 212 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. Hebei Hengshui Laobaigan Liquor Co's current ROA % of 7.58% is 160% 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 Hebei Hengshui Laobaigan Liquor Co and its competitors. For the Beverages - Alcoholic industry, the median ROA % is 2.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hebei Hengshui Laobaigan Liquor Co's current ROA % is 7.58%, which is 22% above median its own 10-year median of 6.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hebei Hengshui Laobaigan Liquor Co stock overvalued right now?
Based on GuruFocus' analysis, Hebei Hengshui Laobaigan Liquor Co (SHSE:600559) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥14.83, compared to a current price of ¥11.70 — trading 21.1% below its estimated fair value. The current ROA % is 7.58%, which is 22% above median its 10-year median of 6.21 and 160% above the Beverages - Alcoholic industry median of 2.92. Hebei Hengshui Laobaigan Liquor Co's overall GF Score™ is 87/100 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 Hebei Hengshui Laobaigan Liquor Co (SHSE:600559), the current ROA % is 7.58% 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 Hebei Hengshui Laobaigan Liquor Co (SHSE:600559) Overvalued in 2026?

Based on GuruFocus' analysis, Hebei Hengshui Laobaigan Liquor Co stock appears to be undervalued. The current stock price of ¥11.70 is trading 21.1% below its estimated GF Value™ of ¥14.83. GuruFocus considers Hebei Hengshui Laobaigan Liquor Co to be Modestly Undervalued.

Key valuation signals for SHSE:600559:

  • ROA %: 7.58% (22% above median its 10-year median of 6.21)
  • GF Value™: ¥14.83 vs. price of ¥11.70 (21.1% below fair value)
  • GF Score™: 87/100 with 6 warning signs
  • Industry Position: 160% above the Beverages - Alcoholic median (#72 of 212)

No single metric tells the full story. See the SHSE:600559 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hebei Hengshui Laobaigan Liquor Co Business Description

Address No. 809 Renmin East Road, Hebei Province, Hengshui, CHN, 053000
Hebei Hengshui Laobaigan Liquor Co Ltd is engaged in the brewing industry. It is a manufacturer in the white liquor industry in China. The company's products include Hengshui old white and Eighteen White Square and 67 degrees.
87GF Score

Get the complete analysis for SHSE:600559

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥11.70
Price
¥14.83
GF Value