Lao Feng Xiang Co (SHSE:600612) ROA %: 9.68% (As of Mar. 2026) — 16% Above Median

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SHSE:600612 Lao Feng Xiang Co Ltd SHSE:600612
63 GF Score
Price ¥35.01
GF Value ¥44.58
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Lao Feng Xiang Co ROA %?

Lao Feng Xiang Co SHSE:600612 -1.74% 63 ROA % is 9.68% as of Mar. 2026, which is 16% above its 10-year median of 8.31. GuruFocus rates SHSE:600612 with a GF Score™ of 63/100 and a GF Value™ of ¥44.58 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,134 Retail - Cyclical companies, Lao Feng Xiang Co ranks better than 74.16% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Lao Feng Xiang Co's annualized Net Income for the quarter that ended in Mar. 2026 was ¥2,188 Mil. Lao Feng Xiang Co's average Total Assets over the quarter that ended in Mar. 2026 was ¥22,609 Mil. Therefore, Lao Feng Xiang Co's annualized ROA % for the quarter that ended in Mar. 2026 was 9.68%.

The historical rank and industry rank for Lao Feng Xiang Co's ROA % or its related term are showing as below:

SHSE:600612' s ROA % Range Over the Past 10 Years
Min: 6.85   Med: 8.31   Max: 8.87
Current: 6.85

During the past 13 years, Lao Feng Xiang Co's highest ROA % was 8.87%. The lowest was 6.85%. And the median was 8.31%.

SHSE:600612's ROA % is ranked better than
74.16% of 1134 companies
in the Retail - Cyclical industry
Industry Median: 2.73 vs SHSE:600612: 6.85

Lao Feng Xiang Co  (SHSE:600612) 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
=2188.216/22609.105
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2188.216 / 54968.864)*(54968.864 / 22609.105)
=Net Margin %*Asset Turnover
=3.98 %*2.4313
=9.68 %

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.


Lao Feng Xiang Co ROA % Related Terms


Lao Feng Xiang Co ROA % Historical Data

* Premium members only.

The historical data trend for Lao Feng Xiang 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.

Lao Feng Xiang Co ROA % Chart

Lao Feng Xiang 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 8.87 7.04 8.80 8.29 8.08

Lao Feng Xiang 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 9.43 9.13 3.56 5.57 9.68

SHSE:600612 vs TPR: ROA % Comparison

For the Luxury Goods subindustry, Lao Feng Xiang 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.


Lao Feng Xiang Co ROA % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lao Feng Xiang Co's ROA % distribution charts can be found below:

* The bar in red indicates where Lao Feng Xiang Co's ROA % falls into.


SHSE:600612
63GF Score
Lao Feng Xiang Co Ltd SHSE:600612
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lao Feng Xiang Co ROA % Calculation

Lao Feng Xiang 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 )
=1754.964/( (22731.142+20726.406)/ 2 )
=1754.964/21728.774
=8.08 %

Lao Feng Xiang 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 )
=2188.216/( (20726.406+24491.804)/ 2 )
=2188.216/22609.105
=9.68 %

* 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 9.68% mean?
Lao Feng Xiang Co (SHSE:600612) has a ROA % of 9.68% 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 Lao Feng Xiang Co and its competitors. This is 16% above median its historical median of 8.31. Over the past decade, Lao Feng Xiang Co's ROA % has ranged from 6.85 to 8.87. According to the industry distribution chart, Lao Feng Xiang Co ranks #293 out of 1134 companies in the Retail - Cyclical industry, placing it in the top 25.8%.
Is Lao Feng Xiang Co's ROA % too high?
Lao Feng Xiang Co's current ROA % of 9.68% is 16% above median its 10-year median of 8.31. Over the past 10 years, this metric has ranged from a low of 6.85 to a high of 8.87. The Retail - Cyclical industry median ROA % is 2.73. Lao Feng Xiang Co's value of 9.68% is 254.6% above this industry median. Based on the distribution chart, Lao Feng Xiang Co ranks #293 out of 1134 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Lao Feng Xiang Co has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lao Feng Xiang Co's ROA % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Lao Feng Xiang Co ranks #293 out of 1134 companies for ROA %. This puts Lao Feng Xiang Co in the upper half of its industry. The industry median ROA % is 2.73. Lao Feng Xiang Co's value of 9.68% is 254.6% above this benchmark. Historically, Lao Feng Xiang Co's own ROA % has ranged from 6.85 to 8.87 over the past decade. While the company's 10-year median is 8.31 vs. the industry median of 2.73, Lao Feng Xiang 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 Retail - Cyclical company?
The median ROA % among Retail - Cyclical companies is 2.73, based on 1,134 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. Lao Feng Xiang Co's current ROA % of 9.68% is 254.6% 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 Lao Feng Xiang Co and its competitors. For the Retail - Cyclical industry, the median ROA % is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lao Feng Xiang Co's current ROA % is 9.68%, which is 16% above median its own 10-year median of 8.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lao Feng Xiang Co stock overvalued right now?
Based on GuruFocus' analysis, Lao Feng Xiang Co (SHSE:600612) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥44.58, compared to a current price of ¥35.01 — trading 21.5% below its estimated fair value. The current ROA % is 9.68%, which is 16% above median its 10-year median of 8.31 and 254.6% above the Retail - Cyclical industry median of 2.73. Lao Feng Xiang Co's overall GF Score™ is 63/100 with 2 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 Lao Feng Xiang Co (SHSE:600612), the current ROA % is 9.68% 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 Lao Feng Xiang Co (SHSE:600612) Overvalued in 2026?

Based on GuruFocus' analysis, Lao Feng Xiang Co stock appears to be undervalued. The current stock price of ¥35.01 is trading 21.5% below its estimated GF Value™ of ¥44.58. GuruFocus considers Lao Feng Xiang Co to be Modestly Undervalued.

Key valuation signals for SHSE:600612:

  • ROA %: 9.68% (16% above median its 10-year median of 8.31)
  • GF Value™: ¥44.58 vs. price of ¥35.01 (21.5% below fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 254.6% above the Retail - Cyclical median (#293 of 1134)

No single metric tells the full story. See the SHSE:600612 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lao Feng Xiang Co Business Description

Other Exchanges 900905:China
Address No. 270, Luxi Road, 6th Floor, Building 1, Xuhui District, Shanghai, CHN, 200235
Lao Feng Xiang Co Ltd is engaged in the manufacture and sale of gold jewelry. It is also engaged in the manufacture and distribution of gold arts and crafts, and other related products.
63GF Score

Get the complete analysis for SHSE:600612

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

¥35.01
Price
¥44.58
GF Value