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Top Energy Co shanxiSHSE:600780 +2.97%76 ROA % is 5.68% as of Mar. 2026, which is 78% above its 10-year median of 3.19. GuruFocus rates SHSE:600780 with a GF Score™ of 76/100 and a GF Value™ of ¥6.31 (Fairly Valued). The stock has 4 warning signs investors should review. Among 510 Utilities - Regulated companies, Top Energy Co shanxi ranks better than 79.22% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Top Energy Co shanxi's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥688 Mil.
Top Energy Co shanxi's average Total Assets over the quarter that ended in Mar. 2026 was ¥12,118 Mil. Therefore, Top Energy Co shanxi's annualized ROA % for the quarter that ended in Mar. 2026 was 5.68%.
The historical rank and industry rank for Top Energy Co shanxi's ROA % or its related term are showing as below:
SHSE:600780'
s ROA % Range Over the Past 10 Years
Min: 0.68 Med: 3.19 Max: 9.19
Current: 5.76
During the past 13 years, Top Energy Co shanxi's highest ROA % was 9.19%. The lowest was 0.68%. And the median was 3.19%.
SHSE:600780's ROA % is ranked better than 79.22% of 510
companies
in the Utilities - Regulated industry
Industry Median: 3.05
vs SHSE:600780: 5.76
Top Energy Co shanxi (SHSE:600780) 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 Utilities - Regulated Electric subindustry, Top Energy Co shanxi'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.
Top Energy Co shanxi ROA % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Top Energy Co shanxi's ROA % distribution charts can be found below:
* The bar in red indicates where Top Energy Co shanxi'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.
Top Energy Co shanxi (SHSE:600780) has a ROA % of 5.68% 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 Top Energy Co shanxi and its competitors. This is 78% above median its historical median of 3.19. Over the past decade, Top Energy Co shanxi's ROA % has ranged from 0.68 to 9.19. According to the industry distribution chart, Top Energy Co shanxi ranks #106 out of 510 companies in the Utilities - Regulated industry, placing it in the top 20.8%.
Is Top Energy Co shanxi's ROA % too high?
Top Energy Co shanxi's current ROA % of 5.68% is 78% above median its 10-year median of 3.19. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 9.19. The Utilities - Regulated industry median ROA % is 3.05. Top Energy Co shanxi's value of 5.68% is 86.2% above this industry median. Based on the distribution chart, Top Energy Co shanxi ranks #106 out of 510 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Top Energy Co shanxi has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Top Energy Co shanxi's ROA % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Top Energy Co shanxi ranks #106 out of 510 companies for ROA %. This places Top Energy Co shanxi in the top 21% of its industry — outperforming the majority of peers. The industry median ROA % is 3.05. Top Energy Co shanxi's value of 5.68% is 86.2% above this benchmark. Historically, Top Energy Co shanxi's own ROA % has ranged from 0.68 to 9.19 over the past decade. While the company's 10-year median is 3.19 vs. the industry median of 3.05, Top Energy Co shanxi 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 an Utilities - Regulated company?
The median ROA % among Utilities - Regulated companies is 3.05, based on 510 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. Top Energy Co shanxi's current ROA % of 5.68% is 86.2% 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 Top Energy Co shanxi and its competitors. For the Utilities - Regulated industry, the median ROA % is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Top Energy Co shanxi's current ROA % is 5.68%, which is 78% above median its own 10-year median of 3.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Energy Co shanxi stock overvalued right now?
Based on GuruFocus' analysis, Top Energy Co shanxi (SHSE:600780) is currently considered Fairly Valued. The stock's GF Value™ is ¥6.31, compared to a current price of ¥5.90 — trading 6.5% below its estimated fair value. The current ROA % is 5.68%, which is 78% above median its 10-year median of 3.19 and 86.2% above the Utilities - Regulated industry median of 3.05. Top Energy Co shanxi's overall GF Score™ is 76/100 with 4 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 Top Energy Co shanxi (SHSE:600780), the current ROA % is 5.68% 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 Top Energy Co shanxi (SHSE:600780) Overvalued in 2026?
Based on GuruFocus' analysis, Top Energy Co shanxi stock appears to be undervalued.
The current stock price of ¥5.90 is trading 6.5% below its estimated GF Value™ of ¥6.31.
GuruFocus considers Top Energy Co shanxi to be Fairly Valued.
Key valuation signals for SHSE:600780:
ROA %: 5.68% (78% above median its 10-year median of 3.19)
GF Value™: ¥6.31 vs. price of ¥5.90 (6.5% below fair value)
Industry Position: 86.2% above the Utilities - Regulated median (#106 of 510)
No single metric tells the full story. See the SHSE:600780 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Top Energy Co Ltd shanxi is a Chinese company engaged in the generation of thermal electric power and heat. Its main distribution market is Shanxi province, China.
76GF Score
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