ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Ningbo Marine Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥-33 Mil.
Ningbo Marine Co's average Total Assets over the quarter that ended in Mar. 2026 was ¥6,270 Mil. Therefore, Ningbo Marine Co's annualized ROA % for the quarter that ended in Mar. 2026 was -0.53%.
The historical rank and industry rank for Ningbo Marine Co's ROA % or its related term are showing as below:
SHSE:600798'
s ROA % Range Over the Past 10 Years
Min: 0.34 Med: 1.94 Max: 4.36
Current: 1.02
During the past 13 years, Ningbo Marine Co's highest ROA % was 4.36%. The lowest was 0.34%. And the median was 1.94%.
SHSE:600798's ROA % is ranked worse than 72.79% of 1007
companies
in the Transportation industry
Industry Median: 3.43
vs SHSE:600798: 1.02
Ningbo Marine Co (SHSE:600798) 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.
Ningbo Marine Co ROA % Related Terms
Ningbo Marine Co ROA % Historical Data
* Premium members only.
The historical data trend for Ningbo Marine 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.
For the Marine Shipping subindustry, Ningbo Marine 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.
Ningbo Marine Co ROA % vs Transportation Industry
For the Transportation industry and Industrials sector, Ningbo Marine Co's ROA % distribution charts can be found below:
* The bar in red indicates where Ningbo Marine 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.
Ningbo Marine Co (SHSE:600798) has a ROA % of -0.53% 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 Ningbo Marine Co and its competitors. Over the past decade, Ningbo Marine Co's ROA % has ranged from 0.34 to 4.36. According to the industry distribution chart, Ningbo Marine Co ranks #733 out of 1007 companies in the Transportation industry, placing it in the top 72.8%.
Is Ningbo Marine Co's ROA % too high?
Ningbo Marine Co's current ROA % is -0.53%. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 4.36. Based on the distribution chart, Ningbo Marine Co ranks #733 out of 1007 companies in the Transportation industry, which is below the industry midpoint. Overall, Ningbo Marine Co has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Marine Co's ROA % compare to competitors?
According to the Transportation industry distribution chart, Ningbo Marine Co ranks #733 out of 1007 companies for ROA %. This places Ningbo Marine Co in the lower half of its industry. The industry median ROA % is 3.43. Historically, Ningbo Marine Co's own ROA % has ranged from 0.34 to 4.36 over the past decade. 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 Transportation company?
The median ROA % among Transportation companies is 3.43, based on 1,007 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. 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 Ningbo Marine Co and its competitors. For the Transportation industry, the median ROA % is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Marine Co's current ROA % is -0.53%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Marine Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Marine Co (SHSE:600798) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥3.79, compared to a current price of ¥3.11 — trading 17.9% below its estimated fair value. The current ROA % is -0.53%. Ningbo Marine Co's overall GF Score™ is 62/100 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 Ningbo Marine Co (SHSE:600798), the current ROA % is -0.53% 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 Ningbo Marine Co (SHSE:600798) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Marine Co stock appears to be undervalued.
The current stock price of ¥3.11 is trading 17.9% below its estimated GF Value™ of ¥3.79.
GuruFocus considers Ningbo Marine Co to be Modestly Undervalued.
Key valuation signals for SHSE:600798:
ROA %: -0.53%
GF Value™: ¥3.79 vs. price of ¥3.11 (17.9% below fair value)
No single metric tells the full story. See the SHSE:600798 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Marine Co Ltd is a China-based company mainly engaged in the transportation of goods on China's coastal Yangtze River, as well as international ocean shipping and investing in transportation infrastructure and transportation service facilities. Its activities include transportation service facilities; import and export of self-operated and agent goods and technologies, except for goods and technologies that are restricted or prohibited by the state; apply for training, examinations, provide related activities such as manning for domestic sailing ships, and others.
62GF Score
Get the complete analysis for SHSE:600798
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:600798 has been successfully added to your 
