ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Shanghai Material Trading Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥24 Mil.
Shanghai Material Trading Co's average Total Assets over the quarter that ended in Mar. 2026 was ¥1,708 Mil. Therefore, Shanghai Material Trading Co's annualized ROA % for the quarter that ended in Mar. 2026 was 1.38%.
The historical rank and industry rank for Shanghai Material Trading Co's ROA % or its related term are showing as below:
SHSE:600822'
s ROA % Range Over the Past 10 Years
Min: 0.39 Med: 2.27 Max: 7.03
Current: 1.6
During the past 13 years, Shanghai Material Trading Co's highest ROA % was 7.03%. The lowest was 0.39%. And the median was 2.27%.
SHSE:600822's ROA % is ranked worse than 59.08% of 567
companies
in the Conglomerates industry
Industry Median: 2.49
vs SHSE:600822: 1.60
Shanghai Material Trading Co (SHSE:600822) 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.
Shanghai Material Trading Co ROA % Related Terms
Shanghai Material Trading 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.
For the Conglomerates subindustry, Shanghai Material Trading 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.
Shanghai Material Trading Co ROA % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Shanghai Material Trading Co's ROA % distribution charts can be found below:
* The bar in red indicates where Shanghai Material Trading 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.
Shanghai Material Trading Co (SHSE:600822) has a ROA % of 1.38% 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 Shanghai Material Trading Co and its competitors. This is 39% below median its historical median of 2.27. Over the past decade, Shanghai Material Trading Co's ROA % has ranged from 0.39 to 7.03. According to the industry distribution chart, Shanghai Material Trading Co ranks #335 out of 567 companies in the Conglomerates industry, placing it in the top 59.1%.
Is Shanghai Material Trading Co's ROA % too high?
Shanghai Material Trading Co's current ROA % of 1.38% is 39% below median its 10-year median of 2.27. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 7.03. The Conglomerates industry median ROA % is 2.49. Shanghai Material Trading Co's value of 1.38% is 44.6% below this industry median. Based on the distribution chart, Shanghai Material Trading Co ranks #335 out of 567 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Shanghai Material Trading Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Material Trading Co's ROA % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Shanghai Material Trading Co ranks #335 out of 567 companies for ROA %. This places Shanghai Material Trading Co in the lower half of its industry. The industry median ROA % is 2.49. Shanghai Material Trading Co's value of 1.38% is 44.6% below this benchmark. Historically, Shanghai Material Trading Co's own ROA % has ranged from 0.39 to 7.03 over the past decade. While the company's 10-year median is 2.27 vs. the industry median of 2.49, Shanghai Material Trading 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 Conglomerates company?
The median ROA % among Conglomerates companies is 2.49, based on 567 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. Shanghai Material Trading Co's current ROA % of 1.38% is 44.6% 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 Shanghai Material Trading Co and its competitors. For the Conglomerates industry, the median ROA % is 2.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Material Trading Co's current ROA % is 1.38%, which is 39% below median its own 10-year median of 2.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Material Trading Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Material Trading Co (SHSE:600822) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.90, compared to a current price of ¥8.03 — trading 36.1% above its estimated fair value. The current ROA % is 1.38%, which is 39% below median its 10-year median of 2.27 and 44.6% below the Conglomerates industry median of 2.49. Shanghai Material Trading Co's overall GF Score™ is 55/100 with 1 warning sign 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 Shanghai Material Trading Co (SHSE:600822), the current ROA % is 1.38% 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 Shanghai Material Trading Co (SHSE:600822) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Material Trading Co stock appears to be overvalued.
The current stock price of ¥8.03 is trading 36.1% above its estimated GF Value™ of ¥5.90.
GuruFocus considers Shanghai Material Trading Co to be Significantly Overvalued.
Key valuation signals for SHSE:600822:
ROA %: 1.38% (39% below median its 10-year median of 2.27)
GF Value™: ¥5.90 vs. price of ¥8.03 (36.1% above fair value)
Industry Position: 44.6% below the Conglomerates median (#335 of 567)
No single metric tells the full story. See the SHSE:600822 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Material Trading Co Ltd is principally engaged in the trading of metal, oil products and automobiles. The company operates its businesses in domestic and overseas markets. Its scopr of business include metal materials, mineral products, light chemical raw materials, building materials, wood, automobiles and accessories, mechanical and electrical equipment, fuel, hardware and electricity, textile Import and export trade business; warehousing, information consulting and technical services.
55GF Score
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