Sichuan Changhong Electric Co (SHSE:600839) ROA %: 0.39% (As of Mar. 2026) — 30% Below Median


SHSE:600839 Sichuan Changhong Electric Co Ltd SHSE:600839
54 GF Score
Price ¥6.85
GF Value ¥8.92
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Sichuan Changhong Electric Co ROA %?

Sichuan Changhong Electric Co SHSE:600839 -1.44% 54 ROA % is 0.39% as of Mar. 2026, which is 30% below its 10-year median of 0.56. GuruFocus rates SHSE:600839 with a GF Score™ of 54/100 and a GF Value™ of ¥8.92 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 432 Furnishings, Fixtures & Appliances companies, Sichuan Changhong Electric Co ranks worse than 62.27% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Sichuan Changhong Electric Co's annualized Net Income for the quarter that ended in Mar. 2026 was ¥394 Mil. Sichuan Changhong Electric Co's average Total Assets over the quarter that ended in Mar. 2026 was ¥100,098 Mil. Therefore, Sichuan Changhong Electric Co's annualized ROA % for the quarter that ended in Mar. 2026 was 0.39%.

The historical rank and industry rank for Sichuan Changhong Electric Co's ROA % or its related term are showing as below:

SHSE:600839' s ROA % Range Over the Past 10 Years
Min: 0.06   Med: 0.56   Max: 0.99
Current: 0.73

During the past 13 years, Sichuan Changhong Electric Co's highest ROA % was 0.99%. The lowest was 0.06%. And the median was 0.56%.

SHSE:600839's ROA % is ranked worse than
62.27% of 432 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.215 vs SHSE:600839: 0.73

Sichuan Changhong Electric Co  (SHSE:600839) 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
=393.912/100098.0375
=(Net Income / Revenue)*(Revenue / Total Assets)
=(393.912 / 109105.64)*(109105.64 / 100098.0375)
=Net Margin %*Asset Turnover
=0.36 %*1.09
=0.39 %

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.


Sichuan Changhong Electric Co ROA % Related Terms


Sichuan Changhong Electric Co ROA % Historical Data

* Premium members only.

The historical data trend for Sichuan Changhong Electric 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.

Sichuan Changhong Electric Co ROA % Chart

Sichuan Changhong Electric 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 0.36 0.57 0.76 0.73 0.99

Sichuan Changhong Electric 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 1.38 0.60 2.00 -0.08 0.39

SHSE:600839 vs SN, SGI, MHK: ROA % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Sichuan Changhong Electric 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.


Sichuan Changhong Electric Co ROA % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Sichuan Changhong Electric Co's ROA % distribution charts can be found below:

* The bar in red indicates where Sichuan Changhong Electric Co's ROA % falls into.


SHSE:600839
54GF Score
Sichuan Changhong Electric Co Ltd SHSE:600839
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sichuan Changhong Electric Co ROA % Calculation

Sichuan Changhong Electric 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 )
=988.886/( (99378.402+100809.792)/ 2 )
=988.886/100094.097
=0.99 %

Sichuan Changhong Electric 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 )
=393.912/( (100809.792+99386.283)/ 2 )
=393.912/100098.0375
=0.39 %

* 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 0.39% mean?
Sichuan Changhong Electric Co (SHSE:600839) has a ROA % of 0.39% 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 Sichuan Changhong Electric Co and its competitors. This is 30% below median its historical median of 0.56. Over the past decade, Sichuan Changhong Electric Co's ROA % has ranged from 0.06 to 0.99. According to the industry distribution chart, Sichuan Changhong Electric Co ranks #269 out of 432 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 62.3%.
Is Sichuan Changhong Electric Co's ROA % too high?
Sichuan Changhong Electric Co's current ROA % of 0.39% is 30% below median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.99. The Furnishings, Fixtures & Appliances industry median ROA % is 2.22. Sichuan Changhong Electric Co's value of 0.39% is 82.4% below this industry median. Based on the distribution chart, Sichuan Changhong Electric Co ranks #269 out of 432 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Sichuan Changhong Electric Co has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sichuan Changhong Electric Co's ROA % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Sichuan Changhong Electric Co ranks #269 out of 432 companies for ROA %. This places Sichuan Changhong Electric Co in the lower half of its industry. The industry median ROA % is 2.22. Sichuan Changhong Electric Co's value of 0.39% is 82.4% below this benchmark. Historically, Sichuan Changhong Electric Co's own ROA % has ranged from 0.06 to 0.99 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 2.22, Sichuan Changhong Electric 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 Furnishings, Fixtures & Appliances company?
The median ROA % among Furnishings, Fixtures & Appliances companies is 2.22, based on 432 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. Sichuan Changhong Electric Co's current ROA % of 0.39% is 82.4% 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 Sichuan Changhong Electric Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROA % is 2.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sichuan Changhong Electric Co's current ROA % is 0.39%, which is 30% below median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sichuan Changhong Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Sichuan Changhong Electric Co (SHSE:600839) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥8.92, compared to a current price of ¥6.85 — trading 23.2% below its estimated fair value. The current ROA % is 0.39%, which is 30% below median its 10-year median of 0.56 and 82.4% below the Furnishings, Fixtures & Appliances industry median of 2.22. Sichuan Changhong Electric Co's overall GF Score™ is 54/100 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 Sichuan Changhong Electric Co (SHSE:600839), the current ROA % is 0.39% 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 Sichuan Changhong Electric Co (SHSE:600839) Overvalued in 2026?

Based on GuruFocus' analysis, Sichuan Changhong Electric Co stock appears to be undervalued. The current stock price of ¥6.85 is trading 23.2% below its estimated GF Value™ of ¥8.92. GuruFocus considers Sichuan Changhong Electric Co to be Modestly Undervalued.

Key valuation signals for SHSE:600839:

  • ROA %: 0.39% (30% below median its 10-year median of 0.56)
  • GF Value™: ¥8.92 vs. price of ¥6.85 (23.2% below fair value)
  • GF Score™: 54/100 with 4 warning signs
  • Industry Position: 82.4% below the Furnishings, Fixtures & Appliances median (#269 of 432)

No single metric tells the full story. See the SHSE:600839 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sichuan Changhong Electric Co Business Description

Address No. 35, Mianxing East Road, High-tech Zone, Sichuan Province, Mianyang, CHN, 621000
Sichuan Changhong Electric Co Ltd is a China-based manufacturer and distributor of electronics and home appliances. It specializes in research and development, manufacturing, and marketing of various series of products, including TVs, refrigerators, air conditioners, cell phones, electronic components, compressors, and IT-integrated service businesses represented by mass distribution of digital products and cloud computing value-added services.
54GF Score

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

¥6.85
Price
¥8.92
GF Value