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SHSE:600916's ROA % is ranked worse than 53.45% of 1130
companies
in the Retail - Cyclical industry
Industry Median: 2.73
vs SHSE:600916: 2.29
China National Gold Group Gold Jewellery Co (SHSE:600916) 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.
China National Gold Group Gold Jewellery Co ROA % Related Terms
China National Gold Group Gold Jewellery 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.
China National Gold Group Gold Jewellery Co ROA % Chart
China National Gold Group Gold Jewellery Co Annual Data
* 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.
China National Gold Group Gold Jewellery Co ROA % vs Retail - Cyclical Industry
* 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.
China National Gold Group Gold Jewellery Co (SHSE:600916) has a ROA % of 5.06% 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 China National Gold Group Gold Jewellery Co and its competitors. This is 11% below median its historical median of 5.67. Over the past decade, China National Gold Group Gold Jewellery Co's ROA % has ranged from 2.17 to 7.87. According to the industry distribution chart, China National Gold Group Gold Jewellery Co ranks #604 out of 1130 companies in the Retail - Cyclical industry, placing it in the top 53.5%.
Is China National Gold Group Gold Jewellery Co's ROA % too high?
China National Gold Group Gold Jewellery Co's current ROA % of 5.06% is 11% below median its 10-year median of 5.67. Over the past 10 years, this metric has ranged from a low of 2.17 to a high of 7.87. The Retail - Cyclical industry median ROA % is 2.73. China National Gold Group Gold Jewellery Co's value of 5.06% is 85.3% above this industry median. Based on the distribution chart, China National Gold Group Gold Jewellery Co ranks #604 out of 1130 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, China National Gold Group Gold Jewellery Co has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China National Gold Group Gold Jewellery Co's ROA % compare to TPR?
According to the Retail - Cyclical industry distribution chart, China National Gold Group Gold Jewellery Co ranks #604 out of 1130 companies for ROA %. This places China National Gold Group Gold Jewellery Co in the lower half of its industry. The industry median ROA % is 2.73. China National Gold Group Gold Jewellery Co's value of 5.06% is 85.3% above this benchmark. Historically, China National Gold Group Gold Jewellery Co's own ROA % has ranged from 2.17 to 7.87 over the past decade. While the company's 10-year median is 5.67 vs. the industry median of 2.73, China National Gold Group Gold Jewellery 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 1,130 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. China National Gold Group Gold Jewellery Co's current ROA % of 5.06% is 85.3% 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 China National Gold Group Gold Jewellery 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. China National Gold Group Gold Jewellery Co's current ROA % is 5.06%, which is 11% below median its own 10-year median of 5.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China National Gold Group Gold Jewellery Co stock overvalued right now?
Based on GuruFocus' analysis, China National Gold Group Gold Jewellery Co (SHSE:600916) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥10.83, compared to a current price of ¥7.23 — trading 33.2% below its estimated fair value. The current ROA % is 5.06%, which is 11% below median its 10-year median of 5.67 and 85.3% above the Retail - Cyclical industry median of 2.73. China National Gold Group Gold Jewellery Co's overall GF Score™ is 80/100 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 China National Gold Group Gold Jewellery Co (SHSE:600916), the current ROA % is 5.06% 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 China National Gold Group Gold Jewellery Co (SHSE:600916) Overvalued in 2026?
Based on GuruFocus' analysis, China National Gold Group Gold Jewellery Co stock appears to be undervalued.
The current stock price of ¥7.23 is trading 33.2% below its estimated GF Value™ of ¥10.83.
GuruFocus considers China National Gold Group Gold Jewellery Co to be Significantly Undervalued.
Key valuation signals for SHSE:600916:
ROA %: 5.06% (11% below median its 10-year median of 5.67)
GF Value™: ¥10.83 vs. price of ¥7.23 (33.2% below fair value)
Industry Position: 85.3% above the Retail - Cyclical median (#604 of 1130)
No single metric tells the full story. See the SHSE:600916 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China National Gold Group Gold Jewellery Co Business Description
China National Gold Group Gold Jewellery Co Ltd is a professional gold jewelry production and sales enterprise specializing in the operation of the China Gold brand.
80GF Score
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