ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Ningxia Baofeng Energy Group Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥14,643 Mil.
Ningxia Baofeng Energy Group Co's average Total Assets over the quarter that ended in Mar. 2026 was ¥92,331 Mil. Therefore, Ningxia Baofeng Energy Group Co's annualized ROA % for the quarter that ended in Mar. 2026 was 15.86%.
SHSE:600989'
s ROA % Range Over the Past 10 Years
Min: 6.38 Med: 12.5 Max: 17.14
Current: 13.76
During the past 13 years, Ningxia Baofeng Energy Group Co's highest ROA % was 17.14%. The lowest was 6.38%. And the median was 12.50%.
SHSE:600989's ROA % is ranked better than 95.1% of 1613
companies
in the Chemicals industry
Industry Median: 2.9
vs SHSE:600989: 13.76
Ningxia Baofeng Energy Group Co (SHSE:600989) 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.
Ningxia Baofeng Energy Group Co ROA % Related Terms
Ningxia Baofeng Energy Group 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 Chemicals subindustry, Ningxia Baofeng Energy Group 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.
Ningxia Baofeng Energy Group Co ROA % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Ningxia Baofeng Energy Group Co's ROA % distribution charts can be found below:
* The bar in red indicates where Ningxia Baofeng Energy Group 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.
Ningxia Baofeng Energy Group Co (SHSE:600989) has a ROA % of 15.86% 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 Ningxia Baofeng Energy Group Co and its competitors. This is 27% above median its historical median of 12.50. Over the past decade, Ningxia Baofeng Energy Group Co's ROA % has ranged from 6.38 to 17.14. According to the industry distribution chart, Ningxia Baofeng Energy Group Co ranks #79 out of 1613 companies in the Chemicals industry, placing it in the top 4.9%.
Is Ningxia Baofeng Energy Group Co's ROA % too high?
Ningxia Baofeng Energy Group Co's current ROA % of 15.86% is 27% above median its 10-year median of 12.50. Over the past 10 years, this metric has ranged from a low of 6.38 to a high of 17.14. The Chemicals industry median ROA % is 2.90. Ningxia Baofeng Energy Group Co's value of 15.86% is 446.9% above this industry median. Based on the distribution chart, Ningxia Baofeng Energy Group Co ranks #79 out of 1613 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Ningxia Baofeng Energy Group Co has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningxia Baofeng Energy Group Co's ROA % compare to DOW?
According to the Chemicals industry distribution chart, Ningxia Baofeng Energy Group Co ranks #79 out of 1613 companies for ROA %. This places Ningxia Baofeng Energy Group Co in the top 5% of its industry — outperforming the majority of peers. The industry median ROA % is 2.90. Ningxia Baofeng Energy Group Co's value of 15.86% is 446.9% above this benchmark. Historically, Ningxia Baofeng Energy Group Co's own ROA % has ranged from 6.38 to 17.14 over the past decade. While the company's 10-year median is 12.50 vs. the industry median of 2.90, Ningxia Baofeng Energy Group 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 Chemicals company?
The median ROA % among Chemicals companies is 2.90, based on 1,613 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. Ningxia Baofeng Energy Group Co's current ROA % of 15.86% is 446.9% 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 Ningxia Baofeng Energy Group Co and its competitors. For the Chemicals industry, the median ROA % is 2.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningxia Baofeng Energy Group Co's current ROA % is 15.86%, which is 27% above median its own 10-year median of 12.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningxia Baofeng Energy Group Co stock overvalued right now?
Based on GuruFocus' analysis, Ningxia Baofeng Energy Group Co (SHSE:600989) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥26.73, compared to a current price of ¥20.75 — trading 22.4% below its estimated fair value. The current ROA % is 15.86%, which is 27% above median its 10-year median of 12.50 and 446.9% above the Chemicals industry median of 2.90. Ningxia Baofeng Energy Group Co's overall GF Score™ is 94/100 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 Ningxia Baofeng Energy Group Co (SHSE:600989), the current ROA % is 15.86% 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 Ningxia Baofeng Energy Group Co (SHSE:600989) Overvalued in 2026?
Based on GuruFocus' analysis, Ningxia Baofeng Energy Group Co stock appears to be undervalued.
The current stock price of ¥20.75 is trading 22.4% below its estimated GF Value™ of ¥26.73.
GuruFocus considers Ningxia Baofeng Energy Group Co to be Modestly Undervalued.
Key valuation signals for SHSE:600989:
ROA %: 15.86% (27% above median its 10-year median of 12.50)
GF Value™: ¥26.73 vs. price of ¥20.75 (22.4% below fair value)
Industry Position: 446.9% above the Chemicals median (#79 of 1613)
No single metric tells the full story. See the SHSE:600989 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningxia Baofeng Energy Group Co Business Description
Ningxia Baofeng Energy Group Co Ltd is engaged in the production and sales of modern coal chemical products. The company operates through four segments. The Coking Products segment covers coal mining, washing, and coking activities. The Fine Chemical Products segment focuses on coal tar, crude benzene, and C4 deep-processed products. The Olefin Products segment is involved in the production of methanol and olefins. The Headquarters and Other Product segment manages investment, financing, and support services, alongside the activities of its commercial service companies. It generates the majority of its revenue from the Olefin Products segment.
94GF Score
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