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Techstorm Advanced MaterialSHSE:601026 +3.52%30 ROA % is 2.97% as of Mar. 2026, which is 30% below its 10-year median of 4.23. GuruFocus rates SHSE:601026 with a GF Score™ of 30/100. The stock has 3 warning signs investors should review. Among 1,612 Chemicals companies, Techstorm Advanced Material ranks better than 67% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Techstorm Advanced Material's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥124 Mil.
Techstorm Advanced Material's average Total Assets over the quarter that ended in Mar. 2026 was ¥4,169 Mil. Therefore, Techstorm Advanced Material's annualized ROA % for the quarter that ended in Mar. 2026 was 2.97%.
The historical rank and industry rank for Techstorm Advanced Material's ROA % or its related term are showing as below:
SHSE:601026'
s ROA % Range Over the Past 10 Years
Min: 3.27 Med: 4.23 Max: 5.2
Current: 5.1
During the past 6 years, Techstorm Advanced Material's highest ROA % was 5.20%. The lowest was 3.27%. And the median was 4.23%.
SHSE:601026's ROA % is ranked better than 67% of 1612
companies
in the Chemicals industry
Industry Median: 2.915
vs SHSE:601026: 5.10
Techstorm Advanced Material (SHSE:601026) 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.
* 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 Specialty Chemicals subindustry, Techstorm Advanced Material'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.
Techstorm Advanced Material ROA % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Techstorm Advanced Material's ROA % distribution charts can be found below:
* The bar in red indicates where Techstorm Advanced Material'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.
Techstorm Advanced Material (SHSE:601026) has a ROA % of 2.97% 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 Techstorm Advanced Material and its competitors. This is 30% below median its historical median of 4.23. Over the past decade, Techstorm Advanced Material's ROA % has ranged from 3.27 to 5.20. According to the industry distribution chart, Techstorm Advanced Material ranks #532 out of 1612 companies in the Chemicals industry, placing it in the top 33%.
Is Techstorm Advanced Material's ROA % too high?
Techstorm Advanced Material's current ROA % of 2.97% is 30% below median its 10-year median of 4.23. Over the past 10 years, this metric has ranged from a low of 3.27 to a high of 5.20. The Chemicals industry median ROA % is 2.92. Techstorm Advanced Material's value of 2.97% is 1.9% above this industry median. Based on the distribution chart, Techstorm Advanced Material ranks #532 out of 1612 companies in the Chemicals industry, which is above the industry midpoint. Overall, Techstorm Advanced Material has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Techstorm Advanced Material's ROA % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Techstorm Advanced Material ranks #532 out of 1612 companies for ROA %. This puts Techstorm Advanced Material in the upper half of its industry. The industry median ROA % is 2.92. Techstorm Advanced Material's value of 2.97% is 1.9% above this benchmark. Historically, Techstorm Advanced Material's own ROA % has ranged from 3.27 to 5.20 over the past decade. While the company's 10-year median is 4.23 vs. the industry median of 2.92, Techstorm Advanced Material 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 2.92, based on 1,612 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. Techstorm Advanced Material's current ROA % of 2.97% is 1.9% 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 Techstorm Advanced Material and its competitors. For the Chemicals industry, the median ROA % is 2.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techstorm Advanced Material's current ROA % is 2.97%, which is 30% below median its own 10-year median of 4.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techstorm Advanced Material stock overvalued right now?
Techstorm Advanced Material (SHSE:601026) has a current ROA % of 2.97%. The current ROA % is 2.97%, which is 30% below median its 10-year median of 4.23 and 1.9% above the Chemicals industry median of 2.92. Techstorm Advanced Material's overall GF Score™ is 30/100 with 3 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 Techstorm Advanced Material (SHSE:601026), the current ROA % is 2.97% 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.
Techstorm Advanced Material Corp Ltd is engaged in the manufacturing and development of chemical products related to: Wind Energy, Composites, Automotive, Electric, and Photovoltaic. Its products are Adhesives (Onshore, Offshore), Various auxiliary adhesive systems, Gas cylinder wound resin, Cable mandrel pultrusion resin, Silicone sealant for solar photovoltaic modules, and Others.
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