Grandtop Yongxing Group CoSHSE:601033 +1.40%36 ROA % is 3.71% as of Mar. 2026, which is 17% above its 10-year median of 3.17. GuruFocus rates SHSE:601033 with a GF Score™ of 36/100. The stock has 5 warning signs investors should review. Among 248 Waste Management companies, Grandtop Yongxing Group Co ranks better than 62.1% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Grandtop Yongxing Group Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥950 Mil.
Grandtop Yongxing Group Co's average Total Assets over the quarter that ended in Mar. 2026 was ¥25,597 Mil. Therefore, Grandtop Yongxing Group Co's annualized ROA % for the quarter that ended in Mar. 2026 was 3.71%.
The historical rank and industry rank for Grandtop Yongxing Group Co's ROA % or its related term are showing as below:
SHSE:601033'
s ROA % Range Over the Past 10 Years
Min: 1.24 Med: 3.17 Max: 3.78
Current: 3.56
During the past 7 years, Grandtop Yongxing Group Co's highest ROA % was 3.78%. The lowest was 1.24%. And the median was 3.17%.
SHSE:601033's ROA % is ranked better than 62.1% of 248
companies
in the Waste Management industry
Industry Median: 1.53
vs SHSE:601033: 3.56
Grandtop Yongxing Group Co (SHSE:601033) 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 Waste Management subindustry, Grandtop Yongxing 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.
Grandtop Yongxing Group Co ROA % vs Waste Management Industry
For the Waste Management industry and Industrials sector, Grandtop Yongxing Group Co's ROA % distribution charts can be found below:
* The bar in red indicates where Grandtop Yongxing 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.
Grandtop Yongxing Group Co (SHSE:601033) has a ROA % of 3.71% 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 Grandtop Yongxing Group Co and its competitors. This is 17% above median its historical median of 3.17. Over the past decade, Grandtop Yongxing Group Co's ROA % has ranged from 1.24 to 3.78. According to the industry distribution chart, Grandtop Yongxing Group Co ranks #94 out of 248 companies in the Waste Management industry, placing it in the top 37.9%.
Is Grandtop Yongxing Group Co's ROA % too high?
Grandtop Yongxing Group Co's current ROA % of 3.71% is 17% above median its 10-year median of 3.17. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 3.78. The Waste Management industry median ROA % is 1.53. Grandtop Yongxing Group Co's value of 3.71% is 142.5% above this industry median. Based on the distribution chart, Grandtop Yongxing Group Co ranks #94 out of 248 companies in the Waste Management industry, which is above the industry midpoint. Overall, Grandtop Yongxing Group Co has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Grandtop Yongxing Group Co's ROA % compare to WM and RSG?
According to the Waste Management industry distribution chart, Grandtop Yongxing Group Co ranks #94 out of 248 companies for ROA %. This puts Grandtop Yongxing Group Co in the upper half of its industry. The industry median ROA % is 1.53. Grandtop Yongxing Group Co's value of 3.71% is 142.5% above this benchmark. Historically, Grandtop Yongxing Group Co's own ROA % has ranged from 1.24 to 3.78 over the past decade. While the company's 10-year median is 3.17 vs. the industry median of 1.53, Grandtop Yongxing 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 Waste Management company?
The median ROA % among Waste Management companies is 1.53, based on 248 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. Grandtop Yongxing Group Co's current ROA % of 3.71% is 142.5% 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 Grandtop Yongxing Group Co and its competitors. For the Waste Management industry, the median ROA % is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grandtop Yongxing Group Co's current ROA % is 3.71%, which is 17% above median its own 10-year median of 3.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grandtop Yongxing Group Co stock overvalued right now?
Grandtop Yongxing Group Co (SHSE:601033) has a current ROA % of 3.71%. The current ROA % is 3.71%, which is 17% above median its 10-year median of 3.17 and 142.5% above the Waste Management industry median of 1.53. Grandtop Yongxing Group Co's overall GF Score™ is 36/100 with 5 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 Grandtop Yongxing Group Co (SHSE:601033), the current ROA % is 3.71% 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.
Grandtop Yongxing Group Co Ltd is engaged in the waste incineration power generation business. The company focuses on clean energy production and focuses on the harmless, reduction, and resource utilization treatment of solid waste.
36GF Score
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