Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Industrial Bank Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥95,328 Mil.
Industrial Bank Co's average Total Assets over the quarter that ended in Mar. 2026 was ¥11,188,582 Mil. Therefore, Industrial Bank Co's annualized ROA % for the quarter that ended in Mar. 2026 was 0.85%.
The historical rank and industry rank for Industrial Bank Co's ROA % or its related term are showing as below:
SHSE:601166'
s ROA % Range Over the Past 10 Years
Min: 0.71 Med: 0.92 Max: 1.02
Current: 0.71
During the past 13 years, Industrial Bank Co's highest ROA % was 1.02%. The lowest was 0.71%. And the median was 0.92%.
SHSE:601166's ROA % is ranked worse than 67.23% of 1532
companies
in the Banks industry
Industry Median: 0.98
vs SHSE:601166: 0.71
Industrial Bank Co (SHSE:601166) 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.
Industrial Bank Co ROA % Related Terms
Industrial Bank Co ROA % Historical Data
* Premium members only.
The historical data trend for Industrial Bank 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.
For the Banks - Regional subindustry, Industrial Bank 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.
Industrial Bank Co ROA % vs Banks Industry
For the Banks industry and Financial Services sector, Industrial Bank Co's ROA % distribution charts can be found below:
* The bar in red indicates where Industrial Bank 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.
Industrial Bank Co (SHSE:601166) has a ROA % of 0.85% 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 Industrial Bank Co and its competitors. This is near median its historical median of 0.92. Over the past decade, Industrial Bank Co's ROA % has ranged from 0.71 to 1.02. According to the industry distribution chart, Industrial Bank Co ranks #1030 out of 1532 companies in the Banks industry, placing it in the top 67.2%.
Is Industrial Bank Co's ROA % too high?
Industrial Bank Co's current ROA % of 0.85% is near median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 1.02. The Banks industry median ROA % is 0.98. Industrial Bank Co's value of 0.85% is 13.3% below this industry median. Based on the distribution chart, Industrial Bank Co ranks #1030 out of 1532 companies in the Banks industry, which is below the industry midpoint. Overall, Industrial Bank Co has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Industrial Bank Co's ROA % compare to competitors?
According to the Banks industry distribution chart, Industrial Bank Co ranks #1030 out of 1532 companies for ROA %. This places Industrial Bank Co in the lower half of its industry. The industry median ROA % is 0.98. Industrial Bank Co's value of 0.85% is 13.3% below this benchmark. Historically, Industrial Bank Co's own ROA % has ranged from 0.71 to 1.02 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 0.98, Industrial Bank 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 Banks company?
The median ROA % among Banks companies is 0.98, based on 1,532 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. Industrial Bank Co's current ROA % of 0.85% is 13.3% 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 Industrial Bank Co and its competitors. For the Banks industry, the median ROA % is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Industrial Bank Co's current ROA % is 0.85%, which is near median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industrial Bank Co stock overvalued right now?
Based on GuruFocus' analysis, Industrial Bank Co (SHSE:601166) is currently considered Fairly Valued. The stock's GF Value™ is ¥18.44, compared to a current price of ¥17.45 — trading 5.4% below its estimated fair value. The current ROA % is 0.85%, which is near median its 10-year median of 0.92 and 13.3% below the Banks industry median of 0.98. Industrial Bank Co's overall GF Score™ is 51/100 with 2 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 Industrial Bank Co (SHSE:601166), the current ROA % is 0.85% 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 Industrial Bank Co (SHSE:601166) Overvalued in 2026?
Based on GuruFocus' analysis, Industrial Bank Co stock appears to be undervalued.
The current stock price of ¥17.45 is trading 5.4% below its estimated GF Value™ of ¥18.44.
GuruFocus considers Industrial Bank Co to be Fairly Valued.
Key valuation signals for SHSE:601166:
ROA %: 0.85% (near median its 10-year median of 0.92)
GF Value™: ¥18.44 vs. price of ¥17.45 (5.4% below fair value)
Industry Position: 13.3% below the Banks median (#1030 of 1532)
No single metric tells the full story. See the SHSE:601166 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Industrial Bank was founded in 1988 and started as a regional bank in Fujian province. It has grown to become the second-largest joint-stock bank in China with more than CNY 11 trillion in assets as of December 2025. The bank offers a full range of commercial banking services with a specialty in bank-bank cooperation. It also operates a proprietary "Yinyin platform" that offers complete financial service solutions to other financial institutions, such as payments and settlements, wealth management, and technology output services.
51GF Score
Get the complete analysis for SHSE:601166
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:601166 has been successfully added to your 
