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. Shanghai Baosteel Packaging Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥262 Mil.
Shanghai Baosteel Packaging Co's average Total Assets over the quarter that ended in Mar. 2026 was ¥9,647 Mil. Therefore, Shanghai Baosteel Packaging Co's annualized ROA % for the quarter that ended in Mar. 2026 was 2.71%.
The historical rank and industry rank for Shanghai Baosteel Packaging Co's ROA % or its related term are showing as below:
SHSE:601968'
s ROA % Range Over the Past 10 Years
Min: 0.11 Med: 2.03 Max: 3.63
Current: 2.07
During the past 13 years, Shanghai Baosteel Packaging Co's highest ROA % was 3.63%. The lowest was 0.11%. And the median was 2.03%.
SHSE:601968's ROA % is ranked worse than 57.11% of 401
companies
in the Packaging & Containers industry
Industry Median: 2.73
vs SHSE:601968: 2.07
Shanghai Baosteel Packaging Co (SHSE:601968) 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.
Shanghai Baosteel Packaging Co ROA % Related Terms
Shanghai Baosteel Packaging 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 Packaging & Containers subindustry, Shanghai Baosteel Packaging 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.
Shanghai Baosteel Packaging Co ROA % vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Shanghai Baosteel Packaging Co's ROA % distribution charts can be found below:
* The bar in red indicates where Shanghai Baosteel Packaging 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.
Shanghai Baosteel Packaging Co (SHSE:601968) has a ROA % of 2.71% 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 Shanghai Baosteel Packaging Co and its competitors. This is 33% above median its historical median of 2.03. Over the past decade, Shanghai Baosteel Packaging Co's ROA % has ranged from 0.11 to 3.63. According to the industry distribution chart, Shanghai Baosteel Packaging Co ranks #229 out of 401 companies in the Packaging & Containers industry, placing it in the top 57.1%.
Is Shanghai Baosteel Packaging Co's ROA % too high?
Shanghai Baosteel Packaging Co's current ROA % of 2.71% is 33% above median its 10-year median of 2.03. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 3.63. The Packaging & Containers industry median ROA % is 2.73. Shanghai Baosteel Packaging Co's value of 2.71% is 0.7% below this industry median. Based on the distribution chart, Shanghai Baosteel Packaging Co ranks #229 out of 401 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Shanghai Baosteel Packaging Co has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Baosteel Packaging Co's ROA % compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Shanghai Baosteel Packaging Co ranks #229 out of 401 companies for ROA %. This places Shanghai Baosteel Packaging Co in the lower half of its industry. The industry median ROA % is 2.73. Shanghai Baosteel Packaging Co's value of 2.71% is 0.7% below this benchmark. Historically, Shanghai Baosteel Packaging Co's own ROA % has ranged from 0.11 to 3.63 over the past decade. While the company's 10-year median is 2.03 vs. the industry median of 2.73, Shanghai Baosteel Packaging 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 Packaging & Containers company?
The median ROA % among Packaging & Containers companies is 2.73, based on 401 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. Shanghai Baosteel Packaging Co's current ROA % of 2.71% is 0.7% 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 Shanghai Baosteel Packaging Co and its competitors. For the Packaging & Containers industry, the median ROA % is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Baosteel Packaging Co's current ROA % is 2.71%, which is 33% above median its own 10-year median of 2.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Baosteel Packaging Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Baosteel Packaging Co (SHSE:601968) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥5.80, compared to a current price of ¥4.16 — trading 28.3% below its estimated fair value. The current ROA % is 2.71%, which is 33% above median its 10-year median of 2.03 and 0.7% below the Packaging & Containers industry median of 2.73. Shanghai Baosteel Packaging Co's overall GF Score™ is 60/100 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 Shanghai Baosteel Packaging Co (SHSE:601968), the current ROA % is 2.71% 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.
Is Shanghai Baosteel Packaging Co (SHSE:601968) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Baosteel Packaging Co stock appears to be undervalued.
The current stock price of ¥4.16 is trading 28.3% below its estimated GF Value™ of ¥5.80.
GuruFocus considers Shanghai Baosteel Packaging Co to be Modestly Undervalued.
Key valuation signals for SHSE:601968:
ROA %: 2.71% (33% above median its 10-year median of 2.03)
GF Value™: ¥5.80 vs. price of ¥4.16 (28.3% below fair value)
Industry Position: 0.7% below the Packaging & Containers median (#229 of 401)
No single metric tells the full story. See the SHSE:601968 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Baosteel Packaging Co Business Description
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:601968 has been successfully added to your 
