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.
Chengdu Gas GroupSHSE:603053 +1.25%82 ROA % is 8.07% as of Mar. 2026, which is 11% above its 10-year median of 7.24. GuruFocus rates SHSE:603053 with a GF Score™ of 82/100 and a GF Value™ of ¥9.97 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 509 Utilities - Regulated companies, Chengdu Gas Group ranks better than 77.6% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Chengdu Gas Group's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥668 Mil.
Chengdu Gas Group's average Total Assets over the quarter that ended in Mar. 2026 was ¥8,277 Mil. Therefore, Chengdu Gas Group's annualized ROA % for the quarter that ended in Mar. 2026 was 8.07%.
The historical rank and industry rank for Chengdu Gas Group's ROA % or its related term are showing as below:
SHSE:603053'
s ROA % Range Over the Past 10 Years
Min: 5.55 Med: 7.24 Max: 10.77
Current: 5.55
During the past 11 years, Chengdu Gas Group's highest ROA % was 10.77%. The lowest was 5.55%. And the median was 7.24%.
SHSE:603053's ROA % is ranked better than 77.6% of 509
companies
in the Utilities - Regulated industry
Industry Median: 3.05
vs SHSE:603053: 5.55
Chengdu Gas Group (SHSE:603053) 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.
Chengdu Gas Group ROA % Related Terms
Chengdu Gas Group ROA % Historical Data
* Premium members only.
The historical data trend for Chengdu Gas Group'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 Utilities - Regulated Gas subindustry, Chengdu Gas Group'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.
Chengdu Gas Group ROA % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Chengdu Gas Group's ROA % distribution charts can be found below:
* The bar in red indicates where Chengdu Gas Group'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.
Chengdu Gas Group (SHSE:603053) has a ROA % of 8.07% 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 Chengdu Gas Group and its competitors. This is 11% above median its historical median of 7.24. Over the past decade, Chengdu Gas Group's ROA % has ranged from 5.55 to 10.77. According to the industry distribution chart, Chengdu Gas Group ranks #114 out of 509 companies in the Utilities - Regulated industry, placing it in the top 22.4%.
Is Chengdu Gas Group's ROA % too high?
Chengdu Gas Group's current ROA % of 8.07% is 11% above median its 10-year median of 7.24. Over the past 10 years, this metric has ranged from a low of 5.55 to a high of 10.77. The Utilities - Regulated industry median ROA % is 3.05. Chengdu Gas Group's value of 8.07% is 164.6% above this industry median. Based on the distribution chart, Chengdu Gas Group ranks #114 out of 509 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Chengdu Gas Group has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chengdu Gas Group's ROA % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Chengdu Gas Group ranks #114 out of 509 companies for ROA %. This places Chengdu Gas Group in the top 22% of its industry — outperforming the majority of peers. The industry median ROA % is 3.05. Chengdu Gas Group's value of 8.07% is 164.6% above this benchmark. Historically, Chengdu Gas Group's own ROA % has ranged from 5.55 to 10.77 over the past decade. While the company's 10-year median is 7.24 vs. the industry median of 3.05, Chengdu Gas Group 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 an Utilities - Regulated company?
The median ROA % among Utilities - Regulated companies is 3.05, based on 509 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. Chengdu Gas Group's current ROA % of 8.07% is 164.6% 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 Chengdu Gas Group and its competitors. For the Utilities - Regulated industry, the median ROA % is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chengdu Gas Group's current ROA % is 8.07%, which is 11% above median its own 10-year median of 7.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chengdu Gas Group stock overvalued right now?
Based on GuruFocus' analysis, Chengdu Gas Group (SHSE:603053) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥9.97, compared to a current price of ¥8.89 — trading 10.8% below its estimated fair value. The current ROA % is 8.07%, which is 11% above median its 10-year median of 7.24 and 164.6% above the Utilities - Regulated industry median of 3.05. Chengdu Gas Group's overall GF Score™ is 82/100 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 Chengdu Gas Group (SHSE:603053), the current ROA % is 8.07% 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 Chengdu Gas Group (SHSE:603053) Overvalued in 2026?
Based on GuruFocus' analysis, Chengdu Gas Group stock appears to be undervalued.
The current stock price of ¥8.89 is trading 10.8% below its estimated GF Value™ of ¥9.97.
GuruFocus considers Chengdu Gas Group to be Modestly Undervalued.
Key valuation signals for SHSE:603053:
ROA %: 8.07% (11% above median its 10-year median of 7.24)
GF Value™: ¥9.97 vs. price of ¥8.89 (10.8% below fair value)
Industry Position: 164.6% above the Utilities - Regulated median (#114 of 509)
No single metric tells the full story. See the SHSE:603053 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chengdu Gas Group Corp Ltd is engaged in urban gas supply in large and medium cities in China. The company's business includes city gas supply, gas engineering planning, design, construction and installation, gas transmission and distribution, application, management, gas intelligent system research and development, equipment manufacturing, gas special equipment, pressure vessels, measuring device testing, gas appliances and equipment sales.
82GF Score
Get the complete analysis for SHSE:603053
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:603053 has been successfully added to your 
