Zhejiang Huangma Technology Co (SHSE:603181) ROA %: 10.15% (As of Mar. 2026) — 10% Below Median


SHSE:603181 Zhejiang Huangma Technology Co Ltd SHSE:603181
85 GF Score
Price ¥15.89
GF Value ¥13.57
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Zhejiang Huangma Technology Co ROA %?

Zhejiang Huangma Technology Co SHSE:603181 -3.99% 85 ROA % is 10.15% as of Mar. 2026, which is 10% below its 10-year median of 11.22. GuruFocus rates SHSE:603181 with a GF Score™ of 85/100 and a GF Value™ of ¥13.57 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,613 Chemicals companies, Zhejiang Huangma Technology Co ranks better than 89.58% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Zhejiang Huangma Technology Co's annualized Net Income for the quarter that ended in Mar. 2026 was ¥450 Mil. Zhejiang Huangma Technology Co's average Total Assets over the quarter that ended in Mar. 2026 was ¥4,428 Mil. Therefore, Zhejiang Huangma Technology Co's annualized ROA % for the quarter that ended in Mar. 2026 was 10.15%.

The historical rank and industry rank for Zhejiang Huangma Technology Co's ROA % or its related term are showing as below:

SHSE:603181' s ROA % Range Over the Past 10 Years
Min: 7.27   Med: 11.22   Max: 15.5
Current: 10.76

During the past 13 years, Zhejiang Huangma Technology Co's highest ROA % was 15.50%. The lowest was 7.27%. And the median was 11.22%.

SHSE:603181's ROA % is ranked better than
89.58% of 1613 companies
in the Chemicals industry
Industry Median: 2.9 vs SHSE:603181: 10.76

Zhejiang Huangma Technology Co  (SHSE:603181) 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 bank’s 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:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=449.68/4428.3655
=(Net Income / Revenue)*(Revenue / Total Assets)
=(449.68 / 2628.036)*(2628.036 / 4428.3655)
=Net Margin %*Asset Turnover
=17.11 %*0.5935
=10.15 %

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.


Zhejiang Huangma Technology Co ROA % Related Terms


Zhejiang Huangma Technology Co ROA % Historical Data

* Premium members only.

The historical data trend for Zhejiang Huangma Technology 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.

Zhejiang Huangma Technology Co ROA % Chart

Zhejiang Huangma Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.50 15.05 9.66 10.91 10.66

Zhejiang Huangma Technology Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.45 11.93 11.84 9.44 10.15

SHSE:603181 vs LIN, SHW, ECL: ROA % Comparison

For the Specialty Chemicals subindustry, Zhejiang Huangma Technology 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.


Zhejiang Huangma Technology Co ROA % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zhejiang Huangma Technology Co's ROA % distribution charts can be found below:

* The bar in red indicates where Zhejiang Huangma Technology Co's ROA % falls into.


SHSE:603181
85GF Score
Zhejiang Huangma Technology Co Ltd SHSE:603181
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Huangma Technology Co ROA % Calculation

Zhejiang Huangma Technology Co's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=436.605/( (3875.093+4315.646)/ 2 )
=436.605/4095.3695
=10.66 %

Zhejiang Huangma Technology Co's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=449.68/( (4315.646+4541.085)/ 2 )
=449.68/4428.3655
=10.15 %

* 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.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 10.15% mean?
Zhejiang Huangma Technology Co (SHSE:603181) has a ROA % of 10.15% 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 Zhejiang Huangma Technology Co and its competitors. This is 10% below median its historical median of 11.22. Over the past decade, Zhejiang Huangma Technology Co's ROA % has ranged from 7.27 to 15.50. According to the industry distribution chart, Zhejiang Huangma Technology Co ranks #168 out of 1613 companies in the Chemicals industry, placing it in the top 10.4%.
Is Zhejiang Huangma Technology Co's ROA % too high?
Zhejiang Huangma Technology Co's current ROA % of 10.15% is 10% below median its 10-year median of 11.22. Over the past 10 years, this metric has ranged from a low of 7.27 to a high of 15.50. The Chemicals industry median ROA % is 2.90. Zhejiang Huangma Technology Co's value of 10.15% is 250% above this industry median. Based on the distribution chart, Zhejiang Huangma Technology Co ranks #168 out of 1613 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang Huangma Technology Co has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Huangma Technology Co's ROA % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Zhejiang Huangma Technology Co ranks #168 out of 1613 companies for ROA %. This places Zhejiang Huangma Technology Co in the top 10% of its industry — outperforming the majority of peers. The industry median ROA % is 2.90. Zhejiang Huangma Technology Co's value of 10.15% is 250% above this benchmark. Historically, Zhejiang Huangma Technology Co's own ROA % has ranged from 7.27 to 15.50 over the past decade. While the company's 10-year median is 11.22 vs. the industry median of 2.90, Zhejiang Huangma Technology 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 Chemicals company?
The median ROA % among Chemicals companies is 2.90, based on 1,613 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. Zhejiang Huangma Technology Co's current ROA % of 10.15% is 250% 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 Zhejiang Huangma Technology Co and its competitors. For the Chemicals industry, the median ROA % is 2.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Huangma Technology Co's current ROA % is 10.15%, which is 10% below median its own 10-year median of 11.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Huangma Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Huangma Technology Co (SHSE:603181) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥13.57, compared to a current price of ¥15.89 — trading 17.1% above its estimated fair value. The current ROA % is 10.15%, which is 10% below median its 10-year median of 11.22 and 250% above the Chemicals industry median of 2.90. Zhejiang Huangma Technology Co's overall GF Score™ is 85/100 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 Zhejiang Huangma Technology Co (SHSE:603181), the current ROA % is 10.15% 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 Zhejiang Huangma Technology Co (SHSE:603181) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Huangma Technology Co stock appears to be overvalued. The current stock price of ¥15.89 is trading 17.1% above its estimated GF Value™ of ¥13.57. GuruFocus considers Zhejiang Huangma Technology Co to be Modestly Overvalued.

Key valuation signals for SHSE:603181:

  • ROA %: 10.15% (10% below median its 10-year median of 11.22)
  • GF Value™: ¥13.57 vs. price of ¥15.89 (17.1% above fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 250% above the Chemicals median (#168 of 1613)

No single metric tells the full story. See the SHSE:603181 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Huangma Technology Co Business Description

Address Zhangzhen Industrial New District, Shangyu District, Zhejiang Province, Shaoxing, CHN, 312363
Zhejiang Huangma Technology Co Ltd is focused on the development, production and sales of speciality surfactants. Its product offering includes more than 1,200 products in the chemical fibre Oil olate, printing and textile auxiliaries plate, lubricant and metalworking fluids plate, water reducing agent plate, coating plate, silicones surfactant plate, pesticide auxiliary plate, water treatment plate, personal care plate and other surfactant plates. The products are widely applied to silicone, lubricants and metal processing, environmentally friendly coatings, composite new materials, special fibres, agrochemical additives and other downstream areas.
85GF Score

Get the complete analysis for SHSE:603181

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥15.89
Price
¥13.57
GF Value