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 % 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.
Yantai Yatong Precision Mechanical ROA % Related Terms
Yantai Yatong Precision Mechanical 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 Auto Parts subindustry, Yantai Yatong Precision Mechanical'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.
Yantai Yatong Precision Mechanical ROA % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Yantai Yatong Precision Mechanical's ROA % distribution charts can be found below:
* The bar in red indicates where Yantai Yatong Precision Mechanical'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.
Yantai Yatong Precision Mechanical (SHSE:603190) has a ROA % of 4.72% 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 Yantai Yatong Precision Mechanical and its competitors. This is 28% below median its historical median of 6.52. Over the past decade, Yantai Yatong Precision Mechanical's ROA % has ranged from 2.51 to 11.16. According to the industry distribution chart, Yantai Yatong Precision Mechanical ranks #653 out of 1330 companies in the Vehicles & Parts industry, placing it in the top 49.1%.
Is Yantai Yatong Precision Mechanical's ROA % too high?
Yantai Yatong Precision Mechanical's current ROA % of 4.72% is 28% below median its 10-year median of 6.52. Over the past 10 years, this metric has ranged from a low of 2.51 to a high of 11.16. The Vehicles & Parts industry median ROA % is 3.02. Yantai Yatong Precision Mechanical's value of 4.72% is 56.3% above this industry median. Based on the distribution chart, Yantai Yatong Precision Mechanical ranks #653 out of 1330 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Yantai Yatong Precision Mechanical has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Yantai Yatong Precision Mechanical's ROA % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Yantai Yatong Precision Mechanical ranks #653 out of 1330 companies for ROA %. This puts Yantai Yatong Precision Mechanical in the upper half of its industry. The industry median ROA % is 3.02. Yantai Yatong Precision Mechanical's value of 4.72% is 56.3% above this benchmark. Historically, Yantai Yatong Precision Mechanical's own ROA % has ranged from 2.51 to 11.16 over the past decade. While the company's 10-year median is 6.52 vs. the industry median of 3.02, Yantai Yatong Precision Mechanical 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 Vehicles & Parts company?
The median ROA % among Vehicles & Parts companies is 3.02, based on 1,330 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. Yantai Yatong Precision Mechanical's current ROA % of 4.72% is 56.3% 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 Yantai Yatong Precision Mechanical and its competitors. For the Vehicles & Parts industry, the median ROA % is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yantai Yatong Precision Mechanical's current ROA % is 4.72%, which is 28% below median its own 10-year median of 6.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yantai Yatong Precision Mechanical stock overvalued right now?
Based on GuruFocus' analysis, Yantai Yatong Precision Mechanical (SHSE:603190) is currently considered Possible Value Trap. The stock's GF Value™ is ¥24.31, compared to a current price of ¥15.56 — trading 36% below its estimated fair value. The current ROA % is 4.72%, which is 28% below median its 10-year median of 6.52 and 56.3% above the Vehicles & Parts industry median of 3.02. Yantai Yatong Precision Mechanical's overall GF Score™ is 69/100 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 Yantai Yatong Precision Mechanical (SHSE:603190), the current ROA % is 4.72% 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 Yantai Yatong Precision Mechanical (SHSE:603190) Overvalued in 2026?
Based on GuruFocus' analysis, Yantai Yatong Precision Mechanical stock appears to be undervalued.
The current stock price of ¥15.56 is trading 36% below its estimated GF Value™ of ¥24.31.
GuruFocus considers Yantai Yatong Precision Mechanical to be Possible Value Trap.
Key valuation signals for SHSE:603190:
ROA %: 4.72% (28% below median its 10-year median of 6.52)
GF Value™: ¥24.31 vs. price of ¥15.56 (36% below fair value)
Industry Position: 56.3% above the Vehicles & Parts median (#653 of 1330)
No single metric tells the full story. See the SHSE:603190 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Yantai Yatong Precision Mechanical Corp is engaged in the research and development, production, sales, and service of auto parts and mining auxiliary transportation equipment.
69GF Score
Get the complete analysis for SHSE:603190
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:603190 has been successfully added to your 
