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Anhui Linping Circular Development Co (SHSE:603284) 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 (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 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.
Anhui Linping Circular Development Co ROA % Related Terms
Anhui Linping Circular Development 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.
Anhui Linping Circular Development Co ROA % Chart
Anhui Linping Circular Development Co Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
ROA %
8.36
11.20
7.51
7.56
Anhui Linping Circular Development Co Quarterly Data
Anhui Linping Circular Development Co ROA % Competitor Comparison
For the Paper & Paper Products subindustry, Anhui Linping Circular Development 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.
Anhui Linping Circular Development Co ROA % vs Forest Products Industry
* 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 (Jun. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Anhui Linping Circular Development Co (SHSE:603284) has a ROA % of 8.00% as of Jun. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Anhui Linping Circular Development Co and its competitors. This is near median its historical median of 7.96. Over the past decade, Anhui Linping Circular Development Co's ROA % has ranged from 7.06 to 11.20. According to the industry distribution chart, Anhui Linping Circular Development Co ranks #30 out of 286 companies in the Forest Products industry, placing it in the top 10.5%.
Is Anhui Linping Circular Development Co's ROA % too high?
Anhui Linping Circular Development Co's current ROA % of 8.00% is near median its 10-year median of 7.96. Over the past 10 years, this metric has ranged from a low of 7.06 to a high of 11.20. The Forest Products industry median ROA % is 1.14. Anhui Linping Circular Development Co's value of 8.00% is 604.8% above this industry median. Based on the distribution chart, Anhui Linping Circular Development Co ranks #30 out of 286 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Anhui Linping Circular Development Co has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Anhui Linping Circular Development Co's ROA % compare to competitors?
According to the Forest Products industry distribution chart, Anhui Linping Circular Development Co ranks #30 out of 286 companies for ROA %. This places Anhui Linping Circular Development Co in the top 11% of its industry — outperforming the majority of peers. The industry median ROA % is 1.14. Anhui Linping Circular Development Co's value of 8.00% is 604.8% above this benchmark. Historically, Anhui Linping Circular Development Co's own ROA % has ranged from 7.06 to 11.20 over the past decade. While the company's 10-year median is 7.96 vs. the industry median of 1.14, Anhui Linping Circular Development 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 Forest Products company?
The median ROA % among Forest Products companies is 1.14, based on 286 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. Anhui Linping Circular Development Co's current ROA % of 8.00% is 604.8% 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 Anhui Linping Circular Development Co and its competitors. For the Forest Products industry, the median ROA % is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anhui Linping Circular Development Co's current ROA % is 8.00%, which is near median its own 10-year median of 7.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anhui Linping Circular Development Co stock overvalued right now?
Anhui Linping Circular Development Co (SHSE:603284) has a current ROA % of 8.00%. The current ROA % is 8.00%, which is near median its 10-year median of 7.96 and 604.8% above the Forest Products industry median of 1.14. Anhui Linping Circular Development Co's overall GF Score™ is 15/100 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 Anhui Linping Circular Development Co (SHSE:603284), the current ROA % is 8.00% as of Jun. 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.
Anhui Linping Circular Development Co Ltd is engaged in paper manufacturing, recycling of renewable resources, resource recycling services and technical consulting, and paper product sales. Its operations also include heat production and supply, import and export activities, road freight transportation, and power generation, transmission, and distribution.
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