Shandong Jianbang New Material CoSHSE:603285 +4.50%33 ROA % is 6.80% as of Mar. 2026, which is 66% below its 10-year median of 19.99. GuruFocus rates SHSE:603285 with a GF Score™ of 33/100. The stock has 8 warning signs investors should review. Among 1,613 Chemicals companies, Shandong Jianbang New Material Co ranks better than 78.98% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Shandong Jianbang New Material Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥127.1 Mil.
Shandong Jianbang New Material Co's average Total Assets over the quarter that ended in Mar. 2026 was ¥1,870.5 Mil. Therefore, Shandong Jianbang New Material Co's annualized ROA % for the quarter that ended in Mar. 2026 was 6.80%.
SHSE:603285'
s ROA % Range Over the Past 10 Years
Min: 7.21 Med: 19.99 Max: 46.6
Current: 7.21
During the past 7 years, Shandong Jianbang New Material Co's highest ROA % was 46.60%. The lowest was 7.21%. And the median was 19.99%.
SHSE:603285's ROA % is ranked better than 78.98% of 1613
companies
in the Chemicals industry
Industry Median: 2.9
vs SHSE:603285: 7.21
Shandong Jianbang New Material Co (SHSE:603285) 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.
Shandong Jianbang New Material Co ROA % Related Terms
Shandong Jianbang New Material 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 Specialty Chemicals subindustry, Shandong Jianbang New Material 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.
Shandong Jianbang New Material Co ROA % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Shandong Jianbang New Material Co's ROA % distribution charts can be found below:
* The bar in red indicates where Shandong Jianbang New Material 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.
Shandong Jianbang New Material Co (SHSE:603285) has a ROA % of 6.80% 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 Shandong Jianbang New Material Co and its competitors. This is 66% below median its historical median of 19.99. Over the past decade, Shandong Jianbang New Material Co's ROA % has ranged from 7.21 to 46.60. According to the industry distribution chart, Shandong Jianbang New Material Co ranks #339 out of 1613 companies in the Chemicals industry, placing it in the top 21%.
Is Shandong Jianbang New Material Co's ROA % too high?
Shandong Jianbang New Material Co's current ROA % of 6.80% is 66% below median its 10-year median of 19.99. Over the past 10 years, this metric has ranged from a low of 7.21 to a high of 46.60. The Chemicals industry median ROA % is 2.90. Shandong Jianbang New Material Co's value of 6.80% is 134.5% above this industry median. Based on the distribution chart, Shandong Jianbang New Material Co ranks #339 out of 1613 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Shandong Jianbang New Material Co has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Shandong Jianbang New Material Co's ROA % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Shandong Jianbang New Material Co ranks #339 out of 1613 companies for ROA %. This places Shandong Jianbang New Material Co in the top 21% of its industry — outperforming the majority of peers. The industry median ROA % is 2.90. Shandong Jianbang New Material Co's value of 6.80% is 134.5% above this benchmark. Historically, Shandong Jianbang New Material Co's own ROA % has ranged from 7.21 to 46.60 over the past decade. While the company's 10-year median is 19.99 vs. the industry median of 2.90, Shandong Jianbang New Material 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. Shandong Jianbang New Material Co's current ROA % of 6.80% is 134.5% 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 Shandong Jianbang New Material 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. Shandong Jianbang New Material Co's current ROA % is 6.80%, which is 66% below median its own 10-year median of 19.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Jianbang New Material Co stock overvalued right now?
Shandong Jianbang New Material Co (SHSE:603285) has a current ROA % of 6.80%. The current ROA % is 6.80%, which is 66% below median its 10-year median of 19.99 and 134.5% above the Chemicals industry median of 2.90. Shandong Jianbang New Material Co's overall GF Score™ is 33/100 with 8 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 Shandong Jianbang New Material Co (SHSE:603285), the current ROA % is 6.80% 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.
Shandong Jianbang New Material Co Business Description
Shandong Jianbang New Material Co Ltd is engaged in research and development, production and sales of environmentally friendly additives for polymer materials.
33GF Score
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