Yangzhou Jinquan Travelling Goods Co (SHSE:603307) 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.
Yangzhou Jinquan Travelling Goods Co ROA % Related Terms
Yangzhou Jinquan Travelling Goods 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.
Yangzhou Jinquan Travelling Goods Co ROA % Competitor Comparison
For the Textile Manufacturing subindustry, Yangzhou Jinquan Travelling Goods 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.
Yangzhou Jinquan Travelling Goods Co ROA % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Yangzhou Jinquan Travelling Goods Co's ROA % distribution charts can be found below:
* The bar in red indicates where Yangzhou Jinquan Travelling Goods 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.
Yangzhou Jinquan Travelling Goods Co (SHSE:603307) has a ROA % of 7.37% 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 Yangzhou Jinquan Travelling Goods Co and its competitors. This is 51% below median its historical median of 15.09. Over the past decade, Yangzhou Jinquan Travelling Goods Co's ROA % has ranged from 6.19 to 30.17. According to the industry distribution chart, Yangzhou Jinquan Travelling Goods Co ranks #211 out of 1066 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 19.8%.
Is Yangzhou Jinquan Travelling Goods Co's ROA % too high?
Yangzhou Jinquan Travelling Goods Co's current ROA % of 7.37% is 51% below median its 10-year median of 15.09. Over the past 10 years, this metric has ranged from a low of 6.19 to a high of 30.17. The Manufacturing - Apparel & Accessories industry median ROA % is 1.90. Yangzhou Jinquan Travelling Goods Co's value of 7.37% is 287.9% above this industry median. Based on the distribution chart, Yangzhou Jinquan Travelling Goods Co ranks #211 out of 1066 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Yangzhou Jinquan Travelling Goods Co has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Yangzhou Jinquan Travelling Goods Co's ROA % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Yangzhou Jinquan Travelling Goods Co ranks #211 out of 1066 companies for ROA %. This places Yangzhou Jinquan Travelling Goods Co in the top 20% of its industry — outperforming the majority of peers. The industry median ROA % is 1.90. Yangzhou Jinquan Travelling Goods Co's value of 7.37% is 287.9% above this benchmark. Historically, Yangzhou Jinquan Travelling Goods Co's own ROA % has ranged from 6.19 to 30.17 over the past decade. While the company's 10-year median is 15.09 vs. the industry median of 1.90, Yangzhou Jinquan Travelling Goods 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 Manufacturing - Apparel & Accessories company?
The median ROA % among Manufacturing - Apparel & Accessories companies is 1.90, based on 1,066 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. Yangzhou Jinquan Travelling Goods Co's current ROA % of 7.37% is 287.9% 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 Yangzhou Jinquan Travelling Goods Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROA % is 1.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yangzhou Jinquan Travelling Goods Co's current ROA % is 7.37%, which is 51% below median its own 10-year median of 15.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yangzhou Jinquan Travelling Goods Co stock overvalued right now?
Based on GuruFocus' analysis, Yangzhou Jinquan Travelling Goods Co (SHSE:603307) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥27.34, compared to a current price of ¥24.72 — trading 9.6% below its estimated fair value. The current ROA % is 7.37%, which is 51% below median its 10-year median of 15.09 and 287.9% above the Manufacturing - Apparel & Accessories industry median of 1.90. Yangzhou Jinquan Travelling Goods Co's overall GF Score™ is 80/100 with 2 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 Yangzhou Jinquan Travelling Goods Co (SHSE:603307), the current ROA % is 7.37% 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 Yangzhou Jinquan Travelling Goods Co (SHSE:603307) Overvalued in 2026?
Based on GuruFocus' analysis, Yangzhou Jinquan Travelling Goods Co stock appears to be undervalued.
The current stock price of ¥24.72 is trading 9.6% below its estimated GF Value™ of ¥27.34.
GuruFocus considers Yangzhou Jinquan Travelling Goods Co to be Modestly Undervalued.
Key valuation signals for SHSE:603307:
ROA %: 7.37% (51% below median its 10-year median of 15.09)
GF Value™: ¥27.34 vs. price of ¥24.72 (9.6% below fair value)
Industry Position: 287.9% above the Manufacturing - Apparel & Accessories median (#211 of 1066)
No single metric tells the full story. See the SHSE:603307 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Yangzhou Jinquan Travelling Goods Co Business Description
Yangzhou Jinquan Travelling Goods Co Ltd is a well-known outdoor equipment manufacturers in China. It offers tents, sleeping bags, outdoor jackets, down jackets, backpacks and other outdoor equipment products.
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