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SHSE:603369's ROA % is ranked better than 83.49% of 212
companies
in the Beverages - Alcoholic industry
Industry Median: 2.915
vs SHSE:603369: 9.21
Jiangsu King's Luck Brewery Joint-Stock Co (SHSE:603369) 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.
Jiangsu King's Luck Brewery Joint-Stock Co ROA % Related Terms
Jiangsu King's Luck Brewery Joint-Stock 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.
Jiangsu King's Luck Brewery Joint-Stock Co ROA % Chart
Jiangsu King's Luck Brewery Joint-Stock Co Annual Data
For the Beverages - Wineries & Distilleries subindustry, Jiangsu King's Luck Brewery Joint-Stock 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.
Jiangsu King's Luck Brewery Joint-Stock Co ROA % vs Beverages - Alcoholic 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 (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Jiangsu King's Luck Brewery Joint-Stock Co (SHSE:603369) has a ROA % of 20.75% 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 Jiangsu King's Luck Brewery Joint-Stock Co and its competitors. This is 41% above median its historical median of 14.68. Over the past decade, Jiangsu King's Luck Brewery Joint-Stock Co's ROA % has ranged from 9.21 to 15.75. According to the industry distribution chart, Jiangsu King's Luck Brewery Joint-Stock Co ranks #35 out of 212 companies in the Beverages - Alcoholic industry, placing it in the top 16.5%.
Is Jiangsu King's Luck Brewery Joint-Stock Co's ROA % too high?
Jiangsu King's Luck Brewery Joint-Stock Co's current ROA % of 20.75% is 41% above median its 10-year median of 14.68. Over the past 10 years, this metric has ranged from a low of 9.21 to a high of 15.75. The Beverages - Alcoholic industry median ROA % is 2.92. Jiangsu King's Luck Brewery Joint-Stock Co's value of 20.75% is 611.8% above this industry median. Based on the distribution chart, Jiangsu King's Luck Brewery Joint-Stock Co ranks #35 out of 212 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Jiangsu King's Luck Brewery Joint-Stock Co has a GF Score™ of 94/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu King's Luck Brewery Joint-Stock Co's ROA % compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Jiangsu King's Luck Brewery Joint-Stock Co ranks #35 out of 212 companies for ROA %. This places Jiangsu King's Luck Brewery Joint-Stock Co in the top 17% of its industry — outperforming the majority of peers. The industry median ROA % is 2.92. Jiangsu King's Luck Brewery Joint-Stock Co's value of 20.75% is 611.8% above this benchmark. Historically, Jiangsu King's Luck Brewery Joint-Stock Co's own ROA % has ranged from 9.21 to 15.75 over the past decade. While the company's 10-year median is 14.68 vs. the industry median of 2.92, Jiangsu King's Luck Brewery Joint-Stock 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 Beverages - Alcoholic company?
The median ROA % among Beverages - Alcoholic companies is 2.92, based on 212 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. Jiangsu King's Luck Brewery Joint-Stock Co's current ROA % of 20.75% is 611.8% 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 Jiangsu King's Luck Brewery Joint-Stock Co and its competitors. For the Beverages - Alcoholic industry, the median ROA % is 2.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu King's Luck Brewery Joint-Stock Co's current ROA % is 20.75%, which is 41% above median its own 10-year median of 14.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu King's Luck Brewery Joint-Stock Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu King's Luck Brewery Joint-Stock Co (SHSE:603369) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥39.82, compared to a current price of ¥27.62 — trading 30.6% below its estimated fair value. The current ROA % is 20.75%, which is 41% above median its 10-year median of 14.68 and 611.8% above the Beverages - Alcoholic industry median of 2.92. Jiangsu King's Luck Brewery Joint-Stock Co's overall GF Score™ is 94/100 with 4 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 Jiangsu King's Luck Brewery Joint-Stock Co (SHSE:603369), the current ROA % is 20.75% 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 Jiangsu King's Luck Brewery Joint-Stock Co (SHSE:603369) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu King's Luck Brewery Joint-Stock Co stock appears to be undervalued.
The current stock price of ¥27.62 is trading 30.6% below its estimated GF Value™ of ¥39.82.
GuruFocus considers Jiangsu King's Luck Brewery Joint-Stock Co to be Significantly Undervalued.
Key valuation signals for SHSE:603369:
ROA %: 20.75% (41% above median its 10-year median of 14.68)
GF Value™: ¥39.82 vs. price of ¥27.62 (30.6% below fair value)
Industry Position: 611.8% above the Beverages - Alcoholic median (#35 of 212)
No single metric tells the full story. See the SHSE:603369 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangsu King's Luck Brewery Joint-Stock Co Business Description
Jiangsu King's Luck Brewery Joint-Stock Co Ltd is a China-based company engaged in the manufacturing and distribution of liquor. The company markets its products under the Guoyuan, Jinshiyuan, and Gaogou brands. It also offers pre-packaged food. The company conducts its business mainly within Jiangsu province.
94GF Score
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ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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