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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Guangzhou Tongda Auto Electric Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥255 Mil.
Guangzhou Tongda Auto Electric Co's average Total Assets over the quarter that ended in Mar. 2026 was ¥2,063 Mil. Therefore, Guangzhou Tongda Auto Electric Co's annualized ROA % for the quarter that ended in Mar. 2026 was 12.38%.
SHSE:603390'
s ROA % Range Over the Past 10 Years
Min: -5.34 Med: 3.21 Max: 23.38
Current: 6.72
During the past 12 years, Guangzhou Tongda Auto Electric Co's highest ROA % was 23.38%. The lowest was -5.34%. And the median was 3.21%.
SHSE:603390's ROA % is ranked better than 76.77% of 1330
companies
in the Vehicles & Parts industry
Industry Median: 3.01
vs SHSE:603390: 6.72
Guangzhou Tongda Auto Electric Co (SHSE:603390) 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.
Guangzhou Tongda Auto Electric Co ROA % Related Terms
Guangzhou Tongda Auto Electric 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 Auto Parts subindustry, Guangzhou Tongda Auto Electric 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.
Guangzhou Tongda Auto Electric Co ROA % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Guangzhou Tongda Auto Electric Co's ROA % distribution charts can be found below:
* The bar in red indicates where Guangzhou Tongda Auto Electric 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.
Guangzhou Tongda Auto Electric Co (SHSE:603390) has a ROA % of 12.38% 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 Guangzhou Tongda Auto Electric Co and its competitors. This is 286% above median its historical median of 3.21. According to the industry distribution chart, Guangzhou Tongda Auto Electric Co ranks #309 out of 1330 companies in the Vehicles & Parts industry, placing it in the top 23.2%.
Is Guangzhou Tongda Auto Electric Co's ROA % too high?
Guangzhou Tongda Auto Electric Co's current ROA % of 12.38% is 286% above median its 10-year median of 3.21. The Vehicles & Parts industry median ROA % is 3.01. Guangzhou Tongda Auto Electric Co's value of 12.38% is 311.3% above this industry median. Based on the distribution chart, Guangzhou Tongda Auto Electric Co ranks #309 out of 1330 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Guangzhou Tongda Auto Electric Co has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Guangzhou Tongda Auto Electric Co's ROA % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Guangzhou Tongda Auto Electric Co ranks #309 out of 1330 companies for ROA %. This places Guangzhou Tongda Auto Electric Co in the top 23% of its industry — outperforming the majority of peers. The industry median ROA % is 3.01. Guangzhou Tongda Auto Electric Co's value of 12.38% is 311.3% above this benchmark. While the company's 10-year median is 3.21 vs. the industry median of 3.01, Guangzhou Tongda Auto Electric 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 Vehicles & Parts company?
The median ROA % among Vehicles & Parts companies is 3.01, 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. Guangzhou Tongda Auto Electric Co's current ROA % of 12.38% is 311.3% 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 Guangzhou Tongda Auto Electric Co and its competitors. For the Vehicles & Parts industry, the median ROA % is 3.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guangzhou Tongda Auto Electric Co's current ROA % is 12.38%, which is 286% above median its own 10-year median of 3.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangzhou Tongda Auto Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Guangzhou Tongda Auto Electric Co (SHSE:603390) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥16.50, compared to a current price of ¥9.50 — trading 42.4% below its estimated fair value. The current ROA % is 12.38%, which is 286% above median its 10-year median of 3.21 and 311.3% above the Vehicles & Parts industry median of 3.01. Guangzhou Tongda Auto Electric Co's overall GF Score™ is 72/100 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 Guangzhou Tongda Auto Electric Co (SHSE:603390), the current ROA % is 12.38% 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 Guangzhou Tongda Auto Electric Co (SHSE:603390) Overvalued in 2026?
Based on GuruFocus' analysis, Guangzhou Tongda Auto Electric Co stock appears to be undervalued.
The current stock price of ¥9.50 is trading 42.4% below its estimated GF Value™ of ¥16.50.
GuruFocus considers Guangzhou Tongda Auto Electric Co to be Significantly Undervalued.
Key valuation signals for SHSE:603390:
ROA %: 12.38% (286% above median its 10-year median of 3.21)
GF Value™: ¥16.50 vs. price of ¥9.50 (42.4% below fair value)
Industry Position: 311.3% above the Vehicles & Parts median (#309 of 1330)
No single metric tells the full story. See the SHSE:603390 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Guangzhou Tongda Auto Electric Co Business Description
Guangzhou Tongda Auto Electric Co Ltd is a China based company specializes in the integrated information management system of vehicle intelligent terminals and the research, development, production and sales of automotive electrical products. The company mainly provides car intelligent system series products, bus multimedia information release system series products, car component series products, new energy automobile motor and thermal management system series products.
72GF Score
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