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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. EmbedWay Technologies (Shanghai)'s annualizedNet Income for the quarter that ended in Mar. 2026 was ¥23 Mil.
EmbedWay Technologies (Shanghai)'s average Total Assets over the quarter that ended in Mar. 2026 was ¥1,811 Mil. Therefore, EmbedWay Technologies (Shanghai)'s annualized ROA % for the quarter that ended in Mar. 2026 was 1.28%.
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.
EmbedWay Technologies (Shanghai) ROA % Related Terms
EmbedWay Technologies (Shanghai) 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 Communication Equipment subindustry, EmbedWay Technologies (Shanghai)'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.
EmbedWay Technologies (Shanghai) ROA % vs Hardware Industry
For the Hardware industry and Technology sector, EmbedWay Technologies (Shanghai)'s ROA % distribution charts can be found below:
* The bar in red indicates where EmbedWay Technologies (Shanghai)'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.
EmbedWay Technologies (Shanghai) (SHSE:603496) has a ROA % of 1.28% 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 EmbedWay Technologies (Shanghai) and its competitors. This is 70% below median its historical median of 4.21. Over the past decade, EmbedWay Technologies (Shanghai)'s ROA % has ranged from 1.21 to 18.17. According to the industry distribution chart, EmbedWay Technologies (Shanghai) ranks #1199 out of 2501 companies in the Hardware industry, placing it in the top 47.9%.
Is EmbedWay Technologies (Shanghai)'s ROA % too high?
EmbedWay Technologies (Shanghai)'s current ROA % of 1.28% is 70% below median its 10-year median of 4.21. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 18.17. The Hardware industry median ROA % is 2.28. EmbedWay Technologies (Shanghai)'s value of 1.28% is 43.9% below this industry median. Based on the distribution chart, EmbedWay Technologies (Shanghai) ranks #1199 out of 2501 companies in the Hardware industry, which is above the industry midpoint. Overall, EmbedWay Technologies (Shanghai) has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does EmbedWay Technologies (Shanghai)'s ROA % compare to CSCO and MSI?
According to the Hardware industry distribution chart, EmbedWay Technologies (Shanghai) ranks #1199 out of 2501 companies for ROA %. This puts EmbedWay Technologies (Shanghai) in the upper half of its industry. The industry median ROA % is 2.28. EmbedWay Technologies (Shanghai)'s value of 1.28% is 43.9% below this benchmark. Historically, EmbedWay Technologies (Shanghai)'s own ROA % has ranged from 1.21 to 18.17 over the past decade. While the company's 10-year median is 4.21 vs. the industry median of 2.28, EmbedWay Technologies (Shanghai) has consistently been below 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 Hardware company?
The median ROA % among Hardware companies is 2.28, based on 2,501 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. EmbedWay Technologies (Shanghai)'s current ROA % of 1.28% is 43.9% below 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 EmbedWay Technologies (Shanghai) and its competitors. For the Hardware industry, the median ROA % is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EmbedWay Technologies (Shanghai)'s current ROA % is 1.28%, which is 70% below median its own 10-year median of 4.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EmbedWay Technologies (Shanghai) stock overvalued right now?
Based on GuruFocus' analysis, EmbedWay Technologies (Shanghai) (SHSE:603496) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥37.99, compared to a current price of ¥25.48 — trading 32.9% below its estimated fair value. The current ROA % is 1.28%, which is 70% below median its 10-year median of 4.21 and 43.9% below the Hardware industry median of 2.28. EmbedWay Technologies (Shanghai)'s overall GF Score™ is 80/100 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 EmbedWay Technologies (Shanghai) (SHSE:603496), the current ROA % is 1.28% 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 EmbedWay Technologies (Shanghai) (SHSE:603496) Overvalued in 2026?
Based on GuruFocus' analysis, EmbedWay Technologies (Shanghai) stock appears to be undervalued.
The current stock price of ¥25.48 is trading 32.9% below its estimated GF Value™ of ¥37.99.
GuruFocus considers EmbedWay Technologies (Shanghai) to be Significantly Undervalued.
Key valuation signals for SHSE:603496:
ROA %: 1.28% (70% below median its 10-year median of 4.21)
GF Value™: ¥37.99 vs. price of ¥25.48 (32.9% below fair value)
Industry Position: 43.9% below the Hardware median (#1199 of 2501)
No single metric tells the full story. See the SHSE:603496 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
EmbedWay Technologies (Shanghai) Business Description
EmbedWay Technologies (Shanghai) Corp is a supplier of DPI front-end applications and standard platforms. It provides products and solutions to various applications, such as telecommunications value-added services, internet safety, network and signaling monitoring, and communication equipment producing, among others. The products of the company are blade platform, standalone device, acceleration card, white box switches, converged computing, media processing, ATCA blade, and others.
80GF Score
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