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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Shandong Gold Phoenix Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥34 Mil.
Shandong Gold Phoenix Co's average Total Assets over the quarter that ended in Mar. 2026 was ¥2,660 Mil. Therefore, Shandong Gold Phoenix Co's annualized ROA % for the quarter that ended in Mar. 2026 was 1.28%.
The historical rank and industry rank for Shandong Gold Phoenix Co's ROA % or its related term are showing as below:
SHSE:603586'
s ROA % Range Over the Past 10 Years
Min: -1.89 Med: 5.56 Max: 11.81
Current: 2.59
During the past 13 years, Shandong Gold Phoenix Co's highest ROA % was 11.81%. The lowest was -1.89%. And the median was 5.56%.
SHSE:603586's ROA % is ranked worse than 53.2% of 1329
companies
in the Vehicles & Parts industry
Industry Median: 3
vs SHSE:603586: 2.59
Shandong Gold Phoenix Co (SHSE:603586) 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.
* 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, Shandong Gold Phoenix 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 Gold Phoenix Co ROA % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Shandong Gold Phoenix Co's ROA % distribution charts can be found below:
* The bar in red indicates where Shandong Gold Phoenix 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 Gold Phoenix Co (SHSE:603586) 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 Shandong Gold Phoenix Co and its competitors. This is 77% below median its historical median of 5.56. According to the industry distribution chart, Shandong Gold Phoenix Co ranks #707 out of 1329 companies in the Vehicles & Parts industry, placing it in the top 53.2%.
Is Shandong Gold Phoenix Co's ROA % too high?
Shandong Gold Phoenix Co's current ROA % of 1.28% is 77% below median its 10-year median of 5.56. The Vehicles & Parts industry median ROA % is 3.00. Shandong Gold Phoenix Co's value of 1.28% is 57.3% below this industry median. Based on the distribution chart, Shandong Gold Phoenix Co ranks #707 out of 1329 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Shandong Gold Phoenix Co has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Gold Phoenix Co's ROA % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Shandong Gold Phoenix Co ranks #707 out of 1329 companies for ROA %. This places Shandong Gold Phoenix Co in the lower half of its industry. The industry median ROA % is 3.00. Shandong Gold Phoenix Co's value of 1.28% is 57.3% below this benchmark. While the company's 10-year median is 5.56 vs. the industry median of 3.00, Shandong Gold Phoenix Co 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 Vehicles & Parts company?
The median ROA % among Vehicles & Parts companies is 3.00, based on 1,329 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 Gold Phoenix Co's current ROA % of 1.28% is 57.3% 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 Shandong Gold Phoenix Co and its competitors. For the Vehicles & Parts industry, the median ROA % is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Gold Phoenix Co's current ROA % is 1.28%, which is 77% below median its own 10-year median of 5.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Gold Phoenix Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Gold Phoenix Co (SHSE:603586) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥14.62, compared to a current price of ¥12.28 — trading 16% below its estimated fair value. The current ROA % is 1.28%, which is 77% below median its 10-year median of 5.56 and 57.3% below the Vehicles & Parts industry median of 3.00. Shandong Gold Phoenix Co's overall GF Score™ is 67/100 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 Shandong Gold Phoenix Co (SHSE:603586), 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 Shandong Gold Phoenix Co (SHSE:603586) Overvalued in 2026?
Based on GuruFocus' analysis, Shandong Gold Phoenix Co stock appears to be undervalued.
The current stock price of ¥12.28 is trading 16% below its estimated GF Value™ of ¥14.62.
GuruFocus considers Shandong Gold Phoenix Co to be Modestly Undervalued.
Key valuation signals for SHSE:603586:
ROA %: 1.28% (77% below median its 10-year median of 5.56)
GF Value™: ¥14.62 vs. price of ¥12.28 (16% below fair value)
Industry Position: 57.3% below the Vehicles & Parts median (#707 of 1329)
No single metric tells the full story. See the SHSE:603586 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shandong Gold Phoenix Co Ltd is a Chinese company engaged in the business of manufacturing braking friction products. Its product portfolio includes disc brake pad, brake shoe, brake disc, brake pad, brake lining for passenger and commercial vehicles and brake products for industrial applications. The company offers its products in China, and also exports its products into other countries. The brands owned by the company are LBP, LJP and JSA.
67GF Score
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