ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Sanxiang Advanced Materials Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥148 Mil.
Sanxiang Advanced Materials Co's average Total Assets over the quarter that ended in Mar. 2026 was ¥2,081 Mil. Therefore, Sanxiang Advanced Materials Co's annualized ROA % for the quarter that ended in Mar. 2026 was 7.09%.
The historical rank and industry rank for Sanxiang Advanced Materials Co's ROA % or its related term are showing as below:
SHSE:603663'
s ROA % Range Over the Past 10 Years
Min: 3.73 Med: 7.88 Max: 10.4
Current: 6.76
During the past 13 years, Sanxiang Advanced Materials Co's highest ROA % was 10.40%. The lowest was 3.73%. And the median was 7.88%.
SHSE:603663's ROA % is ranked better than 76.31% of 1608
companies
in the Chemicals industry
Industry Median: 2.9
vs SHSE:603663: 6.76
Sanxiang Advanced Materials Co (SHSE:603663) 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.
Sanxiang Advanced Materials Co ROA % Related Terms
Sanxiang Advanced Materials 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 Specialty Chemicals subindustry, Sanxiang Advanced Materials 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.
Sanxiang Advanced Materials Co ROA % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Sanxiang Advanced Materials Co's ROA % distribution charts can be found below:
* The bar in red indicates where Sanxiang Advanced Materials 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.
Sanxiang Advanced Materials Co (SHSE:603663) has a ROA % of 7.09% 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 Sanxiang Advanced Materials Co and its competitors. This is 10% below median its historical median of 7.88. Over the past decade, Sanxiang Advanced Materials Co's ROA % has ranged from 3.73 to 10.40. According to the industry distribution chart, Sanxiang Advanced Materials Co ranks #381 out of 1608 companies in the Chemicals industry, placing it in the top 23.7%.
Is Sanxiang Advanced Materials Co's ROA % too high?
Sanxiang Advanced Materials Co's current ROA % of 7.09% is 10% below median its 10-year median of 7.88. Over the past 10 years, this metric has ranged from a low of 3.73 to a high of 10.40. The Chemicals industry median ROA % is 2.90. Sanxiang Advanced Materials Co's value of 7.09% is 144.5% above this industry median. Based on the distribution chart, Sanxiang Advanced Materials Co ranks #381 out of 1608 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Sanxiang Advanced Materials Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sanxiang Advanced Materials Co's ROA % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Sanxiang Advanced Materials Co ranks #381 out of 1608 companies for ROA %. This places Sanxiang Advanced Materials Co in the top 24% of its industry — outperforming the majority of peers. The industry median ROA % is 2.90. Sanxiang Advanced Materials Co's value of 7.09% is 144.5% above this benchmark. Historically, Sanxiang Advanced Materials Co's own ROA % has ranged from 3.73 to 10.40 over the past decade. While the company's 10-year median is 7.88 vs. the industry median of 2.90, Sanxiang Advanced Materials 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 Chemicals company?
The median ROA % among Chemicals companies is 2.90, based on 1,608 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. Sanxiang Advanced Materials Co's current ROA % of 7.09% is 144.5% 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 Sanxiang Advanced Materials Co and its competitors. For the Chemicals industry, the median ROA % is 2.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanxiang Advanced Materials Co's current ROA % is 7.09%, which is 10% below median its own 10-year median of 7.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanxiang Advanced Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Sanxiang Advanced Materials Co (SHSE:603663) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥21.26, compared to a current price of ¥81.54 — trading 283.5% above its estimated fair value. The current ROA % is 7.09%, which is 10% below median its 10-year median of 7.88 and 144.5% above the Chemicals industry median of 2.90. Sanxiang Advanced Materials Co's overall GF Score™ is 60/100 with 8 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 Sanxiang Advanced Materials Co (SHSE:603663), the current ROA % is 7.09% 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 Sanxiang Advanced Materials Co (SHSE:603663) Overvalued in 2026?
Based on GuruFocus' analysis, Sanxiang Advanced Materials Co stock appears to be overvalued.
The current stock price of ¥81.54 is trading 283.5% above its estimated GF Value™ of ¥21.26.
GuruFocus considers Sanxiang Advanced Materials Co to be Significantly Overvalued.
Key valuation signals for SHSE:603663:
ROA %: 7.09% (10% below median its 10-year median of 7.88)
GF Value™: ¥21.26 vs. price of ¥81.54 (283.5% above fair value)
Industry Position: 144.5% above the Chemicals median (#381 of 1608)
No single metric tells the full story. See the SHSE:603663 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sanxiang Advanced Materials Co Business Description
Sanxiang Advanced Materials Co Ltd produces, manufactures, and sells new materials such as varieties of zirconia, magnesium, and advanced ceramics. Its products are widely used in aerospace, military, fire-resistant and wear-resistant materials, ceramic glazes, and other industries. The company's business segments include the zirconium series, magnesium series, and advanced ceramic series through which it offers products like nano zirconium oxide, zirconium oxychloride, lightweight new materials, casting new materials, magnesium aluminum alloys, and others.
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