Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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.
Shanghai Yongguan Adhesive Products ROA % Related Terms
Shanghai Yongguan Adhesive Products 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, Shanghai Yongguan Adhesive Products'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.
Shanghai Yongguan Adhesive Products ROA % vs Chemicals 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.
Shanghai Yongguan Adhesive Products (SHSE:603681) has a ROA % of 1.50% 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 Shanghai Yongguan Adhesive Products and its competitors. This is 75% below median its historical median of 6.12. Over the past decade, Shanghai Yongguan Adhesive Products' ROA % has ranged from 1.28 to 12.28. According to the industry distribution chart, Shanghai Yongguan Adhesive Products ranks #961 out of 1615 companies in the Chemicals industry, placing it in the top 59.5%.
Is Shanghai Yongguan Adhesive Products' ROA % too high?
Shanghai Yongguan Adhesive Products' current ROA % of 1.50% is 75% below median its 10-year median of 6.12. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 12.28. The Chemicals industry median ROA % is 3.03. Shanghai Yongguan Adhesive Products' value of 1.50% is 50.5% below this industry median. Based on the distribution chart, Shanghai Yongguan Adhesive Products ranks #961 out of 1615 companies in the Chemicals industry, which is below the industry midpoint. Overall, Shanghai Yongguan Adhesive Products has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Yongguan Adhesive Products' ROA % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Shanghai Yongguan Adhesive Products ranks #961 out of 1615 companies for ROA %. This places Shanghai Yongguan Adhesive Products in the lower half of its industry. The industry median ROA % is 3.03. Shanghai Yongguan Adhesive Products' value of 1.50% is 50.5% below this benchmark. Historically, Shanghai Yongguan Adhesive Products' own ROA % has ranged from 1.28 to 12.28 over the past decade. While the company's 10-year median is 6.12 vs. the industry median of 3.03, Shanghai Yongguan Adhesive Products 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 Chemicals company?
The median ROA % among Chemicals companies is 3.03, based on 1,615 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. Shanghai Yongguan Adhesive Products's current ROA % of 1.50% is 50.5% 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 Shanghai Yongguan Adhesive Products and its competitors. For the Chemicals industry, the median ROA % is 3.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Yongguan Adhesive Products's current ROA % is 1.50%, which is 75% below median its own 10-year median of 6.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Yongguan Adhesive Products stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Yongguan Adhesive Products (SHSE:603681) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥16.78, compared to a current price of ¥18.65 — trading 11.1% above its estimated fair value. The current ROA % is 1.50%, which is 75% below median its 10-year median of 6.12 and 50.5% below the Chemicals industry median of 3.03. Shanghai Yongguan Adhesive Products' overall GF Score™ is 90/100 with 9 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 Shanghai Yongguan Adhesive Products (SHSE:603681), the current ROA % is 1.50% 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 Shanghai Yongguan Adhesive Products (SHSE:603681) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Yongguan Adhesive Products stock appears to be overvalued.
The current stock price of ¥18.65 is trading 11.1% above its estimated GF Value™ of ¥16.78.
GuruFocus considers Shanghai Yongguan Adhesive Products to be Modestly Overvalued.
Key valuation signals for SHSE:603681:
ROA %: 1.50% (75% below median its 10-year median of 6.12)
GF Value™: ¥16.78 vs. price of ¥18.65 (11.1% above fair value)
Industry Position: 50.5% below the Chemicals median (#961 of 1615)
No single metric tells the full story. See the SHSE:603681 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Yongguan Adhesive Products Corp Ltd provides tape technology and adhesive solutions. The company's products include Self-Adhesive Label, Digital Print Material, Adhesive Tape, Hot Melt Adhesive, Protection Film, and Automotive Film.
90GF Score
Get the complete analysis for SHSE:603681
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:603681 has been successfully added to your 
