Neway Valve (Suzhou) CoSHSE:603699 +0.27%88 ROA % is 13.12% as of Mar. 2026, which is 60% above its 10-year median of 8.20. GuruFocus rates SHSE:603699 with a GF Score™ of 88/100 and a GF Value™ of ¥32.07 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 3,068 Industrial Products companies, Neway Valve (Suzhou) Co ranks better than 96.94% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Neway Valve (Suzhou) Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥1,381 Mil.
Neway Valve (Suzhou) Co's average Total Assets over the quarter that ended in Mar. 2026 was ¥10,521 Mil. Therefore, Neway Valve (Suzhou) Co's annualized ROA % for the quarter that ended in Mar. 2026 was 13.12%.
The historical rank and industry rank for Neway Valve (Suzhou) Co's ROA % or its related term are showing as below:
SHSE:603699'
s ROA % Range Over the Past 10 Years
Min: 5.06 Med: 8.2 Max: 17.23
Current: 17.23
During the past 13 years, Neway Valve (Suzhou) Co's highest ROA % was 17.23%. The lowest was 5.06%. And the median was 8.20%.
SHSE:603699's ROA % is ranked better than 96.94% of 3068
companies
in the Industrial Products industry
Industry Median: 3.05
vs SHSE:603699: 17.23
Neway Valve (Suzhou) Co (SHSE:603699) 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 Specialty Industrial Machinery subindustry, Neway Valve (Suzhou) 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.
Neway Valve (Suzhou) Co ROA % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Neway Valve (Suzhou) Co's ROA % distribution charts can be found below:
* The bar in red indicates where Neway Valve (Suzhou) 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.
Neway Valve (Suzhou) Co (SHSE:603699) has a ROA % of 13.12% 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 Neway Valve (Suzhou) Co and its competitors. This is 60% above median its historical median of 8.20. Over the past decade, Neway Valve (Suzhou) Co's ROA % has ranged from 5.06 to 17.23. According to the industry distribution chart, Neway Valve (Suzhou) Co ranks #94 out of 3068 companies in the Industrial Products industry, placing it in the top 3.1%.
Is Neway Valve (Suzhou) Co's ROA % too high?
Neway Valve (Suzhou) Co's current ROA % of 13.12% is 60% above median its 10-year median of 8.20. Over the past 10 years, this metric has ranged from a low of 5.06 to a high of 17.23. The Industrial Products industry median ROA % is 3.05. Neway Valve (Suzhou) Co's value of 13.12% is 330.2% above this industry median. Based on the distribution chart, Neway Valve (Suzhou) Co ranks #94 out of 3068 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Neway Valve (Suzhou) Co has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neway Valve (Suzhou) Co's ROA % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Neway Valve (Suzhou) Co ranks #94 out of 3068 companies for ROA %. This places Neway Valve (Suzhou) Co in the top 3% of its industry — outperforming the majority of peers. The industry median ROA % is 3.05. Neway Valve (Suzhou) Co's value of 13.12% is 330.2% above this benchmark. Historically, Neway Valve (Suzhou) Co's own ROA % has ranged from 5.06 to 17.23 over the past decade. While the company's 10-year median is 8.20 vs. the industry median of 3.05, Neway Valve (Suzhou) 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 an Industrial Products company?
The median ROA % among Industrial Products companies is 3.05, based on 3,068 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. Neway Valve (Suzhou) Co's current ROA % of 13.12% is 330.2% 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 Neway Valve (Suzhou) Co and its competitors. For the Industrial Products industry, the median ROA % is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neway Valve (Suzhou) Co's current ROA % is 13.12%, which is 60% above median its own 10-year median of 8.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neway Valve (Suzhou) Co stock overvalued right now?
Based on GuruFocus' analysis, Neway Valve (Suzhou) Co (SHSE:603699) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥32.07, compared to a current price of ¥51.11 — trading 59.4% above its estimated fair value. The current ROA % is 13.12%, which is 60% above median its 10-year median of 8.20 and 330.2% above the Industrial Products industry median of 3.05. Neway Valve (Suzhou) Co's overall GF Score™ is 88/100 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 Neway Valve (Suzhou) Co (SHSE:603699), the current ROA % is 13.12% 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 Neway Valve (Suzhou) Co (SHSE:603699) Overvalued in 2026?
Based on GuruFocus' analysis, Neway Valve (Suzhou) Co stock appears to be overvalued.
The current stock price of ¥51.11 is trading 59.4% above its estimated GF Value™ of ¥32.07.
GuruFocus considers Neway Valve (Suzhou) Co to be Significantly Overvalued.
Key valuation signals for SHSE:603699:
ROA %: 13.12% (60% above median its 10-year median of 8.20)
GF Value™: ¥32.07 vs. price of ¥51.11 (59.4% above fair value)
Industry Position: 330.2% above the Industrial Products median (#94 of 3068)
No single metric tells the full story. See the SHSE:603699 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Neway Valve (Suzhou) Co Ltd is a manufacturer and exporter of industrial valves. Its main products include Gate valve, globe valve, check valve, Cast steel valves, API602 forged steel valves, API603 stainless steel valves, Cryogenic Valves, Bellows Valves, Floating ball - Steel. Geographically it operates through China, however its business presence is also seen internationally.
88GF Score
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