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SHSE:603706's ROA % is ranked better than 91.37% of 510
companies
in the Utilities - Regulated industry
Industry Median: 3.055
vs SHSE:603706: 8.82
Xinjiang East Universe (Group) Gas Co (SHSE:603706) 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.
Xinjiang East Universe (Group) Gas Co ROA % Related Terms
Xinjiang East Universe (Group) Gas 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 Utilities - Regulated Gas subindustry, Xinjiang East Universe (Group) Gas 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.
Xinjiang East Universe (Group) Gas Co ROA % vs Utilities - Regulated 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.
Xinjiang East Universe (Group) Gas Co (SHSE:603706) has a ROA % of 14.89% 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 Xinjiang East Universe (Group) Gas Co and its competitors. This is 103% above median its historical median of 7.32. Over the past decade, Xinjiang East Universe (Group) Gas Co's ROA % has ranged from 5.13 to 22.77. According to the industry distribution chart, Xinjiang East Universe (Group) Gas Co ranks #44 out of 510 companies in the Utilities - Regulated industry, placing it in the top 8.6%.
Is Xinjiang East Universe (Group) Gas Co's ROA % too high?
Xinjiang East Universe (Group) Gas Co's current ROA % of 14.89% is 103% above median its 10-year median of 7.32. Over the past 10 years, this metric has ranged from a low of 5.13 to a high of 22.77. The Utilities - Regulated industry median ROA % is 3.06. Xinjiang East Universe (Group) Gas Co's value of 14.89% is 387.4% above this industry median. Based on the distribution chart, Xinjiang East Universe (Group) Gas Co ranks #44 out of 510 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Xinjiang East Universe (Group) Gas Co has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Xinjiang East Universe (Group) Gas Co's ROA % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Xinjiang East Universe (Group) Gas Co ranks #44 out of 510 companies for ROA %. This places Xinjiang East Universe (Group) Gas Co in the top 9% of its industry — outperforming the majority of peers. The industry median ROA % is 3.06. Xinjiang East Universe (Group) Gas Co's value of 14.89% is 387.4% above this benchmark. Historically, Xinjiang East Universe (Group) Gas Co's own ROA % has ranged from 5.13 to 22.77 over the past decade. While the company's 10-year median is 7.32 vs. the industry median of 3.06, Xinjiang East Universe (Group) Gas 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 Utilities - Regulated company?
The median ROA % among Utilities - Regulated companies is 3.06, based on 510 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. Xinjiang East Universe (Group) Gas Co's current ROA % of 14.89% is 387.4% 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 Xinjiang East Universe (Group) Gas Co and its competitors. For the Utilities - Regulated industry, the median ROA % is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xinjiang East Universe (Group) Gas Co's current ROA % is 14.89%, which is 103% above median its own 10-year median of 7.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xinjiang East Universe (Group) Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Xinjiang East Universe (Group) Gas Co (SHSE:603706) is currently considered Fairly Valued. The stock's GF Value™ is ¥18.86, compared to a current price of ¥18.29 — trading 3% below its estimated fair value. The current ROA % is 14.89%, which is 103% above median its 10-year median of 7.32 and 387.4% above the Utilities - Regulated industry median of 3.06. Xinjiang East Universe (Group) Gas Co's overall GF Score™ is 91/100 with 1 warning sign 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 Xinjiang East Universe (Group) Gas Co (SHSE:603706), the current ROA % is 14.89% 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 Xinjiang East Universe (Group) Gas Co (SHSE:603706) Overvalued in 2026?
Based on GuruFocus' analysis, Xinjiang East Universe (Group) Gas Co stock appears to be undervalued.
The current stock price of ¥18.29 is trading 3% below its estimated GF Value™ of ¥18.86.
GuruFocus considers Xinjiang East Universe (Group) Gas Co to be Fairly Valued.
Key valuation signals for SHSE:603706:
ROA %: 14.89% (103% above median its 10-year median of 7.32)
GF Value™: ¥18.86 vs. price of ¥18.29 (3% below fair value)
Industry Position: 387.4% above the Utilities - Regulated median (#44 of 510)
No single metric tells the full story. See the SHSE:603706 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Xinjiang East Universe (Group) Gas Co Business Description
Xinjiang East Universe (Group) Gas Co Ltd offers gas supplying services. It offers car gas products, residents living gas products, industrial gas products, commercial gas products and other gas equipment installation services.
91GF Score
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