SHSE:603878's ROA % is ranked worse than 59.56% of 633
companies
in the Steel industry
Industry Median: 1.92
vs SHSE:603878: 0.78
Jiangsu Wujin Stainless Steel Pipe Group Co (SHSE:603878) 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.
Jiangsu Wujin Stainless Steel Pipe Group Co ROA % Related Terms
Jiangsu Wujin Stainless Steel Pipe Group 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.
Jiangsu Wujin Stainless Steel Pipe Group Co ROA % Chart
Jiangsu Wujin Stainless Steel Pipe Group Co Annual Data
* 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.
Jiangsu Wujin Stainless Steel Pipe Group Co ROA % vs Steel 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.
Jiangsu Wujin Stainless Steel Pipe Group Co (SHSE:603878) has a ROA % of -1.76% 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 Jiangsu Wujin Stainless Steel Pipe Group Co and its competitors. Over the past decade, Jiangsu Wujin Stainless Steel Pipe Group Co's ROA % has ranged from 0.78 to 10.47. According to the industry distribution chart, Jiangsu Wujin Stainless Steel Pipe Group Co ranks #377 out of 633 companies in the Steel industry, placing it in the top 59.6%.
Is Jiangsu Wujin Stainless Steel Pipe Group Co's ROA % too high?
Jiangsu Wujin Stainless Steel Pipe Group Co's current ROA % is -1.76%. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 10.47. Based on the distribution chart, Jiangsu Wujin Stainless Steel Pipe Group Co ranks #377 out of 633 companies in the Steel industry, which is below the industry midpoint. Overall, Jiangsu Wujin Stainless Steel Pipe Group Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Wujin Stainless Steel Pipe Group Co's ROA % compare to NUE and STLD?
According to the Steel industry distribution chart, Jiangsu Wujin Stainless Steel Pipe Group Co ranks #377 out of 633 companies for ROA %. This places Jiangsu Wujin Stainless Steel Pipe Group Co in the lower half of its industry. The industry median ROA % is 1.92. Historically, Jiangsu Wujin Stainless Steel Pipe Group Co's own ROA % has ranged from 0.78 to 10.47 over the past decade. 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 Steel company?
The median ROA % among Steel companies is 1.92, based on 633 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. 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 Jiangsu Wujin Stainless Steel Pipe Group Co and its competitors. For the Steel industry, the median ROA % is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Wujin Stainless Steel Pipe Group Co's current ROA % is -1.76%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Wujin Stainless Steel Pipe Group Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Wujin Stainless Steel Pipe Group Co (SHSE:603878) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥6.05, compared to a current price of ¥4.87 — trading 19.5% below its estimated fair value. The current ROA % is -1.76%. Jiangsu Wujin Stainless Steel Pipe Group Co's overall GF Score™ is 79/100 with 6 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 Jiangsu Wujin Stainless Steel Pipe Group Co (SHSE:603878), the current ROA % is -1.76% 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 Jiangsu Wujin Stainless Steel Pipe Group Co (SHSE:603878) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu Wujin Stainless Steel Pipe Group Co stock appears to be undervalued.
The current stock price of ¥4.87 is trading 19.5% below its estimated GF Value™ of ¥6.05.
GuruFocus considers Jiangsu Wujin Stainless Steel Pipe Group Co to be Modestly Undervalued.
Key valuation signals for SHSE:603878:
ROA %: -1.76%
GF Value™: ¥6.05 vs. price of ¥4.87 (19.5% below fair value)
No single metric tells the full story. See the SHSE:603878 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangsu Wujin Stainless Steel Pipe Group Co Business Description
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