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CSD Water Service CoSHSE:603903 +3.89%52 ROA % is 1.78% as of Mar. 2026, which is 59% below its 10-year median of 4.37. GuruFocus rates SHSE:603903 with a GF Score™ of 52/100 and a GF Value™ of ¥6.51 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 244 Waste Management companies, CSD Water Service Co ranks worse than 70.08% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. CSD Water Service Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥69 Mil.
CSD Water Service Co's average Total Assets over the quarter that ended in Mar. 2026 was ¥3,874 Mil. Therefore, CSD Water Service Co's annualized ROA % for the quarter that ended in Mar. 2026 was 1.78%.
The historical rank and industry rank for CSD Water Service Co's ROA % or its related term are showing as below:
SHSE:603903'
s ROA % Range Over the Past 10 Years
Min: -2.47 Med: 4.37 Max: 6.19
Current: -2.21
During the past 13 years, CSD Water Service Co's highest ROA % was 6.19%. The lowest was -2.47%. And the median was 4.37%.
SHSE:603903's ROA % is ranked worse than 70.08% of 244
companies
in the Waste Management industry
Industry Median: 1.89
vs SHSE:603903: -2.21
CSD Water Service Co (SHSE:603903) 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 Waste Management subindustry, CSD Water Service 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.
CSD Water Service Co ROA % vs Waste Management Industry
For the Waste Management industry and Industrials sector, CSD Water Service Co's ROA % distribution charts can be found below:
* The bar in red indicates where CSD Water Service 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.
CSD Water Service Co (SHSE:603903) has a ROA % of 1.78% 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 CSD Water Service Co and its competitors. This is 59% below median its historical median of 4.37. According to the industry distribution chart, CSD Water Service Co ranks #171 out of 244 companies in the Waste Management industry, placing it in the top 70.1%.
Is CSD Water Service Co's ROA % too high?
CSD Water Service Co's current ROA % of 1.78% is 59% below median its 10-year median of 4.37. The Waste Management industry median ROA % is 1.89. CSD Water Service Co's value of 1.78% is 5.8% below this industry median. Based on the distribution chart, CSD Water Service Co ranks #171 out of 244 companies in the Waste Management industry, which is below the industry midpoint. Overall, CSD Water Service Co has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CSD Water Service Co's ROA % compare to WM and RSG?
According to the Waste Management industry distribution chart, CSD Water Service Co ranks #171 out of 244 companies for ROA %. This places CSD Water Service Co in the lower half of its industry. The industry median ROA % is 1.89. CSD Water Service Co's value of 1.78% is 5.8% below this benchmark. While the company's 10-year median is 4.37 vs. the industry median of 1.89, CSD Water Service Co 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 Waste Management company?
The median ROA % among Waste Management companies is 1.89, based on 244 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. CSD Water Service Co's current ROA % of 1.78% is 5.8% 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 CSD Water Service Co and its competitors. For the Waste Management industry, the median ROA % is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CSD Water Service Co's current ROA % is 1.78%, which is 59% below median its own 10-year median of 4.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CSD Water Service Co stock overvalued right now?
Based on GuruFocus' analysis, CSD Water Service Co (SHSE:603903) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥6.51, compared to a current price of ¥11.48 — trading 76.3% above its estimated fair value. The current ROA % is 1.78%, which is 59% below median its 10-year median of 4.37 and 5.8% below the Waste Management industry median of 1.89. CSD Water Service Co's overall GF Score™ is 52/100 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 CSD Water Service Co (SHSE:603903), the current ROA % is 1.78% 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 CSD Water Service Co (SHSE:603903) Overvalued in 2026?
Based on GuruFocus' analysis, CSD Water Service Co stock appears to be overvalued.
The current stock price of ¥11.48 is trading 76.3% above its estimated GF Value™ of ¥6.51.
GuruFocus considers CSD Water Service Co to be Significantly Overvalued.
Key valuation signals for SHSE:603903:
ROA %: 1.78% (59% below median its 10-year median of 4.37)
GF Value™: ¥6.51 vs. price of ¥11.48 (76.3% above fair value)
Industry Position: 5.8% below the Waste Management median (#171 of 244)
No single metric tells the full story. See the SHSE:603903 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CSD Water Service Co Ltd is engaged in wastewater treatment operations, sewage and sludge treatment EPC, technology product sales and other comprehensive services.
52GF Score
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