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SHSE:603931's ROA % is ranked better than 73.95% of 1612
companies
in the Chemicals industry
Industry Median: 2.915
vs SHSE:603931: 6.28
Hangzhou Greenda Electronic Materials Co (SHSE:603931) 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.
Hangzhou Greenda Electronic Materials Co ROA % Related Terms
Hangzhou Greenda Electronic Materials 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.
Hangzhou Greenda Electronic Materials Co ROA % Chart
Hangzhou Greenda Electronic Materials 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.
Hangzhou Greenda Electronic Materials Co 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.
Hangzhou Greenda Electronic Materials Co (SHSE:603931) has a ROA % of 5.43% 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 Hangzhou Greenda Electronic Materials Co and its competitors. This is 50% below median its historical median of 10.90. Over the past decade, Hangzhou Greenda Electronic Materials Co's ROA % has ranged from 6.28 to 15.81. According to the industry distribution chart, Hangzhou Greenda Electronic Materials Co ranks #420 out of 1612 companies in the Chemicals industry, placing it in the top 26.1%.
Is Hangzhou Greenda Electronic Materials Co's ROA % too high?
Hangzhou Greenda Electronic Materials Co's current ROA % of 5.43% is 50% below median its 10-year median of 10.90. Over the past 10 years, this metric has ranged from a low of 6.28 to a high of 15.81. The Chemicals industry median ROA % is 2.92. Hangzhou Greenda Electronic Materials Co's value of 5.43% is 86.3% above this industry median. Based on the distribution chart, Hangzhou Greenda Electronic Materials Co ranks #420 out of 1612 companies in the Chemicals industry, which is above the industry midpoint. Overall, Hangzhou Greenda Electronic Materials Co has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou Greenda Electronic Materials Co's ROA % compare to DOW?
According to the Chemicals industry distribution chart, Hangzhou Greenda Electronic Materials Co ranks #420 out of 1612 companies for ROA %. This puts Hangzhou Greenda Electronic Materials Co in the upper half of its industry. The industry median ROA % is 2.92. Hangzhou Greenda Electronic Materials Co's value of 5.43% is 86.3% above this benchmark. Historically, Hangzhou Greenda Electronic Materials Co's own ROA % has ranged from 6.28 to 15.81 over the past decade. While the company's 10-year median is 10.90 vs. the industry median of 2.92, Hangzhou Greenda Electronic Materials 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 a Chemicals company?
The median ROA % among Chemicals companies is 2.92, based on 1,612 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. Hangzhou Greenda Electronic Materials Co's current ROA % of 5.43% is 86.3% 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 Hangzhou Greenda Electronic Materials Co and its competitors. For the Chemicals industry, the median ROA % is 2.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hangzhou Greenda Electronic Materials Co's current ROA % is 5.43%, which is 50% below median its own 10-year median of 10.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou Greenda Electronic Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou Greenda Electronic Materials Co (SHSE:603931) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥22.98, compared to a current price of ¥38.00 — trading 65.4% above its estimated fair value. The current ROA % is 5.43%, which is 50% below median its 10-year median of 10.90 and 86.3% above the Chemicals industry median of 2.92. Hangzhou Greenda Electronic Materials Co's overall GF Score™ is 67/100 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 Hangzhou Greenda Electronic Materials Co (SHSE:603931), the current ROA % is 5.43% 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 Hangzhou Greenda Electronic Materials Co (SHSE:603931) Overvalued in 2026?
Based on GuruFocus' analysis, Hangzhou Greenda Electronic Materials Co stock appears to be overvalued.
The current stock price of ¥38.00 is trading 65.4% above its estimated GF Value™ of ¥22.98.
GuruFocus considers Hangzhou Greenda Electronic Materials Co to be Significantly Overvalued.
Key valuation signals for SHSE:603931:
ROA %: 5.43% (50% below median its 10-year median of 10.90)
GF Value™: ¥22.98 vs. price of ¥38.00 (65.4% above fair value)
Industry Position: 86.3% above the Chemicals median (#420 of 1612)
No single metric tells the full story. See the SHSE:603931 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hangzhou Greenda Electronic Materials Co Business Description
Hangzhou Greenda Electronic Materials Co Ltd is engaged in production and sales of ultra-clean and high-purity wet electronic chemicals. The company is a developer of TMAH and provides various electronic chemical products for TFT-LCD, IC, PV and other industries and integrated management services. Its products include Hydrochloric Acid, Sulphuric acid, Phosphoric acid, Nitric acid, Tetramethylammonium Hydroxide, Isopropanol, Potassium Hydroxide, among others.
67GF Score
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