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Ningbo Shimao Energy CoSHSE:605028 -0.63%69 ROA % is 0.79% as of Mar. 2026, which is 94% below its 10-year median of 14.12. GuruFocus rates SHSE:605028 with a GF Score™ of 69/100 and a GF Value™ of ¥14.83 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 453 Utilities - Independent Power Producers companies, Ningbo Shimao Energy Co ranks better than 91.39% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Ningbo Shimao Energy Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥12.0 Mil.
Ningbo Shimao Energy Co's average Total Assets over the quarter that ended in Mar. 2026 was ¥1,525.2 Mil. Therefore, Ningbo Shimao Energy Co's annualized ROA % for the quarter that ended in Mar. 2026 was 0.79%.
The historical rank and industry rank for Ningbo Shimao Energy Co's ROA % or its related term are showing as below:
SHSE:605028'
s ROA % Range Over the Past 10 Years
Min: 9.41 Med: 14.12 Max: 23.33
Current: 9.41
During the past 10 years, Ningbo Shimao Energy Co's highest ROA % was 23.33%. The lowest was 9.41%. And the median was 14.12%.
Ningbo Shimao Energy Co (SHSE:605028) 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.
Ningbo Shimao Energy Co ROA % Competitor Comparison
For the Utilities - Renewable subindustry, Ningbo Shimao Energy 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.
Ningbo Shimao Energy Co ROA % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Ningbo Shimao Energy Co's ROA % distribution charts can be found below:
* The bar in red indicates where Ningbo Shimao Energy 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.
Ningbo Shimao Energy Co (SHSE:605028) has a ROA % of 0.79% 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 Ningbo Shimao Energy Co and its competitors. This is 94% below median its historical median of 14.12. Over the past decade, Ningbo Shimao Energy Co's ROA % has ranged from 9.41 to 23.33. According to the industry distribution chart, Ningbo Shimao Energy Co ranks #39 out of 453 companies in the Utilities - Independent Power Producers industry, placing it in the top 8.6%.
Is Ningbo Shimao Energy Co's ROA % too high?
Ningbo Shimao Energy Co's current ROA % of 0.79% is 94% below median its 10-year median of 14.12. Over the past 10 years, this metric has ranged from a low of 9.41 to a high of 23.33. The Utilities - Independent Power Producers industry median ROA % is 1.21. Ningbo Shimao Energy Co's value of 0.79% is 34.7% below this industry median. Based on the distribution chart, Ningbo Shimao Energy Co ranks #39 out of 453 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Ningbo Shimao Energy Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Shimao Energy Co's ROA % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Ningbo Shimao Energy Co ranks #39 out of 453 companies for ROA %. This places Ningbo Shimao Energy Co in the top 9% of its industry — outperforming the majority of peers. The industry median ROA % is 1.21. Ningbo Shimao Energy Co's value of 0.79% is 34.7% below this benchmark. Historically, Ningbo Shimao Energy Co's own ROA % has ranged from 9.41 to 23.33 over the past decade. While the company's 10-year median is 14.12 vs. the industry median of 1.21, Ningbo Shimao Energy 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 an Utilities - Independent Power Producers company?
The median ROA % among Utilities - Independent Power Producers companies is 1.21, based on 453 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. Ningbo Shimao Energy Co's current ROA % of 0.79% is 34.7% 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 Ningbo Shimao Energy Co and its competitors. For the Utilities - Independent Power Producers industry, the median ROA % is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Shimao Energy Co's current ROA % is 0.79%, which is 94% below median its own 10-year median of 14.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Shimao Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Shimao Energy Co (SHSE:605028) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥14.83, compared to a current price of ¥26.90 — trading 81.4% above its estimated fair value. The current ROA % is 0.79%, which is 94% below median its 10-year median of 14.12 and 34.7% below the Utilities - Independent Power Producers industry median of 1.21. Ningbo Shimao Energy Co's overall GF Score™ is 69/100 with 4 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 Ningbo Shimao Energy Co (SHSE:605028), the current ROA % is 0.79% 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 Ningbo Shimao Energy Co (SHSE:605028) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Shimao Energy Co stock appears to be overvalued.
The current stock price of ¥26.90 is trading 81.4% above its estimated GF Value™ of ¥14.83.
GuruFocus considers Ningbo Shimao Energy Co to be Significantly Overvalued.
Key valuation signals for SHSE:605028:
ROA %: 0.79% (94% below median its 10-year median of 14.12)
GF Value™: ¥14.83 vs. price of ¥26.90 (81.4% above fair value)
Industry Position: 34.7% below the Utilities - Independent Power Producers median (#39 of 453)
No single metric tells the full story. See the SHSE:605028 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Shimao Energy Co Ltd is a cogeneration company with domestic waste and coal as the main raw materials. It provides central heating for the Sino-Italian Ningbo Ecological Park and the surrounding electroplating and food parks for the only regional cogeneration company in the area.
69GF Score
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