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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. JiangSu Changling Hydraulic Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥151 Mil.
JiangSu Changling Hydraulic Co's average Total Assets over the quarter that ended in Mar. 2026 was ¥2,475 Mil. Therefore, JiangSu Changling Hydraulic Co's annualized ROA % for the quarter that ended in Mar. 2026 was 6.09%.
The historical rank and industry rank for JiangSu Changling Hydraulic Co's ROA % or its related term are showing as below:
SHSE:605389'
s ROA % Range Over the Past 10 Years
Min: 3.85 Med: 9.65 Max: 32.39
Current: 5.45
During the past 10 years, JiangSu Changling Hydraulic Co's highest ROA % was 32.39%. The lowest was 3.85%. And the median was 9.65%.
SHSE:605389's ROA % is ranked better than 67.29% of 3079
companies
in the Industrial Products industry
Industry Median: 3.07
vs SHSE:605389: 5.45
JiangSu Changling Hydraulic Co (SHSE:605389) 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 Changling Hydraulic Co ROA % Related Terms
JiangSu Changling Hydraulic 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 Tools & Accessories subindustry, JiangSu Changling Hydraulic 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.
JiangSu Changling Hydraulic Co ROA % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, JiangSu Changling Hydraulic Co's ROA % distribution charts can be found below:
* The bar in red indicates where JiangSu Changling Hydraulic 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.
JiangSu Changling Hydraulic Co (SHSE:605389) has a ROA % of 6.09% 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 Changling Hydraulic Co and its competitors. This is 37% below median its historical median of 9.65. Over the past decade, JiangSu Changling Hydraulic Co's ROA % has ranged from 3.85 to 32.39. According to the industry distribution chart, JiangSu Changling Hydraulic Co ranks #1007 out of 3079 companies in the Industrial Products industry, placing it in the top 32.7%.
Is JiangSu Changling Hydraulic Co's ROA % too high?
JiangSu Changling Hydraulic Co's current ROA % of 6.09% is 37% below median its 10-year median of 9.65. Over the past 10 years, this metric has ranged from a low of 3.85 to a high of 32.39. The Industrial Products industry median ROA % is 3.07. JiangSu Changling Hydraulic Co's value of 6.09% is 98.4% above this industry median. Based on the distribution chart, JiangSu Changling Hydraulic Co ranks #1007 out of 3079 companies in the Industrial Products industry, which is above the industry midpoint. Overall, JiangSu Changling Hydraulic Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JiangSu Changling Hydraulic Co's ROA % compare to SNA and RBC?
According to the Industrial Products industry distribution chart, JiangSu Changling Hydraulic Co ranks #1007 out of 3079 companies for ROA %. This puts JiangSu Changling Hydraulic Co in the upper half of its industry. The industry median ROA % is 3.07. JiangSu Changling Hydraulic Co's value of 6.09% is 98.4% above this benchmark. Historically, JiangSu Changling Hydraulic Co's own ROA % has ranged from 3.85 to 32.39 over the past decade. While the company's 10-year median is 9.65 vs. the industry median of 3.07, JiangSu Changling Hydraulic 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 Industrial Products company?
The median ROA % among Industrial Products companies is 3.07, based on 3,079 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. JiangSu Changling Hydraulic Co's current ROA % of 6.09% is 98.4% 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 JiangSu Changling Hydraulic Co and its competitors. For the Industrial Products industry, the median ROA % is 3.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JiangSu Changling Hydraulic Co's current ROA % is 6.09%, which is 37% below median its own 10-year median of 9.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JiangSu Changling Hydraulic Co stock overvalued right now?
Based on GuruFocus' analysis, JiangSu Changling Hydraulic Co (SHSE:605389) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥28.79, compared to a current price of ¥72.78 — trading 152.8% above its estimated fair value. The current ROA % is 6.09%, which is 37% below median its 10-year median of 9.65 and 98.4% above the Industrial Products industry median of 3.07. JiangSu Changling Hydraulic Co's overall GF Score™ is 61/100 with 3 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 Changling Hydraulic Co (SHSE:605389), the current ROA % is 6.09% 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 Changling Hydraulic Co (SHSE:605389) Overvalued in 2026?
Based on GuruFocus' analysis, JiangSu Changling Hydraulic Co stock appears to be overvalued.
The current stock price of ¥72.78 is trading 152.8% above its estimated GF Value™ of ¥28.79.
GuruFocus considers JiangSu Changling Hydraulic Co to be Significantly Overvalued.
Key valuation signals for SHSE:605389:
ROA %: 6.09% (37% below median its 10-year median of 9.65)
GF Value™: ¥28.79 vs. price of ¥72.78 (152.8% above fair value)
Industry Position: 98.4% above the Industrial Products median (#1007 of 3079)
No single metric tells the full story. See the SHSE:605389 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JiangSu Changling Hydraulic Co Business Description
JiangSu Changling Hydraulic Co Ltd is engaged in the research and development, production, and sales of key hydraulic components for construction machinery. The main products are hydraulic central rotary joints for construction machinery and hydraulic crawler tensioners, hydraulic valves and others.
61GF Score
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