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.
Shanghai BOCHU Electronic Technology ROA % Related Terms
Shanghai BOCHU Electronic Technology 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 Semiconductors subindustry, Shanghai BOCHU Electronic Technology'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.
Shanghai BOCHU Electronic Technology ROA % vs Semiconductors 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.
Shanghai BOCHU Electronic Technology (SHSE:688188) has a ROA % of 18.86% 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 Shanghai BOCHU Electronic Technology and its competitors. This is near median its historical median of 18.44. Over the past decade, Shanghai BOCHU Electronic Technology's ROA % has ranged from 12.53 to 61.09. According to the industry distribution chart, Shanghai BOCHU Electronic Technology ranks #60 out of 1025 companies in the Semiconductors industry, placing it in the top 5.9%.
Is Shanghai BOCHU Electronic Technology's ROA % too high?
Shanghai BOCHU Electronic Technology's current ROA % of 18.86% is near median its 10-year median of 18.44. Over the past 10 years, this metric has ranged from a low of 12.53 to a high of 61.09. The Semiconductors industry median ROA % is 2.47. Shanghai BOCHU Electronic Technology's value of 18.86% is 663.6% above this industry median. Based on the distribution chart, Shanghai BOCHU Electronic Technology ranks #60 out of 1025 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai BOCHU Electronic Technology has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai BOCHU Electronic Technology's ROA % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Shanghai BOCHU Electronic Technology ranks #60 out of 1025 companies for ROA %. This places Shanghai BOCHU Electronic Technology in the top 6% of its industry — outperforming the majority of peers. The industry median ROA % is 2.47. Shanghai BOCHU Electronic Technology's value of 18.86% is 663.6% above this benchmark. Historically, Shanghai BOCHU Electronic Technology's own ROA % has ranged from 12.53 to 61.09 over the past decade. While the company's 10-year median is 18.44 vs. the industry median of 2.47, Shanghai BOCHU Electronic Technology 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 Semiconductors company?
The median ROA % among Semiconductors companies is 2.47, based on 1,025 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. Shanghai BOCHU Electronic Technology's current ROA % of 18.86% is 663.6% 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 Shanghai BOCHU Electronic Technology and its competitors. For the Semiconductors industry, the median ROA % is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai BOCHU Electronic Technology's current ROA % is 18.86%, which is near median its own 10-year median of 18.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai BOCHU Electronic Technology stock overvalued right now?
Based on GuruFocus' analysis, Shanghai BOCHU Electronic Technology (SHSE:688188) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥137.37, compared to a current price of ¥101.65 — trading 26% below its estimated fair value. The current ROA % is 18.86%, which is near median its 10-year median of 18.44 and 663.6% above the Semiconductors industry median of 2.47. Shanghai BOCHU Electronic Technology's overall GF Score™ is 97/100 with 1 warning sign 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 Shanghai BOCHU Electronic Technology (SHSE:688188), the current ROA % is 18.86% 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 Shanghai BOCHU Electronic Technology (SHSE:688188) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai BOCHU Electronic Technology stock appears to be undervalued.
The current stock price of ¥101.65 is trading 26% below its estimated GF Value™ of ¥137.37.
GuruFocus considers Shanghai BOCHU Electronic Technology to be Modestly Undervalued.
Key valuation signals for SHSE:688188:
ROA %: 18.86% (near median its 10-year median of 18.44)
GF Value™: ¥137.37 vs. price of ¥101.65 (26% below fair value)
Industry Position: 663.6% above the Semiconductors median (#60 of 1025)
No single metric tells the full story. See the SHSE:688188 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai BOCHU Electronic Technology Business Description
Shanghai BOCHU Electronic Technology Corp Ltd is engaged in research & development, production, and sales of laser cutting control systems. The company develops follow-up control, board control, and bus control systems, along with related supporting products.
97GF Score
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