SHSE:688290's ROA % is ranked worse than 71.58% of 2505
companies
in the Hardware industry
Industry Median: 2.28
vs SHSE:688290: -1.69
Hangzhou Jingye Intelligent Technology Co (SHSE:688290) 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 Jingye Intelligent Technology Co ROA % Related Terms
Hangzhou Jingye Intelligent Technology 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 Jingye Intelligent Technology Co ROA % Chart
Hangzhou Jingye Intelligent Technology Co Annual Data
For the Computer Hardware subindustry, Hangzhou Jingye Intelligent Technology 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.
Hangzhou Jingye Intelligent Technology Co ROA % vs Hardware 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 Jingye Intelligent Technology Co (SHSE:688290) has a ROA % of -1.70% 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 Jingye Intelligent Technology Co and its competitors. According to the industry distribution chart, Hangzhou Jingye Intelligent Technology Co ranks #1793 out of 2505 companies in the Hardware industry, placing it in the top 71.6%.
Is Hangzhou Jingye Intelligent Technology Co's ROA % too high?
Hangzhou Jingye Intelligent Technology Co's current ROA % is -1.70%. Based on the distribution chart, Hangzhou Jingye Intelligent Technology Co ranks #1793 out of 2505 companies in the Hardware industry, which is below the industry midpoint. Overall, Hangzhou Jingye Intelligent Technology Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou Jingye Intelligent Technology Co's ROA % compare to SNDK and DELL?
According to the Hardware industry distribution chart, Hangzhou Jingye Intelligent Technology Co ranks #1793 out of 2505 companies for ROA %. This places Hangzhou Jingye Intelligent Technology Co in the lower half of its industry. The industry median ROA % is 2.28. 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 Hardware company?
The median ROA % among Hardware companies is 2.28, based on 2,505 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. 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 Jingye Intelligent Technology Co and its competitors. For the Hardware industry, the median ROA % is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hangzhou Jingye Intelligent Technology Co's current ROA % is -1.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou Jingye Intelligent Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou Jingye Intelligent Technology Co (SHSE:688290) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥36.81, compared to a current price of ¥63.00 — trading 71.1% above its estimated fair value. The current ROA % is -1.70%. Hangzhou Jingye Intelligent Technology Co's overall GF Score™ is 65/100 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 Hangzhou Jingye Intelligent Technology Co (SHSE:688290), the current ROA % is -1.70% 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 Jingye Intelligent Technology Co (SHSE:688290) Overvalued in 2026?
Based on GuruFocus' analysis, Hangzhou Jingye Intelligent Technology Co stock appears to be overvalued.
The current stock price of ¥63.00 is trading 71.1% above its estimated GF Value™ of ¥36.81.
GuruFocus considers Hangzhou Jingye Intelligent Technology Co to be Significantly Overvalued.
Key valuation signals for SHSE:688290:
ROA %: -1.70%
GF Value™: ¥36.81 vs. price of ¥63.00 (71.1% above fair value)
No single metric tells the full story. See the SHSE:688290 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hangzhou Jingye Intelligent Technology Co Business Description
Hangzhou Jingye Intelligent Technology Co Ltd is engaged in the research and development, production and sales of special robots and intelligent equipment principally used in Nuclear industry, National defense and military, and Nuclear technology applications. The company generates almost all of its revenue from the Domestic market.
65GF Score
Get the complete analysis for SHSE:688290
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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