Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Shenzhen Fortune Trend Technology Co (SHSE:688318) 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.
Shenzhen Fortune Trend Technology Co ROA % Related Terms
Shenzhen Fortune Trend 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.
For the Software - Application subindustry, Shenzhen Fortune Trend 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.
Shenzhen Fortune Trend Technology Co ROA % vs Software 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.
Shenzhen Fortune Trend Technology Co (SHSE:688318) has a ROA % of 3.41% 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 Shenzhen Fortune Trend Technology Co and its competitors. This is 67% below median its historical median of 10.27. Over the past decade, Shenzhen Fortune Trend Technology Co's ROA % has ranged from 4.62 to 20.92. According to the industry distribution chart, Shenzhen Fortune Trend Technology Co ranks #739 out of 2894 companies in the Software industry, placing it in the top 25.5%.
Is Shenzhen Fortune Trend Technology Co's ROA % too high?
Shenzhen Fortune Trend Technology Co's current ROA % of 3.41% is 67% below median its 10-year median of 10.27. Over the past 10 years, this metric has ranged from a low of 4.62 to a high of 20.92. The Software industry median ROA % is 1.69. Shenzhen Fortune Trend Technology Co's value of 3.41% is 101.8% above this industry median. Based on the distribution chart, Shenzhen Fortune Trend Technology Co ranks #739 out of 2894 companies in the Software industry, which is above the industry midpoint. Overall, Shenzhen Fortune Trend Technology Co has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Fortune Trend Technology Co's ROA % compare to QH and SHOP?
According to the Software industry distribution chart, Shenzhen Fortune Trend Technology Co ranks #739 out of 2894 companies for ROA %. This puts Shenzhen Fortune Trend Technology Co in the upper half of its industry. The industry median ROA % is 1.69. Shenzhen Fortune Trend Technology Co's value of 3.41% is 101.8% above this benchmark. Historically, Shenzhen Fortune Trend Technology Co's own ROA % has ranged from 4.62 to 20.92 over the past decade. While the company's 10-year median is 10.27 vs. the industry median of 1.69, Shenzhen Fortune Trend Technology 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 Software company?
The median ROA % among Software companies is 1.69, based on 2,894 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. Shenzhen Fortune Trend Technology Co's current ROA % of 3.41% is 101.8% 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 Shenzhen Fortune Trend Technology Co and its competitors. For the Software industry, the median ROA % is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Fortune Trend Technology Co's current ROA % is 3.41%, which is 67% below median its own 10-year median of 10.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Fortune Trend Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Fortune Trend Technology Co (SHSE:688318) is currently considered Fairly Valued. The stock's GF Value™ is ¥74.40, compared to a current price of ¥81.46 — trading 9.5% above its estimated fair value. The current ROA % is 3.41%, which is 67% below median its 10-year median of 10.27 and 101.8% above the Software industry median of 1.69. Shenzhen Fortune Trend Technology Co's overall GF Score™ is 94/100 with 5 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 Shenzhen Fortune Trend Technology Co (SHSE:688318), the current ROA % is 3.41% 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 Shenzhen Fortune Trend Technology Co (SHSE:688318) Overvalued in 2026?
Based on GuruFocus' analysis, Shenzhen Fortune Trend Technology Co stock appears to be overvalued.
The current stock price of ¥81.46 is trading 9.5% above its estimated GF Value™ of ¥74.40.
GuruFocus considers Shenzhen Fortune Trend Technology Co to be Fairly Valued.
Key valuation signals for SHSE:688318:
ROA %: 3.41% (67% below median its 10-year median of 10.27)
GF Value™: ¥74.40 vs. price of ¥81.46 (9.5% above fair value)
Industry Position: 101.8% above the Software median (#739 of 2894)
No single metric tells the full story. See the SHSE:688318 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shenzhen Fortune Trend Technology Co Ltd is engaged in research and development of securities analysis systems and computer communication systems. It provides securities investment analysis system for securities institutions and investors under the brand Tongdaxin. Tongdaxin's well-known online trading products are: China Merchants Securities Zhiyuan One Account, Guoxin Securities Golden Sun Edition, CITIC Securities Zhixin All-rounder, GF Securities Financial Terminal, Galaxy Securities Neptune, Guotai Junan Securities Fuyi, among others.
94GF Score
Get the complete analysis for SHSE:688318
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:688318 has been successfully added to your 
