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SHSE:688334's ROA % is ranked better than 69.77% of 1095
companies
in the Business Services industry
Industry Median: 3.51
vs SHSE:688334: 6.76
Xi an High Voltage Apparatus Research Institute Co (SHSE:688334) 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.
Xi an High Voltage Apparatus Research Institute Co ROA % Related Terms
Xi an High Voltage Apparatus Research Institute 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.
Xi an High Voltage Apparatus Research Institute Co ROA % Chart
Xi an High Voltage Apparatus Research Institute Co Annual Data
* 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.
Xi an High Voltage Apparatus Research Institute Co ROA % vs Business Services 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.
Xi an High Voltage Apparatus Research Institute Co (SHSE:688334) has a ROA % of 6.99% 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 Xi an High Voltage Apparatus Research Institute Co and its competitors. This is 10% above median its historical median of 6.37. Over the past decade, Xi an High Voltage Apparatus Research Institute Co's ROA % has ranged from 4.71 to 9.45. According to the industry distribution chart, Xi an High Voltage Apparatus Research Institute Co ranks #331 out of 1095 companies in the Business Services industry, placing it in the top 30.2%.
Is Xi an High Voltage Apparatus Research Institute Co's ROA % too high?
Xi an High Voltage Apparatus Research Institute Co's current ROA % of 6.99% is 10% above median its 10-year median of 6.37. Over the past 10 years, this metric has ranged from a low of 4.71 to a high of 9.45. The Business Services industry median ROA % is 3.51. Xi an High Voltage Apparatus Research Institute Co's value of 6.99% is 99.1% above this industry median. Based on the distribution chart, Xi an High Voltage Apparatus Research Institute Co ranks #331 out of 1095 companies in the Business Services industry, which is above the industry midpoint. Overall, Xi an High Voltage Apparatus Research Institute Co has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Xi an High Voltage Apparatus Research Institute Co's ROA % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Xi an High Voltage Apparatus Research Institute Co ranks #331 out of 1095 companies for ROA %. This puts Xi an High Voltage Apparatus Research Institute Co in the upper half of its industry. The industry median ROA % is 3.51. Xi an High Voltage Apparatus Research Institute Co's value of 6.99% is 99.1% above this benchmark. Historically, Xi an High Voltage Apparatus Research Institute Co's own ROA % has ranged from 4.71 to 9.45 over the past decade. While the company's 10-year median is 6.37 vs. the industry median of 3.51, Xi an High Voltage Apparatus Research Institute 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 Business Services company?
The median ROA % among Business Services companies is 3.51, based on 1,095 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. Xi an High Voltage Apparatus Research Institute Co's current ROA % of 6.99% is 99.1% 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 Xi an High Voltage Apparatus Research Institute Co and its competitors. For the Business Services industry, the median ROA % is 3.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xi an High Voltage Apparatus Research Institute Co's current ROA % is 6.99%, which is 10% above median its own 10-year median of 6.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xi an High Voltage Apparatus Research Institute Co stock overvalued right now?
Based on GuruFocus' analysis, Xi an High Voltage Apparatus Research Institute Co (SHSE:688334) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥21.17, compared to a current price of ¥17.20 — trading 18.8% below its estimated fair value. The current ROA % is 6.99%, which is 10% above median its 10-year median of 6.37 and 99.1% above the Business Services industry median of 3.51. Xi an High Voltage Apparatus Research Institute Co's overall GF Score™ is 90/100 with 2 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 Xi an High Voltage Apparatus Research Institute Co (SHSE:688334), the current ROA % is 6.99% 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 Xi an High Voltage Apparatus Research Institute Co (SHSE:688334) Overvalued in 2026?
Based on GuruFocus' analysis, Xi an High Voltage Apparatus Research Institute Co stock appears to be undervalued.
The current stock price of ¥17.20 is trading 18.8% below its estimated GF Value™ of ¥21.17.
GuruFocus considers Xi an High Voltage Apparatus Research Institute Co to be Modestly Undervalued.
Key valuation signals for SHSE:688334:
ROA %: 6.99% (10% above median its 10-year median of 6.37)
GF Value™: ¥21.17 vs. price of ¥17.20 (18.8% below fair value)
Industry Position: 99.1% above the Business Services median (#331 of 1095)
No single metric tells the full story. See the SHSE:688334 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Xi an High Voltage Apparatus Research Institute Co Business Description
Xi an High Voltage Apparatus Research Institute Co Ltd is engaged in Inspection and testing, metrology, certification, and technical consulting services in the electrical field, conducting relevant technical research, standard formulation and revision, and provision of industry management and services.
90GF Score
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