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SHSE:688377's ROA % is ranked better than 64.55% of 1024
companies
in the Oil & Gas industry
Industry Median: 1.93
vs SHSE:688377: 4.12
Nanjing Develop Advanced Manufacturing Co (SHSE:688377) 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.
Nanjing Develop Advanced Manufacturing Co ROA % Related Terms
Nanjing Develop Advanced Manufacturing 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.
Nanjing Develop Advanced Manufacturing Co ROA % Chart
Nanjing Develop Advanced Manufacturing Co Annual Data
For the Oil & Gas Equipment & Services subindustry, Nanjing Develop Advanced Manufacturing 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.
Nanjing Develop Advanced Manufacturing Co ROA % vs Oil & Gas 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.
Nanjing Develop Advanced Manufacturing Co (SHSE:688377) has a ROA % of 2.42% 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 Nanjing Develop Advanced Manufacturing Co and its competitors. This is 49% below median its historical median of 4.76. According to the industry distribution chart, Nanjing Develop Advanced Manufacturing Co ranks #363 out of 1024 companies in the Oil & Gas industry, placing it in the top 35.4%.
Is Nanjing Develop Advanced Manufacturing Co's ROA % too high?
Nanjing Develop Advanced Manufacturing Co's current ROA % of 2.42% is 49% below median its 10-year median of 4.76. The Oil & Gas industry median ROA % is 1.93. Nanjing Develop Advanced Manufacturing Co's value of 2.42% is 25.4% above this industry median. Based on the distribution chart, Nanjing Develop Advanced Manufacturing Co ranks #363 out of 1024 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Nanjing Develop Advanced Manufacturing 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 Nanjing Develop Advanced Manufacturing Co's ROA % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Nanjing Develop Advanced Manufacturing Co ranks #363 out of 1024 companies for ROA %. This puts Nanjing Develop Advanced Manufacturing Co in the upper half of its industry. The industry median ROA % is 1.93. Nanjing Develop Advanced Manufacturing Co's value of 2.42% is 25.4% above this benchmark. While the company's 10-year median is 4.76 vs. the industry median of 1.93, Nanjing Develop Advanced Manufacturing 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 Oil & Gas company?
The median ROA % among Oil & Gas companies is 1.93, based on 1,024 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. Nanjing Develop Advanced Manufacturing Co's current ROA % of 2.42% is 25.4% 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 Nanjing Develop Advanced Manufacturing Co and its competitors. For the Oil & Gas industry, the median ROA % is 1.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nanjing Develop Advanced Manufacturing Co's current ROA % is 2.42%, which is 49% below median its own 10-year median of 4.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanjing Develop Advanced Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Nanjing Develop Advanced Manufacturing Co (SHSE:688377) is currently considered Fairly Valued. The stock's GF Value™ is ¥22.84, compared to a current price of ¥20.91 — trading 8.5% below its estimated fair value. The current ROA % is 2.42%, which is 49% below median its 10-year median of 4.76 and 25.4% above the Oil & Gas industry median of 1.93. Nanjing Develop Advanced Manufacturing Co's overall GF Score™ is 94/100 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 Nanjing Develop Advanced Manufacturing Co (SHSE:688377), the current ROA % is 2.42% 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 Nanjing Develop Advanced Manufacturing Co (SHSE:688377) Overvalued in 2026?
Based on GuruFocus' analysis, Nanjing Develop Advanced Manufacturing Co stock appears to be undervalued.
The current stock price of ¥20.91 is trading 8.5% below its estimated GF Value™ of ¥22.84.
GuruFocus considers Nanjing Develop Advanced Manufacturing Co to be Fairly Valued.
Key valuation signals for SHSE:688377:
ROA %: 2.42% (49% below median its 10-year median of 4.76)
GF Value™: ¥22.84 vs. price of ¥20.91 (8.5% below fair value)
Industry Position: 25.4% above the Oil & Gas median (#363 of 1024)
No single metric tells the full story. See the SHSE:688377 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nanjing Develop Advanced Manufacturing Co Business Description
Nanjing Develop Advanced Manufacturing Co Ltd is engaged in production and sales of special parts for oil and gas equipment. The company manufactures and sells petroleum and natural gas mining equipment and components, components and high-pressure valves, offshore engineering mining equipment and components.
94GF Score
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