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SHSE:688401's ROA % is ranked better than 79.67% of 1028
companies
in the Semiconductors industry
Industry Median: 2.465
vs SHSE:688401: 9.30
Shenzhen Newway Photomask Making Co (SHSE:688401) 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 Newway Photomask Making Co ROA % Related Terms
Shenzhen Newway Photomask Making 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 Semiconductor Equipment & Materials subindustry, Shenzhen Newway Photomask Making 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 Newway Photomask Making Co 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.
Shenzhen Newway Photomask Making Co (SHSE:688401) has a ROA % of 8.66% 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 Newway Photomask Making Co and its competitors. This is 55% above median its historical median of 5.58. According to the industry distribution chart, Shenzhen Newway Photomask Making Co ranks #209 out of 1028 companies in the Semiconductors industry, placing it in the top 20.3%.
Is Shenzhen Newway Photomask Making Co's ROA % too high?
Shenzhen Newway Photomask Making Co's current ROA % of 8.66% is 55% above median its 10-year median of 5.58. The Semiconductors industry median ROA % is 2.47. Shenzhen Newway Photomask Making Co's value of 8.66% is 251.3% above this industry median. Based on the distribution chart, Shenzhen Newway Photomask Making Co ranks #209 out of 1028 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Shenzhen Newway Photomask Making Co has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Newway Photomask Making Co's ROA % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Shenzhen Newway Photomask Making Co ranks #209 out of 1028 companies for ROA %. This places Shenzhen Newway Photomask Making Co in the top 20% of its industry — outperforming the majority of peers. The industry median ROA % is 2.47. Shenzhen Newway Photomask Making Co's value of 8.66% is 251.3% above this benchmark. While the company's 10-year median is 5.58 vs. the industry median of 2.47, Shenzhen Newway Photomask Making 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 Semiconductors company?
The median ROA % among Semiconductors companies is 2.47, based on 1,028 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 Newway Photomask Making Co's current ROA % of 8.66% is 251.3% 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 Newway Photomask Making Co 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. Shenzhen Newway Photomask Making Co's current ROA % is 8.66%, which is 55% above median its own 10-year median of 5.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Newway Photomask Making Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Newway Photomask Making Co (SHSE:688401) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥53.78, compared to a current price of ¥68.65 — trading 27.6% above its estimated fair value. The current ROA % is 8.66%, which is 55% above median its 10-year median of 5.58 and 251.3% above the Semiconductors industry median of 2.47. Shenzhen Newway Photomask Making Co's overall GF Score™ is 82/100 with 3 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 Newway Photomask Making Co (SHSE:688401), the current ROA % is 8.66% 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 Newway Photomask Making Co (SHSE:688401) Overvalued in 2026?
Based on GuruFocus' analysis, Shenzhen Newway Photomask Making Co stock appears to be overvalued.
The current stock price of ¥68.65 is trading 27.6% above its estimated GF Value™ of ¥53.78.
GuruFocus considers Shenzhen Newway Photomask Making Co to be Modestly Overvalued.
Key valuation signals for SHSE:688401:
ROA %: 8.66% (55% above median its 10-year median of 5.58)
GF Value™: ¥53.78 vs. price of ¥68.65 (27.6% above fair value)
Industry Position: 251.3% above the Semiconductors median (#209 of 1028)
No single metric tells the full story. See the SHSE:688401 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shenzhen Newway Photomask Making Co Business Description
Shenzhen Newway Photomask Making Co Ltd is engage research and development, production and sales of photomasks used in industries such as integrated circuits and displays; research and development, production and sales of photomask materials; technology development and sales of electronic products and software; research and development, production and sales of electronic equipment; engage in the import and export of goods and technology (excluding distribution and state-monopolized and controlled commodities).
82GF Score
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ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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