United Nova Technology Co (SHSE:688469) ROA %: -1.06% (As of Mar. 2026)


SHSE:688469 United Nova Technology Co Ltd SHSE:688469
65 GF Score
Price ¥9.35
GF Value ¥5.74
Valuation Significantly Overvalued
! 5 Warning Signs
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What is United Nova Technology Co ROA %?

United Nova Technology Co SHSE:688469 -3.11% 65 ROA % is -1.06% as of Mar. 2026. GuruFocus rates SHSE:688469 with a GF Score™ of 65/100 and a GF Value™ of ¥5.74 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,025 Semiconductors companies, United Nova Technology Co ranks worse than 67.61% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. United Nova Technology Co's annualized Net Income for the quarter that ended in Mar. 2026 was ¥-353 Mil. United Nova Technology Co's average Total Assets over the quarter that ended in Mar. 2026 was ¥33,371 Mil. Therefore, United Nova Technology Co's annualized ROA % for the quarter that ended in Mar. 2026 was -1.06%.

The historical rank and industry rank for United Nova Technology Co's ROA % or its related term are showing as below:

SHSE:688469' s ROA % Range Over the Past 10 Years
Min: -18.61   Med: -6.82   Max: -1.51
Current: -1.51

During the past 7 years, United Nova Technology Co's highest ROA % was -1.51%. The lowest was -18.61%. And the median was -6.82%.

SHSE:688469's ROA % is ranked worse than
67.61% of 1025 companies
in the Semiconductors industry
Industry Median: 2.47 vs SHSE:688469: -1.51

United Nova Technology Co  (SHSE:688469) 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 bank’s 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:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-353.452/33370.589
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-353.452 / 7849.336)*(7849.336 / 33370.589)
=Net Margin %*Asset Turnover
=-4.5 %*0.2352
=-1.06 %

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.


United Nova Technology Co ROA % Related Terms


United Nova Technology Co ROA % Historical Data

* Premium members only.

The historical data trend for United Nova Technology Co's ROA % can be seen below:

* 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.

United Nova Technology Co ROA % Chart

United Nova Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial -11.78 -5.66 -6.82 -2.93 -1.77

United Nova Technology Co Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.16 0.14 -3.58 -1.61 -1.06

SHSE:688469 vs NVDA, AVGO, MU: ROA % Comparison

For the Semiconductors subindustry, United Nova 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.


United Nova Technology Co ROA % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, United Nova Technology Co's ROA % distribution charts can be found below:

* The bar in red indicates where United Nova Technology Co's ROA % falls into.


SHSE:688469
65GF Score
United Nova Technology Co Ltd SHSE:688469
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

United Nova Technology Co ROA % Calculation

United Nova Technology Co's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=-594.893/( (34202.724+33180.986)/ 2 )
=-594.893/33691.855
=-1.77 %

United Nova Technology Co's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=-353.452/( (33180.986+33560.192)/ 2 )
=-353.452/33370.589
=-1.06 %

* 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.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -1.06% mean?
United Nova Technology Co (SHSE:688469) has a ROA % of -1.06% 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 United Nova Technology Co and its competitors. According to the industry distribution chart, United Nova Technology Co ranks #693 out of 1025 companies in the Semiconductors industry, placing it in the top 67.6%.
Is United Nova Technology Co's ROA % too high?
United Nova Technology Co's current ROA % is -1.06%. Based on the distribution chart, United Nova Technology Co ranks #693 out of 1025 companies in the Semiconductors industry, which is below the industry midpoint. Overall, United Nova 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 United Nova Technology Co's ROA % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, United Nova Technology Co ranks #693 out of 1025 companies for ROA %. This places United Nova Technology Co in the lower half of its industry. The industry median ROA % is 2.47. 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 1,025 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 United Nova Technology 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. United Nova Technology Co's current ROA % is -1.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Nova Technology Co stock overvalued right now?
Based on GuruFocus' analysis, United Nova Technology Co (SHSE:688469) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.74, compared to a current price of ¥9.35 — trading 62.9% above its estimated fair value. The current ROA % is -1.06%. United Nova Technology Co's overall GF Score™ is 65/100 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 United Nova Technology Co (SHSE:688469), the current ROA % is -1.06% 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 United Nova Technology Co (SHSE:688469) Overvalued in 2026?

Based on GuruFocus' analysis, United Nova Technology Co stock appears to be overvalued. The current stock price of ¥9.35 is trading 62.9% above its estimated GF Value™ of ¥5.74. GuruFocus considers United Nova Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:688469:

  • ROA %: -1.06%
  • GF Value™: ¥5.74 vs. price of ¥9.35 (62.9% above fair value)
  • GF Score™: 65/100 with 5 warning signs

No single metric tells the full story. See the SHSE:688469 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


United Nova Technology Co Business Description

Address No. 518 Linjiang Road, Gaobu Street, Yuecheng District, Zhejiang Province, Shaoxing, CHN, 312000
United Nova Technology Co Ltd provides foundry service focusing on technology solutions for power, connection, and sensor signal chains. On top of wafer foundry service, It also extended its foundry service to module packages in order to support semiconductor companies with one stop solution. It provides a complete manufacturing platform to support customer mass production as well as technology development.
65GF Score

Get the complete analysis for SHSE:688469

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥9.35
Price
¥5.74
GF Value