Sansec Technology Co (SHSE:688489) ROA %: -4.32% (As of Mar. 2026)


SHSE:688489 Sansec Technology Co Ltd SHSE:688489
74 GF Score
Price ¥22.70
GF Value ¥50.80
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Sansec Technology Co ROA %?

Sansec Technology Co SHSE:688489 +2.95% 74 ROA % is -4.32% as of Mar. 2026. GuruFocus rates SHSE:688489 with a GF Score™ of 74/100 and a GF Value™ of ¥50.80 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,881 Software companies, Sansec Technology Co ranks worse than 61.61% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Sansec Technology Co's annualized Net Income for the quarter that ended in Mar. 2026 was ¥-90.5 Mil. Sansec Technology Co's average Total Assets over the quarter that ended in Mar. 2026 was ¥2,095.5 Mil. Therefore, Sansec Technology Co's annualized ROA % for the quarter that ended in Mar. 2026 was -4.32%.

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

SHSE:688489' s ROA % Range Over the Past 10 Years
Min: -2.02   Med: 8.86   Max: 19.56
Current: -1.55

During the past 8 years, Sansec Technology Co's highest ROA % was 19.56%. The lowest was -2.02%. And the median was 8.86%.

SHSE:688489's ROA % is ranked worse than
61.61% of 2881 companies
in the Software industry
Industry Median: 1.65 vs SHSE:688489: -1.55

Sansec Technology Co  (SHSE:688489) 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
=-90.46/2095.4835
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-90.46 / 288.62)*(288.62 / 2095.4835)
=Net Margin %*Asset Turnover
=-31.34 %*0.1377
=-4.32 %

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.


Sansec Technology Co ROA % Related Terms


Sansec Technology Co ROA % Historical Data

* Premium members only.

The historical data trend for Sansec 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.

Sansec Technology Co ROA % Chart

Sansec Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial 17.81 8.78 3.32 1.98 -2.02

Sansec Technology Co Quarterly Data
Jun21 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 -6.42 0.90 -1.90 -0.85 -4.32

SHSE:688489 vs UBER, SHOP, CRM: ROA % Comparison

For the Software - Application subindustry, Sansec 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.


Sansec Technology Co ROA % vs Software Industry

For the Software industry and Technology sector, Sansec Technology Co's ROA % distribution charts can be found below:

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


SHSE:688489
74GF Score
Sansec Technology Co Ltd SHSE:688489
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sansec Technology Co ROA % Calculation

Sansec 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 )
=-43.647/( (2180.57+2137.494)/ 2 )
=-43.647/2159.032
=-2.02 %

Sansec 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 )
=-90.46/( (2137.494+2053.473)/ 2 )
=-90.46/2095.4835
=-4.32 %

* 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 -4.32% mean?
Sansec Technology Co (SHSE:688489) has a ROA % of -4.32% 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 Sansec Technology Co and its competitors. According to the industry distribution chart, Sansec Technology Co ranks #1775 out of 2881 companies in the Software industry, placing it in the top 61.6%.
Is Sansec Technology Co's ROA % too high?
Sansec Technology Co's current ROA % is -4.32%. Based on the distribution chart, Sansec Technology Co ranks #1775 out of 2881 companies in the Software industry, which is below the industry midpoint. Overall, Sansec Technology Co has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sansec Technology Co's ROA % compare to UBER and SHOP?
According to the Software industry distribution chart, Sansec Technology Co ranks #1775 out of 2881 companies for ROA %. This places Sansec Technology Co in the lower half of its industry. The industry median ROA % is 1.65. 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 1.65, based on 2,881 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 Sansec Technology Co and its competitors. For the Software industry, the median ROA % is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sansec Technology Co's current ROA % is -4.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sansec Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Sansec Technology Co (SHSE:688489) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥50.80, compared to a current price of ¥22.70 — trading 55.3% below its estimated fair value. The current ROA % is -4.32%. Sansec Technology Co's overall GF Score™ is 74/100 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 Sansec Technology Co (SHSE:688489), the current ROA % is -4.32% 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 Sansec Technology Co (SHSE:688489) Overvalued in 2026?

Based on GuruFocus' analysis, Sansec Technology Co stock appears to be undervalued. The current stock price of ¥22.70 is trading 55.3% below its estimated GF Value™ of ¥50.80. GuruFocus considers Sansec Technology Co to be Significantly Undervalued.

Key valuation signals for SHSE:688489:

  • ROA %: -4.32%
  • GF Value™: ¥50.80 vs. price of ¥22.70 (55.3% below fair value)
  • GF Score™: 74/100 with 3 warning signs

No single metric tells the full story. See the SHSE:688489 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sansec Technology Co Business Description

Address Guangshun North Street, Room 1406, 14th Floor, Building 2, Courtyard 16, Chaoyang District, Beijing, CHN, 100102
Sansec Technology Co Ltd is engaged in innovation of cryptographic technology and R&D, sales and service of cryptographic products and provides cryptographic products and solutions for the internet information security. The company's products portfolio includes PCIe HSM, Cloud HSM, General purpose HSM, Financial HSM, and Cryptographic Software System. HSMs provide the integrated cryptographic functions for different application scenarios, including financial HSMs, general purpose HSMs, cloud HSMs, KMS and other HSMs. Cryptographic systems include key management system, cryptographic service platform, identity authentication system, cryptographic middleware, etc.
74GF Score

Get the complete analysis for SHSE:688489

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

¥22.70
Price
¥50.80
GF Value