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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Zhejiang Shuangyuan Technology Co's annualizedNet Income for the quarter that ended in Jun. 2026 was ¥100.3 Mil.
Zhejiang Shuangyuan Technology Co's average Total Assets over the quarter that ended in Jun. 2026 was ¥2,721.4 Mil. Therefore, Zhejiang Shuangyuan Technology Co's annualized ROA % for the quarter that ended in Jun. 2026 was 3.69%.
Zhejiang Shuangyuan Technology Co (SHSE:688623) 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 (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 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.
Zhejiang Shuangyuan Technology Co ROA % Related Terms
Zhejiang Shuangyuan Technology 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 Specialty Industrial Machinery subindustry, Zhejiang Shuangyuan 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.
Zhejiang Shuangyuan Technology Co ROA % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Zhejiang Shuangyuan Technology Co's ROA % distribution charts can be found below:
* The bar in red indicates where Zhejiang Shuangyuan Technology Co's ROA % falls into.
* 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 (Jun. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Zhejiang Shuangyuan Technology Co (SHSE:688623) has a ROA % of 3.69% as of Jun. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Zhejiang Shuangyuan Technology Co and its competitors. This is 64% below median its historical median of 10.30. Over the past decade, Zhejiang Shuangyuan Technology Co's ROA % has ranged from 2.35 to 14.41. According to the industry distribution chart, Zhejiang Shuangyuan Technology Co ranks #1675 out of 3084 companies in the Industrial Products industry, placing it in the top 54.3%.
Is Zhejiang Shuangyuan Technology Co's ROA % too high?
Zhejiang Shuangyuan Technology Co's current ROA % of 3.69% is 64% below median its 10-year median of 10.30. Over the past 10 years, this metric has ranged from a low of 2.35 to a high of 14.41. The Industrial Products industry median ROA % is 3.19. Zhejiang Shuangyuan Technology Co's value of 3.69% is 15.7% above this industry median. Based on the distribution chart, Zhejiang Shuangyuan Technology Co ranks #1675 out of 3084 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Zhejiang Shuangyuan Technology Co has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Shuangyuan Technology Co's ROA % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Zhejiang Shuangyuan Technology Co ranks #1675 out of 3084 companies for ROA %. This places Zhejiang Shuangyuan Technology Co in the lower half of its industry. The industry median ROA % is 3.19. Zhejiang Shuangyuan Technology Co's value of 3.69% is 15.7% above this benchmark. Historically, Zhejiang Shuangyuan Technology Co's own ROA % has ranged from 2.35 to 14.41 over the past decade. While the company's 10-year median is 10.30 vs. the industry median of 3.19, Zhejiang Shuangyuan Technology 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 Industrial Products company?
The median ROA % among Industrial Products companies is 3.19, based on 3,084 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. Zhejiang Shuangyuan Technology Co's current ROA % of 3.69% is 15.7% 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 Zhejiang Shuangyuan Technology Co and its competitors. For the Industrial Products industry, the median ROA % is 3.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Shuangyuan Technology Co's current ROA % is 3.69%, which is 64% below median its own 10-year median of 10.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Shuangyuan Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Shuangyuan Technology Co (SHSE:688623) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥37.48, compared to a current price of ¥55.90 — trading 49.1% above its estimated fair value. The current ROA % is 3.69%, which is 64% below median its 10-year median of 10.30 and 15.7% above the Industrial Products industry median of 3.19. Zhejiang Shuangyuan Technology Co's overall GF Score™ is 80/100 with 6 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 Zhejiang Shuangyuan Technology Co (SHSE:688623), the current ROA % is 3.69% as of Jun. 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 Zhejiang Shuangyuan Technology Co (SHSE:688623) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Shuangyuan Technology Co stock appears to be overvalued.
The current stock price of ¥55.90 is trading 49.1% above its estimated GF Value™ of ¥37.48.
GuruFocus considers Zhejiang Shuangyuan Technology Co to be Significantly Overvalued.
Key valuation signals for SHSE:688623:
ROA %: 3.69% (64% below median its 10-year median of 10.30)
GF Value™: ¥37.48 vs. price of ¥55.90 (49.1% above fair value)
Industry Position: 15.7% above the Industrial Products median (#1675 of 3084)
No single metric tells the full story. See the SHSE:688623 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Shuangyuan Technology Co Ltd is specialized in the research and development of online automatic measurement and control of product quality in the production process and machine vision application technology. The company mainly produces product quality automatic measurement and control systems and machine vision inspection systems, which are widely used in many industries such as new energy, metal foil materials, medical hygiene materials, films, non-woven fabric hygiene materials, papermaking, and food. worldwide.
80GF Score
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