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SHSE:688682's ROA % is ranked worse than 73.27% of 2503
companies
in the Hardware industry
Industry Median: 2.28
vs SHSE:688682: -2.27
Shanghai Hollywave Electronic System Co (SHSE:688682) 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.
Shanghai Hollywave Electronic System Co ROA % Related Terms
Shanghai Hollywave Electronic System 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.
Shanghai Hollywave Electronic System Co ROA % Chart
Shanghai Hollywave Electronic System Co Annual Data
For the Communication Equipment subindustry, Shanghai Hollywave Electronic System 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.
Shanghai Hollywave Electronic System Co ROA % vs Hardware 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.
Shanghai Hollywave Electronic System Co (SHSE:688682) has a ROA % of 2.82% 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 Shanghai Hollywave Electronic System Co and its competitors. This is 72% below median its historical median of 10.24. According to the industry distribution chart, Shanghai Hollywave Electronic System Co ranks #1834 out of 2503 companies in the Hardware industry, placing it in the top 73.3%.
Is Shanghai Hollywave Electronic System Co's ROA % too high?
Shanghai Hollywave Electronic System Co's current ROA % of 2.82% is 72% below median its 10-year median of 10.24. The Hardware industry median ROA % is 2.28. Shanghai Hollywave Electronic System Co's value of 2.82% is 23.7% above this industry median. Based on the distribution chart, Shanghai Hollywave Electronic System Co ranks #1834 out of 2503 companies in the Hardware industry, which is below the industry midpoint. Overall, Shanghai Hollywave Electronic System Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Hollywave Electronic System Co's ROA % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Shanghai Hollywave Electronic System Co ranks #1834 out of 2503 companies for ROA %. This places Shanghai Hollywave Electronic System Co in the lower half of its industry. The industry median ROA % is 2.28. Shanghai Hollywave Electronic System Co's value of 2.82% is 23.7% above this benchmark. While the company's 10-year median is 10.24 vs. the industry median of 2.28, Shanghai Hollywave Electronic System 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 Hardware company?
The median ROA % among Hardware companies is 2.28, based on 2,503 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. Shanghai Hollywave Electronic System Co's current ROA % of 2.82% is 23.7% 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 Shanghai Hollywave Electronic System Co and its competitors. For the Hardware industry, the median ROA % is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Hollywave Electronic System Co's current ROA % is 2.82%, which is 72% below median its own 10-year median of 10.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Hollywave Electronic System Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Hollywave Electronic System Co (SHSE:688682) is currently considered Fairly Valued. The stock's GF Value™ is ¥28.67, compared to a current price of ¥31.66 — trading 10.4% above its estimated fair value. The current ROA % is 2.82%, which is 72% below median its 10-year median of 10.24 and 23.7% above the Hardware industry median of 2.28. Shanghai Hollywave Electronic System Co's overall GF Score™ is 76/100 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 Shanghai Hollywave Electronic System Co (SHSE:688682), the current ROA % is 2.82% 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 Shanghai Hollywave Electronic System Co (SHSE:688682) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Hollywave Electronic System Co stock appears to be overvalued.
The current stock price of ¥31.66 is trading 10.4% above its estimated GF Value™ of ¥28.67.
GuruFocus considers Shanghai Hollywave Electronic System Co to be Fairly Valued.
Key valuation signals for SHSE:688682:
ROA %: 2.82% (72% below median its 10-year median of 10.24)
GF Value™: ¥28.67 vs. price of ¥31.66 (10.4% above fair value)
Industry Position: 23.7% above the Hardware median (#1834 of 2503)
No single metric tells the full story. See the SHSE:688682 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Hollywave Electronic System Co Business Description
Shanghai Hollywave Electronic System Co Ltd is engaged in providing systems, software and services for testing and simulation in the field of radar and wireless communications.
76GF Score
Get the complete analysis for SHSE:688682
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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