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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Suzhou Nanomicro Technology Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥272.5 Mil.
Suzhou Nanomicro Technology Co's average Total Assets over the quarter that ended in Mar. 2026 was ¥2,465.5 Mil. Therefore, Suzhou Nanomicro Technology Co's annualized ROA % for the quarter that ended in Mar. 2026 was 11.05%.
The historical rank and industry rank for Suzhou Nanomicro Technology Co's ROA % or its related term are showing as below:
SHSE:688690'
s ROA % Range Over the Past 10 Years
Min: 3.36 Med: 6.63 Max: 19.6
Current: 7.39
During the past 9 years, Suzhou Nanomicro Technology Co's highest ROA % was 19.60%. The lowest was 3.36%. And the median was 6.63%.
SHSE:688690's ROA % is ranked better than 79.47% of 1612
companies
in the Chemicals industry
Industry Median: 2.915
vs SHSE:688690: 7.39
Suzhou Nanomicro Technology Co (SHSE:688690) 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.
Suzhou Nanomicro Technology Co ROA % Related Terms
Suzhou Nanomicro 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 Chemicals subindustry, Suzhou Nanomicro 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.
Suzhou Nanomicro Technology Co ROA % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Suzhou Nanomicro Technology Co's ROA % distribution charts can be found below:
* The bar in red indicates where Suzhou Nanomicro 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 (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Suzhou Nanomicro Technology Co (SHSE:688690) has a ROA % of 11.05% 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 Suzhou Nanomicro Technology Co and its competitors. This is 67% above median its historical median of 6.63. Over the past decade, Suzhou Nanomicro Technology Co's ROA % has ranged from 3.36 to 19.60. According to the industry distribution chart, Suzhou Nanomicro Technology Co ranks #331 out of 1612 companies in the Chemicals industry, placing it in the top 20.5%.
Is Suzhou Nanomicro Technology Co's ROA % too high?
Suzhou Nanomicro Technology Co's current ROA % of 11.05% is 67% above median its 10-year median of 6.63. Over the past 10 years, this metric has ranged from a low of 3.36 to a high of 19.60. The Chemicals industry median ROA % is 2.92. Suzhou Nanomicro Technology Co's value of 11.05% is 279.1% above this industry median. Based on the distribution chart, Suzhou Nanomicro Technology Co ranks #331 out of 1612 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Suzhou Nanomicro Technology Co has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Suzhou Nanomicro Technology Co's ROA % compare to DOW?
According to the Chemicals industry distribution chart, Suzhou Nanomicro Technology Co ranks #331 out of 1612 companies for ROA %. This places Suzhou Nanomicro Technology Co in the top 21% of its industry — outperforming the majority of peers. The industry median ROA % is 2.92. Suzhou Nanomicro Technology Co's value of 11.05% is 279.1% above this benchmark. Historically, Suzhou Nanomicro Technology Co's own ROA % has ranged from 3.36 to 19.60 over the past decade. While the company's 10-year median is 6.63 vs. the industry median of 2.92, Suzhou Nanomicro 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 a Chemicals company?
The median ROA % among Chemicals companies is 2.92, based on 1,612 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. Suzhou Nanomicro Technology Co's current ROA % of 11.05% is 279.1% 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 Suzhou Nanomicro Technology Co and its competitors. For the Chemicals industry, the median ROA % is 2.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suzhou Nanomicro Technology Co's current ROA % is 11.05%, which is 67% above median its own 10-year median of 6.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suzhou Nanomicro Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Suzhou Nanomicro Technology Co (SHSE:688690) is currently considered Fairly Valued. The stock's GF Value™ is ¥33.93, compared to a current price of ¥34.98 — trading 3.1% above its estimated fair value. The current ROA % is 11.05%, which is 67% above median its 10-year median of 6.63 and 279.1% above the Chemicals industry median of 2.92. Suzhou Nanomicro Technology Co's overall GF Score™ is 89/100 with 4 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 Suzhou Nanomicro Technology Co (SHSE:688690), the current ROA % is 11.05% 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 Suzhou Nanomicro Technology Co (SHSE:688690) Overvalued in 2026?
Based on GuruFocus' analysis, Suzhou Nanomicro Technology Co stock appears to be overvalued.
The current stock price of ¥34.98 is trading 3.1% above its estimated GF Value™ of ¥33.93.
GuruFocus considers Suzhou Nanomicro Technology Co to be Fairly Valued.
Key valuation signals for SHSE:688690:
ROA %: 11.05% (67% above median its 10-year median of 6.63)
GF Value™: ¥33.93 vs. price of ¥34.98 (3.1% above fair value)
Industry Position: 279.1% above the Chemicals median (#331 of 1612)
No single metric tells the full story. See the SHSE:688690 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Suzhou Nanomicro Technology Co Business Description
Suzhou Nanomicro Technology Co Ltd is engaged in the high-performance nano-microsphere materials research and development, large-scale production, sales and application services.
89GF Score
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