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SHSE:688708's ROA % is ranked better than 91.62% of 1611
companies
in the Chemicals industry
Industry Median: 2.92
vs SHSE:688708: 11.73
Chengdu Jiachi Electronic Technology Co (SHSE:688708) 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.
Chengdu Jiachi Electronic Technology Co ROA % Related Terms
Chengdu Jiachi Electronic 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.
Chengdu Jiachi Electronic Technology Co ROA % Chart
Chengdu Jiachi Electronic Technology Co Annual Data
For the Specialty Chemicals subindustry, Chengdu Jiachi Electronic 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.
Chengdu Jiachi Electronic Technology Co ROA % vs Chemicals 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.
Chengdu Jiachi Electronic Technology Co (SHSE:688708) has a ROA % of 2.58% 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 Chengdu Jiachi Electronic Technology Co and its competitors. This is 89% below median its historical median of 23.84. Over the past decade, Chengdu Jiachi Electronic Technology Co's ROA % has ranged from 11.50 to 43.02. According to the industry distribution chart, Chengdu Jiachi Electronic Technology Co ranks #135 out of 1611 companies in the Chemicals industry, placing it in the top 8.4%.
Is Chengdu Jiachi Electronic Technology Co's ROA % too high?
Chengdu Jiachi Electronic Technology Co's current ROA % of 2.58% is 89% below median its 10-year median of 23.84. Over the past 10 years, this metric has ranged from a low of 11.50 to a high of 43.02. The Chemicals industry median ROA % is 2.92. Chengdu Jiachi Electronic Technology Co's value of 2.58% is 11.6% below this industry median. Based on the distribution chart, Chengdu Jiachi Electronic Technology Co ranks #135 out of 1611 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Chengdu Jiachi Electronic Technology Co has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Chengdu Jiachi Electronic Technology Co's ROA % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Chengdu Jiachi Electronic Technology Co ranks #135 out of 1611 companies for ROA %. This places Chengdu Jiachi Electronic Technology Co in the top 8% of its industry — outperforming the majority of peers. The industry median ROA % is 2.92. Chengdu Jiachi Electronic Technology Co's value of 2.58% is 11.6% below this benchmark. Historically, Chengdu Jiachi Electronic Technology Co's own ROA % has ranged from 11.50 to 43.02 over the past decade. While the company's 10-year median is 23.84 vs. the industry median of 2.92, Chengdu Jiachi Electronic Technology Co has consistently been below 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 1,611 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. Chengdu Jiachi Electronic Technology Co's current ROA % of 2.58% is 11.6% below 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 Chengdu Jiachi Electronic 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. Chengdu Jiachi Electronic Technology Co's current ROA % is 2.58%, which is 89% below median its own 10-year median of 23.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chengdu Jiachi Electronic Technology Co stock overvalued right now?
Chengdu Jiachi Electronic Technology Co (SHSE:688708) has a current ROA % of 2.58%. The current ROA % is 2.58%, which is 89% below median its 10-year median of 23.84 and 11.6% below the Chemicals industry median of 2.92. Chengdu Jiachi Electronic Technology Co's overall GF Score™ is 45/100 with 7 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 Chengdu Jiachi Electronic Technology Co (SHSE:688708), the current ROA % is 2.58% 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.
Chengdu Jiachi Electronic Technology Co Business Description
AddressNo. 288, West Section of Wenming Street, New Economic Industrial Park, South Area of ??Chengdu Modern Industrial Port, Pidu District, Sichuan Province, Chengdu, CHN, 611730
Chengdu Jiachi Electronic Technology Co Ltd is engaged in research and development, manufacturing, testing, sales and service of EMMS. It products include Absorbing patch, Wave absorbing, Functional coating, etc.
45GF Score
Get the complete analysis for SHSE:688708
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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