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Grinm Metal Composites (Beijing) Technolgy Co (SHSE:688811) 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.
Grinm Metal Composites (Beijing) Technolgy Co ROA % Related Terms
Grinm Metal Composites (Beijing) Technolgy 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.
Grinm Metal Composites (Beijing) Technolgy Co ROA % Chart
Grinm Metal Composites (Beijing) Technolgy Co Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
ROA %
10.12
8.09
7.11
6.42
Grinm Metal Composites (Beijing) Technolgy Co Quarterly Data
Grinm Metal Composites (Beijing) Technolgy Co ROA % Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Grinm Metal Composites (Beijing) Technolgy 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.
Grinm Metal Composites (Beijing) Technolgy Co ROA % vs Metals & Mining 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.
Grinm Metal Composites (Beijing) Technolgy Co (SHSE:688811) has a ROA % of 0.10% 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 Grinm Metal Composites (Beijing) Technolgy Co and its competitors. This is 99% below median its historical median of 7.60. Over the past decade, Grinm Metal Composites (Beijing) Technolgy Co's ROA % has ranged from 6.42 to 10.12. According to the industry distribution chart, Grinm Metal Composites (Beijing) Technolgy Co ranks #387 out of 2670 companies in the Metals & Mining industry, placing it in the top 14.5%.
Is Grinm Metal Composites (Beijing) Technolgy Co's ROA % too high?
Grinm Metal Composites (Beijing) Technolgy Co's current ROA % of 0.10% is 99% below median its 10-year median of 7.60. Over the past 10 years, this metric has ranged from a low of 6.42 to a high of 10.12. Based on the distribution chart, Grinm Metal Composites (Beijing) Technolgy Co ranks #387 out of 2670 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Grinm Metal Composites (Beijing) Technolgy Co has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Grinm Metal Composites (Beijing) Technolgy Co's ROA % compare to competitors?
According to the Metals & Mining industry distribution chart, Grinm Metal Composites (Beijing) Technolgy Co ranks #387 out of 2670 companies for ROA %. This places Grinm Metal Composites (Beijing) Technolgy Co in the top 15% of its industry — outperforming the majority of peers. Historically, Grinm Metal Composites (Beijing) Technolgy Co's own ROA % has ranged from 6.42 to 10.12 over the past decade. 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 Metals & Mining company?
A good ROA % depends on the Metals & Mining industry context. 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 Grinm Metal Composites (Beijing) Technolgy Co and its competitors. Grinm Metal Composites (Beijing) Technolgy Co's current ROA % is 0.10%, which is 99% below median its own 10-year median of 7.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grinm Metal Composites (Beijing) Technolgy Co stock overvalued right now?
Grinm Metal Composites (Beijing) Technolgy Co (SHSE:688811) has a current ROA % of 0.10%. The current ROA % is 0.10%, which is 99% below median its 10-year median of 7.60. Grinm Metal Composites (Beijing) Technolgy Co's overall GF Score™ is 17/100 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 Grinm Metal Composites (Beijing) Technolgy Co (SHSE:688811), the current ROA % is 0.10% 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.
Grinm Metal Composites (Beijing) Technolgy Co Ltd is engaged in the research, development, production and sales of metal composite materials and products, and special non-ferrous metal alloy products. Its activities include the manufacturing and processing of non-ferrous metals, as well as the production and sale of metal matrix and ceramic matrix composites, forgings, and powder metallurgy products.
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