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FSPG Hi-Tech CoSZSE:000973 +0.21%60 ROA % is 17.45% as of Mar. 2026, which is 649% above its 10-year median of 2.33. GuruFocus rates SZSE:000973 with a GF Score™ of 60/100 and a GF Value™ of ¥7.06 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,616 Chemicals companies, FSPG Hi-Tech Co ranks better than 79.52% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. FSPG Hi-Tech Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥2,226 Mil.
FSPG Hi-Tech Co's average Total Assets over the quarter that ended in Mar. 2026 was ¥12,755 Mil. Therefore, FSPG Hi-Tech Co's annualized ROA % for the quarter that ended in Mar. 2026 was 17.45%.
The historical rank and industry rank for FSPG Hi-Tech Co's ROA % or its related term are showing as below:
SZSE:000973'
s ROA % Range Over the Past 10 Years
Min: 0.87 Med: 2.33 Max: 7.98
Current: 7.98
During the past 13 years, FSPG Hi-Tech Co's highest ROA % was 7.98%. The lowest was 0.87%. And the median was 2.33%.
SZSE:000973's ROA % is ranked better than 79.52% of 1616
companies
in the Chemicals industry
Industry Median: 3.22
vs SZSE:000973: 7.98
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.
FSPG Hi-Tech Co ROA % Related Terms
FSPG Hi-Tech Co ROA % Historical Data
* Premium members only.
The historical data trend for FSPG Hi-Tech Co's ROA % can be seen below:
* 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, FSPG Hi-Tech 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.
FSPG Hi-Tech Co ROA % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, FSPG Hi-Tech Co's ROA % distribution charts can be found below:
* The bar in red indicates where FSPG Hi-Tech 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.
FSPG Hi-Tech Co (SZSE:000973) has a ROA % of 17.45% 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 FSPG Hi-Tech Co and its competitors. This is 649% above median its historical median of 2.33. Over the past decade, FSPG Hi-Tech Co's ROA % has ranged from 0.87 to 7.98. According to the industry distribution chart, FSPG Hi-Tech Co ranks #331 out of 1616 companies in the Chemicals industry, placing it in the top 20.5%.
Is FSPG Hi-Tech Co's ROA % too high?
FSPG Hi-Tech Co's current ROA % of 17.45% is 649% above median its 10-year median of 2.33. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 7.98. The Chemicals industry median ROA % is 3.22. FSPG Hi-Tech Co's value of 17.45% is 441.9% above this industry median. Based on the distribution chart, FSPG Hi-Tech Co ranks #331 out of 1616 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, FSPG Hi-Tech Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FSPG Hi-Tech Co's ROA % compare to DOW?
According to the Chemicals industry distribution chart, FSPG Hi-Tech Co ranks #331 out of 1616 companies for ROA %. This places FSPG Hi-Tech Co in the top 21% of its industry — outperforming the majority of peers. The industry median ROA % is 3.22. FSPG Hi-Tech Co's value of 17.45% is 441.9% above this benchmark. Historically, FSPG Hi-Tech Co's own ROA % has ranged from 0.87 to 7.98 over the past decade. While the company's 10-year median is 2.33 vs. the industry median of 3.22, FSPG Hi-Tech 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 3.22, based on 1,616 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. FSPG Hi-Tech Co's current ROA % of 17.45% is 441.9% 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 FSPG Hi-Tech Co and its competitors. For the Chemicals industry, the median ROA % is 3.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FSPG Hi-Tech Co's current ROA % is 17.45%, which is 649% above median its own 10-year median of 2.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FSPG Hi-Tech Co stock overvalued right now?
Based on GuruFocus' analysis, FSPG Hi-Tech Co (SZSE:000973) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥7.06, compared to a current price of ¥14.43 — trading 104.4% above its estimated fair value. The current ROA % is 17.45%, which is 649% above median its 10-year median of 2.33 and 441.9% above the Chemicals industry median of 3.22. FSPG Hi-Tech Co's overall GF Score™ is 60/100 with 10 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 FSPG Hi-Tech Co (SZSE:000973), the current ROA % is 17.45% 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 FSPG Hi-Tech Co (SZSE:000973) Overvalued in 2026?
Based on GuruFocus' analysis, FSPG Hi-Tech Co stock appears to be overvalued.
The current stock price of ¥14.43 is trading 104.4% above its estimated GF Value™ of ¥7.06.
GuruFocus considers FSPG Hi-Tech Co to be Significantly Overvalued.
Key valuation signals for SZSE:000973:
ROA %: 17.45% (649% above median its 10-year median of 2.33)
GF Value™: ¥7.06 vs. price of ¥14.43 (104.4% above fair value)
Industry Position: 441.9% above the Chemicals median (#331 of 1616)
No single metric tells the full story. See the SZSE:000973 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FSPG Hi-Tech Co Ltd is a China-based company mainly engaged in the research and development, production, and sale of new energy, new materials, energy-saving technologies, and environmental protection products. The company offers Packaging materials, such as BOPA, BOPP drinking straw, and cigarette packaging materials, and laminated AL films; Electric and optical materials, such as BOPP capacitor and polarizer films; Construction materials comprising woven fabrics and PE-Xc pipes; Personal Healthcare & Clothing materials, such as PE Casting Embossed Film and EasyTexTM and Advertisement & Labeling Material includes PVC Film For Graphics Use.
60GF Score
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