BeiJing StarNeto Technology Co (SZSE:002829) ROA %: 24.27% (As of Jun. 2026) — 589% Above Median

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SZSE:002829 BeiJing StarNeto Technology Co Ltd SZSE:002829
66 GF Score
Price ¥19.60
GF Value ¥14.13
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is BeiJing StarNeto Technology Co ROA %?

BeiJing StarNeto Technology Co SZSE:002829 -0.96% 66 ROA % is 24.27% as of Jun. 2026, which is 589% above its 10-year median of 3.52. GuruFocus rates SZSE:002829 with a GF Score™ of 66/100 and a GF Value™ of ¥14.13 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,502 Hardware companies, BeiJing StarNeto Technology Co ranks worse than 80.14% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. BeiJing StarNeto Technology Co's annualized Net Income for the quarter that ended in Jun. 2026 was ¥551.2 Mil. BeiJing StarNeto Technology Co's average Total Assets over the quarter that ended in Jun. 2026 was ¥2,271.1 Mil. Therefore, BeiJing StarNeto Technology Co's annualized ROA % for the quarter that ended in Jun. 2026 was 24.27%.

The historical rank and industry rank for BeiJing StarNeto Technology Co's ROA % or its related term are showing as below:

SZSE:002829' s ROA % Range Over the Past 10 Years
Min: -8.29   Med: 3.52   Max: 10.59
Current: 0.75

During the past 13 years, BeiJing StarNeto Technology Co's highest ROA % was 10.59%. The lowest was -8.29%. And the median was 3.52%.

SZSE:002829's ROA % is ranked worse than
80.14% of 2502 companies
in the Hardware industry
Industry Median: 2.555 vs SZSE:002829: 0.75

BeiJing StarNeto Technology Co  (SZSE:002829) 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 bank’s 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:

ROA %(Q: Jun. 2026 )
=Net Income/Total Assets
=551.216/2271.106
=(Net Income / Revenue)*(Revenue / Total Assets)
=(551.216 / 158.684)*(158.684 / 2271.106)
=Net Margin %*Asset Turnover
=347.37 %*0.0699
=24.27 %

Note: The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 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.


BeiJing StarNeto Technology Co ROA % Related Terms


BeiJing StarNeto Technology Co ROA % Historical Data

* Premium members only.

The historical data trend for BeiJing StarNeto Technology 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.

BeiJing StarNeto Technology Co ROA % Chart

BeiJing StarNeto Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.70 10.03 2.09 -8.29 -4.39

BeiJing StarNeto Technology Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.64 8.63 -24.57 -4.68 24.27

SZSE:002829 vs COHR, KEYS, GRMN: ROA % Comparison

For the Scientific & Technical Instruments subindustry, BeiJing StarNeto 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.


BeiJing StarNeto Technology Co ROA % vs Hardware Industry

For the Hardware industry and Technology sector, BeiJing StarNeto Technology Co's ROA % distribution charts can be found below:

* The bar in red indicates where BeiJing StarNeto Technology Co's ROA % falls into.


SZSE:002829
66GF Score
BeiJing StarNeto Technology Co Ltd SZSE:002829
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BeiJing StarNeto Technology Co ROA % Calculation

BeiJing StarNeto Technology Co's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=-109.246/( (2667.075+2309.124)/ 2 )
=-109.246/2488.0995
=-4.39 %

BeiJing StarNeto Technology Co's annualized ROA % for the quarter that ended in Jun. 2026 is calculated as:

ROA %=Net Income (Q: Jun. 2026 )/( (Total Assets (Q: Mar. 2026 )+Total Assets (Q: Jun. 2026 ))/ count )
=551.216/( (2231.003+2311.209)/ 2 )
=551.216/2271.106
=24.27 %

* 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 (Jun. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 24.27% mean?
BeiJing StarNeto Technology Co (SZSE:002829) has a ROA % of 24.27% as of Jun. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on BeiJing StarNeto Technology Co and its competitors. This is 589% above median its historical median of 3.52. According to the industry distribution chart, BeiJing StarNeto Technology Co ranks #2005 out of 2502 companies in the Hardware industry, placing it in the top 80.1%.
Is BeiJing StarNeto Technology Co's ROA % too high?
BeiJing StarNeto Technology Co's current ROA % of 24.27% is 589% above median its 10-year median of 3.52. The Hardware industry median ROA % is 2.56. BeiJing StarNeto Technology Co's value of 24.27% is 849.9% above this industry median. Based on the distribution chart, BeiJing StarNeto Technology Co ranks #2005 out of 2502 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, BeiJing StarNeto Technology Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BeiJing StarNeto Technology Co's ROA % compare to COHR and KEYS?
According to the Hardware industry distribution chart, BeiJing StarNeto Technology Co ranks #2005 out of 2502 companies for ROA %. This places BeiJing StarNeto Technology Co in the lower half of its industry. The industry median ROA % is 2.56. BeiJing StarNeto Technology Co's value of 24.27% is 849.9% above this benchmark. While the company's 10-year median is 3.52 vs. the industry median of 2.56, BeiJing StarNeto 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 Hardware company?
The median ROA % among Hardware companies is 2.56, based on 2,502 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. BeiJing StarNeto Technology Co's current ROA % of 24.27% is 849.9% 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 BeiJing StarNeto Technology Co and its competitors. For the Hardware industry, the median ROA % is 2.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BeiJing StarNeto Technology Co's current ROA % is 24.27%, which is 589% above median its own 10-year median of 3.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BeiJing StarNeto Technology Co stock overvalued right now?
Based on GuruFocus' analysis, BeiJing StarNeto Technology Co (SZSE:002829) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥14.13, compared to a current price of ¥19.60 — trading 38.7% above its estimated fair value. The current ROA % is 24.27%, which is 589% above median its 10-year median of 3.52 and 849.9% above the Hardware industry median of 2.56. BeiJing StarNeto Technology Co's overall GF Score™ is 66/100 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 BeiJing StarNeto Technology Co (SZSE:002829), the current ROA % is 24.27% as of Jun. 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 BeiJing StarNeto Technology Co (SZSE:002829) Overvalued in 2026?

Based on GuruFocus' analysis, BeiJing StarNeto Technology Co stock appears to be overvalued. The current stock price of ¥19.60 is trading 38.7% above its estimated GF Value™ of ¥14.13. GuruFocus considers BeiJing StarNeto Technology Co to be Significantly Overvalued.

Key valuation signals for SZSE:002829:

  • ROA %: 24.27% (589% above median its 10-year median of 3.52)
  • GF Value™: ¥14.13 vs. price of ¥19.60 (38.7% above fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 849.9% above the Hardware median (#2005 of 2502)

No single metric tells the full story. See the SZSE:002829 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BeiJing StarNeto Technology Co Business Description

Address No. 6 Kegu 2nd Street, 7th Floor, Building 1, Beijing Economic and Technological Development Zon, Beijing, CHN, 100176
BeiJing StarNeto Technology Co Ltd is focused on inertial technology development and industrial application. The principal business activities include research and development, production and sales of inertial integrated navigation, inertial measurement, inertial stability control products. Its product range includes high precision satellite positioning and orientation products, fiber and laser inertial navigation products, tilt sensors, inertial measurement units, photoelectric pods, photoelectric forensics systems, infrared thermal imagers, smart driving test products and radar products such as wireless communication systems, conventional radar systems and distance measurement radars.
66GF Score

Get the complete analysis for SZSE:002829

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥19.60
Price
¥14.13
GF Value