Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Guangdong Tianhe Agricultural Means Of Production Co (SZSE:002999) 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.
Guangdong Tianhe Agricultural Means Of Production Co ROA % Related Terms
Guangdong Tianhe Agricultural Means Of Production 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.
Guangdong Tianhe Agricultural Means Of Production Co ROA % Chart
Guangdong Tianhe Agricultural Means Of Production Co Annual Data
* 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.
Guangdong Tianhe Agricultural Means Of Production Co ROA % vs Agriculture 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.
Guangdong Tianhe Agricultural Means Of Production Co (SZSE:002999) has a ROA % of 0.38% 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 Guangdong Tianhe Agricultural Means Of Production Co and its competitors. This is 78% below median its historical median of 1.76. Over the past decade, Guangdong Tianhe Agricultural Means Of Production Co's ROA % has ranged from 0.29 to 3.27. According to the industry distribution chart, Guangdong Tianhe Agricultural Means Of Production Co ranks #184 out of 260 companies in the Agriculture industry, placing it in the top 70.8%.
Is Guangdong Tianhe Agricultural Means Of Production Co's ROA % too high?
Guangdong Tianhe Agricultural Means Of Production Co's current ROA % of 0.38% is 78% below median its 10-year median of 1.76. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 3.27. The Agriculture industry median ROA % is 3.26. Guangdong Tianhe Agricultural Means Of Production Co's value of 0.38% is 88.3% below this industry median. Based on the distribution chart, Guangdong Tianhe Agricultural Means Of Production Co ranks #184 out of 260 companies in the Agriculture industry, which is below the industry midpoint. Overall, Guangdong Tianhe Agricultural Means Of Production Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Guangdong Tianhe Agricultural Means Of Production Co's ROA % compare to CTVA and CF?
According to the Agriculture industry distribution chart, Guangdong Tianhe Agricultural Means Of Production Co ranks #184 out of 260 companies for ROA %. This places Guangdong Tianhe Agricultural Means Of Production Co in the lower half of its industry. The industry median ROA % is 3.26. Guangdong Tianhe Agricultural Means Of Production Co's value of 0.38% is 88.3% below this benchmark. Historically, Guangdong Tianhe Agricultural Means Of Production Co's own ROA % has ranged from 0.29 to 3.27 over the past decade. While the company's 10-year median is 1.76 vs. the industry median of 3.26, Guangdong Tianhe Agricultural Means Of Production 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 an Agriculture company?
The median ROA % among Agriculture companies is 3.26, based on 260 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. Guangdong Tianhe Agricultural Means Of Production Co's current ROA % of 0.38% is 88.3% 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 Guangdong Tianhe Agricultural Means Of Production Co and its competitors. For the Agriculture industry, the median ROA % is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guangdong Tianhe Agricultural Means Of Production Co's current ROA % is 0.38%, which is 78% below median its own 10-year median of 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangdong Tianhe Agricultural Means Of Production Co stock overvalued right now?
Based on GuruFocus' analysis, Guangdong Tianhe Agricultural Means Of Production Co (SZSE:002999) is currently considered Fairly Valued. The stock's GF Value™ is ¥6.20, compared to a current price of ¥5.99 — trading 3.4% below its estimated fair value. The current ROA % is 0.38%, which is 78% below median its 10-year median of 1.76 and 88.3% below the Agriculture industry median of 3.26. Guangdong Tianhe Agricultural Means Of Production Co's overall GF Score™ is 71/100 with 6 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 Guangdong Tianhe Agricultural Means Of Production Co (SZSE:002999), the current ROA % is 0.38% 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 Guangdong Tianhe Agricultural Means Of Production Co (SZSE:002999) Overvalued in 2026?
Based on GuruFocus' analysis, Guangdong Tianhe Agricultural Means Of Production Co stock appears to be undervalued.
The current stock price of ¥5.99 is trading 3.4% below its estimated GF Value™ of ¥6.20.
GuruFocus considers Guangdong Tianhe Agricultural Means Of Production Co to be Fairly Valued.
Key valuation signals for SZSE:002999:
ROA %: 0.38% (78% below median its 10-year median of 1.76)
GF Value™: ¥6.20 vs. price of ¥5.99 (3.4% below fair value)
Industry Position: 88.3% below the Agriculture median (#184 of 260)
No single metric tells the full story. See the SZSE:002999 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Guangdong Tianhe Agricultural Means Of Production Co Ltd is engaged in sales of fertilizers, pesticides and other agricultural products and provide professional agricultural technology services. The company mainly sells nitrogen fertilizer and potash fertilizer to wholesale customers and industrial customers.
71GF Score
Get the complete analysis for SZSE:002999
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SZSE:002999 has been successfully added to your 
