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Focus Lightings Tech CoSZSE:300708 +0.12%82 ROA % is 3.58% as of Jun. 2026, which is 1% above its 10-year median of 3.53. GuruFocus rates SZSE:300708 with a GF Score™ of 82/100 and a GF Value™ of ¥6.82 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,030 Semiconductors companies, Focus Lightings Tech Co ranks better than 52.33% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Focus Lightings Tech Co's annualizedNet Income for the quarter that ended in Jun. 2026 was ¥190 Mil.
Focus Lightings Tech Co's average Total Assets over the quarter that ended in Jun. 2026 was ¥5,297 Mil. Therefore, Focus Lightings Tech Co's annualized ROA % for the quarter that ended in Jun. 2026 was 3.58%.
The historical rank and industry rank for Focus Lightings Tech Co's ROA % or its related term are showing as below:
SZSE:300708'
s ROA % Range Over the Past 10 Years
Min: -1.9 Med: 3.53 Max: 9.32
Current: 3.21
During the past 13 years, Focus Lightings Tech Co's highest ROA % was 9.32%. The lowest was -1.90%. And the median was 3.53%.
SZSE:300708's ROA % is ranked better than 52.33% of 1030
companies
in the Semiconductors industry
Industry Median: 2.73
vs SZSE:300708: 3.21
Focus Lightings Tech Co (SZSE:300708) 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 (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.
* 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 Semiconductors subindustry, Focus Lightings 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.
Focus Lightings Tech Co ROA % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Focus Lightings Tech Co's ROA % distribution charts can be found below:
* The bar in red indicates where Focus Lightings 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 (Jun. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Focus Lightings Tech Co (SZSE:300708) has a ROA % of 3.58% 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 Focus Lightings Tech Co and its competitors. This is near median its historical median of 3.53. According to the industry distribution chart, Focus Lightings Tech Co ranks #491 out of 1030 companies in the Semiconductors industry, placing it in the top 47.7%.
Is Focus Lightings Tech Co's ROA % too high?
Focus Lightings Tech Co's current ROA % of 3.58% is near median its 10-year median of 3.53. The Semiconductors industry median ROA % is 2.73. Focus Lightings Tech Co's value of 3.58% is 31.1% above this industry median. Based on the distribution chart, Focus Lightings Tech Co ranks #491 out of 1030 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Focus Lightings Tech Co has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Focus Lightings Tech Co's ROA % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Focus Lightings Tech Co ranks #491 out of 1030 companies for ROA %. This puts Focus Lightings Tech Co in the upper half of its industry. The industry median ROA % is 2.73. Focus Lightings Tech Co's value of 3.58% is 31.1% above this benchmark. While the company's 10-year median is 3.53 vs. the industry median of 2.73, Focus Lightings 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 Semiconductors company?
The median ROA % among Semiconductors companies is 2.73, based on 1,030 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. Focus Lightings Tech Co's current ROA % of 3.58% is 31.1% 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 Focus Lightings Tech Co and its competitors. For the Semiconductors industry, the median ROA % is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Focus Lightings Tech Co's current ROA % is 3.58%, which is near median its own 10-year median of 3.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Focus Lightings Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Focus Lightings Tech Co (SZSE:300708) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥6.82, compared to a current price of ¥8.28 — trading 21.4% above its estimated fair value. The current ROA % is 3.58%, which is near median its 10-year median of 3.53 and 31.1% above the Semiconductors industry median of 2.73. Focus Lightings Tech Co's overall GF Score™ is 82/100 with 9 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 Focus Lightings Tech Co (SZSE:300708), the current ROA % is 3.58% 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 Focus Lightings Tech Co (SZSE:300708) Overvalued in 2026?
Based on GuruFocus' analysis, Focus Lightings Tech Co stock appears to be overvalued.
The current stock price of ¥8.28 is trading 21.4% above its estimated GF Value™ of ¥6.82.
GuruFocus considers Focus Lightings Tech Co to be Modestly Overvalued.
Key valuation signals for SZSE:300708:
ROA %: 3.58% (near median its 10-year median of 3.53)
GF Value™: ¥6.82 vs. price of ¥8.28 (21.4% above fair value)
Industry Position: 31.1% above the Semiconductors median (#491 of 1030)
No single metric tells the full story. See the SZSE:300708 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Focus Lightings Tech Co Ltd engages in the research, development, production and sales of LED epitaxial wafers and chips, and provides contract energy management services centered around LED lighting applications.
82GF Score
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