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Zhejiang EV-Tech CoSZSE:301607 +0.97%41 ROA % is 7.85% as of Mar. 2026, which is 29% above its 10-year median of 6.07. GuruFocus rates SZSE:301607 with a GF Score™ of 41/100. The stock has 3 warning signs investors should review. Among 1,333 Vehicles & Parts companies, Zhejiang EV-Tech Co ranks better than 81.77% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Zhejiang EV-Tech Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥308 Mil.
Zhejiang EV-Tech Co's average Total Assets over the quarter that ended in Mar. 2026 was ¥3,919 Mil. Therefore, Zhejiang EV-Tech Co's annualized ROA % for the quarter that ended in Mar. 2026 was 7.85%.
The historical rank and industry rank for Zhejiang EV-Tech Co's ROA % or its related term are showing as below:
SZSE:301607'
s ROA % Range Over the Past 10 Years
Min: -19.76 Med: 6.07 Max: 8.1
Current: 8.1
During the past 7 years, Zhejiang EV-Tech Co's highest ROA % was 8.10%. The lowest was -19.76%. And the median was 6.07%.
SZSE:301607's ROA % is ranked better than 81.77% of 1333
companies
in the Vehicles & Parts industry
Industry Median: 3.15
vs SZSE:301607: 8.10
Zhejiang EV-Tech Co (SZSE:301607) 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.
Zhejiang EV-Tech Co ROA % Related Terms
Zhejiang EV-Tech Co ROA % Historical Data
* Premium members only.
The historical data trend for Zhejiang EV-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 Auto Manufacturers subindustry, Zhejiang EV-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.
Zhejiang EV-Tech Co ROA % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang EV-Tech Co's ROA % distribution charts can be found below:
* The bar in red indicates where Zhejiang EV-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.
Zhejiang EV-Tech Co (SZSE:301607) has a ROA % of 7.85% 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 Zhejiang EV-Tech Co and its competitors. This is 29% above median its historical median of 6.07. According to the industry distribution chart, Zhejiang EV-Tech Co ranks #243 out of 1333 companies in the Vehicles & Parts industry, placing it in the top 18.2%.
Is Zhejiang EV-Tech Co's ROA % too high?
Zhejiang EV-Tech Co's current ROA % of 7.85% is 29% above median its 10-year median of 6.07. The Vehicles & Parts industry median ROA % is 3.15. Zhejiang EV-Tech Co's value of 7.85% is 149.2% above this industry median. Based on the distribution chart, Zhejiang EV-Tech Co ranks #243 out of 1333 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang EV-Tech Co has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Zhejiang EV-Tech Co's ROA % compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Zhejiang EV-Tech Co ranks #243 out of 1333 companies for ROA %. This places Zhejiang EV-Tech Co in the top 18% of its industry — outperforming the majority of peers. The industry median ROA % is 3.15. Zhejiang EV-Tech Co's value of 7.85% is 149.2% above this benchmark. While the company's 10-year median is 6.07 vs. the industry median of 3.15, Zhejiang EV-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 Vehicles & Parts company?
The median ROA % among Vehicles & Parts companies is 3.15, based on 1,333 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. Zhejiang EV-Tech Co's current ROA % of 7.85% is 149.2% 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 Zhejiang EV-Tech Co and its competitors. For the Vehicles & Parts industry, the median ROA % is 3.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang EV-Tech Co's current ROA % is 7.85%, which is 29% above median its own 10-year median of 6.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang EV-Tech Co stock overvalued right now?
Zhejiang EV-Tech Co (SZSE:301607) has a current ROA % of 7.85%. The current ROA % is 7.85%, which is 29% above median its 10-year median of 6.07 and 149.2% above the Vehicles & Parts industry median of 3.15. Zhejiang EV-Tech Co's overall GF Score™ is 41/100 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 Zhejiang EV-Tech Co (SZSE:301607), the current ROA % is 7.85% 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.
Zhejiang EV-Tech Co Ltd is a national high-tech enterprise focusing on core components of new energy vehicles, and the main supplier of on-board chargers and on-board DC/DC converters for new energy vehicles. Its production base is located in Anji County, Huzhou City, and its R&D center lies in West Lake District, Hangzhou City.
41GF Score
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