Ningbo United Group Co

Ningbo United Group Co ROA

The Return on Assets (ROA) of Ningbo United Group Co (600051.SS) as of Nov 5, 2026 is 1.88 %. In the previous year, Return on Assets (ROA) was 1.56 % — a change of 20.44% (higher).

ROA

1.88 %

YoY

20.44%

Last updated:

In 2025, Ningbo United Group Co's return on assets (ROA) was 1.88 %, a 20.44% increase from the 1.56 % ROA in the previous year.

The Ningbo United Group Co ROA history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROA
Date
ROA
Jan 1, 2018
3.76 CNY
Jan 1, 2019
4.03 CNY
Jan 1, 2020
4.88 CNY
Jan 1, 2021
4.08 CNY
Jan 1, 2022
2.34 CNY
Jan 1, 2023
1.91 CNY
Jan 1, 2024
1.56 CNY
Jan 1, 2025
1.88 CNY
The Ningbo United Group Co ROA history
YEARROAYoY
1.88 %+20.44%
1.56 %-18.66%
1.91 %-18.15%
2.34 %-42.72%
4.08 %-16.32%
4.88 %+21.19%
4.03 %+7.09%
3.76 %-46.96%
7.09 %+288.88%
1.82 %+16.12%
1.57 %+5.37%
1.49 %—

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Ningbo United Group Co Stock analysis

What does Ningbo United Group Co do? Ningbo United Group Co Ltd is a Chinese company that was founded in 1998. It is headquartered in Ningbo, a coastal city in the eastern Chinese province of Zhejiang. Ningbo United Group is a significant manufacturer of metal parts, electrical and electronic components, automotive parts, as well as household and kitchen products. The company's business model is based on comprehensive internal control of the production chain, from raw material extraction to processing, logistics, and distribution. The goal is to offer customers the highest quality at a competitive price while ensuring continuous improvement in product quality and internal processes. The company employs over 7,000 employees and operates in more than 20 countries worldwide, covering over 100 regions and cities. Ningbo United Group has a strong presence in the electrical and electronic, automotive, household, and kitchen industries. Key business areas of Ningbo United Group include the production of electrical and electronic components used in various applications including connectors, cables, switches, transformers, batteries, and chargers. These products are primarily used in the automotive industry, telecommunications, robotics, aerospace, and military applications. Another important business area is the manufacturing of automotive parts, including brakes, suspensions, drivetrains, and transmissions. Ningbo United Group also produces engine parts, airbags, and interior parts. The company is a leading manufacturer of automotive parts in China and is currently expanding its production and distribution overseas. In the field of household and kitchen products, Ningbo United Group produces tea pots, coffee and tea machines, and kitchen appliances. The company aims to bring these products to market under its own brand name. In recent years, Ningbo United Group has also focused on the development of renewable energy-based energy products, such as batteries for electric vehicles and solar modules. Overall, Ningbo United Group is a versatile company operating in various industries. The company strives to produce and sell its products at the highest quality level while pursuing a sustainable growth strategy. With its comprehensive expertise, top-notch production, and a constant pursuit of innovation and improvement, the company has laid a strong foundation for future growth and success. Ningbo United Group Co is one of the most popular companies on Eulerpool.

ROA Details

Understanding Ningbo United Group Co's Return on Assets (ROA)

Ningbo United Group Co's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Ningbo United Group Co's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Ningbo United Group Co's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Ningbo United Group Co’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Ningbo United Group Co stock

Return on Assets (ROA) of Ningbo United Group Co is 1.88 % in 2025.

Return on Assets (ROA) of Ningbo United Group Co changed from 1.56 % to 1.88 %, representing a 20.44% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Return on Assets (ROA) Ningbo United Group Co since 2006 – with annual values, charts, and detailed analysis.

Return on Assets, also known as ROA, is a financial metric used to measure a company's profitability. It is used to determine how effectively a company uses its assets to generate profits. It is also referred to as the ratio of net income to total assets. ROA is an important indicator of a company's overall financial performance as it measures the company's ability to generate more profit from the assets it employs.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Assets (ROA)'s Ningbo United Group Co with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Assets (ROA)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Assets (ROA).

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Profitability — Ningbo United Group Co

All Key Metrics — Ningbo United Group Co