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Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Shougang Century Holdings's annualizedNet Income for the quarter that ended in Dec. 2025 was €5.4 Mil. Shougang Century Holdings's average total tangible assets for the quarter that ended in Dec. 2025 was €401.5 Mil. Therefore, Shougang Century Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 1.34%.
The historical rank and industry rank for Shougang Century Holdings's Return-on-Tangible-Asset or its related term are showing as below:
FRA:CW70'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.11 Med: 1.46 Max: 4.73
Current: 1.53
During the past 13 years, Shougang Century Holdings's highest Return-on-Tangible-Asset was 4.73%. The lowest was -2.11%. And the median was 1.46%.
FRA:CW70's Return-on-Tangible-Asset is ranked worse than 54.82% of 633
companies
in the Steel industry
Industry Median: 2.24
vs FRA:CW70: 1.53
Shougang Century Holdings (FRA:CW70) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset 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 Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Shougang Century Holdings Return-on-Tangible-Asset Related Terms
Shougang Century Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Shougang Century Holdings's Return-on-Tangible-Asset 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.
Shougang Century Holdings Return-on-Tangible-Asset Chart
FRA:CW70 vs NUE, STLD, RS: Return-on-Tangible-Asset Comparison
For the Steel subindustry, Shougang Century Holdings's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Shougang Century Holdings Return-on-Tangible-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Shougang Century Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Shougang Century Holdings's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 1.34% mean?
Shougang Century Holdings (FRA:CW70) has a Return-on-Tangible-Asset of 1.34% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Shougang Century Holdings and its competitors. This is near median its historical median of 1.46. According to the industry distribution chart, Shougang Century Holdings ranks #347 out of 633 companies in the Steel industry, placing it in the top 54.8%.
Is Shougang Century Holdings' Return-on-Tangible-Asset too high?
Shougang Century Holdings' current Return-on-Tangible-Asset of 1.34% is near median its 10-year median of 1.46. The Steel industry median Return-on-Tangible-Asset is 2.24. Shougang Century Holdings' value of 1.34% is 40.2% below this industry median. Based on the distribution chart, Shougang Century Holdings ranks #347 out of 633 companies in the Steel industry, which is below the industry midpoint. Overall, Shougang Century Holdings has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Shougang Century Holdings' Return-on-Tangible-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Shougang Century Holdings ranks #347 out of 633 companies for Return-on-Tangible-Asset. This places Shougang Century Holdings in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.24. Shougang Century Holdings' value of 1.34% is 40.2% below this benchmark. While the company's 10-year median is 1.46 vs. the industry median of 2.24, Shougang Century Holdings 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 Return-on-Tangible-Asset for a Steel company?
The median Return-on-Tangible-Asset among Steel companies is 2.24, based on 633 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shougang Century Holdings's current Return-on-Tangible-Asset of 1.34% is 40.2% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Shougang Century Holdings and its competitors. For the Steel industry, the median Return-on-Tangible-Asset is 2.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shougang Century Holdings's current Return-on-Tangible-Asset is 1.34%, which is near median its own 10-year median of 1.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shougang Century Holdings stock overvalued right now?
Shougang Century Holdings (FRA:CW70) has a current Return-on-Tangible-Asset of 1.34%. The stock's GF Value™ is €0.11, compared to a current price of €0.19 — trading 74.5% above its estimated fair value. The current Return-on-Tangible-Asset is 1.34%, which is near median its 10-year median of 1.46 and 40.2% below the Steel industry median of 2.24. Shougang Century Holdings' overall GF Score™ is 61/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Shougang Century Holdings (FRA:CW70), the current Return-on-Tangible-Asset is 1.34% as of Dec. 2025. 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 Shougang Century Holdings (FRA:CW70) Overvalued in 2026?
Based on GuruFocus' analysis, Shougang Century Holdings stock appears to be overvalued.
The current stock price of €0.19 is trading 74.5% above its estimated GF Value™ of €0.11.
Key valuation signals for FRA:CW70:
Return-on-Tangible-Asset: 1.34% (near median its 10-year median of 1.46)
GF Value™: €0.11 vs. price of €0.19 (74.5% above fair value)
Industry Position: 40.2% below the Steel median (#347 of 633)
No single metric tells the full story. See the FRA:CW70 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shougang Century Holdings Ltd, along with its subsidiaries, is engaged in the manufacturing and sales of steel cords for radial tyres, sawing wires, and hose wires. The steel cords are specifically used in radial tires. The company generates the majority of its revenue from the steel cord business in China. The Group's operations are currently organized into one reportable segment: steel cord.
61GF Score
Get the complete analysis for FRA:CW70
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