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The historical rank and industry rank for Shengli Oil & Gas Pipe Holdings's Return-on-Tangible-Asset or its related term are showing as below:
FRA:GSG'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -16.07 Med: -6.17 Max: -2.05
Current: -2.05
During the past 13 years, Shengli Oil & Gas Pipe Holdings's highest Return-on-Tangible-Asset was -2.05%. The lowest was -16.07%. And the median was -6.17%.
FRA:GSG's Return-on-Tangible-Asset is ranked worse than 66.96% of 1038
companies
in the Oil & Gas industry
Industry Median: 2.265
vs FRA:GSG: -2.05
Shengli Oil & Gas Pipe Holdings (FRA:GSG) 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.
Shengli Oil & Gas Pipe Holdings Return-on-Tangible-Asset Related Terms
Shengli Oil & Gas Pipe Holdings Return-on-Tangible-Asset 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.
Shengli Oil & Gas Pipe Holdings Return-on-Tangible-Asset Chart
FRA:GSG vs SLB, BKR, FTI: Return-on-Tangible-Asset Comparison
For the Oil & Gas Equipment & Services subindustry, Shengli Oil & Gas Pipe 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.
Shengli Oil & Gas Pipe Holdings Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Shengli Oil & Gas Pipe Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Shengli Oil & Gas Pipe 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 1.12% mean?
Shengli Oil & Gas Pipe Holdings (FRA:GSG) has a Return-on-Tangible-Asset of 1.12% 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 Shengli Oil & Gas Pipe Holdings and its competitors. According to the industry distribution chart, Shengli Oil & Gas Pipe Holdings ranks #695 out of 1038 companies in the Oil & Gas industry, placing it in the top 67%.
Is Shengli Oil & Gas Pipe Holdings' Return-on-Tangible-Asset too high?
Shengli Oil & Gas Pipe Holdings' current Return-on-Tangible-Asset is 1.12%. The Oil & Gas industry median Return-on-Tangible-Asset is 2.27. Shengli Oil & Gas Pipe Holdings' value of 1.12% is 50.6% below this industry median. Based on the distribution chart, Shengli Oil & Gas Pipe Holdings ranks #695 out of 1038 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Shengli Oil & Gas Pipe Holdings has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Shengli Oil & Gas Pipe Holdings' Return-on-Tangible-Asset compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Shengli Oil & Gas Pipe Holdings ranks #695 out of 1038 companies for Return-on-Tangible-Asset. This places Shengli Oil & Gas Pipe Holdings in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.27. Shengli Oil & Gas Pipe Holdings' value of 1.12% is 50.6% below this benchmark. 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 an Oil & Gas company?
The median Return-on-Tangible-Asset among Oil & Gas companies is 2.27, based on 1,038 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. Shengli Oil & Gas Pipe Holdings's current Return-on-Tangible-Asset of 1.12% is 50.6% 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 Shengli Oil & Gas Pipe Holdings and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shengli Oil & Gas Pipe Holdings's current Return-on-Tangible-Asset is 1.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shengli Oil & Gas Pipe Holdings stock overvalued right now?
Shengli Oil & Gas Pipe Holdings (FRA:GSG) has a current Return-on-Tangible-Asset of 1.12%. The stock's GF Value™ is €0.01, compared to a current price of €0.01 — trading 50% below its estimated fair value. The current Return-on-Tangible-Asset is 1.12% and 50.6% below the Oil & Gas industry median of 2.27. Shengli Oil & Gas Pipe Holdings' overall GF Score™ is 40/100 with 2 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 Shengli Oil & Gas Pipe Holdings (FRA:GSG), the current Return-on-Tangible-Asset is 1.12% 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 Shengli Oil & Gas Pipe Holdings (FRA:GSG) Overvalued in 2026?
Based on GuruFocus' analysis, Shengli Oil & Gas Pipe Holdings stock appears to be undervalued.
The current stock price of €0.01 is trading 50% below its estimated GF Value™ of €0.01.
Key valuation signals for FRA:GSG:
Return-on-Tangible-Asset: 1.12%
GF Value™: €0.01 vs. price of €0.01 (50% below fair value)
Industry Position: 50.6% below the Oil & Gas median (#695 of 1038)
No single metric tells the full story. See the FRA:GSG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shengli Oil & Gas Pipe Holdings Ltd is an oil and gas pipe manufacturer in China. It focuses on the design, manufacturing, value-added processing, and servicing of submerged-arc helical welded pipes (SAWH pipes) and submerged-arc longitudinal welded pipes (SAWL pipes), that are used to transport crude oil, refined petroleum products, natural gas, and other related products. It operates two reportable segments which comprise the pipes business and trading business. The majority of the revenue is derived from the pipes business segment that involves the production of submerged-arc helical welded pipes and submerged-arc longitudinal welded pipes which are mainly used for the oil and infrastructure industry. Geographically it derives revenue from Mainland China and Hong Kong.
40GF Score
Get the complete analysis for FRA:GSG
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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