CSSC Offshore & Marine Engineering (Group) Co (FRA:GSZ) Return-on-Tangible-Asset: 2.93% (As of Mar. 2026) — 523% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:GSZ CSSC Offshore & Marine Engineering (Group) Co Ltd FRA:GSZ
65 GF Score
Price €1.45
GF Value €1.98
! 3 Warning Signs
View Full Analysis

What is CSSC Offshore & Marine Engineering (Group) Co Return-on-Tangible-Asset?

CSSC Offshore & Marine Engineering (Group) Co FRA:GSZ 65 Return-on-Tangible-Asset is 2.93% as of Mar. 2026, which is 523% above its 10-year median of 0.47. GuruFocus rates FRA:GSZ with a GF Score™ of 65/100 and a GF Value™ of €1.98. The stock has 3 warning signs investors should review. Among 359 Aerospace & Defense companies, CSSC Offshore & Marine Engineering (Group) Co ranks worse than 52.65% on this metric.

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. CSSC Offshore & Marine Engineering (Group) Co's annualized Net Income for the quarter that ended in Mar. 2026 was €199 Mil. CSSC Offshore & Marine Engineering (Group) Co's average total tangible assets for the quarter that ended in Mar. 2026 was €6,779 Mil. Therefore, CSSC Offshore & Marine Engineering (Group) Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.93%.

The historical rank and industry rank for CSSC Offshore & Marine Engineering (Group) Co's Return-on-Tangible-Asset or its related term are showing as below:

FRA:GSZ' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.13   Med: 0.47   Max: 8.31
Current: 2.22

During the past 13 years, CSSC Offshore & Marine Engineering (Group) Co's highest Return-on-Tangible-Asset was 8.31%. The lowest was -4.13%. And the median was 0.47%.

FRA:GSZ's Return-on-Tangible-Asset is ranked worse than
52.65% of 359 companies
in the Aerospace & Defense industry
Industry Median: 3.05 vs FRA:GSZ: 2.22

CSSC Offshore & Marine Engineering (Group) Co  (FRA:GSZ) 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 company’s 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 company’s 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.


CSSC Offshore & Marine Engineering (Group) Co Return-on-Tangible-Asset Related Terms


CSSC Offshore & Marine Engineering (Group) Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for CSSC Offshore & Marine Engineering (Group) Co'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.

CSSC Offshore & Marine Engineering (Group) Co Return-on-Tangible-Asset Chart

CSSC Offshore & Marine Engineering (Group) Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 1.53 0.10 0.74 1.80

CSSC Offshore & Marine Engineering (Group) Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.37 2.43 0.93 2.58 2.93

FRA:GSZ vs SPCX, GE, RTX: Return-on-Tangible-Asset Comparison

For the Aerospace & Defense subindustry, CSSC Offshore & Marine Engineering (Group) Co'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.


CSSC Offshore & Marine Engineering (Group) Co Return-on-Tangible-Asset vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, CSSC Offshore & Marine Engineering (Group) Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where CSSC Offshore & Marine Engineering (Group) Co's Return-on-Tangible-Asset falls into.


FRA:GSZ
65GF Score
CSSC Offshore & Marine Engineering (Group) Co Ltd FRA:GSZ
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CSSC Offshore & Marine Engineering (Group) Co Return-on-Tangible-Asset Calculation

CSSC Offshore & Marine Engineering (Group) Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=122.254/( (6908.786+6682.536)/ 2 )
=122.254/6795.661
=1.80 %

CSSC Offshore & Marine Engineering (Group) Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=198.88/( (6682.536+6874.58)/ 2 )
=198.88/6778.558
=2.93 %

* 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 four times the quarterly (Mar. 2026) net income data.

What does a Return-on-Tangible-Asset of 2.93% mean?
CSSC Offshore & Marine Engineering (Group) Co (FRA:GSZ) has a Return-on-Tangible-Asset of 2.93% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on CSSC Offshore & Marine Engineering (Group) Co and its competitors. This is 523% above median its historical median of 0.47. According to the industry distribution chart, CSSC Offshore & Marine Engineering (Group) Co ranks #189 out of 359 companies in the Aerospace & Defense industry, placing it in the top 52.6%.
Is CSSC Offshore & Marine Engineering (Group) Co's Return-on-Tangible-Asset too high?
CSSC Offshore & Marine Engineering (Group) Co's current Return-on-Tangible-Asset of 2.93% is 523% above median its 10-year median of 0.47. The Aerospace & Defense industry median Return-on-Tangible-Asset is 3.05. CSSC Offshore & Marine Engineering (Group) Co's value of 2.93% is 3.9% below this industry median. Based on the distribution chart, CSSC Offshore & Marine Engineering (Group) Co ranks #189 out of 359 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, CSSC Offshore & Marine Engineering (Group) Co has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does CSSC Offshore & Marine Engineering (Group) Co's Return-on-Tangible-Asset compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, CSSC Offshore & Marine Engineering (Group) Co ranks #189 out of 359 companies for Return-on-Tangible-Asset. This places CSSC Offshore & Marine Engineering (Group) Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.05. CSSC Offshore & Marine Engineering (Group) Co's value of 2.93% is 3.9% below this benchmark. While the company's 10-year median is 0.47 vs. the industry median of 3.05, CSSC Offshore & Marine Engineering (Group) Co 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 an Aerospace & Defense company?
The median Return-on-Tangible-Asset among Aerospace & Defense companies is 3.05, based on 359 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. CSSC Offshore & Marine Engineering (Group) Co's current Return-on-Tangible-Asset of 2.93% is 3.9% 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 CSSC Offshore & Marine Engineering (Group) Co and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Asset is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CSSC Offshore & Marine Engineering (Group) Co's current Return-on-Tangible-Asset is 2.93%, which is 523% above median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CSSC Offshore & Marine Engineering (Group) Co stock overvalued right now?
CSSC Offshore & Marine Engineering (Group) Co (FRA:GSZ) has a current Return-on-Tangible-Asset of 2.93%. The stock's GF Value™ is €1.98, compared to a current price of €1.45 — trading 26.8% below its estimated fair value. The current Return-on-Tangible-Asset is 2.93%, which is 523% above median its 10-year median of 0.47 and 3.9% below the Aerospace & Defense industry median of 3.05. CSSC Offshore & Marine Engineering (Group) Co's overall GF Score™ is 65/100 with 3 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 CSSC Offshore & Marine Engineering (Group) Co (FRA:GSZ), the current Return-on-Tangible-Asset is 2.93% 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.

Is CSSC Offshore & Marine Engineering (Group) Co (FRA:GSZ) Overvalued in 2026?

Based on GuruFocus' analysis, CSSC Offshore & Marine Engineering (Group) Co stock appears to be undervalued. The current stock price of €1.45 is trading 26.8% below its estimated GF Value™ of €1.98.

Key valuation signals for FRA:GSZ:

  • Return-on-Tangible-Asset: 2.93% (523% above median its 10-year median of 0.47)
  • GF Value™: €1.98 vs. price of €1.45 (26.8% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 3.9% below the Aerospace & Defense median (#189 of 359)

No single metric tells the full story. See the FRA:GSZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CSSC Offshore & Marine Engineering (Group) Co Business Description

Other Exchanges 00317:Hong Kong600685:China
Address No. 10, Jibaosha North Road, Nansha District, Guangzhou, CHN, 510250
CSSC Offshore & Marine Engineering (Group) Co Ltd manufactures military and civil ships and conducts off-shore engineering. The functions of the boats have a wide range, including military, patrol, rescue, and transportation. Multiple subsidiaries allow the company to produce multiple ships and supply customized maintenance for clients. The company operates through the following business segments: Shipbuilding and related business which generates key revenue, Steel Structure engineering, Ship maintenance, and others.
65GF Score

Get the complete analysis for FRA:GSZ

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.45
Price
€1.98
GF Value