Shenzhou International Group Holdings (FRA:S6L) Return-on-Tangible-Asset: 9.45% (As of Dec. 2025) — 29% Below Median

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FRA:S6L Shenzhou International Group Holdings Ltd FRA:S6L
77 GF Score
Price €4.58
GF Value €8.61
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Shenzhou International Group Holdings Return-on-Tangible-Asset?

Shenzhou International Group Holdings FRA:S6L -2.13% 77 Return-on-Tangible-Asset is 9.45% as of Dec. 2025, which is 29% below its 10-year median of 13.25. GuruFocus rates FRA:S6L with a GF Score™ of 77/100 and a GF Value™ of €8.61 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,068 Manufacturing - Apparel & Accessories companies, Shenzhou International Group Holdings ranks better than 90.64% 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. Shenzhou International Group Holdings's annualized Net Income for the quarter that ended in Dec. 2025 was €642 Mil. Shenzhou International Group Holdings's average total tangible assets for the quarter that ended in Dec. 2025 was €6,795 Mil. Therefore, Shenzhou International Group Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 9.45%.

The historical rank and industry rank for Shenzhou International Group Holdings's Return-on-Tangible-Asset or its related term are showing as below:

FRA:S6L' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 8.7   Med: 13.25   Max: 17.3
Current: 10.68

During the past 13 years, Shenzhou International Group Holdings's highest Return-on-Tangible-Asset was 17.30%. The lowest was 8.70%. And the median was 13.25%.

FRA:S6L's Return-on-Tangible-Asset is ranked better than
90.64% of 1068 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.02 vs FRA:S6L: 10.68

Shenzhou International Group Holdings  (FRA:S6L) 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.


Shenzhou International Group Holdings Return-on-Tangible-Asset Related Terms


Shenzhou International Group Holdings Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Shenzhou International Group 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.

Shenzhou International Group Holdings Return-on-Tangible-Asset Chart

Shenzhou International Group Holdings 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 8.97 10.58 9.72 12.48 10.26

Shenzhou International Group Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 10.31 12.07 13.21 11.24 9.45

Shenzhou International Group Holdings Return-on-Tangible-Asset Competitor Comparison

For the Textile Manufacturing subindustry, Shenzhou International Group 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.


Shenzhou International Group Holdings Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shenzhou International Group Holdings's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Shenzhou International Group Holdings's Return-on-Tangible-Asset falls into.


FRA:S6L
77GF Score
Shenzhou International Group Holdings Ltd FRA:S6L
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shenzhou International Group Holdings Return-on-Tangible-Asset Calculation

Shenzhou International Group Holdings'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 )
=706.323/( (6912.899+6855.85)/ 2 )
=706.323/6884.3745
=10.26 %

Shenzhou International Group Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=642.252/( (6733.815+6855.85)/ 2 )
=642.252/6794.8325
=9.45 %

* 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 9.45% mean?
Shenzhou International Group Holdings (FRA:S6L) has a Return-on-Tangible-Asset of 9.45% 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 Shenzhou International Group Holdings and its competitors. This is 29% below median its historical median of 13.25. Over the past decade, Shenzhou International Group Holdings' Return-on-Tangible-Asset has ranged from 8.70 to 17.30. According to the industry distribution chart, Shenzhou International Group Holdings ranks #100 out of 1068 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 9.4%.
Is Shenzhou International Group Holdings' Return-on-Tangible-Asset too high?
Shenzhou International Group Holdings' current Return-on-Tangible-Asset of 9.45% is 29% below median its 10-year median of 13.25. Over the past 10 years, this metric has ranged from a low of 8.70 to a high of 17.30. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 2.02. Shenzhou International Group Holdings' value of 9.45% is 367.8% above this industry median. Based on the distribution chart, Shenzhou International Group Holdings ranks #100 out of 1068 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Shenzhou International Group Holdings has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhou International Group Holdings' Return-on-Tangible-Asset compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shenzhou International Group Holdings ranks #100 out of 1068 companies for Return-on-Tangible-Asset. This places Shenzhou International Group Holdings in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.02. Shenzhou International Group Holdings' value of 9.45% is 367.8% above this benchmark. Historically, Shenzhou International Group Holdings' own Return-on-Tangible-Asset has ranged from 8.70 to 17.30 over the past decade. While the company's 10-year median is 13.25 vs. the industry median of 2.02, Shenzhou International Group Holdings 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 Return-on-Tangible-Asset for a Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 2.02, based on 1,068 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. Shenzhou International Group Holdings's current Return-on-Tangible-Asset of 9.45% is 367.8% 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 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 Shenzhou International Group Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhou International Group Holdings's current Return-on-Tangible-Asset is 9.45%, which is 29% below median its own 10-year median of 13.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhou International Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Shenzhou International Group Holdings (FRA:S6L) is currently considered Significantly Undervalued. The stock's GF Value™ is €8.61, compared to a current price of €4.58 — trading 46.8% below its estimated fair value. The current Return-on-Tangible-Asset is 9.45%, which is 29% below median its 10-year median of 13.25 and 367.8% above the Manufacturing - Apparel & Accessories industry median of 2.02. Shenzhou International Group Holdings' overall GF Score™ is 77/100 with 1 warning sign 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 Shenzhou International Group Holdings (FRA:S6L), the current Return-on-Tangible-Asset is 9.45% 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 Shenzhou International Group Holdings (FRA:S6L) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhou International Group Holdings stock appears to be undervalued. The current stock price of €4.58 is trading 46.8% below its estimated GF Value™ of €8.61. GuruFocus considers Shenzhou International Group Holdings to be Significantly Undervalued.

Key valuation signals for FRA:S6L:

  • Return-on-Tangible-Asset: 9.45% (29% below median its 10-year median of 13.25)
  • GF Value™: €8.61 vs. price of €4.58 (46.8% below fair value)
  • GF Score™: 77/100 with 1 warning sign
  • Industry Position: 367.8% above the Manufacturing - Apparel & Accessories median (#100 of 1068)

No single metric tells the full story. See the FRA:S6L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shenzhou International Group Holdings Business Description

Address No. 8 Cheung Yue Street, Unit 2708, 27th Floor, Billion Plaza, Kowloon, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Shenzhou is the largest vertically integrated knitwear manufacturer in the world. The group mainly produces sportswear (69% of 2024 revenue), casual wear (25% of revenue), and lingerie (5% of revenue) for international clients such as Nike, Adidas, Puma, and Uniqlo. Mainland China is its largest market, accounting for 28% of sales in 2024. This is followed by Europe, US, and Japan. Shenzhou currently operates manufacturing plants in China, Cambodia, and Vietnam.
77GF Score

Get the complete analysis for FRA:S6L

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

€4.58
Price
€8.61
GF Value