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Shandong Baogai New Materials Technology CoHKSE:08090 23 Return-on-Tangible-Asset is 15.00% as of Dec. 2025, which is at its 10-year median of 15.00. GuruFocus rates HKSE:08090 with a GF Score™ of 23/100. The stock has 2 warning signs investors should review. Among 415 Building Materials companies, Shandong Baogai New Materials Technology Co ranks better than 92.53% on this metric.
HKSE:08090's Return-on-Tangible-Asset is ranked better than 92.53% of 415
companies
in the Building Materials industry
Industry Median: 2.44
vs HKSE:08090: 15.00
Shandong Baogai New Materials Technology Co (HKSE:08090) 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.
Shandong Baogai New Materials Technology Co Return-on-Tangible-Asset Related Terms
Shandong Baogai New Materials Technology Co 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.
Shandong Baogai New Materials Technology Co Return-on-Tangible-Asset Chart
Shandong Baogai New Materials Technology Co Annual Data
Trend
Dec23
Dec24
Dec25
Return-on-Tangible-Asset
17.39
14.15
15.00
Shandong Baogai New Materials Technology Co Semi-Annual Data
Dec23
Dec24
Dec25
Return-on-Tangible-Asset
17.39
14.15
15.00
HKSE:08090 vs CRH, MLM, VMC: Return-on-Tangible-Asset Comparison
For the Building Materials subindustry, Shandong Baogai New Materials Technology 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.
Shandong Baogai New Materials Technology Co Return-on-Tangible-Asset vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Shandong Baogai New Materials Technology Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Shandong Baogai New Materials Technology Co'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 one times the annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 15.00% mean?
Shandong Baogai New Materials Technology Co (HKSE:08090) has a Return-on-Tangible-Asset of 15.00% 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 Shandong Baogai New Materials Technology Co and its competitors. This is near median its historical median of 15.00. Over the past decade, Shandong Baogai New Materials Technology Co's Return-on-Tangible-Asset has ranged from 14.15 to 17.39. According to the industry distribution chart, Shandong Baogai New Materials Technology Co ranks #31 out of 415 companies in the Building Materials industry, placing it in the top 7.5%.
Is Shandong Baogai New Materials Technology Co's Return-on-Tangible-Asset too high?
Shandong Baogai New Materials Technology Co's current Return-on-Tangible-Asset of 15.00% is near median its 10-year median of 15.00. Over the past 10 years, this metric has ranged from a low of 14.15 to a high of 17.39. The Building Materials industry median Return-on-Tangible-Asset is 2.44. Shandong Baogai New Materials Technology Co's value of 15.00% is 514.8% above this industry median. Based on the distribution chart, Shandong Baogai New Materials Technology Co ranks #31 out of 415 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Shandong Baogai New Materials Technology Co has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Shandong Baogai New Materials Technology Co's Return-on-Tangible-Asset compare to CRH and MLM?
According to the Building Materials industry distribution chart, Shandong Baogai New Materials Technology Co ranks #31 out of 415 companies for Return-on-Tangible-Asset. This places Shandong Baogai New Materials Technology Co in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.44. Shandong Baogai New Materials Technology Co's value of 15.00% is 514.8% above this benchmark. Historically, Shandong Baogai New Materials Technology Co's own Return-on-Tangible-Asset has ranged from 14.15 to 17.39 over the past decade. While the company's 10-year median is 15.00 vs. the industry median of 2.44, Shandong Baogai New Materials Technology Co 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 Building Materials company?
The median Return-on-Tangible-Asset among Building Materials companies is 2.44, based on 415 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. Shandong Baogai New Materials Technology Co's current Return-on-Tangible-Asset of 15.00% is 514.8% 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 Shandong Baogai New Materials Technology Co and its competitors. For the Building Materials industry, the median Return-on-Tangible-Asset is 2.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Baogai New Materials Technology Co's current Return-on-Tangible-Asset is 15.00%, which is near median its own 10-year median of 15.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Baogai New Materials Technology Co stock overvalued right now?
Shandong Baogai New Materials Technology Co (HKSE:08090) has a current Return-on-Tangible-Asset of 15.00%. The current Return-on-Tangible-Asset is 15.00%, which is near median its 10-year median of 15.00 and 514.8% above the Building Materials industry median of 2.44. Shandong Baogai New Materials Technology Co's overall GF Score™ is 23/100 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 Shandong Baogai New Materials Technology Co (HKSE:08090), the current Return-on-Tangible-Asset is 15.00% 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.
Shandong Baogai New Materials Technology Co Ltd is a specialized manufacturer in China's composite trench cover industry, specializing in composite trench cover products for engineering and infrastructure needs. The principal activities of the company are engaged in the R&D, manufacturing, and sales of high-performance glass fiber-reinforced polymer trench covers, including cable trench covers, drainage covers,and manhole covers. The majority of the company's revenue is derived from the sale of cable trench covers and the rest from drainage trench covers, manhole trench covers, and others. Geographically, the maximum revenue is generated from the Chinese Mainland.
23GF Score
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