Shenglong Splendecor International (HKSE:08481) Return-on-Tangible-Asset: -2.03% (As of Jun. 2026)

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HKSE:08481 Shenglong Splendecor International Ltd HKSE:08481
63 GF Score
Price HK$0.26
GF Value HK$0.48
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Shenglong Splendecor International Return-on-Tangible-Asset?

Shenglong Splendecor International HKSE:08481 -3.70% 63 Return-on-Tangible-Asset is -2.03% as of Jun. 2026. GuruFocus rates HKSE:08481 with a GF Score™ of 63/100 and a GF Value™ of HK$0.48 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 284 Forest Products companies, Shenglong Splendecor International ranks better than 79.23% 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. Shenglong Splendecor International's annualized Net Income for the quarter that ended in Jun. 2026 was HK$-24.3 Mil. Shenglong Splendecor International's average total tangible assets for the quarter that ended in Jun. 2026 was HK$1,198.2 Mil. Therefore, Shenglong Splendecor International's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was -2.03%.

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

HKSE:08481' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.14   Med: 4.23   Max: 8.38
Current: 4.43

During the past 12 years, Shenglong Splendecor International's highest Return-on-Tangible-Asset was 8.38%. The lowest was 2.14%. And the median was 4.23%.

HKSE:08481's Return-on-Tangible-Asset is ranked better than
79.23% of 284 companies
in the Forest Products industry
Industry Median: 1.135 vs HKSE:08481: 4.43

Shenglong Splendecor International  (HKSE:08481) 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.


Shenglong Splendecor International Return-on-Tangible-Asset Related Terms


Shenglong Splendecor International Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Shenglong Splendecor International'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.

Shenglong Splendecor International Return-on-Tangible-Asset Chart

Shenglong Splendecor International 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 2.78 2.14 4.76 6.57 8.38

Shenglong Splendecor International Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 4.68 9.09 4.86 11.65 -2.03

Shenglong Splendecor International Return-on-Tangible-Asset Competitor Comparison

For the Paper & Paper Products subindustry, Shenglong Splendecor International'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.


Shenglong Splendecor International Return-on-Tangible-Asset vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Shenglong Splendecor International's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Shenglong Splendecor International's Return-on-Tangible-Asset falls into.


HKSE:08481
63GF Score
Shenglong Splendecor International Ltd HKSE:08481
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shenglong Splendecor International Return-on-Tangible-Asset Calculation

Shenglong Splendecor International'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 )
=83.791/( (837.363+1161.48)/ 2 )
=83.791/999.4215
=8.38 %

Shenglong Splendecor International's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Dec. 2025 )(Q: Jun. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Dec. 2025 )(Q: Jun. 2026 )
=-24.33/( (1161.48+1234.839)/ 2 )
=-24.33/1198.1595
=-2.03 %

* 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 (Jun. 2026) net income data.

What does a Return-on-Tangible-Asset of -2.03% mean?
Shenglong Splendecor International (HKSE:08481) has a Return-on-Tangible-Asset of -2.03% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Shenglong Splendecor International and its competitors. Over the past decade, Shenglong Splendecor International's Return-on-Tangible-Asset has ranged from 2.14 to 8.38. According to the industry distribution chart, Shenglong Splendecor International ranks #59 out of 284 companies in the Forest Products industry, placing it in the top 20.8%.
Is Shenglong Splendecor International's Return-on-Tangible-Asset too high?
Shenglong Splendecor International's current Return-on-Tangible-Asset is -2.03%. Over the past 10 years, this metric has ranged from a low of 2.14 to a high of 8.38. Based on the distribution chart, Shenglong Splendecor International ranks #59 out of 284 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shenglong Splendecor International has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shenglong Splendecor International's Return-on-Tangible-Asset compare to competitors?
According to the Forest Products industry distribution chart, Shenglong Splendecor International ranks #59 out of 284 companies for Return-on-Tangible-Asset. This places Shenglong Splendecor International in the top 21% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.14. Historically, Shenglong Splendecor International's own Return-on-Tangible-Asset has ranged from 2.14 to 8.38 over the past decade. 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 Forest Products company?
The median Return-on-Tangible-Asset among Forest Products companies is 1.14, based on 284 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. 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 Shenglong Splendecor International and its competitors. For the Forest Products industry, the median Return-on-Tangible-Asset is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenglong Splendecor International's current Return-on-Tangible-Asset is -2.03%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenglong Splendecor International stock overvalued right now?
Based on GuruFocus' analysis, Shenglong Splendecor International (HKSE:08481) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.48, compared to a current price of HK$0.26 — trading 45.8% below its estimated fair value. The current Return-on-Tangible-Asset is -2.03%. Shenglong Splendecor International's overall GF Score™ is 63/100 with 4 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 Shenglong Splendecor International (HKSE:08481), the current Return-on-Tangible-Asset is -2.03% as of Jun. 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 Shenglong Splendecor International (HKSE:08481) Overvalued in 2026?

Based on GuruFocus' analysis, Shenglong Splendecor International stock appears to be undervalued. The current stock price of HK$0.26 is trading 45.8% below its estimated GF Value™ of HK$0.48. GuruFocus considers Shenglong Splendecor International to be Possible Value Trap.

Key valuation signals for HKSE:08481:

  • Return-on-Tangible-Asset: -2.03%
  • GF Value™: HK$0.48 vs. price of HK$0.26 (45.8% below fair value)
  • GF Score™: 63/100 with 4 warning signs

No single metric tells the full story. See the HKSE:08481 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shenglong Splendecor International Business Description

Address No. 55 Shangyang Road, Yangdai Village, Jinnan Sub-District, Lin’an, Hangzhou, CHN, 311301
Shenglong Splendecor International Ltd is an investment holding. It is engaged in the manufacturing of decorative printing materials products based in China. Its products include melamine-impregnated paper, finish foil paper, PVC furniture film, and PVC flooring film. Geographically, the company derives a majority of its revenue from China followed by India, The United Arab Emirates, Pakistan, Indonesia and other countries.
63GF Score

Get the complete analysis for HKSE:08481

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

HK$0.26
Price
HK$0.48
GF Value