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J-Long GroupJL -0.17%24 Return-on-Tangible-Asset is 18.89% as of Sep. 2025, which is 31% above its 10-year median of 14.42. GuruFocus rates JL with a GF Score™ of 24/100. Among 1,066 Manufacturing - Apparel & Accessories companies, J-Long Group ranks better than 91.56% 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. J-Long Group's annualizedNet Income for the quarter that ended in Sep. 2025 was $4.64 Mil. J-Long Group's average total tangible assets for the quarter that ended in Sep. 2025 was $24.56 Mil. Therefore, J-Long Group's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2025 was 18.89%.
The historical rank and industry rank for J-Long Group's Return-on-Tangible-Asset or its related term are showing as below:
JL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.18 Med: 14.42 Max: 33.37
Current: 11.3
During the past 5 years, J-Long Group's highest Return-on-Tangible-Asset was 33.37%. The lowest was 4.18%. And the median was 14.42%.
JL's Return-on-Tangible-Asset is ranked better than 91.56% of 1066
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.955
vs JL: 11.30
J-Long Group (NAS:JL) 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.
J-Long Group Return-on-Tangible-Asset Related Terms
J-Long Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for J-Long Group'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.
JL vs NCI, XELB, PMNT: Return-on-Tangible-Asset Comparison
For the Apparel Manufacturing subindustry, J-Long Group'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.
J-Long Group Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, J-Long Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where J-Long Group'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 (Sep. 2025) net income data.
What does a Return-on-Tangible-Asset of 18.89% mean?
J-Long Group (JL) has a Return-on-Tangible-Asset of 18.89% as of Sep. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on J-Long Group and its competitors. This is 31% above median its historical median of 14.42. Over the past decade, J-Long Group's Return-on-Tangible-Asset has ranged from 4.18 to 33.37. According to the industry distribution chart, J-Long Group ranks #90 out of 1066 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 8.4%.
Is J-Long Group's Return-on-Tangible-Asset too high?
J-Long Group's current Return-on-Tangible-Asset of 18.89% is 31% above median its 10-year median of 14.42. Over the past 10 years, this metric has ranged from a low of 4.18 to a high of 33.37. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 1.96. J-Long Group's value of 18.89% is 866.2% above this industry median. Based on the distribution chart, J-Long Group ranks #90 out of 1066 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, J-Long Group has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does J-Long Group's Return-on-Tangible-Asset compare to NCI and XELB?
According to the Manufacturing - Apparel & Accessories industry distribution chart, J-Long Group ranks #90 out of 1066 companies for Return-on-Tangible-Asset. This places J-Long Group in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.96. J-Long Group's value of 18.89% is 866.2% above this benchmark. Historically, J-Long Group's own Return-on-Tangible-Asset has ranged from 4.18 to 33.37 over the past decade. While the company's 10-year median is 14.42 vs. the industry median of 1.96, J-Long Group 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 1.96, based on 1,066 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. J-Long Group's current Return-on-Tangible-Asset of 18.89% is 866.2% 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 J-Long Group and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. J-Long Group's current Return-on-Tangible-Asset is 18.89%, which is 31% above median its own 10-year median of 14.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is J-Long Group stock overvalued right now?
J-Long Group (JL) has a current Return-on-Tangible-Asset of 18.89%. The current Return-on-Tangible-Asset is 18.89%, which is 31% above median its 10-year median of 14.42 and 866.2% above the Manufacturing - Apparel & Accessories industry median of 1.96. J-Long Group's overall GF Score™ is 24/100. 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 J-Long Group (JL), the current Return-on-Tangible-Asset is 18.89% as of Sep. 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.
J-Long Group Ltd is an established distributor in Hong Kong of reflective and non-reflective garment trims including, among others, heat transfers, fabrics, woven labels and tapes, sewing badges, piping, zipper pullers and drawcords. It also offers a wide range of apparel solution services to cater to its customers' needs for reflective and non-reflective garment trims, ranging from market trend analysis, product design and development and production to quality control. The company operates in Asia (excluding other than Hong Kong and China), Hong Kong, China, and Others (Non-Asian).
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