Shanghai International Port (Group) Co (SHSE:600018) Return-on-Tangible-Asset: 7.59% (As of Mar. 2026) — Near Median

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SHSE:600018 Shanghai International Port (Group) Co Ltd SHSE:600018
62 GF Score
Price ¥5.24
GF Value ¥6.09
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Shanghai International Port (Group) Co Return-on-Tangible-Asset?

Shanghai International Port (Group) Co SHSE:600018 +1.16% 62 Return-on-Tangible-Asset is 7.59% as of Mar. 2026, which is 0% above its 10-year median of 7.56. GuruFocus rates SHSE:600018 with a GF Score™ of 62/100 and a GF Value™ of ¥6.09 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,012 Transportation companies, Shanghai International Port (Group) Co ranks better than 71.54% 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. Shanghai International Port (Group) Co's annualized Net Income for the quarter that ended in Mar. 2026 was ¥16,032 Mil. Shanghai International Port (Group) Co's average total tangible assets for the quarter that ended in Mar. 2026 was ¥211,253 Mil. Therefore, Shanghai International Port (Group) Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 7.59%.

The historical rank and industry rank for Shanghai International Port (Group) Co's Return-on-Tangible-Asset or its related term are showing as below:

SHSE:600018' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.18   Med: 7.56   Max: 10.61
Current: 6.57

During the past 13 years, Shanghai International Port (Group) Co's highest Return-on-Tangible-Asset was 10.61%. The lowest was 6.18%. And the median was 7.56%.

SHSE:600018's Return-on-Tangible-Asset is ranked better than
71.54% of 1012 companies
in the Transportation industry
Industry Median: 3.805 vs SHSE:600018: 6.57

Shanghai International Port (Group) Co  (SHSE:600018) 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.


Shanghai International Port (Group) Co Return-on-Tangible-Asset Related Terms


Shanghai International Port (Group) Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Shanghai International Port (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.

Shanghai International Port (Group) Co Return-on-Tangible-Asset Chart

Shanghai International Port (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 9.85 10.61 7.39 7.72 6.68

Shanghai International Port (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 7.81 8.06 6.23 4.42 7.59

Shanghai International Port (Group) Co Return-on-Tangible-Asset Competitor Comparison

For the Marine Shipping subindustry, Shanghai International Port (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.


Shanghai International Port (Group) Co Return-on-Tangible-Asset vs Transportation Industry

For the Transportation industry and Industrials sector, Shanghai International Port (Group) Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Shanghai International Port (Group) Co's Return-on-Tangible-Asset falls into.


SHSE:600018
62GF Score
Shanghai International Port (Group) Co Ltd SHSE:600018
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai International Port (Group) Co Return-on-Tangible-Asset Calculation

Shanghai International Port (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 )
=13564.589/( (198132.613+207794.659)/ 2 )
=13564.589/202963.636
=6.68 %

Shanghai International Port (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 )
=16031.724/( (207794.659+214710.737)/ 2 )
=16031.724/211252.698
=7.59 %

* 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 7.59% mean?
Shanghai International Port (Group) Co (SHSE:600018) has a Return-on-Tangible-Asset of 7.59% 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 Shanghai International Port (Group) Co and its competitors. This is near median its historical median of 7.56. Over the past decade, Shanghai International Port (Group) Co's Return-on-Tangible-Asset has ranged from 6.18 to 10.61. According to the industry distribution chart, Shanghai International Port (Group) Co ranks #288 out of 1012 companies in the Transportation industry, placing it in the top 28.5%.
Is Shanghai International Port (Group) Co's Return-on-Tangible-Asset too high?
Shanghai International Port (Group) Co's current Return-on-Tangible-Asset of 7.59% is near median its 10-year median of 7.56. Over the past 10 years, this metric has ranged from a low of 6.18 to a high of 10.61. The Transportation industry median Return-on-Tangible-Asset is 3.81. Shanghai International Port (Group) Co's value of 7.59% is 99.5% above this industry median. Based on the distribution chart, Shanghai International Port (Group) Co ranks #288 out of 1012 companies in the Transportation industry, which is above the industry midpoint. Overall, Shanghai International Port (Group) Co has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai International Port (Group) Co's Return-on-Tangible-Asset compare to competitors?
According to the Transportation industry distribution chart, Shanghai International Port (Group) Co ranks #288 out of 1012 companies for Return-on-Tangible-Asset. This puts Shanghai International Port (Group) Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.81. Shanghai International Port (Group) Co's value of 7.59% is 99.5% above this benchmark. Historically, Shanghai International Port (Group) Co's own Return-on-Tangible-Asset has ranged from 6.18 to 10.61 over the past decade. While the company's 10-year median is 7.56 vs. the industry median of 3.81, Shanghai International Port (Group) 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 Transportation company?
The median Return-on-Tangible-Asset among Transportation companies is 3.81, based on 1,012 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. Shanghai International Port (Group) Co's current Return-on-Tangible-Asset of 7.59% is 99.5% 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 Shanghai International Port (Group) Co and its competitors. For the Transportation industry, the median Return-on-Tangible-Asset is 3.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai International Port (Group) Co's current Return-on-Tangible-Asset is 7.59%, which is near median its own 10-year median of 7.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai International Port (Group) Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai International Port (Group) Co (SHSE:600018) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥6.09, compared to a current price of ¥5.24 — trading 14% below its estimated fair value. The current Return-on-Tangible-Asset is 7.59%, which is near median its 10-year median of 7.56 and 99.5% above the Transportation industry median of 3.81. Shanghai International Port (Group) Co's overall GF Score™ is 62/100 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 Shanghai International Port (Group) Co (SHSE:600018), the current Return-on-Tangible-Asset is 7.59% 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 Shanghai International Port (Group) Co (SHSE:600018) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai International Port (Group) Co stock appears to be undervalued. The current stock price of ¥5.24 is trading 14% below its estimated GF Value™ of ¥6.09. GuruFocus considers Shanghai International Port (Group) Co to be Modestly Undervalued.

Key valuation signals for SHSE:600018:

  • Return-on-Tangible-Asset: 7.59% (near median its 10-year median of 7.56)
  • GF Value™: ¥6.09 vs. price of ¥5.24 (14% below fair value)
  • GF Score™: 62/100 with 3 warning signs
  • Industry Position: 99.5% above the Transportation median (#288 of 1012)

No single metric tells the full story. See the SHSE:600018 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai International Port (Group) Co Business Description

Address 358 East Daming Road, Shanghai, CHN, 200080
Shanghai International Port (Group) Co Ltd is the world's largest container port in terms of throughput volume, and a major trans-shipment hub in China. It engages in handling port containers and bulk cargo along with other container-related services in the Yangtze River Delta. The gross profit in core port operation is approximately 72% in containers, 2% in bulk cargo, and 26% in port logistics and services. The Shanghai state-owned Asset Supervision and Administration Commission holds approximately a 44% stake in SIPG.
62GF Score

Get the complete analysis for SHSE:600018

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

¥5.24
Price
¥6.09
GF Value