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SHSE:600059'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.83 Med: 3.55 Max: 6.34
Current: 3.56
During the past 13 years, Zhejiang Guyuelongshan Shaoxing Wine Co's highest Return-on-Tangible-Asset was 6.34%. The lowest was 2.83%. And the median was 3.55%.
SHSE:600059's Return-on-Tangible-Asset is ranked better than 51.66% of 211
companies
in the Beverages - Alcoholic industry
Industry Median: 3.11
vs SHSE:600059: 3.56
Zhejiang Guyuelongshan Shaoxing Wine Co (SHSE:600059) 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.
Zhejiang Guyuelongshan Shaoxing Wine Co Return-on-Tangible-Asset Related Terms
Zhejiang Guyuelongshan Shaoxing Wine 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.
Zhejiang Guyuelongshan Shaoxing Wine Co Return-on-Tangible-Asset Chart
Zhejiang Guyuelongshan Shaoxing Wine Co Annual Data
SHSE:600059 vs BF.B: Return-on-Tangible-Asset Comparison
For the Beverages - Wineries & Distilleries subindustry, Zhejiang Guyuelongshan Shaoxing Wine 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.
Zhejiang Guyuelongshan Shaoxing Wine Co Return-on-Tangible-Asset vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Zhejiang Guyuelongshan Shaoxing Wine Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Zhejiang Guyuelongshan Shaoxing Wine 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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 3.83% mean?
Zhejiang Guyuelongshan Shaoxing Wine Co (SHSE:600059) has a Return-on-Tangible-Asset of 3.83% 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 Zhejiang Guyuelongshan Shaoxing Wine Co and its competitors. This is near median its historical median of 3.55. Over the past decade, Zhejiang Guyuelongshan Shaoxing Wine Co's Return-on-Tangible-Asset has ranged from 2.83 to 6.34. According to the industry distribution chart, Zhejiang Guyuelongshan Shaoxing Wine Co ranks #102 out of 211 companies in the Beverages - Alcoholic industry, placing it in the top 48.3%.
Is Zhejiang Guyuelongshan Shaoxing Wine Co's Return-on-Tangible-Asset too high?
Zhejiang Guyuelongshan Shaoxing Wine Co's current Return-on-Tangible-Asset of 3.83% is near median its 10-year median of 3.55. Over the past 10 years, this metric has ranged from a low of 2.83 to a high of 6.34. The Beverages - Alcoholic industry median Return-on-Tangible-Asset is 3.11. Zhejiang Guyuelongshan Shaoxing Wine Co's value of 3.83% is 23.2% above this industry median. Based on the distribution chart, Zhejiang Guyuelongshan Shaoxing Wine Co ranks #102 out of 211 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Zhejiang Guyuelongshan Shaoxing Wine Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Guyuelongshan Shaoxing Wine Co's Return-on-Tangible-Asset compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Zhejiang Guyuelongshan Shaoxing Wine Co ranks #102 out of 211 companies for Return-on-Tangible-Asset. This puts Zhejiang Guyuelongshan Shaoxing Wine Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.11. Zhejiang Guyuelongshan Shaoxing Wine Co's value of 3.83% is 23.2% above this benchmark. Historically, Zhejiang Guyuelongshan Shaoxing Wine Co's own Return-on-Tangible-Asset has ranged from 2.83 to 6.34 over the past decade. While the company's 10-year median is 3.55 vs. the industry median of 3.11, Zhejiang Guyuelongshan Shaoxing Wine 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 Beverages - Alcoholic company?
The median Return-on-Tangible-Asset among Beverages - Alcoholic companies is 3.11, based on 211 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. Zhejiang Guyuelongshan Shaoxing Wine Co's current Return-on-Tangible-Asset of 3.83% is 23.2% 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 Zhejiang Guyuelongshan Shaoxing Wine Co and its competitors. For the Beverages - Alcoholic industry, the median Return-on-Tangible-Asset is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Guyuelongshan Shaoxing Wine Co's current Return-on-Tangible-Asset is 3.83%, which is near median its own 10-year median of 3.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Guyuelongshan Shaoxing Wine Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Guyuelongshan Shaoxing Wine Co (SHSE:600059) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥9.59, compared to a current price of ¥8.18 — trading 14.7% below its estimated fair value. The current Return-on-Tangible-Asset is 3.83%, which is near median its 10-year median of 3.55 and 23.2% above the Beverages - Alcoholic industry median of 3.11. Zhejiang Guyuelongshan Shaoxing Wine Co's overall GF Score™ is 82/100 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 Zhejiang Guyuelongshan Shaoxing Wine Co (SHSE:600059), the current Return-on-Tangible-Asset is 3.83% 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 Zhejiang Guyuelongshan Shaoxing Wine Co (SHSE:600059) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Guyuelongshan Shaoxing Wine Co stock appears to be undervalued.
The current stock price of ¥8.18 is trading 14.7% below its estimated GF Value™ of ¥9.59.
GuruFocus considers Zhejiang Guyuelongshan Shaoxing Wine Co to be Modestly Undervalued.
Key valuation signals for SHSE:600059:
Return-on-Tangible-Asset: 3.83% (near median its 10-year median of 3.55)
GF Value™: ¥9.59 vs. price of ¥8.18 (14.7% below fair value)
Industry Position: 23.2% above the Beverages - Alcoholic median (#102 of 211)
No single metric tells the full story. See the SHSE:600059 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Guyuelongshan Shaoxing Wine Co Ltd is a China-based company engaged in the production and distribution of Chinese rice wine. Its main products consist of raw Chinese rice wine, bottled Chinese rice wine and a relatively small amount of fruit wine and distilled spirit. The company owns a range of brands including Gu Yue Long Shan, Nv Er Hong, Champion Red, Shen Yonghe as well as Jian Hu, among others.
82GF Score
Get the complete analysis for SHSE:600059
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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