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SDIC Capital CoSHSE:600061 -0.46%79 Return-on-Tangible-Asset is 0.87% as of Mar. 2026, which is 42% below its 10-year median of 1.51. GuruFocus rates SHSE:600061 with a GF Score™ of 79/100 and a GF Value™ of ¥7.52 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 814 Capital Markets companies, SDIC Capital Co ranks worse than 57.86% 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. SDIC Capital Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥3,062 Mil. SDIC Capital Co's average total tangible assets for the quarter that ended in Mar. 2026 was ¥352,835 Mil. Therefore, SDIC Capital Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.87%.
The historical rank and industry rank for SDIC Capital Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:600061'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.88 Med: 1.51 Max: 2.32
Current: 1.02
During the past 13 years, SDIC Capital Co's highest Return-on-Tangible-Asset was 2.32%. The lowest was 0.88%. And the median was 1.51%.
SHSE:600061's Return-on-Tangible-Asset is ranked worse than 57.86% of 814
companies
in the Capital Markets industry
Industry Median: 1.57
vs SHSE:600061: 1.02
SDIC Capital Co (SHSE:600061) 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.
SDIC Capital Co Return-on-Tangible-Asset Related Terms
SDIC Capital Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for SDIC Capital 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.
SHSE:600061 vs MS, GS, SCHW: Return-on-Tangible-Asset Comparison
For the Capital Markets subindustry, SDIC Capital 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.
SDIC Capital Co Return-on-Tangible-Asset vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, SDIC Capital Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where SDIC Capital 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 0.87% mean?
SDIC Capital Co (SHSE:600061) has a Return-on-Tangible-Asset of 0.87% 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 SDIC Capital Co and its competitors. This is 42% below median its historical median of 1.51. Over the past decade, SDIC Capital Co's Return-on-Tangible-Asset has ranged from 0.88 to 2.32. According to the industry distribution chart, SDIC Capital Co ranks #471 out of 814 companies in the Capital Markets industry, placing it in the top 57.9%.
Is SDIC Capital Co's Return-on-Tangible-Asset too high?
SDIC Capital Co's current Return-on-Tangible-Asset of 0.87% is 42% below median its 10-year median of 1.51. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 2.32. The Capital Markets industry median Return-on-Tangible-Asset is 1.57. SDIC Capital Co's value of 0.87% is 44.6% below this industry median. Based on the distribution chart, SDIC Capital Co ranks #471 out of 814 companies in the Capital Markets industry, which is below the industry midpoint. Overall, SDIC Capital Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SDIC Capital Co's Return-on-Tangible-Asset compare to MS and GS?
According to the Capital Markets industry distribution chart, SDIC Capital Co ranks #471 out of 814 companies for Return-on-Tangible-Asset. This places SDIC Capital Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.57. SDIC Capital Co's value of 0.87% is 44.6% below this benchmark. Historically, SDIC Capital Co's own Return-on-Tangible-Asset has ranged from 0.88 to 2.32 over the past decade. While the company's 10-year median is 1.51 vs. the industry median of 1.57, SDIC Capital Co has consistently been below 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 Capital Markets company?
The median Return-on-Tangible-Asset among Capital Markets companies is 1.57, based on 814 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. SDIC Capital Co's current Return-on-Tangible-Asset of 0.87% is 44.6% below 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 SDIC Capital Co and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SDIC Capital Co's current Return-on-Tangible-Asset is 0.87%, which is 42% below median its own 10-year median of 1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SDIC Capital Co stock overvalued right now?
Based on GuruFocus' analysis, SDIC Capital Co (SHSE:600061) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥7.52, compared to a current price of ¥6.54 — trading 13% below its estimated fair value. The current Return-on-Tangible-Asset is 0.87%, which is 42% below median its 10-year median of 1.51 and 44.6% below the Capital Markets industry median of 1.57. SDIC Capital Co's overall GF Score™ is 79/100 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 SDIC Capital Co (SHSE:600061), the current Return-on-Tangible-Asset is 0.87% 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 SDIC Capital Co (SHSE:600061) Overvalued in 2026?
Based on GuruFocus' analysis, SDIC Capital Co stock appears to be undervalued.
The current stock price of ¥6.54 is trading 13% below its estimated GF Value™ of ¥7.52.
GuruFocus considers SDIC Capital Co to be Modestly Undervalued.
Key valuation signals for SHSE:600061:
Return-on-Tangible-Asset: 0.87% (42% below median its 10-year median of 1.51)
GF Value™: ¥7.52 vs. price of ¥6.54 (13% below fair value)
Industry Position: 44.6% below the Capital Markets median (#471 of 814)
No single metric tells the full story. See the SHSE:600061 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SDIC Capital Co Ltd is engaged in securities, trusts, public funds, futures, insurance, etc. The company conducts its operations through four segments. The Brokerage segment mainly covers securities and futures brokerage services, along with the distribution of financial products as an agent. The Asset Management segment includes pooled, directional, and specific asset management activities. The Investment Banking segment offers services related to equity and debt financing, mergers and acquisitions, and financial advisory; the Credit business, and Others.
79GF Score
Get the complete analysis for SHSE:600061
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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