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Guangzhou Development GroupSHSE:600098 -0.80%70 Return-on-Tangible-Asset is 1.72% as of Jun. 2026, which is 20% below its 10-year median of 2.16. GuruFocus rates SHSE:600098 with a GF Score™ of 70/100 and a GF Value™ of ¥7.27 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 191 Other Energy Sources companies, Guangzhou Development Group ranks better than 61.78% on this metric.
The historical rank and industry rank for Guangzhou Development Group's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:600098'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.36 Med: 2.16 Max: 3.05
Current: 2.05
During the past 13 years, Guangzhou Development Group's highest Return-on-Tangible-Asset was 3.05%. The lowest was 0.36%. And the median was 2.16%.
SHSE:600098's Return-on-Tangible-Asset is ranked better than 61.78% of 191
companies
in the Other Energy Sources industry
Industry Median: 0.16
vs SHSE:600098: 2.05
Guangzhou Development Group (SHSE:600098) 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.
Guangzhou Development Group Return-on-Tangible-Asset Related Terms
Guangzhou Development Group 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.
Guangzhou Development Group Return-on-Tangible-Asset Chart
Guangzhou Development Group Return-on-Tangible-Asset Competitor Comparison
For the Thermal Coal subindustry, Guangzhou Development 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.
Guangzhou Development Group Return-on-Tangible-Asset vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Guangzhou Development Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Guangzhou Development 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 four times the quarterly (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 1.72% mean?
Guangzhou Development Group (SHSE:600098) has a Return-on-Tangible-Asset of 1.72% 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 Guangzhou Development Group and its competitors. This is 20% below median its historical median of 2.16. Over the past decade, Guangzhou Development Group's Return-on-Tangible-Asset has ranged from 0.36 to 3.05. According to the industry distribution chart, Guangzhou Development Group ranks #73 out of 191 companies in the Other Energy Sources industry, placing it in the top 38.2%.
Is Guangzhou Development Group's Return-on-Tangible-Asset too high?
Guangzhou Development Group's current Return-on-Tangible-Asset of 1.72% is 20% below median its 10-year median of 2.16. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 3.05. The Other Energy Sources industry median Return-on-Tangible-Asset is 0.16. Guangzhou Development Group's value of 1.72% is 975% above this industry median. Based on the distribution chart, Guangzhou Development Group ranks #73 out of 191 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, Guangzhou Development Group has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Guangzhou Development Group's Return-on-Tangible-Asset compare to competitors?
According to the Other Energy Sources industry distribution chart, Guangzhou Development Group ranks #73 out of 191 companies for Return-on-Tangible-Asset. This puts Guangzhou Development Group in the upper half of its industry. The industry median Return-on-Tangible-Asset is 0.16. Guangzhou Development Group's value of 1.72% is 975% above this benchmark. Historically, Guangzhou Development Group's own Return-on-Tangible-Asset has ranged from 0.36 to 3.05 over the past decade. While the company's 10-year median is 2.16 vs. the industry median of 0.16, Guangzhou Development 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 an Other Energy Sources company?
The median Return-on-Tangible-Asset among Other Energy Sources companies is 0.16, based on 191 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. Guangzhou Development Group's current Return-on-Tangible-Asset of 1.72% is 975% 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 Guangzhou Development Group and its competitors. For the Other Energy Sources industry, the median Return-on-Tangible-Asset is 0.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guangzhou Development Group's current Return-on-Tangible-Asset is 1.72%, which is 20% below median its own 10-year median of 2.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangzhou Development Group stock overvalued right now?
Based on GuruFocus' analysis, Guangzhou Development Group (SHSE:600098) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥7.27, compared to a current price of ¥6.23 — trading 14.3% below its estimated fair value. The current Return-on-Tangible-Asset is 1.72%, which is 20% below median its 10-year median of 2.16 and 975% above the Other Energy Sources industry median of 0.16. Guangzhou Development Group's overall GF Score™ is 70/100 with 8 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 Guangzhou Development Group (SHSE:600098), the current Return-on-Tangible-Asset is 1.72% 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 Guangzhou Development Group (SHSE:600098) Overvalued in 2026?
Based on GuruFocus' analysis, Guangzhou Development Group stock appears to be undervalued.
The current stock price of ¥6.23 is trading 14.3% below its estimated GF Value™ of ¥7.27.
GuruFocus considers Guangzhou Development Group to be Modestly Undervalued.
Key valuation signals for SHSE:600098:
Return-on-Tangible-Asset: 1.72% (20% below median its 10-year median of 2.16)
GF Value™: ¥7.27 vs. price of ¥6.23 (14.3% below fair value)
Industry Position: 975% above the Other Energy Sources median (#73 of 191)
No single metric tells the full story. See the SHSE:600098 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Guangzhou Development Group Incorporated is a China-based company operating in the integrated energy business. It is engaged in the investment, construction, development, and operation of electric power, coal, oil products, natural gas and new energy. The company is also involved in the energy logistics business.
70GF Score
Get the complete analysis for SHSE:600098
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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