Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
The historical rank and industry rank for Paslin Digital Technology Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:600215'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -12.33 Med: 3 Max: 5.07
Current: -12.33
During the past 13 years, Paslin Digital Technology Co's highest Return-on-Tangible-Asset was 5.07%. The lowest was -12.33%. And the median was 3.00%.
SHSE:600215's Return-on-Tangible-Asset is ranked worse than 92.43% of 1797
companies
in the Real Estate industry
Industry Median: 1.81
vs SHSE:600215: -12.33
Paslin Digital Technology Co (SHSE:600215) 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.
Paslin Digital Technology Co Return-on-Tangible-Asset Related Terms
Paslin Digital Technology 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.
Paslin Digital Technology Co Return-on-Tangible-Asset Chart
Paslin Digital Technology Co Return-on-Tangible-Asset Competitor Comparison
For the Real Estate - Development subindustry, Paslin Digital Technology 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.
Paslin Digital Technology Co Return-on-Tangible-Asset vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Paslin Digital Technology Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Paslin Digital Technology 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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of -0.74% mean?
Paslin Digital Technology Co (SHSE:600215) has a Return-on-Tangible-Asset of -0.74% 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 Paslin Digital Technology Co and its competitors. According to the industry distribution chart, Paslin Digital Technology Co ranks #1661 out of 1797 companies in the Real Estate industry, placing it in the top 92.4%.
Is Paslin Digital Technology Co's Return-on-Tangible-Asset too high?
Paslin Digital Technology Co's current Return-on-Tangible-Asset is -0.74%. Based on the distribution chart, Paslin Digital Technology Co ranks #1661 out of 1797 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Paslin Digital Technology Co has a GF Score™ of 54/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Paslin Digital Technology Co's Return-on-Tangible-Asset compare to competitors?
According to the Real Estate industry distribution chart, Paslin Digital Technology Co ranks #1661 out of 1797 companies for Return-on-Tangible-Asset. This places Paslin Digital Technology Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.81. 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 Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.81, based on 1,797 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. 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 Paslin Digital Technology Co and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Paslin Digital Technology Co's current Return-on-Tangible-Asset is -0.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paslin Digital Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Paslin Digital Technology Co (SHSE:600215) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥5.05, compared to a current price of ¥6.32 — trading 25.1% above its estimated fair value. The current Return-on-Tangible-Asset is -0.74%. Paslin Digital Technology Co's overall GF Score™ is 54/100 with 2 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 Paslin Digital Technology Co (SHSE:600215), the current Return-on-Tangible-Asset is -0.74% 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 Paslin Digital Technology Co (SHSE:600215) Overvalued in 2026?
Based on GuruFocus' analysis, Paslin Digital Technology Co stock appears to be overvalued.
The current stock price of ¥6.32 is trading 25.1% above its estimated GF Value™ of ¥5.05.
GuruFocus considers Paslin Digital Technology Co to be Modestly Overvalued.
Key valuation signals for SHSE:600215:
Return-on-Tangible-Asset: -0.74%
GF Value™: ¥5.05 vs. price of ¥6.32 (25.1% above fair value)
No single metric tells the full story. See the SHSE:600215 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Paslin Digital Technology Co Ltd, formerly Changchunjingkai (Group) Co Ltd, is principally engaged in real estate development and infrastructure construction businesses.
54GF Score
Get the complete analysis for SHSE:600215
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:600215 has been successfully added to your 
