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Cangzhou Dahua CoSHSE:600230 -2.56%70 Return-on-Tangible-Asset is 3.03% as of Jun. 2026, which is 53% above its 10-year median of 1.98. GuruFocus rates SHSE:600230 with a GF Score™ of 70/100 and a GF Value™ of ¥9.62 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 260 Agriculture companies, Cangzhou Dahua Co ranks worse than 65.77% 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. Cangzhou Dahua Co's annualizedNet Income for the quarter that ended in Jun. 2026 was ¥172 Mil. Cangzhou Dahua Co's average total tangible assets for the quarter that ended in Jun. 2026 was ¥5,661 Mil. Therefore, Cangzhou Dahua Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 3.03%.
The historical rank and industry rank for Cangzhou Dahua Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:600230'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.5 Med: 1.98 Max: 33.17
Current: 1.91
During the past 13 years, Cangzhou Dahua Co's highest Return-on-Tangible-Asset was 33.17%. The lowest was -0.50%. And the median was 1.98%.
SHSE:600230's Return-on-Tangible-Asset is ranked worse than 65.77% of 260
companies
in the Agriculture industry
Industry Median: 3.51
vs SHSE:600230: 1.91
Cangzhou Dahua Co (SHSE:600230) 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.
Cangzhou Dahua Co Return-on-Tangible-Asset Related Terms
Cangzhou Dahua Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Cangzhou Dahua 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:600230 vs CTVA, CF, MOS: Return-on-Tangible-Asset Comparison
For the Agricultural Inputs subindustry, Cangzhou Dahua 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.
Cangzhou Dahua Co Return-on-Tangible-Asset vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, Cangzhou Dahua Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Cangzhou Dahua 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 3.03% mean?
Cangzhou Dahua Co (SHSE:600230) has a Return-on-Tangible-Asset of 3.03% 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 Cangzhou Dahua Co and its competitors. This is 53% above median its historical median of 1.98. According to the industry distribution chart, Cangzhou Dahua Co ranks #171 out of 260 companies in the Agriculture industry, placing it in the top 65.8%.
Is Cangzhou Dahua Co's Return-on-Tangible-Asset too high?
Cangzhou Dahua Co's current Return-on-Tangible-Asset of 3.03% is 53% above median its 10-year median of 1.98. The Agriculture industry median Return-on-Tangible-Asset is 3.51. Cangzhou Dahua Co's value of 3.03% is 13.7% below this industry median. Based on the distribution chart, Cangzhou Dahua Co ranks #171 out of 260 companies in the Agriculture industry, which is below the industry midpoint. Overall, Cangzhou Dahua Co has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cangzhou Dahua Co's Return-on-Tangible-Asset compare to CTVA and CF?
According to the Agriculture industry distribution chart, Cangzhou Dahua Co ranks #171 out of 260 companies for Return-on-Tangible-Asset. This places Cangzhou Dahua Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.51. Cangzhou Dahua Co's value of 3.03% is 13.7% below this benchmark. While the company's 10-year median is 1.98 vs. the industry median of 3.51, Cangzhou Dahua 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 an Agriculture company?
The median Return-on-Tangible-Asset among Agriculture companies is 3.51, based on 260 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. Cangzhou Dahua Co's current Return-on-Tangible-Asset of 3.03% is 13.7% 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 Cangzhou Dahua Co and its competitors. For the Agriculture industry, the median Return-on-Tangible-Asset is 3.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cangzhou Dahua Co's current Return-on-Tangible-Asset is 3.03%, which is 53% above median its own 10-year median of 1.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cangzhou Dahua Co stock overvalued right now?
Based on GuruFocus' analysis, Cangzhou Dahua Co (SHSE:600230) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥9.62, compared to a current price of ¥14.83 — trading 54.2% above its estimated fair value. The current Return-on-Tangible-Asset is 3.03%, which is 53% above median its 10-year median of 1.98 and 13.7% below the Agriculture industry median of 3.51. Cangzhou Dahua Co's overall GF Score™ is 70/100 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 Cangzhou Dahua Co (SHSE:600230), the current Return-on-Tangible-Asset is 3.03% 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 Cangzhou Dahua Co (SHSE:600230) Overvalued in 2026?
Based on GuruFocus' analysis, Cangzhou Dahua Co stock appears to be overvalued.
The current stock price of ¥14.83 is trading 54.2% above its estimated GF Value™ of ¥9.62.
GuruFocus considers Cangzhou Dahua Co to be Significantly Overvalued.
Key valuation signals for SHSE:600230:
Return-on-Tangible-Asset: 3.03% (53% above median its 10-year median of 1.98)
GF Value™: ¥9.62 vs. price of ¥14.83 (54.2% above fair value)
Industry Position: 13.7% below the Agriculture median (#171 of 260)
No single metric tells the full story. See the SHSE:600230 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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