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.
YTO Express Group CoSHSE:600233 -1.12%97 Return-on-Tangible-Asset is 11.61% as of Mar. 2026, which is 15% above its 10-year median of 10.13. GuruFocus rates SHSE:600233 with a GF Score™ of 97/100 and a GF Value™ of ¥19.38 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,011 Transportation companies, YTO Express Group Co ranks better than 86.45% 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. YTO Express Group Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥5,510 Mil. YTO Express Group Co's average total tangible assets for the quarter that ended in Mar. 2026 was ¥47,447 Mil. Therefore, YTO Express Group Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 11.61%.
The historical rank and industry rank for YTO Express Group Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:600233'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.99 Med: 10.13 Max: 18.57
Current: 10.72
During the past 13 years, YTO Express Group Co's highest Return-on-Tangible-Asset was 18.57%. The lowest was 7.99%. And the median was 10.13%.
SHSE:600233's Return-on-Tangible-Asset is ranked better than 86.45% of 1011
companies
in the Transportation industry
Industry Median: 3.75
vs SHSE:600233: 10.72
YTO Express Group Co (SHSE:600233) 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.
YTO Express Group Co Return-on-Tangible-Asset Related Terms
YTO Express Group Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for YTO Express Group 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.
YTO Express Group Co Return-on-Tangible-Asset Chart
SHSE:600233 vs UPS, FDX, JBHT: Return-on-Tangible-Asset Comparison
For the Integrated Freight & Logistics subindustry, YTO Express Group 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.
YTO Express Group Co Return-on-Tangible-Asset vs Transportation Industry
For the Transportation industry and Industrials sector, YTO Express Group Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where YTO Express Group 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 11.61% mean?
YTO Express Group Co (SHSE:600233) has a Return-on-Tangible-Asset of 11.61% 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 YTO Express Group Co and its competitors. This is 15% above median its historical median of 10.13. Over the past decade, YTO Express Group Co's Return-on-Tangible-Asset has ranged from 7.99 to 18.57. According to the industry distribution chart, YTO Express Group Co ranks #137 out of 1011 companies in the Transportation industry, placing it in the top 13.6%.
Is YTO Express Group Co's Return-on-Tangible-Asset too high?
YTO Express Group Co's current Return-on-Tangible-Asset of 11.61% is 15% above median its 10-year median of 10.13. Over the past 10 years, this metric has ranged from a low of 7.99 to a high of 18.57. The Transportation industry median Return-on-Tangible-Asset is 3.75. YTO Express Group Co's value of 11.61% is 209.6% above this industry median. Based on the distribution chart, YTO Express Group Co ranks #137 out of 1011 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, YTO Express Group Co has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does YTO Express Group Co's Return-on-Tangible-Asset compare to UPS and FDX?
According to the Transportation industry distribution chart, YTO Express Group Co ranks #137 out of 1011 companies for Return-on-Tangible-Asset. This places YTO Express Group Co in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.75. YTO Express Group Co's value of 11.61% is 209.6% above this benchmark. Historically, YTO Express Group Co's own Return-on-Tangible-Asset has ranged from 7.99 to 18.57 over the past decade. While the company's 10-year median is 10.13 vs. the industry median of 3.75, YTO Express Group 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 Transportation company?
The median Return-on-Tangible-Asset among Transportation companies is 3.75, based on 1,011 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. YTO Express Group Co's current Return-on-Tangible-Asset of 11.61% is 209.6% 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 YTO Express Group Co and its competitors. For the Transportation industry, the median Return-on-Tangible-Asset is 3.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. YTO Express Group Co's current Return-on-Tangible-Asset is 11.61%, which is 15% above median its own 10-year median of 10.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is YTO Express Group Co stock overvalued right now?
Based on GuruFocus' analysis, YTO Express Group Co (SHSE:600233) is currently considered Fairly Valued. The stock's GF Value™ is ¥19.38, compared to a current price of ¥18.49 — trading 4.6% below its estimated fair value. The current Return-on-Tangible-Asset is 11.61%, which is 15% above median its 10-year median of 10.13 and 209.6% above the Transportation industry median of 3.75. YTO Express Group Co's overall GF Score™ is 97/100 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 YTO Express Group Co (SHSE:600233), the current Return-on-Tangible-Asset is 11.61% 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 YTO Express Group Co (SHSE:600233) Overvalued in 2026?
Based on GuruFocus' analysis, YTO Express Group Co stock appears to be undervalued.
The current stock price of ¥18.49 is trading 4.6% below its estimated GF Value™ of ¥19.38.
GuruFocus considers YTO Express Group Co to be Fairly Valued.
Key valuation signals for SHSE:600233:
Return-on-Tangible-Asset: 11.61% (15% above median its 10-year median of 10.13)
GF Value™: ¥19.38 vs. price of ¥18.49 (4.6% below fair value)
Industry Position: 209.6% above the Transportation median (#137 of 1011)
No single metric tells the full story. See the SHSE:600233 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
YTO Express is one of the Tongda operators—the top four national express delivery companies that use the network partner model. In this model, Tongdas provide line-haul transportation, sorting, and waybill services to their network partners for fees, while their local network partners provide first-mile pickup and last-mile delivery services under the Tongdas' brands and collect customer payments.The company was founded by Yu Huijiao in 2000. Yu remains chair and president with a 33.4% stake as of Feb. 25, 2026. Yu and Zhang Xiaojuan, who owned 2.15% of YTO as of that date, are persons acting in concert. YTO's strategic shareholder is leading China e-commerce company Alibaba Group and its affiliated companies, with around a 16.8% interest as of Feb. 25, 2026.
97GF Score
Get the complete analysis for SHSE:600233
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:600233 has been successfully added to your 
