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During the past 13 years, Shaanxi Construction Engineering Group's highest Return-on-Tangible-Asset was 3.66%. The lowest was 0.06%. And the median was 1.73%.
SHSE:600248's Return-on-Tangible-Asset is not ranked *
in the Construction industry.
Industry Median: 3.08 * Ranked among companies with meaningful Return-on-Tangible-Asset only.
Shaanxi Construction Engineering Group (SHSE:600248) 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.
Shaanxi Construction Engineering Group Return-on-Tangible-Asset Related Terms
Shaanxi Construction Engineering 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.
Shaanxi Construction Engineering Group Return-on-Tangible-Asset Chart
Shaanxi Construction Engineering Group Annual Data
SHSE:600248 vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, Shaanxi Construction Engineering 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.
Shaanxi Construction Engineering Group Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Shaanxi Construction Engineering Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Shaanxi Construction Engineering 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 0.21% mean?
Shaanxi Construction Engineering Group (SHSE:600248) has a Return-on-Tangible-Asset of 0.21% 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 Shaanxi Construction Engineering Group and its competitors. This is 88% below median its historical median of 1.73. Over the past decade, Shaanxi Construction Engineering Group's Return-on-Tangible-Asset has ranged from 0.06 to 3.66. According to the industry distribution chart, Shaanxi Construction Engineering Group ranks #999999 out of 1787 companies in the Construction industry.
Is Shaanxi Construction Engineering Group's Return-on-Tangible-Asset too high?
Shaanxi Construction Engineering Group's current Return-on-Tangible-Asset of 0.21% is 88% below median its 10-year median of 1.73. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 3.66. The Construction industry median Return-on-Tangible-Asset is 3.08. Shaanxi Construction Engineering Group's value of 0.21% is 93.2% below this industry median. Based on the distribution chart, Shaanxi Construction Engineering Group ranks #999999 out of 1787 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Shaanxi Construction Engineering Group has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shaanxi Construction Engineering Group's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Shaanxi Construction Engineering Group ranks #999999 out of 1787 companies for Return-on-Tangible-Asset. This places Shaanxi Construction Engineering Group in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.08. Shaanxi Construction Engineering Group's value of 0.21% is 93.2% below this benchmark. Historically, Shaanxi Construction Engineering Group's own Return-on-Tangible-Asset has ranged from 0.06 to 3.66 over the past decade. While the company's 10-year median is 1.73 vs. the industry median of 3.08, Shaanxi Construction Engineering Group 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.08, based on 1,787 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. Shaanxi Construction Engineering Group's current Return-on-Tangible-Asset of 0.21% is 93.2% 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 Shaanxi Construction Engineering Group and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shaanxi Construction Engineering Group's current Return-on-Tangible-Asset is 0.21%, which is 88% below median its own 10-year median of 1.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shaanxi Construction Engineering Group stock overvalued right now?
Based on GuruFocus' analysis, Shaanxi Construction Engineering Group (SHSE:600248) is currently considered Fairly Valued. The stock's GF Value™ is ¥3.14, compared to a current price of ¥2.91 — trading 7.3% below its estimated fair value. The current Return-on-Tangible-Asset is 0.21%, which is 88% below median its 10-year median of 1.73 and 93.2% below the Construction industry median of 3.08. Shaanxi Construction Engineering Group's overall GF Score™ is 55/100 with 7 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 Shaanxi Construction Engineering Group (SHSE:600248), the current Return-on-Tangible-Asset is 0.21% 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 Shaanxi Construction Engineering Group (SHSE:600248) Overvalued in 2026?
Based on GuruFocus' analysis, Shaanxi Construction Engineering Group stock appears to be undervalued.
The current stock price of ¥2.91 is trading 7.3% below its estimated GF Value™ of ¥3.14.
GuruFocus considers Shaanxi Construction Engineering Group to be Fairly Valued.
Key valuation signals for SHSE:600248:
Return-on-Tangible-Asset: 0.21% (88% below median its 10-year median of 1.73)
GF Value™: ¥3.14 vs. price of ¥2.91 (7.3% below fair value)
Industry Position: 93.2% below the Construction median (#999999 of 1787)
No single metric tells the full story. See the SHSE:600248 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shaanxi Construction Engineering Group Corp Ltd is engaged in providing engineering construction services. The company is involved in infrastructure, construction work, architectural design, real-estate development and operation services.
55GF Score
Get the complete analysis for SHSE:600248
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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