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Zhejiang Yankon Group CoSHSE:600261 +0.33%69 Return-on-Tangible-Asset is 0.58% as of Mar. 2026, which is 90% below its 10-year median of 5.79. GuruFocus rates SHSE:600261 with a GF Score™ of 69/100 and a GF Value™ of ¥3.49 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 3,074 Industrial Products companies, Zhejiang Yankon Group Co ranks worse than 53.25% 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. Zhejiang Yankon Group Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥29 Mil. Zhejiang Yankon Group Co's average total tangible assets for the quarter that ended in Mar. 2026 was ¥4,981 Mil. Therefore, Zhejiang Yankon Group Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.58%.
The historical rank and industry rank for Zhejiang Yankon Group Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:600261'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.77 Med: 5.79 Max: 8.69
Current: 2.77
During the past 13 years, Zhejiang Yankon Group Co's highest Return-on-Tangible-Asset was 8.69%. The lowest was 2.77%. And the median was 5.79%.
SHSE:600261's Return-on-Tangible-Asset is ranked worse than 53.25% of 3074
companies
in the Industrial Products industry
Industry Median: 3.25
vs SHSE:600261: 2.77
Zhejiang Yankon Group Co (SHSE:600261) 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.
Zhejiang Yankon Group Co Return-on-Tangible-Asset Related Terms
Zhejiang Yankon Group Co Return-on-Tangible-Asset Historical Data
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The historical data trend for Zhejiang Yankon 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.
Zhejiang Yankon Group Co Return-on-Tangible-Asset Chart
SHSE:600261 vs VRT, BE: Return-on-Tangible-Asset Comparison
For the Electrical Equipment & Parts subindustry, Zhejiang Yankon 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.
Zhejiang Yankon Group Co Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Zhejiang Yankon Group Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Zhejiang Yankon 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 0.58% mean?
Zhejiang Yankon Group Co (SHSE:600261) has a Return-on-Tangible-Asset of 0.58% 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 Zhejiang Yankon Group Co and its competitors. This is 90% below median its historical median of 5.79. Over the past decade, Zhejiang Yankon Group Co's Return-on-Tangible-Asset has ranged from 2.77 to 8.69. According to the industry distribution chart, Zhejiang Yankon Group Co ranks #1637 out of 3074 companies in the Industrial Products industry, placing it in the top 53.3%.
Is Zhejiang Yankon Group Co's Return-on-Tangible-Asset too high?
Zhejiang Yankon Group Co's current Return-on-Tangible-Asset of 0.58% is 90% below median its 10-year median of 5.79. Over the past 10 years, this metric has ranged from a low of 2.77 to a high of 8.69. The Industrial Products industry median Return-on-Tangible-Asset is 3.25. Zhejiang Yankon Group Co's value of 0.58% is 82.2% below this industry median. Based on the distribution chart, Zhejiang Yankon Group Co ranks #1637 out of 3074 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Zhejiang Yankon Group Co has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Yankon Group Co's Return-on-Tangible-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, Zhejiang Yankon Group Co ranks #1637 out of 3074 companies for Return-on-Tangible-Asset. This places Zhejiang Yankon Group Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.25. Zhejiang Yankon Group Co's value of 0.58% is 82.2% below this benchmark. Historically, Zhejiang Yankon Group Co's own Return-on-Tangible-Asset has ranged from 2.77 to 8.69 over the past decade. While the company's 10-year median is 5.79 vs. the industry median of 3.25, Zhejiang Yankon Group 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 Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.25, based on 3,074 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. Zhejiang Yankon Group Co's current Return-on-Tangible-Asset of 0.58% is 82.2% 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 Zhejiang Yankon Group Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Yankon Group Co's current Return-on-Tangible-Asset is 0.58%, which is 90% below median its own 10-year median of 5.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Yankon Group Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Yankon Group Co (SHSE:600261) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥3.49, compared to a current price of ¥3.05 — trading 12.6% below its estimated fair value. The current Return-on-Tangible-Asset is 0.58%, which is 90% below median its 10-year median of 5.79 and 82.2% below the Industrial Products industry median of 3.25. Zhejiang Yankon Group Co's overall GF Score™ is 69/100 with 4 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 Zhejiang Yankon Group Co (SHSE:600261), the current Return-on-Tangible-Asset is 0.58% 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 Zhejiang Yankon Group Co (SHSE:600261) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Yankon Group Co stock appears to be undervalued.
The current stock price of ¥3.05 is trading 12.6% below its estimated GF Value™ of ¥3.49.
GuruFocus considers Zhejiang Yankon Group Co to be Modestly Undervalued.
Key valuation signals for SHSE:600261:
Return-on-Tangible-Asset: 0.58% (90% below median its 10-year median of 5.79)
GF Value™: ¥3.49 vs. price of ¥3.05 (12.6% below fair value)
Industry Position: 82.2% below the Industrial Products median (#1637 of 3074)
No single metric tells the full story. See the SHSE:600261 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Yankon Group Co Ltd is engaged in the development, manufacture, and distribution of lighting appliances. It generally offers intelligent lighting, home lighting, commercial and outdoor lighting. Geographically the activities are carried out through China.
69GF Score
Get the complete analysis for SHSE:600261
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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