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.
Nanjing Iron & Steel CoSHSE:600282 -0.82%73 Return-on-Tangible-Asset is 3.64% as of Mar. 2026, which is 32% below its 10-year median of 5.34. GuruFocus rates SHSE:600282 with a GF Score™ of 73/100 and a GF Value™ of ¥4.17 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 634 Steel companies, Nanjing Iron & Steel Co ranks better than 71.92% 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. Nanjing Iron & Steel Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥2,388 Mil. Nanjing Iron & Steel Co's average total tangible assets for the quarter that ended in Mar. 2026 was ¥65,656 Mil. Therefore, Nanjing Iron & Steel Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.64%.
The historical rank and industry rank for Nanjing Iron & Steel Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:600282'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.03 Med: 5.34 Max: 10.37
Current: 4.43
During the past 13 years, Nanjing Iron & Steel Co's highest Return-on-Tangible-Asset was 10.37%. The lowest was 1.03%. And the median was 5.34%.
SHSE:600282's Return-on-Tangible-Asset is ranked better than 71.92% of 634
companies
in the Steel industry
Industry Median: 2.055
vs SHSE:600282: 4.43
Nanjing Iron & Steel Co (SHSE:600282) 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.
Nanjing Iron & Steel Co Return-on-Tangible-Asset Related Terms
Nanjing Iron & Steel Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Nanjing Iron & Steel 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.
Nanjing Iron & Steel Co Return-on-Tangible-Asset Chart
SHSE:600282 vs NUE, STLD, RS: Return-on-Tangible-Asset Comparison
For the Steel subindustry, Nanjing Iron & Steel 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.
Nanjing Iron & Steel Co Return-on-Tangible-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Nanjing Iron & Steel Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Nanjing Iron & Steel 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 3.64% mean?
Nanjing Iron & Steel Co (SHSE:600282) has a Return-on-Tangible-Asset of 3.64% 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 Nanjing Iron & Steel Co and its competitors. This is 32% below median its historical median of 5.34. Over the past decade, Nanjing Iron & Steel Co's Return-on-Tangible-Asset has ranged from 1.03 to 10.37. According to the industry distribution chart, Nanjing Iron & Steel Co ranks #178 out of 634 companies in the Steel industry, placing it in the top 28.1%.
Is Nanjing Iron & Steel Co's Return-on-Tangible-Asset too high?
Nanjing Iron & Steel Co's current Return-on-Tangible-Asset of 3.64% is 32% below median its 10-year median of 5.34. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 10.37. The Steel industry median Return-on-Tangible-Asset is 2.06. Nanjing Iron & Steel Co's value of 3.64% is 77.1% above this industry median. Based on the distribution chart, Nanjing Iron & Steel Co ranks #178 out of 634 companies in the Steel industry, which is above the industry midpoint. Overall, Nanjing Iron & Steel Co has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nanjing Iron & Steel Co's Return-on-Tangible-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Nanjing Iron & Steel Co ranks #178 out of 634 companies for Return-on-Tangible-Asset. This puts Nanjing Iron & Steel Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.06. Nanjing Iron & Steel Co's value of 3.64% is 77.1% above this benchmark. Historically, Nanjing Iron & Steel Co's own Return-on-Tangible-Asset has ranged from 1.03 to 10.37 over the past decade. While the company's 10-year median is 5.34 vs. the industry median of 2.06, Nanjing Iron & Steel 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 Steel company?
The median Return-on-Tangible-Asset among Steel companies is 2.06, based on 634 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. Nanjing Iron & Steel Co's current Return-on-Tangible-Asset of 3.64% is 77.1% 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 Nanjing Iron & Steel Co and its competitors. For the Steel industry, the median Return-on-Tangible-Asset is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nanjing Iron & Steel Co's current Return-on-Tangible-Asset is 3.64%, which is 32% below median its own 10-year median of 5.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanjing Iron & Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Nanjing Iron & Steel Co (SHSE:600282) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥4.17, compared to a current price of ¥4.86 — trading 16.5% above its estimated fair value. The current Return-on-Tangible-Asset is 3.64%, which is 32% below median its 10-year median of 5.34 and 77.1% above the Steel industry median of 2.06. Nanjing Iron & Steel Co's overall GF Score™ is 73/100 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 Nanjing Iron & Steel Co (SHSE:600282), the current Return-on-Tangible-Asset is 3.64% 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 Nanjing Iron & Steel Co (SHSE:600282) Overvalued in 2026?
Based on GuruFocus' analysis, Nanjing Iron & Steel Co stock appears to be overvalued.
The current stock price of ¥4.86 is trading 16.5% above its estimated GF Value™ of ¥4.17.
GuruFocus considers Nanjing Iron & Steel Co to be Modestly Overvalued.
Key valuation signals for SHSE:600282:
Return-on-Tangible-Asset: 3.64% (32% below median its 10-year median of 5.34)
GF Value™: ¥4.17 vs. price of ¥4.86 (16.5% above fair value)
Industry Position: 77.1% above the Steel median (#178 of 634)
No single metric tells the full story. See the SHSE:600282 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nanjing Iron & Steel Co Ltd is a China-based company engaged in the business of the production and sale of steel products. The company produces rolls, bars, high-speed wire, strips, and other steel products. The products are used in LNG storage and utilization, shipbuilding and marine engineering, high-speed railway, power steel, automotive steel, bridges, and other industries. The company sells its products in China and other international countries.
73GF Score
Get the complete analysis for SHSE:600282
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:600282 has been successfully added to your 
