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Shanghai Zhenhua Heavy Industries CoSHSE:600320 -0.71%79 Return-on-Tangible-Asset is 1.96% as of Mar. 2026, which is 216% above its 10-year median of 0.62. GuruFocus rates SHSE:600320 with a GF Score™ of 79/100 and a GF Value™ of ¥4.63 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 3,074 Industrial Products companies, Shanghai Zhenhua Heavy Industries Co ranks worse than 66.36% on this metric.
The historical rank and industry rank for Shanghai Zhenhua Heavy Industries Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:600320'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.38 Med: 0.62 Max: 1.1
Current: 1.1
During the past 13 years, Shanghai Zhenhua Heavy Industries Co's highest Return-on-Tangible-Asset was 1.10%. The lowest was 0.38%. And the median was 0.62%.
SHSE:600320's Return-on-Tangible-Asset is ranked worse than 66.36% of 3074
companies
in the Industrial Products industry
Industry Median: 3.25
vs SHSE:600320: 1.10
Shanghai Zhenhua Heavy Industries Co (SHSE:600320) 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.
Shanghai Zhenhua Heavy Industries Co Return-on-Tangible-Asset Related Terms
Shanghai Zhenhua Heavy Industries Co 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.
Shanghai Zhenhua Heavy Industries Co Return-on-Tangible-Asset Chart
SHSE:600320 vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, Shanghai Zhenhua Heavy Industries 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.
Shanghai Zhenhua Heavy Industries Co Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shanghai Zhenhua Heavy Industries Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Shanghai Zhenhua Heavy Industries 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 1.96% mean?
Shanghai Zhenhua Heavy Industries Co (SHSE:600320) has a Return-on-Tangible-Asset of 1.96% 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 Shanghai Zhenhua Heavy Industries Co and its competitors. This is 216% above median its historical median of 0.62. Over the past decade, Shanghai Zhenhua Heavy Industries Co's Return-on-Tangible-Asset has ranged from 0.38 to 1.10. According to the industry distribution chart, Shanghai Zhenhua Heavy Industries Co ranks #2040 out of 3074 companies in the Industrial Products industry, placing it in the top 66.4%.
Is Shanghai Zhenhua Heavy Industries Co's Return-on-Tangible-Asset too high?
Shanghai Zhenhua Heavy Industries Co's current Return-on-Tangible-Asset of 1.96% is 216% above median its 10-year median of 0.62. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 1.10. The Industrial Products industry median Return-on-Tangible-Asset is 3.25. Shanghai Zhenhua Heavy Industries Co's value of 1.96% is 39.7% below this industry median. Based on the distribution chart, Shanghai Zhenhua Heavy Industries Co ranks #2040 out of 3074 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Shanghai Zhenhua Heavy Industries Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Zhenhua Heavy Industries Co's Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shanghai Zhenhua Heavy Industries Co ranks #2040 out of 3074 companies for Return-on-Tangible-Asset. This places Shanghai Zhenhua Heavy Industries Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.25. Shanghai Zhenhua Heavy Industries Co's value of 1.96% is 39.7% below this benchmark. Historically, Shanghai Zhenhua Heavy Industries Co's own Return-on-Tangible-Asset has ranged from 0.38 to 1.10 over the past decade. While the company's 10-year median is 0.62 vs. the industry median of 3.25, Shanghai Zhenhua Heavy Industries 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. Shanghai Zhenhua Heavy Industries Co's current Return-on-Tangible-Asset of 1.96% is 39.7% 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 Shanghai Zhenhua Heavy Industries 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. Shanghai Zhenhua Heavy Industries Co's current Return-on-Tangible-Asset is 1.96%, which is 216% above median its own 10-year median of 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Zhenhua Heavy Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Zhenhua Heavy Industries Co (SHSE:600320) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.63, compared to a current price of ¥4.17 — trading 9.9% below its estimated fair value. The current Return-on-Tangible-Asset is 1.96%, which is 216% above median its 10-year median of 0.62 and 39.7% below the Industrial Products industry median of 3.25. Shanghai Zhenhua Heavy Industries Co's overall GF Score™ is 79/100 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 Shanghai Zhenhua Heavy Industries Co (SHSE:600320), the current Return-on-Tangible-Asset is 1.96% 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 Shanghai Zhenhua Heavy Industries Co (SHSE:600320) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Zhenhua Heavy Industries Co stock appears to be undervalued.
The current stock price of ¥4.17 is trading 9.9% below its estimated GF Value™ of ¥4.63.
GuruFocus considers Shanghai Zhenhua Heavy Industries Co to be Modestly Undervalued.
Key valuation signals for SHSE:600320:
Return-on-Tangible-Asset: 1.96% (216% above median its 10-year median of 0.62)
GF Value™: ¥4.63 vs. price of ¥4.17 (9.9% below fair value)
Industry Position: 39.7% below the Industrial Products median (#2040 of 3074)
No single metric tells the full story. See the SHSE:600320 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Zhenhua Heavy Industries Co Ltd manufactures heavy equipment and offers product design and aftermarket services. It constructs large port loading systems and equipment, offshore heavy equipment, engineering machinery, ships, and other large structures. In addition, the company offers environment-friendly devices, including wind power, sea water desalination, sewage treatment, and recycling equipment. Research centers and technologies help meet customers' needs, and provide innovative solutions to enhance operational performance. Offices with regional parts are scattered across the globe to supply timely responses and support preventive maintenance. The majority of total revenue comes from Asia, but the company has diversified operations to several continents.
79GF Score
Get the complete analysis for SHSE:600320
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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