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Kangmei Pharmaceutical CoSHSE:600518 -1.42%52 Return-on-Tangible-Asset is 1.65% as of Jun. 2026, which is 416% above its 10-year median of 0.32. GuruFocus rates SHSE:600518 with a GF Score™ of 52/100 and a GF Value™ of ¥1.67 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,007 Drug Manufacturers companies, Kangmei Pharmaceutical Co ranks worse than 62.36% 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. Kangmei Pharmaceutical Co's annualizedNet Income for the quarter that ended in Jun. 2026 was ¥210 Mil. Kangmei Pharmaceutical Co's average total tangible assets for the quarter that ended in Jun. 2026 was ¥12,743 Mil. Therefore, Kangmei Pharmaceutical Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 1.65%.
The historical rank and industry rank for Kangmei Pharmaceutical Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:600518'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -65.7 Med: 0.32 Max: 33.32
Current: 0.23
During the past 13 years, Kangmei Pharmaceutical Co's highest Return-on-Tangible-Asset was 33.32%. The lowest was -65.70%. And the median was 0.32%.
SHSE:600518's Return-on-Tangible-Asset is ranked worse than 62.36% of 1007
companies
in the Drug Manufacturers industry
Industry Median: 2.79
vs SHSE:600518: 0.23
Kangmei Pharmaceutical Co (SHSE:600518) 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.
Kangmei Pharmaceutical Co Return-on-Tangible-Asset Related Terms
Kangmei Pharmaceutical Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Kangmei Pharmaceutical 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.
Kangmei Pharmaceutical Co Return-on-Tangible-Asset Chart
SHSE:600518 vs ZTS: Return-on-Tangible-Asset Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, Kangmei Pharmaceutical 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.
Kangmei Pharmaceutical Co Return-on-Tangible-Asset vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Kangmei Pharmaceutical Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Kangmei Pharmaceutical 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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 1.65% mean?
Kangmei Pharmaceutical Co (SHSE:600518) has a Return-on-Tangible-Asset of 1.65% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Kangmei Pharmaceutical Co and its competitors. This is 416% above median its historical median of 0.32. According to the industry distribution chart, Kangmei Pharmaceutical Co ranks #628 out of 1007 companies in the Drug Manufacturers industry, placing it in the top 62.4%.
Is Kangmei Pharmaceutical Co's Return-on-Tangible-Asset too high?
Kangmei Pharmaceutical Co's current Return-on-Tangible-Asset of 1.65% is 416% above median its 10-year median of 0.32. The Drug Manufacturers industry median Return-on-Tangible-Asset is 2.79. Kangmei Pharmaceutical Co's value of 1.65% is 40.9% below this industry median. Based on the distribution chart, Kangmei Pharmaceutical Co ranks #628 out of 1007 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Kangmei Pharmaceutical Co has a GF Score™ of 52/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kangmei Pharmaceutical Co's Return-on-Tangible-Asset compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Kangmei Pharmaceutical Co ranks #628 out of 1007 companies for Return-on-Tangible-Asset. This places Kangmei Pharmaceutical Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.79. Kangmei Pharmaceutical Co's value of 1.65% is 40.9% below this benchmark. While the company's 10-year median is 0.32 vs. the industry median of 2.79, Kangmei Pharmaceutical 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 a Drug Manufacturers company?
The median Return-on-Tangible-Asset among Drug Manufacturers companies is 2.79, based on 1,007 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. Kangmei Pharmaceutical Co's current Return-on-Tangible-Asset of 1.65% is 40.9% 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 Kangmei Pharmaceutical Co and its competitors. For the Drug Manufacturers industry, the median Return-on-Tangible-Asset is 2.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kangmei Pharmaceutical Co's current Return-on-Tangible-Asset is 1.65%, which is 416% above median its own 10-year median of 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kangmei Pharmaceutical Co stock overvalued right now?
Based on GuruFocus' analysis, Kangmei Pharmaceutical Co (SHSE:600518) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥1.67, compared to a current price of ¥1.39 — trading 16.8% below its estimated fair value. The current Return-on-Tangible-Asset is 1.65%, which is 416% above median its 10-year median of 0.32 and 40.9% below the Drug Manufacturers industry median of 2.79. Kangmei Pharmaceutical Co's overall GF Score™ is 52/100 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 Kangmei Pharmaceutical Co (SHSE:600518), the current Return-on-Tangible-Asset is 1.65% as of Jun. 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 Kangmei Pharmaceutical Co (SHSE:600518) Overvalued in 2026?
Based on GuruFocus' analysis, Kangmei Pharmaceutical Co stock appears to be undervalued.
The current stock price of ¥1.39 is trading 16.8% below its estimated GF Value™ of ¥1.67.
GuruFocus considers Kangmei Pharmaceutical Co to be Modestly Undervalued.
Key valuation signals for SHSE:600518:
Return-on-Tangible-Asset: 1.65% (416% above median its 10-year median of 0.32)
GF Value™: ¥1.67 vs. price of ¥1.39 (16.8% below fair value)
Industry Position: 40.9% below the Drug Manufacturers median (#628 of 1007)
No single metric tells the full story. See the SHSE:600518 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kangmei Pharmaceutical Co Ltd is a pharmaceutical company engaged in the trading of Chinese herbal medicines, production and sales of Chinese herbal medicine slices, Chinese patent medicine preparations, health foods, chemical drugs, and medical devices, modern pharmaceutical logistics system. The company is also engaged in medical equipment, property leasing and sales, and other services.
52GF Score
Get the complete analysis for SHSE:600518
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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