Zhejiang Sunriver Culture Co (SHSE:600576) Return-on-Tangible-Asset: 2.41% (As of Mar. 2026) — 19% Below Median

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SHSE:600576 Zhejiang Sunriver Culture Co Ltd SHSE:600576
69 GF Score
Price ¥5.50
GF Value ¥13.15
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Zhejiang Sunriver Culture Co Return-on-Tangible-Asset?

Zhejiang Sunriver Culture Co SHSE:600576 -1.08% 69 Return-on-Tangible-Asset is 2.41% as of Mar. 2026, which is 19% below its 10-year median of 2.98. GuruFocus rates SHSE:600576 with a GF Score™ of 69/100 and a GF Value™ of ¥13.15 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 857 Travel & Leisure companies, Zhejiang Sunriver Culture Co ranks better than 57.18% 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 Sunriver Culture Co's annualized Net Income for the quarter that ended in Mar. 2026 was ¥72 Mil. Zhejiang Sunriver Culture Co's average total tangible assets for the quarter that ended in Mar. 2026 was ¥3,007 Mil. Therefore, Zhejiang Sunriver Culture Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.41%.

The historical rank and industry rank for Zhejiang Sunriver Culture Co's Return-on-Tangible-Asset or its related term are showing as below:

SHSE:600576' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -74.87   Med: 2.98   Max: 12.4
Current: 3.68

During the past 13 years, Zhejiang Sunriver Culture Co's highest Return-on-Tangible-Asset was 12.40%. The lowest was -74.87%. And the median was 2.98%.

SHSE:600576's Return-on-Tangible-Asset is ranked better than
57.18% of 857 companies
in the Travel & Leisure industry
Industry Median: 2.86 vs SHSE:600576: 3.68

Zhejiang Sunriver Culture Co  (SHSE:600576) 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 company’s 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 company’s 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 Sunriver Culture Co Return-on-Tangible-Asset Related Terms


Zhejiang Sunriver Culture Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Zhejiang Sunriver Culture 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 Sunriver Culture Co Return-on-Tangible-Asset Chart

Zhejiang Sunriver Culture Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.16 0.91 6.08 5.74 3.80

Zhejiang Sunriver Culture Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.12 9.66 9.69 -5.94 2.41

SHSE:600576 vs BKNG, ABNB, RCL: Return-on-Tangible-Asset Comparison

For the Travel Services subindustry, Zhejiang Sunriver Culture 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 Sunriver Culture Co Return-on-Tangible-Asset vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Zhejiang Sunriver Culture Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Zhejiang Sunriver Culture Co's Return-on-Tangible-Asset falls into.


SHSE:600576
69GF Score
Zhejiang Sunriver Culture Co Ltd SHSE:600576
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Sunriver Culture Co Return-on-Tangible-Asset Calculation

Zhejiang Sunriver Culture Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=113.526/( (2985.738+2985.041)/ 2 )
=113.526/2985.3895
=3.80 %

Zhejiang Sunriver Culture Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=72.368/( (2985.041+3028.929)/ 2 )
=72.368/3006.985
=2.41 %

* 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 2.41% mean?
Zhejiang Sunriver Culture Co (SHSE:600576) has a Return-on-Tangible-Asset of 2.41% 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 Sunriver Culture Co and its competitors. This is 19% below median its historical median of 2.98. According to the industry distribution chart, Zhejiang Sunriver Culture Co ranks #367 out of 857 companies in the Travel & Leisure industry, placing it in the top 42.8%.
Is Zhejiang Sunriver Culture Co's Return-on-Tangible-Asset too high?
Zhejiang Sunriver Culture Co's current Return-on-Tangible-Asset of 2.41% is 19% below median its 10-year median of 2.98. The Travel & Leisure industry median Return-on-Tangible-Asset is 2.86. Zhejiang Sunriver Culture Co's value of 2.41% is 15.7% below this industry median. Based on the distribution chart, Zhejiang Sunriver Culture Co ranks #367 out of 857 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Zhejiang Sunriver Culture Co has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Sunriver Culture Co's Return-on-Tangible-Asset compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Zhejiang Sunriver Culture Co ranks #367 out of 857 companies for Return-on-Tangible-Asset. This puts Zhejiang Sunriver Culture Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.86. Zhejiang Sunriver Culture Co's value of 2.41% is 15.7% below this benchmark. While the company's 10-year median is 2.98 vs. the industry median of 2.86, Zhejiang Sunriver Culture 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 Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.86, based on 857 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 Sunriver Culture Co's current Return-on-Tangible-Asset of 2.41% is 15.7% 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 Zhejiang Sunriver Culture Co and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Sunriver Culture Co's current Return-on-Tangible-Asset is 2.41%, which is 19% below median its own 10-year median of 2.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Sunriver Culture Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Sunriver Culture Co (SHSE:600576) is currently considered Possible Value Trap. The stock's GF Value™ is ¥13.15, compared to a current price of ¥5.50 — trading 58.2% below its estimated fair value. The current Return-on-Tangible-Asset is 2.41%, which is 19% below median its 10-year median of 2.98 and 15.7% below the Travel & Leisure industry median of 2.86. Zhejiang Sunriver Culture Co's overall GF Score™ is 69/100 with 5 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 Sunriver Culture Co (SHSE:600576), the current Return-on-Tangible-Asset is 2.41% 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 Sunriver Culture Co (SHSE:600576) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Sunriver Culture Co stock appears to be undervalued. The current stock price of ¥5.50 is trading 58.2% below its estimated GF Value™ of ¥13.15. GuruFocus considers Zhejiang Sunriver Culture Co to be Possible Value Trap.

Key valuation signals for SHSE:600576:

  • Return-on-Tangible-Asset: 2.41% (19% below median its 10-year median of 2.98)
  • GF Value™: ¥13.15 vs. price of ¥5.50 (58.2% below fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 15.7% below the Travel & Leisure median (#367 of 857)

No single metric tells the full story. See the SHSE:600576 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Sunriver Culture Co Business Description

Address No. 1 Miduqiao Road, 12th Floor, Baima Building, Hangzhou, CHN, 310005
Zhejiang Sunriver Culture Co Ltd is a China-based company with scenic destination business engaged in development of cultural tourism technology innovation. The company has formed a business pattern of synergistic development of destination vacation, travel services, culture and consumption, and digital technology.
69GF Score

Get the complete analysis for SHSE:600576

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥5.50
Price
¥13.15
GF Value