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SHSE:600638's Return-on-Tangible-Asset is ranked worse than 61.55% of 1797
companies
in the Real Estate industry
Industry Median: 1.86
vs SHSE:600638: 0.63
Shanghai New Huang Pu Industrial Group Co (SHSE:600638) 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 New Huang Pu Industrial Group Co Return-on-Tangible-Asset Related Terms
Shanghai New Huang Pu Industrial Group 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 New Huang Pu Industrial Group Co Return-on-Tangible-Asset Chart
Shanghai New Huang Pu Industrial Group Co Annual Data
Shanghai New Huang Pu Industrial Group Co Return-on-Tangible-Asset Competitor Comparison
For the Real Estate - Development subindustry, Shanghai New Huang Pu Industrial 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.
Shanghai New Huang Pu Industrial Group Co Return-on-Tangible-Asset vs Real Estate Industry
* 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 2.71% mean?
Shanghai New Huang Pu Industrial Group Co (SHSE:600638) has a Return-on-Tangible-Asset of 2.71% 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 New Huang Pu Industrial Group Co and its competitors. This is 477% above median its historical median of 0.47. According to the industry distribution chart, Shanghai New Huang Pu Industrial Group Co ranks #1106 out of 1797 companies in the Real Estate industry, placing it in the top 61.5%.
Is Shanghai New Huang Pu Industrial Group Co's Return-on-Tangible-Asset too high?
Shanghai New Huang Pu Industrial Group Co's current Return-on-Tangible-Asset of 2.71% is 477% above median its 10-year median of 0.47. The Real Estate industry median Return-on-Tangible-Asset is 1.86. Shanghai New Huang Pu Industrial Group Co's value of 2.71% is 45.7% above this industry median. Based on the distribution chart, Shanghai New Huang Pu Industrial Group Co ranks #1106 out of 1797 companies in the Real Estate industry, which is below the industry midpoint. Overall, Shanghai New Huang Pu Industrial Group Co has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai New Huang Pu Industrial Group Co's Return-on-Tangible-Asset compare to competitors?
According to the Real Estate industry distribution chart, Shanghai New Huang Pu Industrial Group Co ranks #1106 out of 1797 companies for Return-on-Tangible-Asset. This places Shanghai New Huang Pu Industrial Group Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.86. Shanghai New Huang Pu Industrial Group Co's value of 2.71% is 45.7% above this benchmark. While the company's 10-year median is 0.47 vs. the industry median of 1.86, Shanghai New Huang Pu Industrial Group 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 Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.86, based on 1,797 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 New Huang Pu Industrial Group Co's current Return-on-Tangible-Asset of 2.71% is 45.7% 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 Shanghai New Huang Pu Industrial Group Co and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai New Huang Pu Industrial Group Co's current Return-on-Tangible-Asset is 2.71%, which is 477% above median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai New Huang Pu Industrial Group Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai New Huang Pu Industrial Group Co (SHSE:600638) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥3.95, compared to a current price of ¥4.88 — trading 23.5% above its estimated fair value. The current Return-on-Tangible-Asset is 2.71%, which is 477% above median its 10-year median of 0.47 and 45.7% above the Real Estate industry median of 1.86. Shanghai New Huang Pu Industrial Group Co's overall GF Score™ is 62/100 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 Shanghai New Huang Pu Industrial Group Co (SHSE:600638), the current Return-on-Tangible-Asset is 2.71% 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 New Huang Pu Industrial Group Co (SHSE:600638) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai New Huang Pu Industrial Group Co stock appears to be overvalued.
The current stock price of ¥4.88 is trading 23.5% above its estimated GF Value™ of ¥3.95.
GuruFocus considers Shanghai New Huang Pu Industrial Group Co to be Modestly Overvalued.
Key valuation signals for SHSE:600638:
Return-on-Tangible-Asset: 2.71% (477% above median its 10-year median of 0.47)
GF Value™: ¥3.95 vs. price of ¥4.88 (23.5% above fair value)
Industry Position: 45.7% above the Real Estate median (#1106 of 1797)
No single metric tells the full story. See the SHSE:600638 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai New Huang Pu Industrial Group Co Ltd engages in the real estate business in China. It develops commercial buildings and residential communities. It is also involved in financial investment and futures, park construction and management, professional electronics market operations, property management, real estate services and consulting service trade, and other businesses.
62GF Score
Get the complete analysis for SHSE:600638
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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