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Jiangsu Zongyi CoSHSE:600770 -0.19%58 Return-on-Tangible-Asset is 2.16% as of Jun. 2026, which is 140% above its 10-year median of 0.90. GuruFocus rates SHSE:600770 with a GF Score™ of 58/100 and a GF Value™ of ¥7.76 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,029 Semiconductors companies, Jiangsu Zongyi Co ranks worse than 52.38% 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. Jiangsu Zongyi Co's annualizedNet Income for the quarter that ended in Jun. 2026 was ¥128.1 Mil. Jiangsu Zongyi Co's average total tangible assets for the quarter that ended in Jun. 2026 was ¥5,926.5 Mil. Therefore, Jiangsu Zongyi Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 2.16%.
The historical rank and industry rank for Jiangsu Zongyi Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:600770'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.75 Med: 0.9 Max: 2.86
Current: 2.35
During the past 13 years, Jiangsu Zongyi Co's highest Return-on-Tangible-Asset was 2.86%. The lowest was -5.75%. And the median was 0.90%.
SHSE:600770's Return-on-Tangible-Asset is ranked worse than 52.38% of 1029
companies
in the Semiconductors industry
Industry Median: 2.84
vs SHSE:600770: 2.35
Jiangsu Zongyi Co (SHSE:600770) 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.
Jiangsu Zongyi Co Return-on-Tangible-Asset Related Terms
Jiangsu Zongyi Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Jiangsu Zongyi 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.
SHSE:600770 vs NVDA, AVGO, MU: Return-on-Tangible-Asset Comparison
For the Semiconductors subindustry, Jiangsu Zongyi 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.
Jiangsu Zongyi Co Return-on-Tangible-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Jiangsu Zongyi Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Jiangsu Zongyi 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 2.16% mean?
Jiangsu Zongyi Co (SHSE:600770) has a Return-on-Tangible-Asset of 2.16% 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 Jiangsu Zongyi Co and its competitors. This is 140% above median its historical median of 0.90. According to the industry distribution chart, Jiangsu Zongyi Co ranks #539 out of 1029 companies in the Semiconductors industry, placing it in the top 52.4%.
Is Jiangsu Zongyi Co's Return-on-Tangible-Asset too high?
Jiangsu Zongyi Co's current Return-on-Tangible-Asset of 2.16% is 140% above median its 10-year median of 0.90. The Semiconductors industry median Return-on-Tangible-Asset is 2.84. Jiangsu Zongyi Co's value of 2.16% is 23.9% below this industry median. Based on the distribution chart, Jiangsu Zongyi Co ranks #539 out of 1029 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Jiangsu Zongyi Co has a GF Score™ of 58/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Zongyi Co's Return-on-Tangible-Asset compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Jiangsu Zongyi Co ranks #539 out of 1029 companies for Return-on-Tangible-Asset. This places Jiangsu Zongyi Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.84. Jiangsu Zongyi Co's value of 2.16% is 23.9% below this benchmark. While the company's 10-year median is 0.90 vs. the industry median of 2.84, Jiangsu Zongyi 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 Semiconductors company?
The median Return-on-Tangible-Asset among Semiconductors companies is 2.84, based on 1,029 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. Jiangsu Zongyi Co's current Return-on-Tangible-Asset of 2.16% is 23.9% 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 Jiangsu Zongyi Co and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Asset is 2.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Zongyi Co's current Return-on-Tangible-Asset is 2.16%, which is 140% above median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Zongyi Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Zongyi Co (SHSE:600770) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥7.76, compared to a current price of ¥5.24 — trading 32.5% below its estimated fair value. The current Return-on-Tangible-Asset is 2.16%, which is 140% above median its 10-year median of 0.90 and 23.9% below the Semiconductors industry median of 2.84. Jiangsu Zongyi Co's overall GF Score™ is 58/100 with 2 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 Jiangsu Zongyi Co (SHSE:600770), the current Return-on-Tangible-Asset is 2.16% 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 Jiangsu Zongyi Co (SHSE:600770) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu Zongyi Co stock appears to be undervalued.
The current stock price of ¥5.24 is trading 32.5% below its estimated GF Value™ of ¥7.76.
GuruFocus considers Jiangsu Zongyi Co to be Significantly Undervalued.
Key valuation signals for SHSE:600770:
Return-on-Tangible-Asset: 2.16% (140% above median its 10-year median of 0.90)
GF Value™: ¥7.76 vs. price of ¥5.24 (32.5% below fair value)
Industry Position: 23.9% below the Semiconductors median (#539 of 1029)
No single metric tells the full story. See the SHSE:600770 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangsu Zongyi Co Ltd is a China-based supplier of solar photovoltaic (PV) system integration and the operator of PV power plant construction. The company has built and operated photovoltaic power plants in different countries such as the United States, Germany, Italy, Czech Republic, Bulgaria, and others.
58GF Score
Get the complete analysis for SHSE:600770
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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