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Shanxi Xinghuacun Fen Wine Factory CoSHSE:600809 86 Return-on-Tangible-Asset is 36.40% as of Mar. 2026, which is 87% above its 10-year median of 19.42. GuruFocus rates SHSE:600809 with a GF Score™ of 86/100 and a GF Value™ of ¥208.45 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 212 Beverages - Alcoholic companies, Shanxi Xinghuacun Fen Wine Factory Co ranks better than 95.75% on this metric.
The historical rank and industry rank for Shanxi Xinghuacun Fen Wine Factory Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:600809'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 8.86 Med: 19.42 Max: 26.61
Current: 19.48
During the past 13 years, Shanxi Xinghuacun Fen Wine Factory Co's highest Return-on-Tangible-Asset was 26.61%. The lowest was 8.86%. And the median was 19.42%.
SHSE:600809's Return-on-Tangible-Asset is ranked better than 95.75% of 212
companies
in the Beverages - Alcoholic industry
Industry Median: 3.1
vs SHSE:600809: 19.48
Shanxi Xinghuacun Fen Wine Factory Co (SHSE:600809) 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.
Shanxi Xinghuacun Fen Wine Factory Co Return-on-Tangible-Asset Related Terms
Shanxi Xinghuacun Fen Wine Factory 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.
Shanxi Xinghuacun Fen Wine Factory Co Return-on-Tangible-Asset Chart
SHSE:600809 vs BF.B: Return-on-Tangible-Asset Comparison
For the Beverages - Wineries & Distilleries subindustry, Shanxi Xinghuacun Fen Wine Factory 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.
Shanxi Xinghuacun Fen Wine Factory Co Return-on-Tangible-Asset vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Shanxi Xinghuacun Fen Wine Factory Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Shanxi Xinghuacun Fen Wine Factory 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 36.40% mean?
Shanxi Xinghuacun Fen Wine Factory Co (SHSE:600809) has a Return-on-Tangible-Asset of 36.40% 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 Shanxi Xinghuacun Fen Wine Factory Co and its competitors. This is 87% above median its historical median of 19.42. Over the past decade, Shanxi Xinghuacun Fen Wine Factory Co's Return-on-Tangible-Asset has ranged from 8.86 to 26.61. According to the industry distribution chart, Shanxi Xinghuacun Fen Wine Factory Co ranks #9 out of 212 companies in the Beverages - Alcoholic industry, placing it in the top 4.2%.
Is Shanxi Xinghuacun Fen Wine Factory Co's Return-on-Tangible-Asset too high?
Shanxi Xinghuacun Fen Wine Factory Co's current Return-on-Tangible-Asset of 36.40% is 87% above median its 10-year median of 19.42. Over the past 10 years, this metric has ranged from a low of 8.86 to a high of 26.61. The Beverages - Alcoholic industry median Return-on-Tangible-Asset is 3.10. Shanxi Xinghuacun Fen Wine Factory Co's value of 36.40% is 1074.2% above this industry median. Based on the distribution chart, Shanxi Xinghuacun Fen Wine Factory Co ranks #9 out of 212 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Shanxi Xinghuacun Fen Wine Factory Co has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanxi Xinghuacun Fen Wine Factory Co's Return-on-Tangible-Asset compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Shanxi Xinghuacun Fen Wine Factory Co ranks #9 out of 212 companies for Return-on-Tangible-Asset. This places Shanxi Xinghuacun Fen Wine Factory Co in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.10. Shanxi Xinghuacun Fen Wine Factory Co's value of 36.40% is 1074.2% above this benchmark. Historically, Shanxi Xinghuacun Fen Wine Factory Co's own Return-on-Tangible-Asset has ranged from 8.86 to 26.61 over the past decade. While the company's 10-year median is 19.42 vs. the industry median of 3.10, Shanxi Xinghuacun Fen Wine Factory 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 Beverages - Alcoholic company?
The median Return-on-Tangible-Asset among Beverages - Alcoholic companies is 3.10, based on 212 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. Shanxi Xinghuacun Fen Wine Factory Co's current Return-on-Tangible-Asset of 36.40% is 1074.2% 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 Shanxi Xinghuacun Fen Wine Factory Co and its competitors. For the Beverages - Alcoholic industry, the median Return-on-Tangible-Asset is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanxi Xinghuacun Fen Wine Factory Co's current Return-on-Tangible-Asset is 36.40%, which is 87% above median its own 10-year median of 19.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanxi Xinghuacun Fen Wine Factory Co stock overvalued right now?
Based on GuruFocus' analysis, Shanxi Xinghuacun Fen Wine Factory Co (SHSE:600809) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥208.45, compared to a current price of ¥121.85 — trading 41.5% below its estimated fair value. The current Return-on-Tangible-Asset is 36.40%, which is 87% above median its 10-year median of 19.42 and 1074.2% above the Beverages - Alcoholic industry median of 3.10. Shanxi Xinghuacun Fen Wine Factory Co's overall GF Score™ is 86/100 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 Shanxi Xinghuacun Fen Wine Factory Co (SHSE:600809), the current Return-on-Tangible-Asset is 36.40% 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 Shanxi Xinghuacun Fen Wine Factory Co (SHSE:600809) Overvalued in 2026?
Based on GuruFocus' analysis, Shanxi Xinghuacun Fen Wine Factory Co stock appears to be undervalued.
The current stock price of ¥121.85 is trading 41.5% below its estimated GF Value™ of ¥208.45.
GuruFocus considers Shanxi Xinghuacun Fen Wine Factory Co to be Significantly Undervalued.
Key valuation signals for SHSE:600809:
Return-on-Tangible-Asset: 36.40% (87% above median its 10-year median of 19.42)
GF Value™: ¥208.45 vs. price of ¥121.85 (41.5% below fair value)
Industry Position: 1074.2% above the Beverages - Alcoholic median (#9 of 212)
No single metric tells the full story. See the SHSE:600809 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanxi Fen Wine is a typical light-flavored baijiu, featuring a fresher, lighter, and purer taste compared with jiang-flavored and rich-flavored spirits. The company offers a comprehensive product portfolio, covering subpremium, mid- to high-range, and low-end products, including subpremium brand Qinghua series, midrange products Panama and Laobaifen, and low end Bofen. The State-Owned Assets Supervision and Administration Commission of Shanxi province controls 51% of Shanxi Fen Wine.
86GF Score
Get the complete analysis for SHSE:600809
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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