Shanghai Yimin Commercial Group Co (SHSE:600824) Return-on-Tangible-Asset: 2.56% (As of Mar. 2026) — 21% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600824 Shanghai Yimin Commercial Group Co Ltd SHSE:600824
58 GF Score
Price ¥3.64
GF Value ¥2.76
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Shanghai Yimin Commercial Group Co Return-on-Tangible-Asset?

Shanghai Yimin Commercial Group Co SHSE:600824 +1.68% 58 Return-on-Tangible-Asset is 2.56% as of Mar. 2026, which is 21% below its 10-year median of 3.23. GuruFocus rates SHSE:600824 with a GF Score™ of 58/100 and a GF Value™ of ¥2.76 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,138 Retail - Cyclical companies, Shanghai Yimin Commercial Group Co ranks better than 58.52% 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. Shanghai Yimin Commercial Group Co's annualized Net Income for the quarter that ended in Mar. 2026 was ¥75.4 Mil. Shanghai Yimin Commercial Group Co's average total tangible assets for the quarter that ended in Mar. 2026 was ¥2,948.3 Mil. Therefore, Shanghai Yimin Commercial Group Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.56%.

The historical rank and industry rank for Shanghai Yimin Commercial Group Co's Return-on-Tangible-Asset or its related term are showing as below:

SHSE:600824' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -8.8   Med: 3.23   Max: 5.49
Current: 4.4

During the past 13 years, Shanghai Yimin Commercial Group Co's highest Return-on-Tangible-Asset was 5.49%. The lowest was -8.80%. And the median was 3.23%.

SHSE:600824's Return-on-Tangible-Asset is ranked better than
58.52% of 1138 companies
in the Retail - Cyclical industry
Industry Median: 3.01 vs SHSE:600824: 4.40

Shanghai Yimin Commercial Group Co  (SHSE:600824) 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.


Shanghai Yimin Commercial Group Co Return-on-Tangible-Asset Related Terms


Shanghai Yimin Commercial Group Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Shanghai Yimin Commercial Group 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.

Shanghai Yimin Commercial Group Co Return-on-Tangible-Asset Chart

Shanghai Yimin Commercial Group 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 2.63 -8.80 1.85 1.23 4.18

Shanghai Yimin Commercial Group 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 1.91 1.50 -0.72 14.19 2.56

SHSE:600824 vs DDS: Return-on-Tangible-Asset Comparison

For the Department Stores subindustry, Shanghai Yimin Commercial 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 Yimin Commercial Group Co Return-on-Tangible-Asset vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shanghai Yimin Commercial Group Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Shanghai Yimin Commercial Group Co's Return-on-Tangible-Asset falls into.


SHSE:600824
58GF Score
Shanghai Yimin Commercial Group Co Ltd SHSE:600824
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Yimin Commercial Group Co Return-on-Tangible-Asset Calculation

Shanghai Yimin Commercial Group 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 )
=121.603/( (2864.226+2951.869)/ 2 )
=121.603/2908.0475
=4.18 %

Shanghai Yimin Commercial Group 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 )
=75.436/( (2951.869+2944.653)/ 2 )
=75.436/2948.261
=2.56 %

* 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 2.56% mean?
Shanghai Yimin Commercial Group Co (SHSE:600824) has a Return-on-Tangible-Asset of 2.56% 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 Yimin Commercial Group Co and its competitors. This is 21% below median its historical median of 3.23. According to the industry distribution chart, Shanghai Yimin Commercial Group Co ranks #472 out of 1138 companies in the Retail - Cyclical industry, placing it in the top 41.5%.
Is Shanghai Yimin Commercial Group Co's Return-on-Tangible-Asset too high?
Shanghai Yimin Commercial Group Co's current Return-on-Tangible-Asset of 2.56% is 21% below median its 10-year median of 3.23. The Retail - Cyclical industry median Return-on-Tangible-Asset is 3.01. Shanghai Yimin Commercial Group Co's value of 2.56% is 15% below this industry median. Based on the distribution chart, Shanghai Yimin Commercial Group Co ranks #472 out of 1138 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Shanghai Yimin Commercial Group Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Yimin Commercial Group Co's Return-on-Tangible-Asset compare to DDS?
According to the Retail - Cyclical industry distribution chart, Shanghai Yimin Commercial Group Co ranks #472 out of 1138 companies for Return-on-Tangible-Asset. This puts Shanghai Yimin Commercial Group Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.01. Shanghai Yimin Commercial Group Co's value of 2.56% is 15% below this benchmark. While the company's 10-year median is 3.23 vs. the industry median of 3.01, Shanghai Yimin Commercial Group 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 Retail - Cyclical company?
The median Return-on-Tangible-Asset among Retail - Cyclical companies is 3.01, based on 1,138 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 Yimin Commercial Group Co's current Return-on-Tangible-Asset of 2.56% is 15% 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 Shanghai Yimin Commercial Group Co and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Asset is 3.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Yimin Commercial Group Co's current Return-on-Tangible-Asset is 2.56%, which is 21% below median its own 10-year median of 3.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Yimin Commercial Group Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Yimin Commercial Group Co (SHSE:600824) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥2.76, compared to a current price of ¥3.64 — trading 31.9% above its estimated fair value. The current Return-on-Tangible-Asset is 2.56%, which is 21% below median its 10-year median of 3.23 and 15% below the Retail - Cyclical industry median of 3.01. Shanghai Yimin Commercial Group Co's overall GF Score™ is 58/100 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 Shanghai Yimin Commercial Group Co (SHSE:600824), the current Return-on-Tangible-Asset is 2.56% 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 Yimin Commercial Group Co (SHSE:600824) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Yimin Commercial Group Co stock appears to be overvalued. The current stock price of ¥3.64 is trading 31.9% above its estimated GF Value™ of ¥2.76. GuruFocus considers Shanghai Yimin Commercial Group Co to be Significantly Overvalued.

Key valuation signals for SHSE:600824:

  • Return-on-Tangible-Asset: 2.56% (21% below median its 10-year median of 3.23)
  • GF Value™: ¥2.76 vs. price of ¥3.64 (31.9% above fair value)
  • GF Score™: 58/100 with 3 warning signs
  • Industry Position: 15% below the Retail - Cyclical median (#472 of 1138)

No single metric tells the full story. See the SHSE:600824 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Yimin Commercial Group Co Business Description

Address No. 809A Huaihai Middle Road, Shanghai, Shanghai, CHN, 200020
Shanghai Yimin Commercial Group Co Ltd engages in a variety of commercial business. Its main business areas include commercial chain development, commercial real estate operations, quasi-financial services, and equity investment cooperation. The company mainly operates businesses in Shanghai.
58GF Score

Get the complete analysis for SHSE:600824

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

¥3.64
Price
¥2.76
GF Value