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Shanghai Lingang HoldingsSHSE:600848 -0.70%67 Return-on-Tangible-Asset is 0.39% as of Mar. 2026, which is 88% below its 10-year median of 3.22. GuruFocus rates SHSE:600848 with a GF Score™ of 67/100 and a GF Value™ of ¥10.67 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 1,799 Real Estate companies, Shanghai Lingang Holdings ranks worse than 56.59% 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 Lingang Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥335 Mil. Shanghai Lingang Holdings's average total tangible assets for the quarter that ended in Mar. 2026 was ¥87,113 Mil. Therefore, Shanghai Lingang Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.39%.
The historical rank and industry rank for Shanghai Lingang Holdings's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:600848'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.07 Med: 3.22 Max: 5.9
Current: 1.07
During the past 13 years, Shanghai Lingang Holdings's highest Return-on-Tangible-Asset was 5.90%. The lowest was 1.07%. And the median was 3.22%.
SHSE:600848's Return-on-Tangible-Asset is ranked worse than 56.59% of 1799
companies
in the Real Estate industry
Industry Median: 1.89
vs SHSE:600848: 1.07
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 Lingang Holdings Return-on-Tangible-Asset Related Terms
Shanghai Lingang Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Shanghai Lingang Holdings'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:600848 vs CBRE, BEKE, JLL: Return-on-Tangible-Asset Comparison
For the Real Estate Services subindustry, Shanghai Lingang Holdings'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 Lingang Holdings Return-on-Tangible-Asset vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Shanghai Lingang Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Shanghai Lingang Holdings'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 0.39% mean?
Shanghai Lingang Holdings (SHSE:600848) has a Return-on-Tangible-Asset of 0.39% 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 Lingang Holdings and its competitors. This is 88% below median its historical median of 3.22. Over the past decade, Shanghai Lingang Holdings' Return-on-Tangible-Asset has ranged from 1.07 to 5.90. According to the industry distribution chart, Shanghai Lingang Holdings ranks #1018 out of 1799 companies in the Real Estate industry, placing it in the top 56.6%.
Is Shanghai Lingang Holdings' Return-on-Tangible-Asset too high?
Shanghai Lingang Holdings' current Return-on-Tangible-Asset of 0.39% is 88% below median its 10-year median of 3.22. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 5.90. The Real Estate industry median Return-on-Tangible-Asset is 1.89. Shanghai Lingang Holdings' value of 0.39% is 79.4% below this industry median. Based on the distribution chart, Shanghai Lingang Holdings ranks #1018 out of 1799 companies in the Real Estate industry, which is below the industry midpoint. Overall, Shanghai Lingang Holdings has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Lingang Holdings' Return-on-Tangible-Asset compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Shanghai Lingang Holdings ranks #1018 out of 1799 companies for Return-on-Tangible-Asset. This places Shanghai Lingang Holdings in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.89. Shanghai Lingang Holdings' value of 0.39% is 79.4% below this benchmark. Historically, Shanghai Lingang Holdings' own Return-on-Tangible-Asset has ranged from 1.07 to 5.90 over the past decade. While the company's 10-year median is 3.22 vs. the industry median of 1.89, Shanghai Lingang Holdings 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 Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.89, based on 1,799 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 Lingang Holdings's current Return-on-Tangible-Asset of 0.39% is 79.4% 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 Lingang Holdings and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Lingang Holdings's current Return-on-Tangible-Asset is 0.39%, which is 88% below median its own 10-year median of 3.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Lingang Holdings stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Lingang Holdings (SHSE:600848) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥10.67, compared to a current price of ¥8.46 — trading 20.7% below its estimated fair value. The current Return-on-Tangible-Asset is 0.39%, which is 88% below median its 10-year median of 3.22 and 79.4% below the Real Estate industry median of 1.89. Shanghai Lingang Holdings' overall GF Score™ is 67/100 with 9 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 Lingang Holdings (SHSE:600848), the current Return-on-Tangible-Asset is 0.39% 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 Lingang Holdings (SHSE:600848) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Lingang Holdings stock appears to be undervalued.
The current stock price of ¥8.46 is trading 20.7% below its estimated GF Value™ of ¥10.67.
GuruFocus considers Shanghai Lingang Holdings to be Modestly Undervalued.
Key valuation signals for SHSE:600848:
Return-on-Tangible-Asset: 0.39% (88% below median its 10-year median of 3.22)
GF Value™: ¥10.67 vs. price of ¥8.46 (20.7% below fair value)
Industry Position: 79.4% below the Real Estate median (#1018 of 1799)
No single metric tells the full story. See the SHSE:600848 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Lingang Holdings Corp Ltd is a real estate company. It provides operations and production services for industrial carriers, park development, and other integrated park services. The types of industrial carriers developed include R&D buildings, headquarters commercial buildings, and bonded logistics warehouses.
67GF Score
Get the complete analysis for SHSE:600848
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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