Beijing Aerospace Changfeng Co (SHSE:600855) Return-on-Tangible-Asset: -4.73% (As of Mar. 2026)

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SHSE:600855 Beijing Aerospace Changfeng Co Ltd SHSE:600855
57 GF Score
Price ¥12.22
GF Value ¥10.62
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Beijing Aerospace Changfeng Co Return-on-Tangible-Asset?

Beijing Aerospace Changfeng Co SHSE:600855 +2.09% 57 Return-on-Tangible-Asset is -4.73% as of Mar. 2026. GuruFocus rates SHSE:600855 with a GF Score™ of 57/100 and a GF Value™ of ¥10.62 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 3,078 Industrial Products companies, Beijing Aerospace Changfeng Co ranks worse than 84.21% 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. Beijing Aerospace Changfeng Co's annualized Net Income for the quarter that ended in Mar. 2026 was ¥-149 Mil. Beijing Aerospace Changfeng Co's average total tangible assets for the quarter that ended in Mar. 2026 was ¥3,154 Mil. Therefore, Beijing Aerospace Changfeng Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -4.73%.

The historical rank and industry rank for Beijing Aerospace Changfeng Co's Return-on-Tangible-Asset or its related term are showing as below:

SHSE:600855' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.53   Med: 0.93   Max: 4.26
Current: -4.91

During the past 13 years, Beijing Aerospace Changfeng Co's highest Return-on-Tangible-Asset was 4.26%. The lowest was -6.53%. And the median was 0.93%.

SHSE:600855's Return-on-Tangible-Asset is ranked worse than
84.21% of 3078 companies
in the Industrial Products industry
Industry Median: 3.26 vs SHSE:600855: -4.91

Beijing Aerospace Changfeng Co  (SHSE:600855) 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.


Beijing Aerospace Changfeng Co Return-on-Tangible-Asset Related Terms


Beijing Aerospace Changfeng Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Beijing Aerospace Changfeng 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.

Beijing Aerospace Changfeng Co Return-on-Tangible-Asset Chart

Beijing Aerospace Changfeng 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 2.71 0.14 -6.07 -6.53 -5.00

Beijing Aerospace Changfeng 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 -4.79 -1.44 -2.46 -11.25 -4.73

SHSE:600855 vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison

For the Specialty Industrial Machinery subindustry, Beijing Aerospace Changfeng 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.


Beijing Aerospace Changfeng Co Return-on-Tangible-Asset vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Beijing Aerospace Changfeng Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Beijing Aerospace Changfeng Co's Return-on-Tangible-Asset falls into.


SHSE:600855
57GF Score
Beijing Aerospace Changfeng Co Ltd SHSE:600855
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Beijing Aerospace Changfeng Co Return-on-Tangible-Asset Calculation

Beijing Aerospace Changfeng 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 )
=-171.56/( (3643.322+3224.751)/ 2 )
=-171.56/3434.0365
=-5.00 %

Beijing Aerospace Changfeng 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 )
=-149.072/( (3224.751+3083.86)/ 2 )
=-149.072/3154.3055
=-4.73 %

* 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 -4.73% mean?
Beijing Aerospace Changfeng Co (SHSE:600855) has a Return-on-Tangible-Asset of -4.73% 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 Beijing Aerospace Changfeng Co and its competitors. According to the industry distribution chart, Beijing Aerospace Changfeng Co ranks #2592 out of 3078 companies in the Industrial Products industry, placing it in the top 84.2%.
Is Beijing Aerospace Changfeng Co's Return-on-Tangible-Asset too high?
Beijing Aerospace Changfeng Co's current Return-on-Tangible-Asset is -4.73%. Based on the distribution chart, Beijing Aerospace Changfeng Co ranks #2592 out of 3078 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Beijing Aerospace Changfeng Co has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Beijing Aerospace Changfeng Co's Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Beijing Aerospace Changfeng Co ranks #2592 out of 3078 companies for Return-on-Tangible-Asset. This places Beijing Aerospace Changfeng Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.26. 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.26, based on 3,078 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. 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 Beijing Aerospace Changfeng Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beijing Aerospace Changfeng Co's current Return-on-Tangible-Asset is -4.73%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Aerospace Changfeng Co stock overvalued right now?
Based on GuruFocus' analysis, Beijing Aerospace Changfeng Co (SHSE:600855) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥10.62, compared to a current price of ¥12.22 — trading 15.1% above its estimated fair value. The current Return-on-Tangible-Asset is -4.73%. Beijing Aerospace Changfeng Co's overall GF Score™ is 57/100 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 Beijing Aerospace Changfeng Co (SHSE:600855), the current Return-on-Tangible-Asset is -4.73% 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 Beijing Aerospace Changfeng Co (SHSE:600855) Overvalued in 2026?

Based on GuruFocus' analysis, Beijing Aerospace Changfeng Co stock appears to be overvalued. The current stock price of ¥12.22 is trading 15.1% above its estimated GF Value™ of ¥10.62. GuruFocus considers Beijing Aerospace Changfeng Co to be Modestly Overvalued.

Key valuation signals for SHSE:600855:

  • Return-on-Tangible-Asset: -4.73%
  • GF Value™: ¥10.62 vs. price of ¥12.22 (15.1% above fair value)
  • GF Score™: 57/100 with 3 warning signs

No single metric tells the full story. See the SHSE:600855 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Beijing Aerospace Changfeng Co Business Description

Address No. 51 Yong Ding Road, Aerospace Tower, Haidian District, Beijing, Beijing, CHN, 100854
Beijing Aerospace Changfeng Co Ltd is a China-based company. The business activities of the company include medical device, medical informatization, integrated digital operating room solution, laminar flow operating room project, safety city project, smart city project, security control of the large-scale event, emergency and counter-terrorism. It offers a range of product that includes Anesthesia machine, Ventilators, Operating room tables and Surgical lamp.
57GF Score

Get the complete analysis for SHSE:600855

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

¥12.22
Price
¥10.62
GF Value