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Fortune Ng Fung Food (hebei) CoSHSE:600965 -0.36%50 Return-on-Tangible-Asset is 3.22% as of Mar. 2026, which is 38% below its 10-year median of 5.19. GuruFocus rates SHSE:600965 with a GF Score™ of 50/100 and a GF Value™ of ¥5.80 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,997 Consumer Packaged Goods companies, Fortune Ng Fung Food (hebei) Co ranks worse than 60.14% on this metric.
The historical rank and industry rank for Fortune Ng Fung Food (hebei) Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:600965'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.02 Med: 5.19 Max: 8.5
Current: 2.07
During the past 13 years, Fortune Ng Fung Food (hebei) Co's highest Return-on-Tangible-Asset was 8.50%. The lowest was 2.02%. And the median was 5.19%.
SHSE:600965's Return-on-Tangible-Asset is ranked worse than 60.14% of 1997
companies
in the Consumer Packaged Goods industry
Industry Median: 3.5
vs SHSE:600965: 2.07
Fortune Ng Fung Food (hebei) Co (SHSE:600965) 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.
Fortune Ng Fung Food (hebei) Co Return-on-Tangible-Asset Related Terms
Fortune Ng Fung Food (hebei) 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.
Fortune Ng Fung Food (hebei) Co Return-on-Tangible-Asset Chart
SHSE:600965 vs ADM, BG, TSN: Return-on-Tangible-Asset Comparison
For the Farm Products subindustry, Fortune Ng Fung Food (hebei) 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.
Fortune Ng Fung Food (hebei) Co Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Fortune Ng Fung Food (hebei) Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Fortune Ng Fung Food (hebei) 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 3.22% mean?
Fortune Ng Fung Food (hebei) Co (SHSE:600965) has a Return-on-Tangible-Asset of 3.22% 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 Fortune Ng Fung Food (hebei) Co and its competitors. This is 38% below median its historical median of 5.19. Over the past decade, Fortune Ng Fung Food (hebei) Co's Return-on-Tangible-Asset has ranged from 2.02 to 8.50. According to the industry distribution chart, Fortune Ng Fung Food (hebei) Co ranks #1201 out of 1997 companies in the Consumer Packaged Goods industry, placing it in the top 60.1%.
Is Fortune Ng Fung Food (hebei) Co's Return-on-Tangible-Asset too high?
Fortune Ng Fung Food (hebei) Co's current Return-on-Tangible-Asset of 3.22% is 38% below median its 10-year median of 5.19. Over the past 10 years, this metric has ranged from a low of 2.02 to a high of 8.50. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.50. Fortune Ng Fung Food (hebei) Co's value of 3.22% is 8% below this industry median. Based on the distribution chart, Fortune Ng Fung Food (hebei) Co ranks #1201 out of 1997 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Fortune Ng Fung Food (hebei) Co has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fortune Ng Fung Food (hebei) Co's Return-on-Tangible-Asset compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Fortune Ng Fung Food (hebei) Co ranks #1201 out of 1997 companies for Return-on-Tangible-Asset. This places Fortune Ng Fung Food (hebei) Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.50. Fortune Ng Fung Food (hebei) Co's value of 3.22% is 8% below this benchmark. Historically, Fortune Ng Fung Food (hebei) Co's own Return-on-Tangible-Asset has ranged from 2.02 to 8.50 over the past decade. While the company's 10-year median is 5.19 vs. the industry median of 3.50, Fortune Ng Fung Food (hebei) 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.50, based on 1,997 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. Fortune Ng Fung Food (hebei) Co's current Return-on-Tangible-Asset of 3.22% is 8% 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 Fortune Ng Fung Food (hebei) Co and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortune Ng Fung Food (hebei) Co's current Return-on-Tangible-Asset is 3.22%, which is 38% below median its own 10-year median of 5.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortune Ng Fung Food (hebei) Co stock overvalued right now?
Based on GuruFocus' analysis, Fortune Ng Fung Food (hebei) Co (SHSE:600965) is currently considered Possible Value Trap. The stock's GF Value™ is ¥5.80, compared to a current price of ¥2.75 — trading 52.6% below its estimated fair value. The current Return-on-Tangible-Asset is 3.22%, which is 38% below median its 10-year median of 5.19 and 8% below the Consumer Packaged Goods industry median of 3.50. Fortune Ng Fung Food (hebei) Co's overall GF Score™ is 50/100 with 4 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 Fortune Ng Fung Food (hebei) Co (SHSE:600965), the current Return-on-Tangible-Asset is 3.22% 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 Fortune Ng Fung Food (hebei) Co (SHSE:600965) Overvalued in 2026?
Based on GuruFocus' analysis, Fortune Ng Fung Food (hebei) Co stock appears to be undervalued.
The current stock price of ¥2.75 is trading 52.6% below its estimated GF Value™ of ¥5.80.
GuruFocus considers Fortune Ng Fung Food (hebei) Co to be Possible Value Trap.
Key valuation signals for SHSE:600965:
Return-on-Tangible-Asset: 3.22% (38% below median its 10-year median of 5.19)
GF Value™: ¥5.80 vs. price of ¥2.75 (52.6% below fair value)
Industry Position: 8% below the Consumer Packaged Goods median (#1201 of 1997)
No single metric tells the full story. See the SHSE:600965 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fortune Ng Fung Food (hebei) Co Ltd is engaged in the cattle breeding and dairy farming businesses in China. It is primarily involved in beef cattle breeding, dairy farming, beef cattle slaughter and processing, milk production, food chain, feed production and organic fertilizer production. The company's main products are live cattle, beef, lamb, meat products, dairy cows, dairy products, fast food, hot pot chain and so on. Geographically the business activities are carried out through China.
50GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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