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Bank of Shanghai CoSHSE:601229 -0.41%54 Return-on-Tangible-Asset is 0.76% as of Mar. 2026, which is 12% below its 10-year median of 0.86. GuruFocus rates SHSE:601229 with a GF Score™ of 54/100 and a GF Value™ of ¥8.94 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,528 Banks companies, Bank of Shanghai Co ranks worse than 66.82% 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. Bank of Shanghai Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥25,334 Mil. Bank of Shanghai Co's average total tangible assets for the quarter that ended in Mar. 2026 was ¥3,342,055 Mil. Therefore, Bank of Shanghai Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.76%.
The historical rank and industry rank for Bank of Shanghai Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:601229'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.73 Med: 0.86 Max: 0.95
Current: 0.73
During the past 13 years, Bank of Shanghai Co's highest Return-on-Tangible-Asset was 0.95%. The lowest was 0.73%. And the median was 0.86%.
SHSE:601229's Return-on-Tangible-Asset is ranked worse than 66.82% of 1528
companies
in the Banks industry
Industry Median: 1.02
vs SHSE:601229: 0.73
Bank of Shanghai Co (SHSE:601229) 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.
Bank of Shanghai Co Return-on-Tangible-Asset Related Terms
Bank of Shanghai Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Bank of Shanghai 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.
Bank of Shanghai Co Return-on-Tangible-Asset Chart
Bank of Shanghai Co Return-on-Tangible-Asset Competitor Comparison
For the Banks - Regional subindustry, Bank of Shanghai 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.
Bank of Shanghai Co Return-on-Tangible-Asset vs Banks Industry
For the Banks industry and Financial Services sector, Bank of Shanghai Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Bank of Shanghai 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 0.76% mean?
Bank of Shanghai Co (SHSE:601229) has a Return-on-Tangible-Asset of 0.76% 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 Bank of Shanghai Co and its competitors. This is 12% below median its historical median of 0.86. Over the past decade, Bank of Shanghai Co's Return-on-Tangible-Asset has ranged from 0.73 to 0.95. According to the industry distribution chart, Bank of Shanghai Co ranks #1021 out of 1528 companies in the Banks industry, placing it in the top 66.8%.
Is Bank of Shanghai Co's Return-on-Tangible-Asset too high?
Bank of Shanghai Co's current Return-on-Tangible-Asset of 0.76% is 12% below median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 0.95. The Banks industry median Return-on-Tangible-Asset is 1.02. Bank of Shanghai Co's value of 0.76% is 25.5% below this industry median. Based on the distribution chart, Bank of Shanghai Co ranks #1021 out of 1528 companies in the Banks industry, which is below the industry midpoint. Overall, Bank of Shanghai Co has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bank of Shanghai Co's Return-on-Tangible-Asset compare to competitors?
According to the Banks industry distribution chart, Bank of Shanghai Co ranks #1021 out of 1528 companies for Return-on-Tangible-Asset. This places Bank of Shanghai Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.02. Bank of Shanghai Co's value of 0.76% is 25.5% below this benchmark. Historically, Bank of Shanghai Co's own Return-on-Tangible-Asset has ranged from 0.73 to 0.95 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 1.02, Bank of Shanghai 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 Banks company?
The median Return-on-Tangible-Asset among Banks companies is 1.02, based on 1,528 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. Bank of Shanghai Co's current Return-on-Tangible-Asset of 0.76% is 25.5% 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 Bank of Shanghai Co and its competitors. For the Banks industry, the median Return-on-Tangible-Asset is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bank of Shanghai Co's current Return-on-Tangible-Asset is 0.76%, which is 12% below median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank of Shanghai Co stock overvalued right now?
Based on GuruFocus' analysis, Bank of Shanghai Co (SHSE:601229) is currently considered Fairly Valued. The stock's GF Value™ is ¥8.94, compared to a current price of ¥9.72 — trading 8.7% above its estimated fair value. The current Return-on-Tangible-Asset is 0.76%, which is 12% below median its 10-year median of 0.86 and 25.5% below the Banks industry median of 1.02. Bank of Shanghai Co's overall GF Score™ is 54/100 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 Bank of Shanghai Co (SHSE:601229), the current Return-on-Tangible-Asset is 0.76% 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 Bank of Shanghai Co (SHSE:601229) Overvalued in 2026?
Based on GuruFocus' analysis, Bank of Shanghai Co stock appears to be overvalued.
The current stock price of ¥9.72 is trading 8.7% above its estimated GF Value™ of ¥8.94.
GuruFocus considers Bank of Shanghai Co to be Fairly Valued.
Key valuation signals for SHSE:601229:
Return-on-Tangible-Asset: 0.76% (12% below median its 10-year median of 0.86)
GF Value™: ¥8.94 vs. price of ¥9.72 (8.7% above fair value)
Industry Position: 25.5% below the Banks median (#1021 of 1528)
No single metric tells the full story. See the SHSE:601229 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bank of Shanghai Co Ltd is a commercial banking company. It is mainly involved in providing banking and financial services such as Corporate banking, Retail banking, Treasury business, and others. The Bank conducts its business through three segments. The Wholesale Financial Business segment serves corporate clients, government agencies, and peer institutions with loans, deposits, trade finance, settlements, investment banking, asset custody, interbank transactions, financial market operations, and equity investments. The Retail Financial Business segment offers individuals loans, deposits, wealth management, remittances, securities agency, and bank card services. The Other Business segment covers mobile and corporate online banking as well as other related services.
54GF Score
Get the complete analysis for SHSE:601229
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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