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Chinatellite Communications CoSHSE:601698 -0.22%78 Return-on-Tangible-Asset is 0.51% as of Mar. 2026, which is 81% below its 10-year median of 2.73. GuruFocus rates SHSE:601698 with a GF Score™ of 78/100 and a GF Value™ of ¥24.63 (Fairly Valued). The stock has 4 warning signs investors should review. Among 368 Telecommunication Services companies, Chinatellite Communications Co ranks worse than 60.87% on this metric.
The historical rank and industry rank for Chinatellite Communications Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:601698'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.66 Med: 2.73 Max: 4.8
Current: 1.88
During the past 12 years, Chinatellite Communications Co's highest Return-on-Tangible-Asset was 4.80%. The lowest was 1.66%. And the median was 2.73%.
SHSE:601698's Return-on-Tangible-Asset is ranked worse than 60.87% of 368
companies
in the Telecommunication Services industry
Industry Median: 3.45
vs SHSE:601698: 1.88
Chinatellite Communications Co (SHSE:601698) 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.
Chinatellite Communications Co Return-on-Tangible-Asset Related Terms
Chinatellite Communications 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.
Chinatellite Communications Co Return-on-Tangible-Asset Chart
SHSE:601698 vs VZ, TMUS, T: Return-on-Tangible-Asset Comparison
For the Telecom Services subindustry, Chinatellite Communications 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.
Chinatellite Communications Co Return-on-Tangible-Asset vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Chinatellite Communications Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Chinatellite Communications 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 0.51% mean?
Chinatellite Communications Co (SHSE:601698) has a Return-on-Tangible-Asset of 0.51% 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 Chinatellite Communications Co and its competitors. This is 81% below median its historical median of 2.73. Over the past decade, Chinatellite Communications Co's Return-on-Tangible-Asset has ranged from 1.66 to 4.80. According to the industry distribution chart, Chinatellite Communications Co ranks #224 out of 368 companies in the Telecommunication Services industry, placing it in the top 60.9%.
Is Chinatellite Communications Co's Return-on-Tangible-Asset too high?
Chinatellite Communications Co's current Return-on-Tangible-Asset of 0.51% is 81% below median its 10-year median of 2.73. Over the past 10 years, this metric has ranged from a low of 1.66 to a high of 4.80. The Telecommunication Services industry median Return-on-Tangible-Asset is 3.45. Chinatellite Communications Co's value of 0.51% is 85.2% below this industry median. Based on the distribution chart, Chinatellite Communications Co ranks #224 out of 368 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Chinatellite Communications Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chinatellite Communications Co's Return-on-Tangible-Asset compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Chinatellite Communications Co ranks #224 out of 368 companies for Return-on-Tangible-Asset. This places Chinatellite Communications Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.45. Chinatellite Communications Co's value of 0.51% is 85.2% below this benchmark. Historically, Chinatellite Communications Co's own Return-on-Tangible-Asset has ranged from 1.66 to 4.80 over the past decade. While the company's 10-year median is 2.73 vs. the industry median of 3.45, Chinatellite Communications 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 Telecommunication Services company?
The median Return-on-Tangible-Asset among Telecommunication Services companies is 3.45, based on 368 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. Chinatellite Communications Co's current Return-on-Tangible-Asset of 0.51% is 85.2% 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 Chinatellite Communications Co and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Asset is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chinatellite Communications Co's current Return-on-Tangible-Asset is 0.51%, which is 81% below median its own 10-year median of 2.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chinatellite Communications Co stock overvalued right now?
Based on GuruFocus' analysis, Chinatellite Communications Co (SHSE:601698) is currently considered Fairly Valued. The stock's GF Value™ is ¥24.63, compared to a current price of ¥26.90 — trading 9.2% above its estimated fair value. The current Return-on-Tangible-Asset is 0.51%, which is 81% below median its 10-year median of 2.73 and 85.2% below the Telecommunication Services industry median of 3.45. Chinatellite Communications Co's overall GF Score™ is 78/100 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 Chinatellite Communications Co (SHSE:601698), the current Return-on-Tangible-Asset is 0.51% 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 Chinatellite Communications Co (SHSE:601698) Overvalued in 2026?
Based on GuruFocus' analysis, Chinatellite Communications Co stock appears to be overvalued.
The current stock price of ¥26.90 is trading 9.2% above its estimated GF Value™ of ¥24.63.
GuruFocus considers Chinatellite Communications Co to be Fairly Valued.
Key valuation signals for SHSE:601698:
Return-on-Tangible-Asset: 0.51% (81% below median its 10-year median of 2.73)
GF Value™: ¥24.63 vs. price of ¥26.90 (9.2% above fair value)
Industry Position: 85.2% below the Telecommunication Services median (#224 of 368)
No single metric tells the full story. See the SHSE:601698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Satellite Communications Co Ltd is engaged in the development and management of communication and broadcasting satellite systems; the design and development of satellite ground application systems and related equipment. It also offers technical consulting, engineering design, engineering contracting services related to the satellite business.
78GF Score
Get the complete analysis for SHSE:601698
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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