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SHSE:601699's Return-on-Tangible-Asset is ranked better than 58.82% of 187
companies
in the Other Energy Sources industry
Industry Median: 0.16
vs SHSE:601699: 1.79
Shanxi Lu'an Environmental Energy Development Co (SHSE:601699) 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.
Shanxi Lu'an Environmental Energy Development Co Return-on-Tangible-Asset Related Terms
Shanxi Lu'an Environmental Energy Development 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.
Shanxi Lu'an Environmental Energy Development Co Return-on-Tangible-Asset Chart
Shanxi Lu'an Environmental Energy Development Co Annual Data
Shanxi Lu'an Environmental Energy Development Co Return-on-Tangible-Asset Competitor Comparison
For the Thermal Coal subindustry, Shanxi Lu'an Environmental Energy Development 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.
Shanxi Lu'an Environmental Energy Development Co Return-on-Tangible-Asset vs Other Energy Sources Industry
* 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 4.19% mean?
Shanxi Lu'an Environmental Energy Development Co (SHSE:601699) has a Return-on-Tangible-Asset of 4.19% 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 Shanxi Lu'an Environmental Energy Development Co and its competitors. This is 18% above median its historical median of 3.56. Over the past decade, Shanxi Lu'an Environmental Energy Development Co's Return-on-Tangible-Asset has ranged from 1.41 to 15.04. According to the industry distribution chart, Shanxi Lu'an Environmental Energy Development Co ranks #77 out of 187 companies in the Other Energy Sources industry, placing it in the top 41.2%.
Is Shanxi Lu'an Environmental Energy Development Co's Return-on-Tangible-Asset too high?
Shanxi Lu'an Environmental Energy Development Co's current Return-on-Tangible-Asset of 4.19% is 18% above median its 10-year median of 3.56. Over the past 10 years, this metric has ranged from a low of 1.41 to a high of 15.04. The Other Energy Sources industry median Return-on-Tangible-Asset is 0.16. Shanxi Lu'an Environmental Energy Development Co's value of 4.19% is 2518.8% above this industry median. Based on the distribution chart, Shanxi Lu'an Environmental Energy Development Co ranks #77 out of 187 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, Shanxi Lu'an Environmental Energy Development Co has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanxi Lu'an Environmental Energy Development Co's Return-on-Tangible-Asset compare to competitors?
According to the Other Energy Sources industry distribution chart, Shanxi Lu'an Environmental Energy Development Co ranks #77 out of 187 companies for Return-on-Tangible-Asset. This puts Shanxi Lu'an Environmental Energy Development Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 0.16. Shanxi Lu'an Environmental Energy Development Co's value of 4.19% is 2518.8% above this benchmark. Historically, Shanxi Lu'an Environmental Energy Development Co's own Return-on-Tangible-Asset has ranged from 1.41 to 15.04 over the past decade. While the company's 10-year median is 3.56 vs. the industry median of 0.16, Shanxi Lu'an Environmental Energy Development Co has consistently been above 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 an Other Energy Sources company?
The median Return-on-Tangible-Asset among Other Energy Sources companies is 0.16, based on 187 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. Shanxi Lu'an Environmental Energy Development Co's current Return-on-Tangible-Asset of 4.19% is 2518.8% above 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 Shanxi Lu'an Environmental Energy Development Co and its competitors. For the Other Energy Sources industry, the median Return-on-Tangible-Asset is 0.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanxi Lu'an Environmental Energy Development Co's current Return-on-Tangible-Asset is 4.19%, which is 18% above median its own 10-year median of 3.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanxi Lu'an Environmental Energy Development Co stock overvalued right now?
Based on GuruFocus' analysis, Shanxi Lu'an Environmental Energy Development Co (SHSE:601699) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥12.34, compared to a current price of ¥16.37 — trading 32.7% above its estimated fair value. The current Return-on-Tangible-Asset is 4.19%, which is 18% above median its 10-year median of 3.56 and 2518.8% above the Other Energy Sources industry median of 0.16. Shanxi Lu'an Environmental Energy Development Co's overall GF Score™ is 76/100 with 7 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 Shanxi Lu'an Environmental Energy Development Co (SHSE:601699), the current Return-on-Tangible-Asset is 4.19% 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 Shanxi Lu'an Environmental Energy Development Co (SHSE:601699) Overvalued in 2026?
Based on GuruFocus' analysis, Shanxi Lu'an Environmental Energy Development Co stock appears to be overvalued.
The current stock price of ¥16.37 is trading 32.7% above its estimated GF Value™ of ¥12.34.
GuruFocus considers Shanxi Lu'an Environmental Energy Development Co to be Significantly Overvalued.
Key valuation signals for SHSE:601699:
Return-on-Tangible-Asset: 4.19% (18% above median its 10-year median of 3.56)
GF Value™: ¥12.34 vs. price of ¥16.37 (32.7% above fair value)
Industry Position: 2518.8% above the Other Energy Sources median (#77 of 187)
No single metric tells the full story. See the SHSE:601699 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanxi Lu'an Environmental Energy Development Co Ltd is a Chinese company engaged in the mining, processing, and distribution of coal. The company is engaged in the production and sale of coal and coke products. The company mainly conducts business in the domestic market.
76GF Score
Get the complete analysis for SHSE:601699
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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