Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
The historical rank and industry rank for Changshu Fengfan Power Equipment Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:601700'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.14 Med: 1.24 Max: 4.81
Current: -4.61
During the past 13 years, Changshu Fengfan Power Equipment Co's highest Return-on-Tangible-Asset was 4.81%. The lowest was -6.14%. And the median was 1.24%.
SHSE:601700's Return-on-Tangible-Asset is ranked worse than 83.59% of 3077
companies
in the Industrial Products industry
Industry Median: 3.32
vs SHSE:601700: -4.61
Changshu Fengfan Power Equipment Co (SHSE:601700) 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.
Changshu Fengfan Power Equipment Co Return-on-Tangible-Asset Related Terms
Changshu Fengfan Power Equipment 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.
Changshu Fengfan Power Equipment Co Return-on-Tangible-Asset Chart
SHSE:601700 vs CRS, ATI, MLI: Return-on-Tangible-Asset Comparison
For the Metal Fabrication subindustry, Changshu Fengfan Power Equipment 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.
Changshu Fengfan Power Equipment Co Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Changshu Fengfan Power Equipment Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Changshu Fengfan Power Equipment 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 1.67% mean?
Changshu Fengfan Power Equipment Co (SHSE:601700) has a Return-on-Tangible-Asset of 1.67% 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 Changshu Fengfan Power Equipment Co and its competitors. This is 35% above median its historical median of 1.24. According to the industry distribution chart, Changshu Fengfan Power Equipment Co ranks #2572 out of 3077 companies in the Industrial Products industry, placing it in the top 83.6%.
Is Changshu Fengfan Power Equipment Co's Return-on-Tangible-Asset too high?
Changshu Fengfan Power Equipment Co's current Return-on-Tangible-Asset of 1.67% is 35% above median its 10-year median of 1.24. The Industrial Products industry median Return-on-Tangible-Asset is 3.32. Changshu Fengfan Power Equipment Co's value of 1.67% is 49.7% below this industry median. Based on the distribution chart, Changshu Fengfan Power Equipment Co ranks #2572 out of 3077 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Changshu Fengfan Power Equipment Co has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Changshu Fengfan Power Equipment Co's Return-on-Tangible-Asset compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Changshu Fengfan Power Equipment Co ranks #2572 out of 3077 companies for Return-on-Tangible-Asset. This places Changshu Fengfan Power Equipment Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.32. Changshu Fengfan Power Equipment Co's value of 1.67% is 49.7% below this benchmark. While the company's 10-year median is 1.24 vs. the industry median of 3.32, Changshu Fengfan Power Equipment 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.32, based on 3,077 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. Changshu Fengfan Power Equipment Co's current Return-on-Tangible-Asset of 1.67% is 49.7% 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 Changshu Fengfan Power Equipment Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changshu Fengfan Power Equipment Co's current Return-on-Tangible-Asset is 1.67%, which is 35% above median its own 10-year median of 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changshu Fengfan Power Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Changshu Fengfan Power Equipment Co (SHSE:601700) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥5.47, compared to a current price of ¥6.56 — trading 19.9% above its estimated fair value. The current Return-on-Tangible-Asset is 1.67%, which is 35% above median its 10-year median of 1.24 and 49.7% below the Industrial Products industry median of 3.32. Changshu Fengfan Power Equipment Co's overall GF Score™ is 59/100 with 11 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 Changshu Fengfan Power Equipment Co (SHSE:601700), the current Return-on-Tangible-Asset is 1.67% 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 Changshu Fengfan Power Equipment Co (SHSE:601700) Overvalued in 2026?
Based on GuruFocus' analysis, Changshu Fengfan Power Equipment Co stock appears to be overvalued.
The current stock price of ¥6.56 is trading 19.9% above its estimated GF Value™ of ¥5.47.
GuruFocus considers Changshu Fengfan Power Equipment Co to be Modestly Overvalued.
Key valuation signals for SHSE:601700:
Return-on-Tangible-Asset: 1.67% (35% above median its 10-year median of 1.24)
GF Value™: ¥5.47 vs. price of ¥6.56 (19.9% above fair value)
Industry Position: 49.7% below the Industrial Products median (#2572 of 3077)
No single metric tells the full story. See the SHSE:601700 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Changshu Fengfan Power Equipment Co Ltd manufactures and supplies galvanized steel towers in China. It offers transmission towers, including angle steel, spanning, and steel tube towers, as well as independent poles; substation frameworks; communication towers; crane and wind power bases; and lamp poles, tin trunks, scaffolds, and sledges. The company provides its products for high-pressure or ultra-high-pressure power transmission lines, steel tube towers, steel tube poles, transformer substation frameworks, and other steel-supporting structures.
59GF Score
Get the complete analysis for SHSE:601700
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:601700 has been successfully added to your 
