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Shanghai Huafon AluminiumSHSE:601702 -0.65%85 Return-on-Tangible-Asset is 10.26% as of Mar. 2026, which is 14% above its 10-year median of 9.00. GuruFocus rates SHSE:601702 with a GF Score™ of 85/100 and a GF Value™ of ¥23.22 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,670 Metals & Mining companies, Shanghai Huafon Aluminium ranks better than 90.75% 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. Shanghai Huafon Aluminium's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥972 Mil. Shanghai Huafon Aluminium's average total tangible assets for the quarter that ended in Mar. 2026 was ¥9,470 Mil. Therefore, Shanghai Huafon Aluminium's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 10.26%.
The historical rank and industry rank for Shanghai Huafon Aluminium's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:601702'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.53 Med: 9 Max: 16.12
Current: 13.07
During the past 11 years, Shanghai Huafon Aluminium's highest Return-on-Tangible-Asset was 16.12%. The lowest was 4.53%. And the median was 9.00%.
SHSE:601702's Return-on-Tangible-Asset is ranked better than 90.75% of 2670
companies
in the Metals & Mining industry
Industry Median: -17.26
vs SHSE:601702: 13.07
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.
Shanghai Huafon Aluminium Return-on-Tangible-Asset Related Terms
Shanghai Huafon Aluminium Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Shanghai Huafon Aluminium'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.
SHSE:601702 vs AA: Return-on-Tangible-Asset Comparison
For the Aluminum subindustry, Shanghai Huafon Aluminium'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.
Shanghai Huafon Aluminium Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Shanghai Huafon Aluminium's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Shanghai Huafon Aluminium'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 10.26% mean?
Shanghai Huafon Aluminium (SHSE:601702) has a Return-on-Tangible-Asset of 10.26% 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 Shanghai Huafon Aluminium and its competitors. This is 14% above median its historical median of 9.00. Over the past decade, Shanghai Huafon Aluminium's Return-on-Tangible-Asset has ranged from 4.53 to 16.12. According to the industry distribution chart, Shanghai Huafon Aluminium ranks #247 out of 2670 companies in the Metals & Mining industry, placing it in the top 9.3%.
Is Shanghai Huafon Aluminium's Return-on-Tangible-Asset too high?
Shanghai Huafon Aluminium's current Return-on-Tangible-Asset of 10.26% is 14% above median its 10-year median of 9.00. Over the past 10 years, this metric has ranged from a low of 4.53 to a high of 16.12. Based on the distribution chart, Shanghai Huafon Aluminium ranks #247 out of 2670 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai Huafon Aluminium has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shanghai Huafon Aluminium's Return-on-Tangible-Asset compare to AA?
According to the Metals & Mining industry distribution chart, Shanghai Huafon Aluminium ranks #247 out of 2670 companies for Return-on-Tangible-Asset. This places Shanghai Huafon Aluminium in the top 9% of its industry — outperforming the majority of peers. Historically, Shanghai Huafon Aluminium's own Return-on-Tangible-Asset has ranged from 4.53 to 16.12 over the past decade. 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 Metals & Mining company?
A good Return-on-Tangible-Asset depends on the Metals & Mining industry context. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Shanghai Huafon Aluminium and its competitors. Shanghai Huafon Aluminium's current Return-on-Tangible-Asset is 10.26%, which is 14% above median its own 10-year median of 9.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Huafon Aluminium stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Huafon Aluminium (SHSE:601702) is currently considered Possible Value Trap. The stock's GF Value™ is ¥23.22, compared to a current price of ¥15.37 — trading 33.8% below its estimated fair value. The current Return-on-Tangible-Asset is 10.26%, which is 14% above median its 10-year median of 9.00. Shanghai Huafon Aluminium's overall GF Score™ is 85/100 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 Shanghai Huafon Aluminium (SHSE:601702), the current Return-on-Tangible-Asset is 10.26% 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 Shanghai Huafon Aluminium (SHSE:601702) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Huafon Aluminium stock appears to be undervalued.
The current stock price of ¥15.37 is trading 33.8% below its estimated GF Value™ of ¥23.22.
GuruFocus considers Shanghai Huafon Aluminium to be Possible Value Trap.
Key valuation signals for SHSE:601702:
Return-on-Tangible-Asset: 10.26% (14% above median its 10-year median of 9.00)
GF Value™: ¥23.22 vs. price of ¥15.37 (33.8% below fair value)
No single metric tells the full story. See the SHSE:601702 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Huafon Aluminium Corp is engaged in production and sales of aluminum sheet, strip and foil. The company's products include brazed heat exchangers material; water tanks, heaters, air coolers; condenser; evaporator, heater, oil cooler; and Other Industrial Products Materials. Its products line covers all kinds of alloyed material and specifications which is widely used in the automobile and construction machinery and equipment cooling systems, power station cooling system, micro-channel cooler and all kinds of both commercial and residential air-conditioners. It also processes all kinds of aluminum products processing 1,3,4,5,7 series, which are widely used in transportation construction, food packaging, electronics information industry and other fields.
85GF Score
Get the complete analysis for SHSE:601702
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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