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Bank of Chengdu CoSHSE:601838 -0.10%76 Return-on-Tangible-Asset is 1.01% as of Jun. 2026, which is 2% below its 10-year median of 1.03. GuruFocus rates SHSE:601838 with a GF Score™ of 76/100 and a GF Value™ of ¥17.58 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,519 Banks companies, Bank of Chengdu Co ranks worse than 55.43% 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 Chengdu Co's annualizedNet Income for the quarter that ended in Jun. 2026 was ¥14,991 Mil. Bank of Chengdu Co's average total tangible assets for the quarter that ended in Jun. 2026 was ¥1,486,094 Mil. Therefore, Bank of Chengdu Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 1.01%.
The historical rank and industry rank for Bank of Chengdu Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:601838'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.76 Med: 1.03 Max: 1.19
Current: 0.95
During the past 13 years, Bank of Chengdu Co's highest Return-on-Tangible-Asset was 1.19%. The lowest was 0.76%. And the median was 1.03%.
SHSE:601838's Return-on-Tangible-Asset is ranked worse than 55.43% of 1519
companies
in the Banks industry
Industry Median: 1.03
vs SHSE:601838: 0.95
Bank of Chengdu Co (SHSE:601838) 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 Chengdu Co Return-on-Tangible-Asset Related Terms
Bank of Chengdu Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Bank of Chengdu 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 Chengdu Co Return-on-Tangible-Asset Competitor Comparison
For the Banks - Regional subindustry, Bank of Chengdu 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 Chengdu Co Return-on-Tangible-Asset vs Banks Industry
For the Banks industry and Financial Services sector, Bank of Chengdu Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Bank of Chengdu 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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 1.01% mean?
Bank of Chengdu Co (SHSE:601838) has a Return-on-Tangible-Asset of 1.01% as of Jun. 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 Chengdu Co and its competitors. This is near median its historical median of 1.03. Over the past decade, Bank of Chengdu Co's Return-on-Tangible-Asset has ranged from 0.76 to 1.19. According to the industry distribution chart, Bank of Chengdu Co ranks #842 out of 1519 companies in the Banks industry, placing it in the top 55.4%.
Is Bank of Chengdu Co's Return-on-Tangible-Asset too high?
Bank of Chengdu Co's current Return-on-Tangible-Asset of 1.01% is near median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 1.19. The Banks industry median Return-on-Tangible-Asset is 1.03. Bank of Chengdu Co's value of 1.01% is 1.9% below this industry median. Based on the distribution chart, Bank of Chengdu Co ranks #842 out of 1519 companies in the Banks industry, which is below the industry midpoint. Overall, Bank of Chengdu Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bank of Chengdu Co's Return-on-Tangible-Asset compare to competitors?
According to the Banks industry distribution chart, Bank of Chengdu Co ranks #842 out of 1519 companies for Return-on-Tangible-Asset. This places Bank of Chengdu Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.03. Bank of Chengdu Co's value of 1.01% is 1.9% below this benchmark. Historically, Bank of Chengdu Co's own Return-on-Tangible-Asset has ranged from 0.76 to 1.19 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 1.03, Bank of Chengdu 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 1.03, based on 1,519 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 Chengdu Co's current Return-on-Tangible-Asset of 1.01% is 1.9% 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 Chengdu Co and its competitors. For the Banks industry, the median Return-on-Tangible-Asset is 1.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bank of Chengdu Co's current Return-on-Tangible-Asset is 1.01%, which is near median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank of Chengdu Co stock overvalued right now?
Based on GuruFocus' analysis, Bank of Chengdu Co (SHSE:601838) is currently considered Fairly Valued. The stock's GF Value™ is ¥17.58, compared to a current price of ¥19.40 — trading 10.4% above its estimated fair value. The current Return-on-Tangible-Asset is 1.01%, which is near median its 10-year median of 1.03 and 1.9% below the Banks industry median of 1.03. Bank of Chengdu Co's overall GF Score™ is 76/100 with 8 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 Chengdu Co (SHSE:601838), the current Return-on-Tangible-Asset is 1.01% as of Jun. 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 Chengdu Co (SHSE:601838) Overvalued in 2026?
Based on GuruFocus' analysis, Bank of Chengdu Co stock appears to be overvalued.
The current stock price of ¥19.40 is trading 10.4% above its estimated GF Value™ of ¥17.58.
GuruFocus considers Bank of Chengdu Co to be Fairly Valued.
Key valuation signals for SHSE:601838:
Return-on-Tangible-Asset: 1.01% (near median its 10-year median of 1.03)
GF Value™: ¥17.58 vs. price of ¥19.40 (10.4% above fair value)
Industry Position: 1.9% below the Banks median (#842 of 1519)
No single metric tells the full story. See the SHSE:601838 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bank of Chengdu Co Ltd is a state-owned commercial bank. Its principal businesses include business loans, fixed assets loans, bank acceptance bills, direct discounts on bank acceptance bills, guarantees, real estate development loans, and legal person account overdrafts, among other services. The bank provides its services in China.
76GF Score
Get the complete analysis for SHSE:601838
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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