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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. Jishi Media Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥-400 Mil. Jishi Media Co's average total tangible assets for the quarter that ended in Mar. 2026 was ¥12,008 Mil. Therefore, Jishi Media Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -3.33%.
The historical rank and industry rank for Jishi Media Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:601929'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.5 Med: 0.33 Max: 3.92
Current: -3.73
During the past 13 years, Jishi Media Co's highest Return-on-Tangible-Asset was 3.92%. The lowest was -4.50%. And the median was 0.33%.
SHSE:601929's Return-on-Tangible-Asset is ranked worse than 65.18% of 1028
companies
in the Media - Diversified industry
Industry Median: 0.805
vs SHSE:601929: -3.73
Jishi Media Co (SHSE:601929) 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.
Jishi Media Co Return-on-Tangible-Asset Related Terms
Jishi Media Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Jishi Media 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.
SHSE:601929 vs NFLX, DIS, WBD: Return-on-Tangible-Asset Comparison
For the Entertainment subindustry, Jishi Media 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.
Jishi Media Co Return-on-Tangible-Asset vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Jishi Media Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Jishi Media 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 -3.33% mean?
Jishi Media Co (SHSE:601929) has a Return-on-Tangible-Asset of -3.33% 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 Jishi Media Co and its competitors. According to the industry distribution chart, Jishi Media Co ranks #670 out of 1028 companies in the Media - Diversified industry, placing it in the top 65.2%.
Is Jishi Media Co's Return-on-Tangible-Asset too high?
Jishi Media Co's current Return-on-Tangible-Asset is -3.33%. Based on the distribution chart, Jishi Media Co ranks #670 out of 1028 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Jishi Media Co has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jishi Media Co's Return-on-Tangible-Asset compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Jishi Media Co ranks #670 out of 1028 companies for Return-on-Tangible-Asset. This places Jishi Media Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 0.81. 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 Media - Diversified company?
The median Return-on-Tangible-Asset among Media - Diversified companies is 0.81, based on 1,028 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. 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 Jishi Media Co and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Asset is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jishi Media Co's current Return-on-Tangible-Asset is -3.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jishi Media Co stock overvalued right now?
Based on GuruFocus' analysis, Jishi Media Co (SHSE:601929) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥1.95, compared to a current price of ¥2.35 — trading 20.5% above its estimated fair value. The current Return-on-Tangible-Asset is -3.33%. Jishi Media Co's overall GF Score™ is 55/100 with 6 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 Jishi Media Co (SHSE:601929), the current Return-on-Tangible-Asset is -3.33% 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 Jishi Media Co (SHSE:601929) Overvalued in 2026?
Based on GuruFocus' analysis, Jishi Media Co stock appears to be overvalued.
The current stock price of ¥2.35 is trading 20.5% above its estimated GF Value™ of ¥1.95.
GuruFocus considers Jishi Media Co to be Modestly Overvalued.
Key valuation signals for SHSE:601929:
Return-on-Tangible-Asset: -3.33%
GF Value™: ¥1.95 vs. price of ¥2.35 (20.5% above fair value)
No single metric tells the full story. See the SHSE:601929 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jishi Media Co Ltd operates in the broadcasting and television network industry. The company provides radio and television transmission basic services such as live channels, digital broadcasting, consulting and program guide services; digital television value-added services including paid channels, high definition broadcast channels, and interactive on-demand services. It also provides broadband two-way interactive services.
55GF Score
Get the complete analysis for SHSE:601929
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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