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Xinjiang Torch Gas CoSHSE:603080 81 Return-on-Tangible-Asset is 13.36% as of Jun. 2026, which is 61% above its 10-year median of 8.30. GuruFocus rates SHSE:603080 with a GF Score™ of 81/100 and a GF Value™ of ¥21.15 (Fairly Valued). The stock has 3 warning signs investors should review. Among 510 Utilities - Regulated companies, Xinjiang Torch Gas Co ranks better than 92.16% 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. Xinjiang Torch Gas Co's annualizedNet Income for the quarter that ended in Jun. 2026 was ¥240 Mil. Xinjiang Torch Gas Co's average total tangible assets for the quarter that ended in Jun. 2026 was ¥1,793 Mil. Therefore, Xinjiang Torch Gas Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 13.36%.
The historical rank and industry rank for Xinjiang Torch Gas Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:603080'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.94 Med: 8.3 Max: 27.66
Current: 12.23
During the past 13 years, Xinjiang Torch Gas Co's highest Return-on-Tangible-Asset was 27.66%. The lowest was 4.94%. And the median was 8.30%.
SHSE:603080's Return-on-Tangible-Asset is ranked better than 92.16% of 510
companies
in the Utilities - Regulated industry
Industry Median: 3.365
vs SHSE:603080: 12.23
Xinjiang Torch Gas Co (SHSE:603080) 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.
Xinjiang Torch Gas Co Return-on-Tangible-Asset Related Terms
Xinjiang Torch Gas Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Xinjiang Torch Gas 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.
Xinjiang Torch Gas Co Return-on-Tangible-Asset Chart
SHSE:603080 vs ATO, NI: Return-on-Tangible-Asset Comparison
For the Utilities - Regulated Gas subindustry, Xinjiang Torch Gas 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.
Xinjiang Torch Gas Co Return-on-Tangible-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Xinjiang Torch Gas Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Xinjiang Torch Gas 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 13.36% mean?
Xinjiang Torch Gas Co (SHSE:603080) has a Return-on-Tangible-Asset of 13.36% 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 Xinjiang Torch Gas Co and its competitors. This is 61% above median its historical median of 8.30. Over the past decade, Xinjiang Torch Gas Co's Return-on-Tangible-Asset has ranged from 4.94 to 27.66. According to the industry distribution chart, Xinjiang Torch Gas Co ranks #40 out of 510 companies in the Utilities - Regulated industry, placing it in the top 7.8%.
Is Xinjiang Torch Gas Co's Return-on-Tangible-Asset too high?
Xinjiang Torch Gas Co's current Return-on-Tangible-Asset of 13.36% is 61% above median its 10-year median of 8.30. Over the past 10 years, this metric has ranged from a low of 4.94 to a high of 27.66. The Utilities - Regulated industry median Return-on-Tangible-Asset is 3.37. Xinjiang Torch Gas Co's value of 13.36% is 297% above this industry median. Based on the distribution chart, Xinjiang Torch Gas Co ranks #40 out of 510 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Xinjiang Torch Gas Co has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Xinjiang Torch Gas Co's Return-on-Tangible-Asset compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Xinjiang Torch Gas Co ranks #40 out of 510 companies for Return-on-Tangible-Asset. This places Xinjiang Torch Gas Co in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.37. Xinjiang Torch Gas Co's value of 13.36% is 297% above this benchmark. Historically, Xinjiang Torch Gas Co's own Return-on-Tangible-Asset has ranged from 4.94 to 27.66 over the past decade. While the company's 10-year median is 8.30 vs. the industry median of 3.37, Xinjiang Torch Gas 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 Utilities - Regulated company?
The median Return-on-Tangible-Asset among Utilities - Regulated companies is 3.37, based on 510 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. Xinjiang Torch Gas Co's current Return-on-Tangible-Asset of 13.36% is 297% 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 Xinjiang Torch Gas Co and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Asset is 3.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xinjiang Torch Gas Co's current Return-on-Tangible-Asset is 13.36%, which is 61% above median its own 10-year median of 8.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xinjiang Torch Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Xinjiang Torch Gas Co (SHSE:603080) is currently considered Fairly Valued. The stock's GF Value™ is ¥21.15, compared to a current price of ¥20.57 — trading 2.7% below its estimated fair value. The current Return-on-Tangible-Asset is 13.36%, which is 61% above median its 10-year median of 8.30 and 297% above the Utilities - Regulated industry median of 3.37. Xinjiang Torch Gas Co's overall GF Score™ is 81/100 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 Xinjiang Torch Gas Co (SHSE:603080), the current Return-on-Tangible-Asset is 13.36% 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 Xinjiang Torch Gas Co (SHSE:603080) Overvalued in 2026?
Based on GuruFocus' analysis, Xinjiang Torch Gas Co stock appears to be undervalued.
The current stock price of ¥20.57 is trading 2.7% below its estimated GF Value™ of ¥21.15.
GuruFocus considers Xinjiang Torch Gas Co to be Fairly Valued.
Key valuation signals for SHSE:603080:
Return-on-Tangible-Asset: 13.36% (61% above median its 10-year median of 8.30)
GF Value™: ¥21.15 vs. price of ¥20.57 (2.7% below fair value)
Industry Position: 297% above the Utilities - Regulated median (#40 of 510)
No single metric tells the full story. See the SHSE:603080 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Xinjiang Torch Gas Co Ltd is engaged in the sale of natural gas. The company also offers gas appliances and accessories, provides long-distance pipe network and other related services.
81GF Score
Get the complete analysis for SHSE:603080
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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