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Zhejiang Dafeng Industry CoSHSE:603081 -1.92%63 Return-on-Tangible-Asset is 2.64% as of Jun. 2026, which is 59% below its 10-year median of 6.47. GuruFocus rates SHSE:603081 with a GF Score™ of 63/100 and a GF Value™ of ¥13.91 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,089 Business Services companies, Zhejiang Dafeng Industry Co ranks worse than 69.24% on this metric.
The historical rank and industry rank for Zhejiang Dafeng Industry Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:603081'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.83 Med: 6.47 Max: 11.64
Current: 0.86
During the past 13 years, Zhejiang Dafeng Industry Co's highest Return-on-Tangible-Asset was 11.64%. The lowest was 0.83%. And the median was 6.47%.
SHSE:603081's Return-on-Tangible-Asset is ranked worse than 69.24% of 1089
companies
in the Business Services industry
Industry Median: 4.36
vs SHSE:603081: 0.86
Zhejiang Dafeng Industry Co (SHSE:603081) 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.
Zhejiang Dafeng Industry Co Return-on-Tangible-Asset Related Terms
Zhejiang Dafeng Industry 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.
Zhejiang Dafeng Industry Co Return-on-Tangible-Asset Chart
SHSE:603081 vs CTAS, CPRT, GPN: Return-on-Tangible-Asset Comparison
For the Specialty Business Services subindustry, Zhejiang Dafeng Industry 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.
Zhejiang Dafeng Industry Co Return-on-Tangible-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, Zhejiang Dafeng Industry Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Zhejiang Dafeng Industry 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 2.64% mean?
Zhejiang Dafeng Industry Co (SHSE:603081) has a Return-on-Tangible-Asset of 2.64% 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 Zhejiang Dafeng Industry Co and its competitors. This is 59% below median its historical median of 6.47. Over the past decade, Zhejiang Dafeng Industry Co's Return-on-Tangible-Asset has ranged from 0.83 to 11.64. According to the industry distribution chart, Zhejiang Dafeng Industry Co ranks #754 out of 1089 companies in the Business Services industry, placing it in the top 69.2%.
Is Zhejiang Dafeng Industry Co's Return-on-Tangible-Asset too high?
Zhejiang Dafeng Industry Co's current Return-on-Tangible-Asset of 2.64% is 59% below median its 10-year median of 6.47. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 11.64. The Business Services industry median Return-on-Tangible-Asset is 4.36. Zhejiang Dafeng Industry Co's value of 2.64% is 39.4% below this industry median. Based on the distribution chart, Zhejiang Dafeng Industry Co ranks #754 out of 1089 companies in the Business Services industry, which is below the industry midpoint. Overall, Zhejiang Dafeng Industry Co has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Dafeng Industry Co's Return-on-Tangible-Asset compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Zhejiang Dafeng Industry Co ranks #754 out of 1089 companies for Return-on-Tangible-Asset. This places Zhejiang Dafeng Industry Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.36. Zhejiang Dafeng Industry Co's value of 2.64% is 39.4% below this benchmark. Historically, Zhejiang Dafeng Industry Co's own Return-on-Tangible-Asset has ranged from 0.83 to 11.64 over the past decade. While the company's 10-year median is 6.47 vs. the industry median of 4.36, Zhejiang Dafeng Industry 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 Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 4.36, based on 1,089 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. Zhejiang Dafeng Industry Co's current Return-on-Tangible-Asset of 2.64% is 39.4% 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 Zhejiang Dafeng Industry Co and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 4.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Dafeng Industry Co's current Return-on-Tangible-Asset is 2.64%, which is 59% below median its own 10-year median of 6.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Dafeng Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Dafeng Industry Co (SHSE:603081) is currently considered Possible Value Trap. The stock's GF Value™ is ¥13.91, compared to a current price of ¥9.70 — trading 30.3% below its estimated fair value. The current Return-on-Tangible-Asset is 2.64%, which is 59% below median its 10-year median of 6.47 and 39.4% below the Business Services industry median of 4.36. Zhejiang Dafeng Industry Co's overall GF Score™ is 63/100 with 9 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 Zhejiang Dafeng Industry Co (SHSE:603081), the current Return-on-Tangible-Asset is 2.64% 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 Zhejiang Dafeng Industry Co (SHSE:603081) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Dafeng Industry Co stock appears to be undervalued.
The current stock price of ¥9.70 is trading 30.3% below its estimated GF Value™ of ¥13.91.
GuruFocus considers Zhejiang Dafeng Industry Co to be Possible Value Trap.
Key valuation signals for SHSE:603081:
Return-on-Tangible-Asset: 2.64% (59% below median its 10-year median of 6.47)
GF Value™: ¥13.91 vs. price of ¥9.70 (30.3% below fair value)
Industry Position: 39.4% below the Business Services median (#754 of 1089)
No single metric tells the full story. See the SHSE:603081 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Dafeng Industry Co Ltd is a Chinese company engaged in providing culture and sports facility services. It offers stage, lighting, sound, intelligent, decoration, seating, BT construction, design, production, installation and after-sales services.
63GF Score
Get the complete analysis for SHSE:603081
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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