Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
SHSE:603111'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -65.78 Med: 6.19 Max: 13.97
Current: 4.97
During the past 13 years, Nanjing Kangni Mechanical & Electrical Co's highest Return-on-Tangible-Asset was 13.97%. The lowest was -65.78%. And the median was 6.19%.
SHSE:603111's Return-on-Tangible-Asset is ranked better than 59.94% of 1011
companies
in the Transportation industry
Industry Median: 3.78
vs SHSE:603111: 4.97
Nanjing Kangni Mechanical & Electrical Co (SHSE:603111) 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.
Nanjing Kangni Mechanical & Electrical Co Return-on-Tangible-Asset Related Terms
Nanjing Kangni Mechanical & Electrical 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.
Nanjing Kangni Mechanical & Electrical Co Return-on-Tangible-Asset Chart
Nanjing Kangni Mechanical & Electrical Co Annual Data
SHSE:603111 vs UNP, CSX, NSC: Return-on-Tangible-Asset Comparison
For the Railroads subindustry, Nanjing Kangni Mechanical & Electrical 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.
Nanjing Kangni Mechanical & Electrical Co Return-on-Tangible-Asset vs Transportation Industry
For the Transportation industry and Industrials sector, Nanjing Kangni Mechanical & Electrical Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Nanjing Kangni Mechanical & Electrical 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 6.15% mean?
Nanjing Kangni Mechanical & Electrical Co (SHSE:603111) has a Return-on-Tangible-Asset of 6.15% 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 Nanjing Kangni Mechanical & Electrical Co and its competitors. This is near median its historical median of 6.19. According to the industry distribution chart, Nanjing Kangni Mechanical & Electrical Co ranks #405 out of 1011 companies in the Transportation industry, placing it in the top 40.1%.
Is Nanjing Kangni Mechanical & Electrical Co's Return-on-Tangible-Asset too high?
Nanjing Kangni Mechanical & Electrical Co's current Return-on-Tangible-Asset of 6.15% is near median its 10-year median of 6.19. The Transportation industry median Return-on-Tangible-Asset is 3.78. Nanjing Kangni Mechanical & Electrical Co's value of 6.15% is 62.7% above this industry median. Based on the distribution chart, Nanjing Kangni Mechanical & Electrical Co ranks #405 out of 1011 companies in the Transportation industry, which is above the industry midpoint. Overall, Nanjing Kangni Mechanical & Electrical Co has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nanjing Kangni Mechanical & Electrical Co's Return-on-Tangible-Asset compare to UNP and CSX?
According to the Transportation industry distribution chart, Nanjing Kangni Mechanical & Electrical Co ranks #405 out of 1011 companies for Return-on-Tangible-Asset. This puts Nanjing Kangni Mechanical & Electrical Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.78. Nanjing Kangni Mechanical & Electrical Co's value of 6.15% is 62.7% above this benchmark. While the company's 10-year median is 6.19 vs. the industry median of 3.78, Nanjing Kangni Mechanical & Electrical 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 a Transportation company?
The median Return-on-Tangible-Asset among Transportation companies is 3.78, based on 1,011 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. Nanjing Kangni Mechanical & Electrical Co's current Return-on-Tangible-Asset of 6.15% is 62.7% 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 Nanjing Kangni Mechanical & Electrical Co and its competitors. For the Transportation industry, the median Return-on-Tangible-Asset is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nanjing Kangni Mechanical & Electrical Co's current Return-on-Tangible-Asset is 6.15%, which is near median its own 10-year median of 6.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanjing Kangni Mechanical & Electrical Co stock overvalued right now?
Based on GuruFocus' analysis, Nanjing Kangni Mechanical & Electrical Co (SHSE:603111) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥7.51, compared to a current price of ¥6.28 — trading 16.4% below its estimated fair value. The current Return-on-Tangible-Asset is 6.15%, which is near median its 10-year median of 6.19 and 62.7% above the Transportation industry median of 3.78. Nanjing Kangni Mechanical & Electrical Co's overall GF Score™ is 76/100 with 7 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 Nanjing Kangni Mechanical & Electrical Co (SHSE:603111), the current Return-on-Tangible-Asset is 6.15% 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 Nanjing Kangni Mechanical & Electrical Co (SHSE:603111) Overvalued in 2026?
Based on GuruFocus' analysis, Nanjing Kangni Mechanical & Electrical Co stock appears to be undervalued.
The current stock price of ¥6.28 is trading 16.4% below its estimated GF Value™ of ¥7.51.
GuruFocus considers Nanjing Kangni Mechanical & Electrical Co to be Modestly Undervalued.
Key valuation signals for SHSE:603111:
Return-on-Tangible-Asset: 6.15% (near median its 10-year median of 6.19)
GF Value™: ¥7.51 vs. price of ¥6.28 (16.4% below fair value)
Industry Position: 62.7% above the Transportation median (#405 of 1011)
No single metric tells the full story. See the SHSE:603111 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nanjing Kangni Mechanical & Electrical Co Ltd is engaged in research and development, manufacturing and maintenance of railway vehicle door system. It has cooperated with car builders such as Bombardier, Alstom, and Siemens to sell products all over the world, including France, Canada, Turkey, Singapore, Argentina, America, Saudi Arabia and Brazil. It also provides other a full suite of related products such as interior fittings, power connectors, platform screen doors, new energy products for automobile industry and precision machining equipment.
76GF Score
Get the complete analysis for SHSE:603111
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:603111 has been successfully added to your 
