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SHSE:603137's Return-on-Tangible-Asset is ranked worse than 77.96% of 1788
companies
in the Construction industry
Industry Median: 3.06
vs SHSE:603137: -1.49
Jiangsu Hengshang Energy Conservation Technology Co (SHSE:603137) 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.
Jiangsu Hengshang Energy Conservation Technology Co Return-on-Tangible-Asset Related Terms
Jiangsu Hengshang Energy Conservation Technology 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.
Jiangsu Hengshang Energy Conservation Technology Co Return-on-Tangible-Asset Chart
Jiangsu Hengshang Energy Conservation Technology Co Annual Data
SHSE:603137 vs TT, JCI, CARR: Return-on-Tangible-Asset Comparison
For the Building Products & Equipment subindustry, Jiangsu Hengshang Energy Conservation Technology 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.
Jiangsu Hengshang Energy Conservation Technology Co Return-on-Tangible-Asset vs Construction Industry
* 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 4.92% mean?
Jiangsu Hengshang Energy Conservation Technology Co (SHSE:603137) has a Return-on-Tangible-Asset of 4.92% 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 Jiangsu Hengshang Energy Conservation Technology Co and its competitors. This is near median its historical median of 4.66. According to the industry distribution chart, Jiangsu Hengshang Energy Conservation Technology Co ranks #1394 out of 1788 companies in the Construction industry, placing it in the top 78%.
Is Jiangsu Hengshang Energy Conservation Technology Co's Return-on-Tangible-Asset too high?
Jiangsu Hengshang Energy Conservation Technology Co's current Return-on-Tangible-Asset of 4.92% is near median its 10-year median of 4.66. The Construction industry median Return-on-Tangible-Asset is 3.06. Jiangsu Hengshang Energy Conservation Technology Co's value of 4.92% is 60.8% above this industry median. Based on the distribution chart, Jiangsu Hengshang Energy Conservation Technology Co ranks #1394 out of 1788 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Jiangsu Hengshang Energy Conservation Technology Co has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Hengshang Energy Conservation Technology Co's Return-on-Tangible-Asset compare to TT and JCI?
According to the Construction industry distribution chart, Jiangsu Hengshang Energy Conservation Technology Co ranks #1394 out of 1788 companies for Return-on-Tangible-Asset. This places Jiangsu Hengshang Energy Conservation Technology Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.06. Jiangsu Hengshang Energy Conservation Technology Co's value of 4.92% is 60.8% above this benchmark. While the company's 10-year median is 4.66 vs. the industry median of 3.06, Jiangsu Hengshang Energy Conservation Technology 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.06, based on 1,788 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. Jiangsu Hengshang Energy Conservation Technology Co's current Return-on-Tangible-Asset of 4.92% is 60.8% 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 Jiangsu Hengshang Energy Conservation Technology Co and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Hengshang Energy Conservation Technology Co's current Return-on-Tangible-Asset is 4.92%, which is near median its own 10-year median of 4.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Hengshang Energy Conservation Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Hengshang Energy Conservation Technology Co (SHSE:603137) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥6.15, compared to a current price of ¥22.75 — trading 269.9% above its estimated fair value. The current Return-on-Tangible-Asset is 4.92%, which is near median its 10-year median of 4.66 and 60.8% above the Construction industry median of 3.06. Jiangsu Hengshang Energy Conservation Technology Co's overall GF Score™ is 47/100 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 Jiangsu Hengshang Energy Conservation Technology Co (SHSE:603137), the current Return-on-Tangible-Asset is 4.92% 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 Jiangsu Hengshang Energy Conservation Technology Co (SHSE:603137) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu Hengshang Energy Conservation Technology Co stock appears to be overvalued.
The current stock price of ¥22.75 is trading 269.9% above its estimated GF Value™ of ¥6.15.
GuruFocus considers Jiangsu Hengshang Energy Conservation Technology Co to be Significantly Overvalued.
Key valuation signals for SHSE:603137:
Return-on-Tangible-Asset: 4.92% (near median its 10-year median of 4.66)
GF Value™: ¥6.15 vs. price of ¥22.75 (269.9% above fair value)
Industry Position: 60.8% above the Construction median (#1394 of 1788)
No single metric tells the full story. See the SHSE:603137 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangsu Hengshang Energy Conservation Technology Co Ltd is engaged in the Design, manufacture, and construction of building curtain walls, doors, skylights, steel structures, and window engineering. The company undertakes the design, installation, and construction of indoor and outdoor decoration projects and mechanical and electrical installations.
47GF Score
Get the complete analysis for SHSE:603137
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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