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Fujian Highton Development CoSHSE:603162 -2.51%90 Return-on-Tangible-Asset is 17.20% as of Jun. 2026, which is 174% above its 10-year median of 6.28. GuruFocus rates SHSE:603162 with a GF Score™ of 90/100 and a GF Value™ of ¥13.00 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,012 Transportation companies, Fujian Highton Development Co ranks better than 90.32% on this metric.
The historical rank and industry rank for Fujian Highton Development Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:603162'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.11 Med: 6.28 Max: 28.3
Current: 13.13
During the past 11 years, Fujian Highton Development Co's highest Return-on-Tangible-Asset was 28.30%. The lowest was 0.11%. And the median was 6.28%.
SHSE:603162's Return-on-Tangible-Asset is ranked better than 90.32% of 1012
companies
in the Transportation industry
Industry Median: 3.805
vs SHSE:603162: 13.13
Fujian Highton Development Co (SHSE:603162) 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.
Fujian Highton Development Co Return-on-Tangible-Asset Related Terms
Fujian Highton Development 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.
Fujian Highton Development Co Return-on-Tangible-Asset Chart
Fujian Highton Development Co Return-on-Tangible-Asset Competitor Comparison
For the Marine Shipping subindustry, Fujian Highton Development 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.
Fujian Highton Development Co Return-on-Tangible-Asset vs Transportation Industry
For the Transportation industry and Industrials sector, Fujian Highton Development Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Fujian Highton Development 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 17.20% mean?
Fujian Highton Development Co (SHSE:603162) has a Return-on-Tangible-Asset of 17.20% 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 Fujian Highton Development Co and its competitors. This is 174% above median its historical median of 6.28. Over the past decade, Fujian Highton Development Co's Return-on-Tangible-Asset has ranged from 0.11 to 28.30. According to the industry distribution chart, Fujian Highton Development Co ranks #98 out of 1012 companies in the Transportation industry, placing it in the top 9.7%.
Is Fujian Highton Development Co's Return-on-Tangible-Asset too high?
Fujian Highton Development Co's current Return-on-Tangible-Asset of 17.20% is 174% above median its 10-year median of 6.28. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 28.30. The Transportation industry median Return-on-Tangible-Asset is 3.81. Fujian Highton Development Co's value of 17.20% is 352% above this industry median. Based on the distribution chart, Fujian Highton Development Co ranks #98 out of 1012 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Fujian Highton Development Co has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fujian Highton Development Co's Return-on-Tangible-Asset compare to competitors?
According to the Transportation industry distribution chart, Fujian Highton Development Co ranks #98 out of 1012 companies for Return-on-Tangible-Asset. This places Fujian Highton Development Co in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.81. Fujian Highton Development Co's value of 17.20% is 352% above this benchmark. Historically, Fujian Highton Development Co's own Return-on-Tangible-Asset has ranged from 0.11 to 28.30 over the past decade. While the company's 10-year median is 6.28 vs. the industry median of 3.81, Fujian Highton Development 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 3.81, based on 1,012 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. Fujian Highton Development Co's current Return-on-Tangible-Asset of 17.20% is 352% 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 Fujian Highton Development Co and its competitors. For the Transportation industry, the median Return-on-Tangible-Asset is 3.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fujian Highton Development Co's current Return-on-Tangible-Asset is 17.20%, which is 174% above median its own 10-year median of 6.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fujian Highton Development Co stock overvalued right now?
Based on GuruFocus' analysis, Fujian Highton Development Co (SHSE:603162) is currently considered Fairly Valued. The stock's GF Value™ is ¥13.00, compared to a current price of ¥12.03 — trading 7.5% below its estimated fair value. The current Return-on-Tangible-Asset is 17.20%, which is 174% above median its 10-year median of 6.28 and 352% above the Transportation industry median of 3.81. Fujian Highton Development Co's overall GF Score™ is 90/100 with 4 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 Fujian Highton Development Co (SHSE:603162), the current Return-on-Tangible-Asset is 17.20% 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 Fujian Highton Development Co (SHSE:603162) Overvalued in 2026?
Based on GuruFocus' analysis, Fujian Highton Development Co stock appears to be undervalued.
The current stock price of ¥12.03 is trading 7.5% below its estimated GF Value™ of ¥13.00.
GuruFocus considers Fujian Highton Development Co to be Fairly Valued.
Key valuation signals for SHSE:603162:
Return-on-Tangible-Asset: 17.20% (174% above median its 10-year median of 6.28)
GF Value™: ¥13.00 vs. price of ¥12.03 (7.5% below fair value)
Industry Position: 352% above the Transportation median (#98 of 1012)
No single metric tells the full story. See the SHSE:603162 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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