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SHSE:603165's Return-on-Tangible-Asset is ranked better than 72.68% of 410
companies
in the Packaging & Containers industry
Industry Median: 3.125
vs SHSE:603165: 6.40
Zhejiang Rongsheng Environmental Protection Paper Co (SHSE:603165) 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 Rongsheng Environmental Protection Paper Co Return-on-Tangible-Asset Related Terms
Zhejiang Rongsheng Environmental Protection Paper 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 Rongsheng Environmental Protection Paper Co Return-on-Tangible-Asset Chart
Zhejiang Rongsheng Environmental Protection Paper Co Annual Data
SHSE:603165 vs SW, AMCR, PKG: Return-on-Tangible-Asset Comparison
For the Packaging & Containers subindustry, Zhejiang Rongsheng Environmental Protection Paper 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 Rongsheng Environmental Protection Paper Co Return-on-Tangible-Asset vs Packaging & Containers 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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 9.96% mean?
Zhejiang Rongsheng Environmental Protection Paper Co (SHSE:603165) has a Return-on-Tangible-Asset of 9.96% 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 Rongsheng Environmental Protection Paper Co and its competitors. This is 18% below median its historical median of 12.17. Over the past decade, Zhejiang Rongsheng Environmental Protection Paper Co's Return-on-Tangible-Asset has ranged from 4.84 to 37.04. According to the industry distribution chart, Zhejiang Rongsheng Environmental Protection Paper Co ranks #112 out of 410 companies in the Packaging & Containers industry, placing it in the top 27.3%.
Is Zhejiang Rongsheng Environmental Protection Paper Co's Return-on-Tangible-Asset too high?
Zhejiang Rongsheng Environmental Protection Paper Co's current Return-on-Tangible-Asset of 9.96% is 18% below median its 10-year median of 12.17. Over the past 10 years, this metric has ranged from a low of 4.84 to a high of 37.04. The Packaging & Containers industry median Return-on-Tangible-Asset is 3.13. Zhejiang Rongsheng Environmental Protection Paper Co's value of 9.96% is 218.7% above this industry median. Based on the distribution chart, Zhejiang Rongsheng Environmental Protection Paper Co ranks #112 out of 410 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Zhejiang Rongsheng Environmental Protection Paper Co has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Rongsheng Environmental Protection Paper Co's Return-on-Tangible-Asset compare to SW and AMCR?
According to the Packaging & Containers industry distribution chart, Zhejiang Rongsheng Environmental Protection Paper Co ranks #112 out of 410 companies for Return-on-Tangible-Asset. This puts Zhejiang Rongsheng Environmental Protection Paper Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.13. Zhejiang Rongsheng Environmental Protection Paper Co's value of 9.96% is 218.7% above this benchmark. Historically, Zhejiang Rongsheng Environmental Protection Paper Co's own Return-on-Tangible-Asset has ranged from 4.84 to 37.04 over the past decade. While the company's 10-year median is 12.17 vs. the industry median of 3.13, Zhejiang Rongsheng Environmental Protection Paper 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 Packaging & Containers company?
The median Return-on-Tangible-Asset among Packaging & Containers companies is 3.13, based on 410 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 Rongsheng Environmental Protection Paper Co's current Return-on-Tangible-Asset of 9.96% is 218.7% 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 Zhejiang Rongsheng Environmental Protection Paper Co and its competitors. For the Packaging & Containers industry, the median Return-on-Tangible-Asset is 3.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Rongsheng Environmental Protection Paper Co's current Return-on-Tangible-Asset is 9.96%, which is 18% below median its own 10-year median of 12.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Rongsheng Environmental Protection Paper Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Rongsheng Environmental Protection Paper Co (SHSE:603165) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥13.04, compared to a current price of ¥14.96 — trading 14.7% above its estimated fair value. The current Return-on-Tangible-Asset is 9.96%, which is 18% below median its 10-year median of 12.17 and 218.7% above the Packaging & Containers industry median of 3.13. Zhejiang Rongsheng Environmental Protection Paper Co's overall GF Score™ is 73/100 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 Zhejiang Rongsheng Environmental Protection Paper Co (SHSE:603165), the current Return-on-Tangible-Asset is 9.96% 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 Rongsheng Environmental Protection Paper Co (SHSE:603165) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Rongsheng Environmental Protection Paper Co stock appears to be overvalued.
The current stock price of ¥14.96 is trading 14.7% above its estimated GF Value™ of ¥13.04.
GuruFocus considers Zhejiang Rongsheng Environmental Protection Paper Co to be Modestly Overvalued.
Key valuation signals for SHSE:603165:
Return-on-Tangible-Asset: 9.96% (18% below median its 10-year median of 12.17)
GF Value™: ¥13.04 vs. price of ¥14.96 (14.7% above fair value)
Industry Position: 218.7% above the Packaging & Containers median (#112 of 410)
No single metric tells the full story. See the SHSE:603165 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Rongsheng Environmental Protection Paper Co Ltd is engaged in manufacturing of paper and paper products. Its products include kraft liner board, corrugated cardboard and packaging product.
73GF Score
Get the complete analysis for SHSE:603165
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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