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.
Zhejiang Xiantong Rubber & Plastic CoSHSE:603239 -1.76%82 Return-on-Tangible-Asset is 11.43% as of Mar. 2026, which is 1% above its 10-year median of 11.37. GuruFocus rates SHSE:603239 with a GF Score™ of 82/100 and a GF Value™ of ¥21.65 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,331 Vehicles & Parts companies, Zhejiang Xiantong Rubber & Plastic Co ranks better than 92.41% on this metric.
The historical rank and industry rank for Zhejiang Xiantong Rubber & Plastic Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:603239'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 8.47 Med: 11.37 Max: 18.58
Current: 12.58
During the past 13 years, Zhejiang Xiantong Rubber & Plastic Co's highest Return-on-Tangible-Asset was 18.58%. The lowest was 8.47%. And the median was 11.37%.
SHSE:603239's Return-on-Tangible-Asset is ranked better than 92.41% of 1331
companies
in the Vehicles & Parts industry
Industry Median: 3.26
vs SHSE:603239: 12.58
Zhejiang Xiantong Rubber & Plastic Co (SHSE:603239) 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 Xiantong Rubber & Plastic Co Return-on-Tangible-Asset Related Terms
Zhejiang Xiantong Rubber & Plastic 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 Xiantong Rubber & Plastic Co Return-on-Tangible-Asset Chart
SHSE:603239 vs ORLY, AZO: Return-on-Tangible-Asset Comparison
For the Auto Parts subindustry, Zhejiang Xiantong Rubber & Plastic 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 Xiantong Rubber & Plastic Co Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang Xiantong Rubber & Plastic Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Zhejiang Xiantong Rubber & Plastic 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 11.43% mean?
Zhejiang Xiantong Rubber & Plastic Co (SHSE:603239) has a Return-on-Tangible-Asset of 11.43% 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 Zhejiang Xiantong Rubber & Plastic Co and its competitors. This is near median its historical median of 11.37. Over the past decade, Zhejiang Xiantong Rubber & Plastic Co's Return-on-Tangible-Asset has ranged from 8.47 to 18.58. According to the industry distribution chart, Zhejiang Xiantong Rubber & Plastic Co ranks #101 out of 1331 companies in the Vehicles & Parts industry, placing it in the top 7.6%.
Is Zhejiang Xiantong Rubber & Plastic Co's Return-on-Tangible-Asset too high?
Zhejiang Xiantong Rubber & Plastic Co's current Return-on-Tangible-Asset of 11.43% is near median its 10-year median of 11.37. Over the past 10 years, this metric has ranged from a low of 8.47 to a high of 18.58. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.26. Zhejiang Xiantong Rubber & Plastic Co's value of 11.43% is 250.6% above this industry median. Based on the distribution chart, Zhejiang Xiantong Rubber & Plastic Co ranks #101 out of 1331 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang Xiantong Rubber & Plastic Co has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Xiantong Rubber & Plastic Co's Return-on-Tangible-Asset compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Zhejiang Xiantong Rubber & Plastic Co ranks #101 out of 1331 companies for Return-on-Tangible-Asset. This places Zhejiang Xiantong Rubber & Plastic Co in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.26. Zhejiang Xiantong Rubber & Plastic Co's value of 11.43% is 250.6% above this benchmark. Historically, Zhejiang Xiantong Rubber & Plastic Co's own Return-on-Tangible-Asset has ranged from 8.47 to 18.58 over the past decade. While the company's 10-year median is 11.37 vs. the industry median of 3.26, Zhejiang Xiantong Rubber & Plastic 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 Vehicles & Parts company?
The median Return-on-Tangible-Asset among Vehicles & Parts companies is 3.26, based on 1,331 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 Xiantong Rubber & Plastic Co's current Return-on-Tangible-Asset of 11.43% is 250.6% 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 Xiantong Rubber & Plastic Co and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Xiantong Rubber & Plastic Co's current Return-on-Tangible-Asset is 11.43%, which is near median its own 10-year median of 11.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Xiantong Rubber & Plastic Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Xiantong Rubber & Plastic Co (SHSE:603239) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥21.65, compared to a current price of ¥14.48 — trading 33.1% below its estimated fair value. The current Return-on-Tangible-Asset is 11.43%, which is near median its 10-year median of 11.37 and 250.6% above the Vehicles & Parts industry median of 3.26. Zhejiang Xiantong Rubber & Plastic Co's overall GF Score™ is 82/100 with 3 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 Xiantong Rubber & Plastic Co (SHSE:603239), the current Return-on-Tangible-Asset is 11.43% 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 Zhejiang Xiantong Rubber & Plastic Co (SHSE:603239) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Xiantong Rubber & Plastic Co stock appears to be undervalued.
The current stock price of ¥14.48 is trading 33.1% below its estimated GF Value™ of ¥21.65.
GuruFocus considers Zhejiang Xiantong Rubber & Plastic Co to be Significantly Undervalued.
Key valuation signals for SHSE:603239:
Return-on-Tangible-Asset: 11.43% (near median its 10-year median of 11.37)
GF Value™: ¥21.65 vs. price of ¥14.48 (33.1% below fair value)
Industry Position: 250.6% above the Vehicles & Parts median (#101 of 1331)
No single metric tells the full story. See the SHSE:603239 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Xiantong Rubber & Plastic Co Ltd is an automotive parts manufacturer. Its products comprise of vehicular seals, decoratives and other automotive parts.
82GF Score
Get the complete analysis for SHSE:603239
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:603239 has been successfully added to your 
