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Jingjin EquipmentSHSE:603279 +1.00%85 Return-on-Tangible-Asset is 4.28% as of Jun. 2026, which is 58% below its 10-year median of 10.31. GuruFocus rates SHSE:603279 with a GF Score™ of 85/100 and a GF Value™ of ¥18.06 (Significantly Undervalued). The stock has 8 warning signs investors should review. Among 3,094 Industrial Products companies, Jingjin Equipment ranks better than 59.31% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Jingjin Equipment's annualizedNet Income for the quarter that ended in Jun. 2026 was ¥364 Mil. Jingjin Equipment's average total tangible assets for the quarter that ended in Jun. 2026 was ¥0 Mil. Therefore, Jingjin Equipment's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 4.28%.
The historical rank and industry rank for Jingjin Equipment's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:603279'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.75 Med: 10.31 Max: 12.58
Current: 4.75
During the past 10 years, Jingjin Equipment's highest Return-on-Tangible-Asset was 12.58%. The lowest was 4.75%. And the median was 10.31%.
SHSE:603279's Return-on-Tangible-Asset is ranked better than 59.31% of 3094
companies
in the Industrial Products industry
Industry Median: 3.345
vs SHSE:603279: 4.75
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.
Jingjin Equipment Return-on-Tangible-Asset Related Terms
Jingjin Equipment Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Jingjin Equipment's Return-on-Tangible-Asset can be seen below:
* 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.
SHSE:603279 vs VLTO, ZWS, CECO: Return-on-Tangible-Asset Comparison
For the Pollution & Treatment Controls subindustry, Jingjin Equipment'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.
Jingjin Equipment Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Jingjin Equipment's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Jingjin Equipment'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 4.28% mean?
Jingjin Equipment (SHSE:603279) has a Return-on-Tangible-Asset of 4.28% 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 Jingjin Equipment and its competitors. This is 58% below median its historical median of 10.31. Over the past decade, Jingjin Equipment's Return-on-Tangible-Asset has ranged from 4.75 to 12.58. According to the industry distribution chart, Jingjin Equipment ranks #1259 out of 3094 companies in the Industrial Products industry, placing it in the top 40.7%.
Is Jingjin Equipment's Return-on-Tangible-Asset too high?
Jingjin Equipment's current Return-on-Tangible-Asset of 4.28% is 58% below median its 10-year median of 10.31. Over the past 10 years, this metric has ranged from a low of 4.75 to a high of 12.58. The Industrial Products industry median Return-on-Tangible-Asset is 3.35. Jingjin Equipment's value of 4.28% is 28% above this industry median. Based on the distribution chart, Jingjin Equipment ranks #1259 out of 3094 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Jingjin Equipment has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jingjin Equipment's Return-on-Tangible-Asset compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Jingjin Equipment ranks #1259 out of 3094 companies for Return-on-Tangible-Asset. This puts Jingjin Equipment in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.35. Jingjin Equipment's value of 4.28% is 28% above this benchmark. Historically, Jingjin Equipment's own Return-on-Tangible-Asset has ranged from 4.75 to 12.58 over the past decade. While the company's 10-year median is 10.31 vs. the industry median of 3.35, Jingjin Equipment 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.35, based on 3,094 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. Jingjin Equipment's current Return-on-Tangible-Asset of 4.28% is 28% 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 Jingjin Equipment and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jingjin Equipment's current Return-on-Tangible-Asset is 4.28%, which is 58% below median its own 10-year median of 10.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jingjin Equipment stock overvalued right now?
Based on GuruFocus' analysis, Jingjin Equipment (SHSE:603279) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥18.06, compared to a current price of ¥11.14 — trading 38.3% below its estimated fair value. The current Return-on-Tangible-Asset is 4.28%, which is 58% below median its 10-year median of 10.31 and 28% above the Industrial Products industry median of 3.35. Jingjin Equipment's overall GF Score™ is 85/100 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 Jingjin Equipment (SHSE:603279), the current Return-on-Tangible-Asset is 4.28% 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 Jingjin Equipment (SHSE:603279) Overvalued in 2026?
Based on GuruFocus' analysis, Jingjin Equipment stock appears to be undervalued.
The current stock price of ¥11.14 is trading 38.3% below its estimated GF Value™ of ¥18.06.
GuruFocus considers Jingjin Equipment to be Significantly Undervalued.
Key valuation signals for SHSE:603279:
Return-on-Tangible-Asset: 4.28% (58% below median its 10-year median of 10.31)
GF Value™: ¥18.06 vs. price of ¥11.14 (38.3% below fair value)
Industry Position: 28% above the Industrial Products median (#1259 of 3094)
No single metric tells the full story. See the SHSE:603279 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jingjin Equipment Inc is an environmental protection service provider of filter outfit production, filter technology overall plan solution and environment protection project contraction and operation. The comapny is engaged in the development of energy conservation and environment protection career, providing consumers by cost-effective products and professional quality service. Its products include pressure filter, vibrating centrifuge, blender, conveyor, automatic reagent feeder, double drive thickener, mud scraper, and cake breaker.
85GF Score
Get the complete analysis for SHSE:603279
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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