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SHSE:603300's Return-on-Tangible-Asset is ranked worse than 66.3% of 1086
companies
in the Business Services industry
Industry Median: 4.385
vs SHSE:603300: 1.56
Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co (SHSE:603300) 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 Haikong Nanke Huatie Digital Intelligence & Technology Co Return-on-Tangible-Asset Related Terms
Zhejiang Haikong Nanke Huatie Digital Intelligence & 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.
Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co Return-on-Tangible-Asset Chart
Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co Annual Data
* 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 Haikong Nanke Huatie Digital Intelligence & Technology Co Return-on-Tangible-Asset vs Business Services 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 1.80% mean?
Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co (SHSE:603300) has a Return-on-Tangible-Asset of 1.80% 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 Haikong Nanke Huatie Digital Intelligence & Technology Co and its competitors. This is 53% below median its historical median of 3.85. According to the industry distribution chart, Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co ranks #720 out of 1086 companies in the Business Services industry, placing it in the top 66.3%.
Is Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co's Return-on-Tangible-Asset too high?
Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co's current Return-on-Tangible-Asset of 1.80% is 53% below median its 10-year median of 3.85. The Business Services industry median Return-on-Tangible-Asset is 4.39. Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co's value of 1.80% is 59% below this industry median. Based on the distribution chart, Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co ranks #720 out of 1086 companies in the Business Services industry, which is below the industry midpoint. Overall, Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co's Return-on-Tangible-Asset compare to URI and SUNB?
According to the Business Services industry distribution chart, Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co ranks #720 out of 1086 companies for Return-on-Tangible-Asset. This places Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.39. Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co's value of 1.80% is 59% below this benchmark. While the company's 10-year median is 3.85 vs. the industry median of 4.39, Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co has consistently been below 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 Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 4.39, based on 1,086 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 Haikong Nanke Huatie Digital Intelligence & Technology Co's current Return-on-Tangible-Asset of 1.80% is 59% below 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 Haikong Nanke Huatie Digital Intelligence & Technology Co and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 4.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co's current Return-on-Tangible-Asset is 1.80%, which is 53% below median its own 10-year median of 3.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co (SHSE:603300) is currently considered Possible Value Trap. The stock's GF Value™ is ¥9.66, compared to a current price of ¥4.80 — trading 50.3% below its estimated fair value. The current Return-on-Tangible-Asset is 1.80%, which is 53% below median its 10-year median of 3.85 and 59% below the Business Services industry median of 4.39. Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co's overall GF Score™ is 64/100 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 Haikong Nanke Huatie Digital Intelligence & Technology Co (SHSE:603300), the current Return-on-Tangible-Asset is 1.80% 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 Haikong Nanke Huatie Digital Intelligence & Technology Co (SHSE:603300) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co stock appears to be undervalued.
The current stock price of ¥4.80 is trading 50.3% below its estimated GF Value™ of ¥9.66.
GuruFocus considers Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co to be Possible Value Trap.
Key valuation signals for SHSE:603300:
Return-on-Tangible-Asset: 1.80% (53% below median its 10-year median of 3.85)
GF Value™: ¥9.66 vs. price of ¥4.80 (50.3% below fair value)
Industry Position: 59% below the Business Services median (#720 of 1086)
No single metric tells the full story. See the SHSE:603300 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co Ltd is a equipment leasing company. Its main business is to provide construction support equipment, construction repair and maintenance equipment and engineering machinery and other operation and maintenance equipment services. Its products include construction support equipment, aerial work platforms and underground repair and maintenance equipment, which are used in the support and protection of subway and other rail transportation construction, urban renovation projects, building interior and exterior decoration maintenance, urban road construction and maintenance, green garden maintenance, equipment installation and maintenance, logistics warehousing and film and television scene construction, etc.
64GF Score
Get the complete analysis for SHSE:603300
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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