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Anjoy Foods Group CoSHSE:603345 +0.77%95 Return-on-Tangible-Asset is 5.44% as of Jun. 2026, which is 37% below its 10-year median of 8.65. GuruFocus rates SHSE:603345 with a GF Score™ of 95/100 and a GF Value™ of ¥89.20 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,002 Consumer Packaged Goods companies, Anjoy Foods Group Co ranks better than 74.28% 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. Anjoy Foods Group Co's annualizedNet Income for the quarter that ended in Jun. 2026 was ¥1,036 Mil. Anjoy Foods Group Co's average total tangible assets for the quarter that ended in Jun. 2026 was ¥19,042 Mil. Therefore, Anjoy Foods Group Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 5.44%.
The historical rank and industry rank for Anjoy Foods Group Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:603345'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.06 Med: 8.65 Max: 10.03
Current: 8.22
During the past 13 years, Anjoy Foods Group Co's highest Return-on-Tangible-Asset was 10.03%. The lowest was 7.06%. And the median was 8.65%.
SHSE:603345's Return-on-Tangible-Asset is ranked better than 74.28% of 2002
companies
in the Consumer Packaged Goods industry
Industry Median: 3.52
vs SHSE:603345: 8.22
Anjoy Foods Group Co (SHSE:603345) 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.
Anjoy Foods Group Co Return-on-Tangible-Asset Related Terms
Anjoy Foods Group Co Return-on-Tangible-Asset Historical Data
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The historical data trend for Anjoy Foods Group Co'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.
Anjoy Foods Group Co Return-on-Tangible-Asset Chart
SHSE:603345 vs KHC, GIS: Return-on-Tangible-Asset Comparison
For the Packaged Foods subindustry, Anjoy Foods Group 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.
Anjoy Foods Group Co Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Anjoy Foods Group Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Anjoy Foods Group 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 5.44% mean?
Anjoy Foods Group Co (SHSE:603345) has a Return-on-Tangible-Asset of 5.44% 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 Anjoy Foods Group Co and its competitors. This is 37% below median its historical median of 8.65. Over the past decade, Anjoy Foods Group Co's Return-on-Tangible-Asset has ranged from 7.06 to 10.03. According to the industry distribution chart, Anjoy Foods Group Co ranks #515 out of 2002 companies in the Consumer Packaged Goods industry, placing it in the top 25.7%.
Is Anjoy Foods Group Co's Return-on-Tangible-Asset too high?
Anjoy Foods Group Co's current Return-on-Tangible-Asset of 5.44% is 37% below median its 10-year median of 8.65. Over the past 10 years, this metric has ranged from a low of 7.06 to a high of 10.03. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.52. Anjoy Foods Group Co's value of 5.44% is 54.5% above this industry median. Based on the distribution chart, Anjoy Foods Group Co ranks #515 out of 2002 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Anjoy Foods Group Co has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Anjoy Foods Group Co's Return-on-Tangible-Asset compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Anjoy Foods Group Co ranks #515 out of 2002 companies for Return-on-Tangible-Asset. This puts Anjoy Foods Group Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.52. Anjoy Foods Group Co's value of 5.44% is 54.5% above this benchmark. Historically, Anjoy Foods Group Co's own Return-on-Tangible-Asset has ranged from 7.06 to 10.03 over the past decade. While the company's 10-year median is 8.65 vs. the industry median of 3.52, Anjoy Foods Group 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.52, based on 2,002 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. Anjoy Foods Group Co's current Return-on-Tangible-Asset of 5.44% is 54.5% 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 Anjoy Foods Group Co and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anjoy Foods Group Co's current Return-on-Tangible-Asset is 5.44%, which is 37% below median its own 10-year median of 8.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anjoy Foods Group Co stock overvalued right now?
Based on GuruFocus' analysis, Anjoy Foods Group Co (SHSE:603345) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥89.20, compared to a current price of ¥76.38 — trading 14.4% below its estimated fair value. The current Return-on-Tangible-Asset is 5.44%, which is 37% below median its 10-year median of 8.65 and 54.5% above the Consumer Packaged Goods industry median of 3.52. Anjoy Foods Group Co's overall GF Score™ is 95/100 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 Anjoy Foods Group Co (SHSE:603345), the current Return-on-Tangible-Asset is 5.44% 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 Anjoy Foods Group Co (SHSE:603345) Overvalued in 2026?
Based on GuruFocus' analysis, Anjoy Foods Group Co stock appears to be undervalued.
The current stock price of ¥76.38 is trading 14.4% below its estimated GF Value™ of ¥89.20.
GuruFocus considers Anjoy Foods Group Co to be Modestly Undervalued.
Key valuation signals for SHSE:603345:
Return-on-Tangible-Asset: 5.44% (37% below median its 10-year median of 8.65)
GF Value™: ¥89.20 vs. price of ¥76.38 (14.4% below fair value)
Industry Position: 54.5% above the Consumer Packaged Goods median (#515 of 2002)
No single metric tells the full story. See the SHSE:603345 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Anjoy Foods Group Co Ltd is a frozen food production company. It is engaged in the R&D, production, and sales of quick-frozen food products, such as quick-frozen flavored and processed products (quick-frozen surimi products and quick-frozen meat products), quick-frozen prepared dishes, and quick-frozen flour and rice products. The company operates across both domestic and international markets.
95GF Score
Get the complete analysis for SHSE:603345
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