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Shanghai Unison Aluminium Products CoSHSE:603418 -0.88%44 Return-on-Tangible-Asset is 6.83% as of Mar. 2026, which is 33% below its 10-year median of 10.25. GuruFocus rates SHSE:603418 with a GF Score™ of 44/100. The stock has 5 warning signs investors should review. Among 1,334 Vehicles & Parts companies, Shanghai Unison Aluminium Products Co ranks better than 85.98% on this metric.
The historical rank and industry rank for Shanghai Unison Aluminium Products Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:603418'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.67 Med: 10.25 Max: 12.08
Current: 9.57
During the past 8 years, Shanghai Unison Aluminium Products Co's highest Return-on-Tangible-Asset was 12.08%. The lowest was 5.67%. And the median was 10.25%.
SHSE:603418's Return-on-Tangible-Asset is ranked better than 85.98% of 1334
companies
in the Vehicles & Parts industry
Industry Median: 3.35
vs SHSE:603418: 9.57
Shanghai Unison Aluminium Products Co (SHSE:603418) 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.
Shanghai Unison Aluminium Products Co Return-on-Tangible-Asset Related Terms
Shanghai Unison Aluminium Products 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.
Shanghai Unison Aluminium Products Co Return-on-Tangible-Asset Chart
SHSE:603418 vs ORLY, AZO: Return-on-Tangible-Asset Comparison
For the Auto Parts subindustry, Shanghai Unison Aluminium Products 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.
Shanghai Unison Aluminium Products Co Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Shanghai Unison Aluminium Products Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Shanghai Unison Aluminium Products 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 6.83% mean?
Shanghai Unison Aluminium Products Co (SHSE:603418) has a Return-on-Tangible-Asset of 6.83% 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 Shanghai Unison Aluminium Products Co and its competitors. This is 33% below median its historical median of 10.25. Over the past decade, Shanghai Unison Aluminium Products Co's Return-on-Tangible-Asset has ranged from 5.67 to 12.08. According to the industry distribution chart, Shanghai Unison Aluminium Products Co ranks #187 out of 1334 companies in the Vehicles & Parts industry, placing it in the top 14%.
Is Shanghai Unison Aluminium Products Co's Return-on-Tangible-Asset too high?
Shanghai Unison Aluminium Products Co's current Return-on-Tangible-Asset of 6.83% is 33% below median its 10-year median of 10.25. Over the past 10 years, this metric has ranged from a low of 5.67 to a high of 12.08. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.35. Shanghai Unison Aluminium Products Co's value of 6.83% is 103.9% above this industry median. Based on the distribution chart, Shanghai Unison Aluminium Products Co ranks #187 out of 1334 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai Unison Aluminium Products Co has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Shanghai Unison Aluminium Products Co's Return-on-Tangible-Asset compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Shanghai Unison Aluminium Products Co ranks #187 out of 1334 companies for Return-on-Tangible-Asset. This places Shanghai Unison Aluminium Products Co in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.35. Shanghai Unison Aluminium Products Co's value of 6.83% is 103.9% above this benchmark. Historically, Shanghai Unison Aluminium Products Co's own Return-on-Tangible-Asset has ranged from 5.67 to 12.08 over the past decade. While the company's 10-year median is 10.25 vs. the industry median of 3.35, Shanghai Unison Aluminium Products 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 3.35, based on 1,334 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. Shanghai Unison Aluminium Products Co's current Return-on-Tangible-Asset of 6.83% is 103.9% 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 Shanghai Unison Aluminium Products Co and its competitors. For the Vehicles & Parts 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. Shanghai Unison Aluminium Products Co's current Return-on-Tangible-Asset is 6.83%, which is 33% below median its own 10-year median of 10.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Unison Aluminium Products Co stock overvalued right now?
Shanghai Unison Aluminium Products Co (SHSE:603418) has a current Return-on-Tangible-Asset of 6.83%. The current Return-on-Tangible-Asset is 6.83%, which is 33% below median its 10-year median of 10.25 and 103.9% above the Vehicles & Parts industry median of 3.35. Shanghai Unison Aluminium Products Co's overall GF Score™ is 44/100 with 5 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 Shanghai Unison Aluminium Products Co (SHSE:603418), the current Return-on-Tangible-Asset is 6.83% 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.
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