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Duolun TechnologySHSE:603528 54 Return-on-Tangible-Asset is -2.98% as of Jun. 2026. GuruFocus rates SHSE:603528 with a GF Score™ of 54/100 and a GF Value™ of ¥8.60 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,893 Software companies, Duolun Technology ranks worse than 63.12% 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. Duolun Technology's annualizedNet Income for the quarter that ended in Jun. 2026 was ¥-64.4 Mil. Duolun Technology's average total tangible assets for the quarter that ended in Jun. 2026 was ¥2,162.7 Mil. Therefore, Duolun Technology's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was -2.98%.
The historical rank and industry rank for Duolun Technology's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:603528'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.1 Med: 2.63 Max: 19.04
Current: -2.79
During the past 13 years, Duolun Technology's highest Return-on-Tangible-Asset was 19.04%. The lowest was -9.10%. And the median was 2.63%.
SHSE:603528's Return-on-Tangible-Asset is ranked worse than 63.12% of 2893
companies
in the Software industry
Industry Median: 2.17
vs SHSE:603528: -2.79
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.
Duolun Technology Return-on-Tangible-Asset Related Terms
Duolun Technology Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Duolun Technology'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:603528 vs QH, SHOP, UBER: Return-on-Tangible-Asset Comparison
For the Software - Application subindustry, Duolun Technology'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.
Duolun Technology Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Duolun Technology's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Duolun Technology'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 -2.98% mean?
Duolun Technology (SHSE:603528) has a Return-on-Tangible-Asset of -2.98% 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 Duolun Technology and its competitors. According to the industry distribution chart, Duolun Technology ranks #1826 out of 2893 companies in the Software industry, placing it in the top 63.1%.
Is Duolun Technology's Return-on-Tangible-Asset too high?
Duolun Technology's current Return-on-Tangible-Asset is -2.98%. Based on the distribution chart, Duolun Technology ranks #1826 out of 2893 companies in the Software industry, which is below the industry midpoint. Overall, Duolun Technology has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Duolun Technology's Return-on-Tangible-Asset compare to QH and SHOP?
According to the Software industry distribution chart, Duolun Technology ranks #1826 out of 2893 companies for Return-on-Tangible-Asset. This places Duolun Technology in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.17. 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 Software company?
The median Return-on-Tangible-Asset among Software companies is 2.17, based on 2,893 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. 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 Duolun Technology and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Duolun Technology's current Return-on-Tangible-Asset is -2.98%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Duolun Technology stock overvalued right now?
Based on GuruFocus' analysis, Duolun Technology (SHSE:603528) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥8.60, compared to a current price of ¥6.37 — trading 25.9% below its estimated fair value. The current Return-on-Tangible-Asset is -2.98%. Duolun Technology's overall GF Score™ is 54/100 with 2 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 Duolun Technology (SHSE:603528), the current Return-on-Tangible-Asset is -2.98% 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 Duolun Technology (SHSE:603528) Overvalued in 2026?
Based on GuruFocus' analysis, Duolun Technology stock appears to be undervalued.
The current stock price of ¥6.37 is trading 25.9% below its estimated GF Value™ of ¥8.60.
GuruFocus considers Duolun Technology to be Modestly Undervalued.
Key valuation signals for SHSE:603528:
Return-on-Tangible-Asset: -2.98%
GF Value™: ¥8.60 vs. price of ¥6.37 (25.9% below fair value)
No single metric tells the full story. See the SHSE:603528 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Duolun Technology Corp Ltd develops motor vehicle driving training and examination system, vehicle driving simulation training systems, intelligent traffic management application platform, traffic signal control systems and electronic police systems.
54GF Score
Get the complete analysis for SHSE:603528
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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